Wipro Q3 results FY25 reported a 24% year-on-year increase in net profit at ₹3,354 crores. On the Wipro Q3 result date which was January 17, 2025, the Wipro share price closed at ₹281.95. So, let’s get into the details of the Wipro Q3 results and its key findings.
Wipro Q3 Results FY25: Key Highlights
- Revenue increased by 0.1% QoQ which was above the upper end of guidance.
- Operating margin reached a 12-quarter high of 17.5% and it grew by 0.7% on a QoQ basis.
- The company declared an interim dividend of ₹6 per share. The record date is set at January 28, 2025 and it will be paid on (or before) February 15, 2025.
The summary of Wipro Q3 results highlights the net profit growth but there is only a 2% increase in free cash flow.
| Consolidated Results | Q3 FY25 | Q3 FY24 | YoY Change |
|---|---|---|---|
| Net Profit (in ₹ Cr) | 3,354 | 2,694 | 24% |
| Revenue from Operations (in ₹ Cr) | 22,319 | 22,205 | 1% |
| Free Cash Flow (in ₹ Cr) | 4,652 | 4,549 | 2% |
| Large Deal Bookings (in $ million) | 961 | 900 | 7% |
| IT Services – Segment Revenue (in $ million) | 2,629 | 2,656 | -1% |
| IT Services – Operating Margin (in %) | 17.5% | 16% | 2% |
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Wipro Q3 Results: FY25 Outlook
The company expects that the IT services business revenue will be in the range of $2,602 million to $2,655 million at the end of FY25. This means that the sequential guidance of -1% to 1% in CC terms.
Wipro Q3 Results: Management Commentary
Srini Pallia, CEO and Managing Director, of Wipro said “In a seasonally weak quarter, our strong in quarter execution helped us deliver above the top end of our revenue guidance. We also achieved our highest margins in the past three years while continuing to invest in our people. We closed 17 large deals with a total value of $1B. We are advancing steadily and investing decisively to lead our clients in an AI-driven future.”
Highlighting the Wipro share price performance, it has generated a negative return of around 6% in the last 1 week (as on January 17, 2025). Keep exploring stocks and open demat account with SMC Global Securities. Stay tuned for the upcoming Nifty 50 companies quarterly results.
References:
SMC Global Securities Research Team
Author: All Content is verified by SMC Global Securities.
WHY SMC
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