Wipro Q3 result: Gross revenue up 14.4% YoY; attrition rate moderates

The revenue expectations from IT Services business for the full year is set to be in the range of 11.5 per cent to 12.0 per cent, in constant currency terms

IT major Wipro registered a growth of 14.4 per cent in gross revenue in the third quarter of the current financial year (Q3FY23) compared to the same period last year (Q3FY22), the company said in a BSE filing. Its revenue from IT services was up 10.4 per cent in the same period. It has declared an interim dividend of Rs 1 per equity share.

The company's net income was up 2.8 per cent year-on-year (YoY) to Rs 3,050 crore in the quarter. The operating margins stood at 16.3 per cent.

The revenue expectations from the IT Services business for the