MediumNeutral
Announced Thu, 16 Jul · 16:47 IST
Wipro declares interim dividend worth Rs 2/share, fixes record date. Check details
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Wipro's board declared an interim dividend of Rs 2 per equity share (face value Rs 2), with a record date of July 27 and payment on or before August 14. The announcement follows the company's Rs 15,000 crore share buyback last month and comes alongside its Q1 FY27 results, where consolidated net profit rose 1% year-on-year to Rs 3,352 crore and revenue grew about 11% to Rs 24,478.6 crore, both slightly below analyst estimates. The company guided IT Services revenue at $2,574-$2,627 million for Q2, implying sequential growth of negative 1.5% to positive 0.5% in constant currency.