Wipro's First-Half Shareholder Payouts Exceed Net Profit by 2.6 Times

Wipro returned 17,029 crore rupees to shareholders through buybacks and dividends in the first half of FY27, which is 2.6 times its net profit.

The company reported a September-quarter net profit of 3,200 crore rupees, bringing its half-year net profit total to 6,556 crore rupees.

The IT major completed a buyback of 60 crore shares at 250 rupees apiece in June, resulting in a cash outflow of 15,051 crore rupees.