Wipro has announced an interim dividend of Rs. 2 per equity share following the release of its June-quarter results. The company reported stable financial performance, supported by continued demand for artificial intelligence, cloud transformation and consulting services. However, management issued a cautious revenue outlook for the September quarter, reflecting slower client decision-making and macroeconomic uncertainty in key overseas markets.
Despite the near-term challenges, Wipro highlighted healthy large deal bookings and continued investments in AI-powered digital transformation services. Analysts believe the company’s long-term prospects remain supported by enterprise technology spending, although investors will closely watch execution and deal conversion in the coming quarters. The dividend announcement has also reinforced confidence among long-term shareholders.
