Wipro Ltd

On a quarter on quarter (QoQ) basis, the IT firm's net profit declined 6.7%, while revenue rose 1.64% in Q1 FY26. Profit before tax was at Rs 4,258.3 crore during the quarter, down 10.29% quarter on quarter (QoQ) but up 5.89% (YoY). In dollar terms, Wipro's gross revenue for Q1 FY26 stood at $2,581.6 million, registering a 1.6% decrease QoQ and a 0.8% rise YoY. The revenue from its IT services segment was $2,587.4 million, marking a decline of 2.0% QoQ and 2.3% YoY. In Q1 FY26, Wipro's IT services segment reported an operating margin of 17.3%, contraction of 0.2% QoQ and expansion of 0.8% YoY. The Non-GAAP constant currency revenue for the IT services segment decreased by 2.0% QoQ and 2.3% YoY. During the quarter, the IT Company's total booking was at $4,971 million, up by 24.1% QoQ and 50.7% YoY in constant currency. Large deal booking was at $2,666 million, an increase of 49.7% QoQ and 130.8% YoY in constant currency. The company said that its closing employee count in IT Services stood at 233,232. Voluntary attrition was at 15.1% on a trailing 12-month basis. For the quarter ending 30 September 2025, Wipro expects revenue from its IT Services business segment to be in the range of $2,560 million to $2,612 million. This translates to sequential guidance of -1.0% to -1.0% in constant currency terms. Srini Pallia, CEO and managing director, said 'In a quarter shaped by macroeconomic uncertainty, clients prioritised efficiency and cost optimization. We partnered closely with them to address these needs, resulting in 16 large deals, including two mega deals. Building on the momentum from last quarter and supported by a strong pipeline, we are well positioned for the second half. AI is no longer experimental - it's central to our clients' strategies, and we are delivering real impact at scale.' Aparna Iyer, chief financial officer (CFO), said 'We expanded our operating margins by 80 basis points on YoY basis. Our cash flow conversion remained strong with operating cash flows being at 123% of our net income. The board also declared an interim dividend of Rs 5 per share. With this, the total cash returned to shareholders over the last 6 months is more than $1.3 Bn.' Meanwhile, the company has announced an interim dividend of Rs 5 per equity share, for its members as of the record date, 28 July 2025. The payment will be made on or before 15 August 2025. Wipro is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. Powered by Capital Market - Live

Securities in F&O Ban: Angel One, Hindustan Copper and RBL Bank shares are banned from F&O trading on 18 July 2025. Upcoming Results: Hindustan Zinc, JSW Steel, Reliance Industries, IndiaMART InterMESH, Indian Overseas Bank, L&T Finance, Mastek, Bandhan Bank, Mangalore Refinery and Petrochemicals, Aarti Drugs, Atul, Hatsun Agro Product will announce their results later today. Stocks to Watch: Wipro's consolidated net profit declined 6.7% to Rs 3,330.4 crore in Q1 FY26 as against Rs 3,569.6 crore posted in Q4 FY25. However, revenue from operations increased 1.64% to Rs 22,134.6 crore in Q1 FY26 as against Rs 22,504.2 crore reported in Q4 FY25. Axis Bank reported a 3.79% drop in standalone net profit to Rs 5,806.14 crore on 6.91% increase in total income to Rs 38,321.57 crore in Q1 FY26 over Q1 FY25. LTIMindtree's consolidated net profit jumped 11.13% to Rs 1254.10 crore on 0.71% increase in net sales to Rs 9840.60 crore in Q1 FY26 over Q4 FY25. Indian Hotels reported a 19.3% jump in consolidated net profit to Rs 296.37 crore on 31.7% increase in net sales to Rs 2,041.08 crore in Q1 FY26 over Q1 FY25. Jio Financial Services' consolidated net profit increased 3.8% to Rs 324.66 crore on 41.6% jump in total income to Rs 679.48 crore in Q1 FY26 over Q1 FY25. CEAT reported a 27.1% decline in consolidated net profit to Rs 112.45 crore in Q1 FY26 compared with Rs 154.16 crore in Q1 FY25. Net sales jumped 10.5% YoY to Rs 3,529.41 crore in Q1 FY26. Sterling & Wilson Renewable Energy's consolidated net profit surged 663% to Rs 31.97 crore on 92.5% jump in net sales to Rs 1,761.63 crore in Q1 FY26 over Q1 FY25. Tata Communications' consolidated net profit declined 42.9% to Rs 189.98 crore despite 6.6% increase in net sales to Rs 5,959.85 crore in Q1 FY26 over Q1 FY25. Shoppers Stop's consolidated net loss narrowed to Rs 15.74 crore in Q1 FY26 compared with net loss of Rs 22.72 crore in Q1 FY25. Net sales jumped 8.6% YoY to Rs 1161.08 crore in Q1 FY26. 360 One WAM's consolidated net profit jumped 16.8% to Rs 284.67 crore on 4.8% increase in net sales to Rs 980.04 crore in Q1 FY26 over Q1 FY25. Powered by Capital Market - Live

