Wipro reports 24.4% increase in Q3 profit, announces Rs 6 dividend and new capital allocation policy

Q: How long will it take to read this news story?

The story "Wipro reports 24.4% increase in Q3 profit, announces Rs 6 dividend and new capital allocation policy" has 809 words across 26 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Wipro reports 24.4% increase in Q3 profit, announces Rs 6 dividend and new capital allocation policy" was covered 8 hours ago by Times of India, a news publisher based in India.

Q: How trustworthy is 'Times of India' news outlet?

Times of India is a fully independent (privately-owned) news outlet established in 1838 that covers mostly economy and business news. The outlet is headquartered in India and publishes an average of 30 news stories per day. It's most recent story was published 5 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25221078</li><li>URL: https://beamstart.com/news/wipro-reports-244-increase-in-17371261005536</li></ul>

Times of India 8h ago

Wipro reports 24.4% increase in Q3 profit, announces Rs 6 dividend and new capital allocation policy - Times of India

Quick Summary:

Wipro's consolidated net profit for the December quarter rose by 24.4% to Rs 3,354 crore, with operational revenue reaching Rs 22,319 crore.

The IT firm announced an interim dividend of Rs 6 per share and raised its capital allocation policy payout ratio to 70%.

NEW DELHI: Wipro's consolidated net profit for the December quarter stood at Rs 3,354 crore, up by 24.4 per cent from the corresponding quarter of the previous year.