Wipro reports a 24.48% jump in net profit, but faces mixed analyst ratings.

Wipro's Q3 FY25 net profit rose 24.48% to Rs 3,353.8 crore, with revenue from operations up 0.5% to Rs 22,319 crore. Despite the strong performance, analyst ratings are mixed: Nomura and Macquarie are bullish with target prices of Rs 340 and Rs 330, while Citi and Morgan Stanley maintain 'Sell' and 'Underweight' ratings, respectively. Wipro aims to return 70% of net income to shareholders and saw growth in its healthcare vertical.

2 months ago
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