Wipro Q3 results 2024 will be announced on January 12, 2024. It is running on Rs. 469.55 per share in the market. The company was profitable for the year. They made a profit of Rs. 3052.9 crores in Q3 2023. Wipro deals in a variety of consumer products. The current quarter expects good returns for the quarter. The previous year had a total gross revenue of Rs. 232.3 billion. We will share details about Wipro limited Q3 results 2024 updates below.
Wipro Q3 Results 2024 Date, Earnings, Net Profit, Sales Report And YoY Growth
Wipro limited Q3 FY 2024 results will be released soon on January 12, 2024. Everyone is curious to know more about the Wipro Q3 results 2024. The company had a revenue of Rs. 232.3 Billion in the previous year. Apart from that, they had a QoQ increase of 3.1% compared to a YoY increase of 14.4%. The net profits also had an impressive growth of 14.8%. It went up to Rs. 3052.9 Crores last year in Q3 2023. Thus, if we conclude, Wipro had an overall increase in its net income of 14.8% and revenue of 14.4%. The operating margin was raised to 16.3%.
The net profits for Q2 2024 were a little less. The company made a profit of Rs. 2646 Crores, with PBT (Profit Before Tax) of Rs. 3509.2 crores. The company has good orders for their products and dealings for investment. The YoY revenue also had a fall. The firm is profitable but has a 0.48% fall. Let us have a look at Wirpo’s share market performance.
Wipro has a current share price of Rs. 469.55 per share. They had a yearly growth of 18.26%. Apart from that, the company had a monthly growth of 15.24%. Wipro had a market cap of Rs. 2.45 Lakhs Crores. Its 52-week high is Rs. 483.50 with an all-time low of Rs. 352. The increase in the company’s profit is a good indication for all the investors. The current quarter is expected to be profitable. Wipro started in 1945.
The company deals in a lot of consumer’s daily use of FMCG products. It is a trusted brand. The company can have an increase in both revenue and profits. There are a lot of factors affecting the growth of the company. Wipro has a good assets and liabilities ratio. The share price for the company is expected to increase to Rs. 480 in a month. We hope you get enough details about Wipro Q3 2024 upcoming quarter results.