IT services major Wipro on Thursday announced an interim dividend of Rs 5 per equity share of Rs 2 each of the company. The company announced the record date for the payment of the aforesaid interim dividend as July 28, 2025.
In a regulatory filing, it said that the board of directors considered and approved “…payment of interim dividend of Rs 5 per equity share of par value Rs 2 each to the members of the company as on July 28, 2025, being the record date. The payment of interim dividend will be made on or before August 15, 2025.”
Aparna Iyer, Chief Financial Officer, said, “We expanded our operating margins by 80 basis points on YoY basis. Our cash flow conversion remained strong with operating cash flows being at 123 per cent of our net income. The board also declared an interim dividend of Rs 5 per share. With this, the total cash returned to shareholders over the last 6 months is more than $1.3 billion.”
Wipro Q1: Dividend history
Earlier in April, while releasing its Q4FY25 results, Wipro had said that the Rs 6 per share interim dividend declared by its board on January 17, 2025 will be considered as final dividend for the financial year 2024-25. While it was a decent bump from earlier years where the payout often hovered around Rs 1 per share, it was still modest compared to peers.
Wipro Q1: Profit surges 53.70% YoY
Today, Wipro also released its fiscal first quarter earnings report with profit at Rs 3,696.10 crore, posting a growth of 53.70 per cent in comparison to Rs 2404.70 crore recorded during the corresponding quarter of FY25. It posted revenue from operations at Rs 17,195.40, posting a growth of 2.38 per cent on-year.
Srini Pallia, CEO and Managing Director, Wipro, said, “In a quarter shaped by macroeconomic uncertainty, clients prioritised efficiency and cost optimization. We partnered closely with them to address these needs, resulting in 16 large deals, including two mega deals. Building on the momentum from last quarter and supported by a strong pipeline, we are well positioned for the second half. AI is no longer experimental – it’s central to our clients’ strategies, and we are delivering real impact at scale.”