Wipro Q3 FY26 Net Profit Dips 7% to Rs 3,119 Cr; Interim Dividend of Rs 6 Declared

• Wipro reported a consolidated net profit of Rs 3,119 crore for Q3 FY26, a 7% year-on-year and 4% quarter-on-quarter decline.
• The profit decline was influenced by cost pressures, including a Rs 302.8 crore exceptional charge due to new labour code adjustments.
• IT services revenue reached Rs 23,378 crore, with constant currency growth of 1.4% QoQ but a 1.2% YoY decline.
• The company declared an interim dividend of Rs 6 per share, contributing to a total payout of approximately $1.3 billion for the year.
• Wipro's headcount increased by 6,529 employees, reaching 2,42,021, while attrition moderated to 14.2%.

Why It Matters: Wipro's Q3 FY26 profit fell due to labour code adjustments, but it declared a dividend and saw headcount growth.