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Wipro Declares Rs 11 Final Dividend, Approves Rs 15,000 Crore Buyback

16 Apr

Summary

Wipro's final dividend for FY26 is Rs 11 per share.
The IT major announced a Rs 15,000 crore share buyback program.
Net profit increased by 12.3% quarter-on-quarter to Rs 3,502 crore.

Wipro Declares Rs 11 Final Dividend, Approves Rs 15,000 Crore Buyback

Wipro Limited's board has finalized the dividend for the financial year 2025-26 at Rs 11 per share. This final dividend comprises interim dividends previously declared in July 2025 and January 2026. The company's financial performance for the quarter ended March 2026 showed a robust increase in profitability and revenue.

During the fourth quarter, Wipro reported a net profit of Rs 3,502 crore, marking a 12.3% increase compared to the previous quarter. Revenue also saw a sequential growth of 2.9%, reaching Rs 24,236 crore. Alongside these results, the board greenlit a substantial share buyback program valued at Rs 15,000 crore, with shares to be repurchased at Rs 250 each. This represents Wipro's first buyback in three years.

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