Wipro Q3 Results 2024 Date & Time: Tech Major Set To Declare Dividend; Check Wipro Q3FY24 Results Preview

wipro q3 results 2024 date & time: tech major set to declare dividend; check wipro q3fy24 results preview

Wipro Q3 Results 2024 Date & Time, Wipro Q3FY24 Results Preview, Wipro Dividend: Wipro share price settled in red in Thursday’s trading session ahead of the quarterly results announcement on Friday quoting at Rs 448.55 a share on the National Stock Exchange (NSE), down by 1.11 per cent. The Bengaluru-based multinational technology major that provides information technology, consultant and business process services will declare its earnings for the October-December 2023. The company has already informed the exchanges on the declaration of the interim dividend to its shareholders.

Wipro Q3 Results 2024 Date & Time

One of the leading Big Tech companies will declare its Q3 results for FY24 on Friday, 12th January 2024 after the market hours i.e. after 3:30 pm. The company in a regulator filing, said “the next meeting of the Board of Directors will be held over January 11-12, 2024 to consider and approve, inter alia: a) the condensed audited standalone and consolidated financial results of the Company under lndAS for the quarter ending December 31, 2023. b) the condensed audited consolidated financial results of the Company under IFRS for the quarter ending December 31, 2023.”

“The financial results will be approved by the Board of Directors on the evening of January 12, 2024,” it added.

Wipro Q3FY24 Results Preview

Domestic brokerage Axis Securities expect Wipro to report revenue de-growth of 0.6% QoQ in rupee terms and its operating margins are likely to expand on account of lower onsite expenses (lower by 87bps QoQ). The research report highlighted key monitorables including:

a) Deal TCV/pipeline

b) Pricing scenario

c) Outlook on new deals

Wipro Dividend

Wipro is all set to reward its shareholders with an interim dividend announcement after the scheduled board meeting on January 12.

“Meeting of the Board of Directors will be held over January 11-12, 2024 to consider and approve declaration of interim dividend, if any, for the financial year 2023-24,” the company said in a statement.