Wipro, country’s third largest software services firm, announced its third quarter results on Monday before market hours. The company posted 1.88 per cent year-on-year growth in its net profit figures. At 9.47 am, shares of Wipro were trading 0.63 per cent down at Rs 540.

Below are top key takeaways from Wipro Q3 results

Net Profit: Consolidated net profit of Wipro grew 1.88 per cent on year-on-year (yoy) basis to Rs 2,234 crore. However, it fell 0.06 per cent on quarter-on-quarter (qoq) basis.

Revenue: Total Income from operations (net) of Wipro increased 7.17 per cent yoy to Rs 12,951.60 crore for the quarter ended December 2015 against Rs 12,085.10 crore in the corresponding quarter a year ago. The figure was at Rs 12,566.80 crore in the sequential quarter ended September 2015.

Dividend: The IT major also informed BSE that the Board of Directors of the Company at its meeting held on January 18, 2016 have considered and approved an interim dividend of Rs 5 per equity share of par value Rs 2. The payment date for interim dividend will be made on or before February 2, 2016.

Guidance: For the fourth quarter, Wipro expects its revenues from the IT services business to be in the range of $1,875 million to $1,912 million.

From the desk of CEO: “We delivered revenues in line with our guidance. We saw a pick-up in large deal closures led by global infrastructure services,” Wipro member of the board and CEO TK Kurien said.

Headcount: The IT services segment headcount increased by 2,268 to 1,70,664 as of December 2015. It added 39 new customers during the quarter.

What CFO said: Jatin Dalal, chief financial officer, Wipro, in a release said, “During the quarter, we have built competitive differentiation through the acquisition of two high-potential companies – cellent and Viteos. The impact on revenues from the Chennai floods were minimised significantly by strong execution of our robust Business Continuity Plans (BCP).

Expectations: Analysts were expecting a profit of Rs 2,223 crore for the quarter ended December 2015, according to Thomson Reuters.