Indian software services provider Wipro Ltd (WIT) reported third quarter net income attributable to the equity holders of the company of $313 million, representing an increase of 18% year over year. Earnings per equity share for the quarter were $0.13.
Non-GAAP Adjusted Net Income for the quarter was $312 million, representing an increase of 17% year over year. Wipro reports results on the basis of International Financial Reporting Standards.
Total Revenue for the quarter was $2.01 billion, up 10% over the same period last year. IT Services Revenues for the quarter were $1.577 billion, representing a sequential increase of 2.4% and Year over year increase of 4.8%.
Analysts polled by Thomson Reuters expected the company to earn $0.13 per share for the quarter on $2.01 billion revenues. Analysts' estimates typically exclude special items.
Wipro declared an interim dividend of $0.041 per share /ADS.
Looking ahead, the company expects fourth quarter revenues from IT Services business to be in the range of $1.585 billion to $1.625 billion.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.