Wipro Q1FY26 results are out, and the IT giant has made a strong mark.
For the quarter ending June 30, 2025, Wipro reported a net profit of Rs 3,330 crore. That’s an 11% jump compared to the same quarter last year. More importantly, it beat analyst expectations. Bloomberg’s estimate was Rs 3,249 crore, but Wipro delivered more.
Revenue from operations stood at Rs 22,135 crore, slightly up from Rs 21,964 crore in Q1FY25. Again, this beat estimates of Rs 22,078 crore. In a weak global tech environment, this small win matters.
On the deal front, Wipro made noise. The company closed deals worth $4.97 billion in Q1FY26. This includes large deals of $2.67 billion, a big jump from last quarter’s $1.76 billion. It clearly shows that clients are still trusting Wipro with big projects.
Wipro’s CEO Srini Pallia said the company focused on helping clients with cost-cutting and efficiency. “We closed 16 large deals, including two mega ones,” he said. He also highlighted that AI is now core to client strategy—not just a buzzword. Wipro is delivering AI at scale, not just experimenting with it.
The company announced an interim dividend of Rs 5 per share. The record date for this dividend is July 28.’
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Wipro’s CFO Aparna Iyer shared that operating cash flow was 123% of net income, showing strong cash performance. Operating margins rose 80 basis points year-on-year.
However, in constant currency terms, revenue actually fell by 2.3% year-on-year. Also, EBIT margins slipped 20 basis points to 17.3%. These are minor dents in an otherwise strong quarter.
Still, Wipro’s guidance for Q2FY26 remains cautious. The company expects revenue growth between -1% and +1%. This matches the mood in the IT sector, where most firms are being careful with projections.
For context, TCS saw a 6% rise in profit, while HCLTech’s profit fell 10%. Clearly, Wipro stood tall this quarter.
Despite good results, Wipro’s stock closed 1.5% down at Rs 258.75 on the NSE. This might be due to the conservative outlook and market mood.
Wipro Q1FY26 results show the company is not just surviving but building momentum. With strong deal wins, better margins, and solid cash flows, Wipro is pushing back against global IT slowdown fears.
The focus on AI and efficiency gives Wipro a smart edge. If it keeps this up, the second half of FY26 could be even stronger.
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