Wipro's earnings surge 9.8% to INR 3,336.5 crore during the first quarter, outshining revenue forecasts
### Wipro Q1 2025-26 Results: Mixed Bag of Profit Growth and Sequential Decline
In a recent financial update, IT giant Wipro announced its Q1 results for the 2025-26 fiscal year. The company reported a consolidated net profit of ₹3,336.5 crore, marking a 9.8% increase year-on-year (YoY) from ₹3,036.6 crore in Q1 FY25. However, this figure saw a 6.7% sequential decline from ₹3,570 crore in Q4 FY25.
The company's revenue from operations stood at ₹22,134.6 crore, showing a marginal 0.8% YoY increase but a sequential decline of 1.6%. Total expenses for the quarter were ₹18,947.8 crore, slightly higher than the previous year's ₹18,667.4 crore but marginally lower than Q4 FY25's ₹18,978.6 crore.
Wipro also declared an interim dividend of ₹5 per share with a record date of July 28 and payment expected on or before August 15, 2025.
Srini Pallia, Wipro's MD and CEO, highlighted the company's strategic focus on AI as central to clients' strategies. He emphasized that Wipro is delivering real impact at scale in this area. Pallia also stated that clients prioritized efficiency and cost optimization, which Wipro has addressed closely.
In terms of business outlook, Wipro secured 16 large deals, including two mega deals, during the quarter, reflecting a strong focus on client needs amid macroeconomic uncertainty. The company remains optimistic about its position for the second half of the year, supported by a strong pipeline and emphasis on digital transformation.
On the day of the results announcement, Wipro shares on the NSE closed 1.5% lower at ₹258.75 apiece. The slight decline in share price could be attributed to sequential declines in profit and revenue, despite beating Bloomberg’s net profit estimate.
Looking ahead, Wipro expects its IT services business segment to grow between -1.0% to 1.0% sequentially in constant currency terms for the next quarter. Shares of Wipro settled 0.93% lower at ₹260.25 apiece on the BSE on Thursday.
Other companies set to announce their Q1 results today include Jio Financial, LTIMindtree, Tata Communications, and Newgen. Hollywood films are also having a sizzling summer run at the Indian box office.
This article was published on July 17, 2025.
- Despite Wipro's Q1 results showing a 9.8% YoY profit growth and securing 16 large deals, the company's shares on the NSE closed 1.5% lower, possibly due to sequential declines in profit and revenue.
- Wipro's MD and CEO, Srini Pallia, stressed the company's strategic focus on AI and delivering real impact at scale, while clients' priorities on efficiency and cost optimization have been addressed.
- Wipro's subscription-based IT services business segment is anticipated to grow between -1.0% to 1.0% sequentially in constant currency terms for the next quarter.
- In the realm of finance and technology, Wipro's business outlook for the second half of the year remains optimistic, supported by a strong pipeline and emphasis on digital transformation.
- As Wipro continues to shape the future of business through technology, competitor companies like Jio Financial, LTIMindtree, Tata Communications, and Newgen are also set to announce their Q1 results.