However, revenue from operations increased 1.64% to Rs 22,134.6 crore in Q1 FY26 as against Rs 22,504.2 crore reported in Q4 FY25. On a year-on-year (YoY) basis, the IT firm's net profit grew 10.9%, while revenue rose 0.78% in Q1 FY26. Profit before tax was at Rs 4,258.3 crore during the quarter, down 10.29% quarter on quarter (QoQ) but up 5.89% year on year (YoY). In dollar terms, Wipro's gross revenue for Q1 FY26 stood at $2,581.6 million, registering a 1.6% decrease QoQ and a 0.8% rise YoY. The revenue from its IT services segment was $2,587.4 million, marking a decline of 2.0% QoQ and 2.3% YoY. In Q1 FY26, Wipro's IT services segment reported an operating margin of 17.3%, contraction of 0.2% QoQ, and expansion of 0.8% YoY. The Non-GAAP constant currency revenue for the IT services segment decreased by 2.0% QoQ and 2.3% YoY. During the quarter, the IT company's total booking was at $4,971 million, up by 24.1% QoQ and 50.7% YoY in constant currency. Large deal booking was at $2,666 million, an increase of 49.7% QoQ and 130.8% YoY in constant currency. The company said that its closing employee count in IT Services stood at 233,232. Voluntary attrition was at 15.1% on a trailing 12-month basis. For the quarter ending 30 September 2025, Wipro expects revenue from its IT Services business segment to be in the range of $2,560 million to $2,612 million. This translates to sequential guidance of -1.0% to 1.0% in constant currency terms. Srini Pallia, CEO and managing director, said, 'In a quarter shaped by macroeconomic uncertainty, clients prioritised efficiency and cost optimization. We partnered closely with them to address these needs, resulting in 16 large deals, including two mega deals. Building on the momentum from last quarter and supported by a strong pipeline, we are well positioned for the second half. AI is no longer experimental'it's central to our clients' strategies, and we are delivering real impact at scale.' Aparna Iyer, chief financial officer (CFO), said, 'We expanded our operating margins by 80 basis points on a YoY basis. Our cash flow conversion remained strong, with operating cash flows being at 123% of our net income. The board also declared an interim dividend of Rs 5 per share. With this, the total cash returned to shareholders over the last 6 months is more than $1.3 Bn.' Meanwhile, the company has announced an interim dividend of Rs 5 per equity share for its members as of the record date, 28 July 2025. The payment will be made on or before 15 August 2025. Wipro is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. The scrip fell 0.93% to settle at Rs 260.25 on the BSE. Powered by Capital Market - Live

Net profit of Wipro rose 10.90% to Rs 3330.40 crore in the quarter ended June 2025 as against Rs 3003.20 crore during the previous quarter ended June 2024. Sales rose 0.78% to Rs 22134.60 crore in the quarter ended June 2025 as against Rs 21963.80 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales22134.6021963.80 1 OPM %19.1219.80 - PBDT4943.804750.50 4 PBT4258.304021.60 6 NP3330.403003.20 11 Powered by Capital Market - Live

Wipro announced that the Board of Directors of the Company at its meeting held on 17 July 2025, inter alia, have recommended the interim dividend of Rs 5 per equity Share (i.e. 250%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Wipro has fixed 28 July 2025 as record date for payment of interim dividend of Rs 5 per equity share of par value of Rs 2 each. The dividend will be paid on or before 15 August 2025. Powered by Capital Market - Live

Wipro has allotted 34,312 equity shares under ADS Restricted Stock Unit Plan 2004 and 1,35,843 equity shares under the Restricted Stock Unit Plan 2007 on 09 July 2025, pursuant to exercise of ESOPs. Powered by Capital Market - Live

Wipro will hold a meeting of the Board of Directors of the Company on 17 July 2025.Powered by Capital Market - Live

Wipro has allotted 1,37,164 equity shares under ADS Restricted Stock Unit Plan 2004 and 55,133 equity shares under the Restricted Stock Unit Plan 2007 on 02 July 2025, pursuant to exercise of ESOPs.Powered by Capital Market - Live

Wipro has granted 51,324 ADS Restricted Stock Units under Company's Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024, to identified employees of its subsidiary company. This grant is effective from 24 June 2025. Powered by Capital Market - Live