By Haripriya Suresh and Sai Ishwarbharath B BENGALURU/MUMBAI (Reuters) -India's No. 4 IT services provider Wipro beat third-quarter estimates for revenue and profit on Friday, and its CEO hoped for a better year after facing macroeconomic challenges in 2024.

Wipro, India's fourth-largest IT services company, reported higher-than-expected third-quarter revenue on Friday, helped by positive momentum in its banking, financial services, and insurance (BFSI) vertical and in the Americas geography.

Results: The board has announced an interim dividend of ₹6 per share, with January 28 set as the record date. Payment will be made on or before February 15. On a sequential basis, profit after tax (PAT) was up nearly 5% and the revenue increased just 0.

Several major companies, including Wipro, Tech Mahindra, and ICICI Lombard, are set to announce their Q3 FY25 earnings today. Wipro's Q3 PAT is expected to rise 12% YoY, though its constant currency revenue may dip 1% QoQ.

Indian software services provider Tech Mahindra reported lower-than-expected third-quarter revenue on Friday on weak demand in its mainstay telecom segment.

Results: Information Technology (IT) services major, Wipro Ltd on Friday reported an 24.5% year-on-year rise in its consolidated net profit (attributable to shareholders of the company) for the fiscal's third quarter ended December (Q3FY25) to ₹3,