Wipro returns over ₹17,000 crore to shareholders through buyback, dividend, 2.6 times its H1 profit

What happened: Wipro returned ₹17,029 crore to shareholders in H1 FY27 through a buyback and dividend, more than its H1 net profit. The buyback of 60 crore shares at ₹250 each was completed in June 2026. Key numbers: H1 FY27 net profit ₹6,556 crore. Buyback outflow ₹15,051 crore. Dividend ₹1,978 crore. Why it matters: The buyback shrank Wipro's investment portfolio, cutting net other income 68% sequentially, which CFO Aparna Iyer cited for lower quarterly net income. Deal bookings fell sharply, and the stock is on track for its steepest annual decline in three years.

Wipro returned ₹17,029 crore to shareholders in H1 FY27 through a buyback and dividend, more than its H1 net profit. The buyback of 60 crore shares at ₹250 each was completed in June 2026.

The buyback shrank Wipro's investment portfolio, cutting net other income 68% sequentially, which CFO Aparna Iyer cited for lower quarterly net income. Deal bookings fell sharply, and the stock is on track for its steepest annual decline in three years.