Bengaluru, July 17, 2025 — IT services major Wipro Limited reported a consolidated net profit of ₹3,336.5 crore for the first quarter of FY26, marking a 9.87% year-on-year increase from ₹3,036.6 crore in Q1 FY25. The company also declared an interim dividend of ₹5 per equity share, reinforcing its commitment to shareholder returns.
- Revenue from operations stood at ₹22,134.6 crore, up 0.78% YoY from ₹21,963.8 crore.
- Earnings per share (EPS) rose to ₹3.20, reflecting a 10.8% YoY growth, despite a 6.7% decline quarter-on-quarter.
- Operating margin for the IT services segment was reported at 17.3%, expanding 0.8% YoY but contracting 0.2% QoQ.
- Operating cash flow reached ₹4,110 crore, accounting for 123.2% of net income, indicating strong cash conversion.
Despite the annual growth, Wipro’s net profit declined 7% compared to Q4 FY25, when it posted ₹3,588.1 crore. Revenue also saw a 1.6% drop QoQ, attributed to macroeconomic headwinds and client focus on cost optimization.
Wipro secured 16 large deals, including two mega contracts, with total bookings of $4.97 billion, up 50.7% YoY. Large deal bookings alone surged 130.8% YoY to $2.67 billion.
Looking ahead, Wipro expects Q2 FY26 IT services revenue to range between $2,560 million and $2,612 million, implying a sequential growth outlook of -1.0% to +1.0% in constant currency terms.
Srini Pallia, CEO and Managing Director, stated, “In a quarter shaped by macroeconomic uncertainty, clients prioritized efficiency and cost optimization. We partnered closely with them to address these needs, resulting in strong deal momentum. AI is now central to our clients’ strategies, and we are delivering real impact at scale.”
Aparna Iyer, CFO, added, “We expanded our operating margins and maintained robust cash flow conversion. The interim dividend reflects our continued focus on shareholder value.”
- Interim Dividend: ₹5 per equity share of ₹2 face value
- Record Date: July 28, 2025
- Payment Date: On or before August 15, 2025
Wipro’s Q1 performance underscores its resilience amid global uncertainties and its strategic pivot toward AI-led transformation. The company remains cautiously optimistic about the remainder of FY26.
