Wipro Limited Q3FY26 results highlight steady sequential growth, margin expansion, and strong cash flow performance, even as macro uncertainty continues to influence global IT spending.
Wipro Limited reported its financial results for the quarter ended December 31, 2025, under IFRS, showcasing resilient execution across its IT services business.
Wipro Limited Q3FY26 Financial Performance Overview
For Wipro Limited Q3FY26, gross revenue stood at ₹235.6 billion, marking a 3.8% quarter-on-quarter increase and a 5.5% year-on-year rise.
The IT services segment generated $2,635.4 million in revenue, up 1.2% QoQ and 0.2% YoY. In constant currency terms, IT services revenue increased 1.4% sequentially.
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Operating margin for the IT services segment in Wipro Limited Q3FY26 improved to 17.6%, expanding by 0.9% sequentially and 0.1% year-on-year, reflecting disciplined cost management and execution rigor.
Net income for the quarter was reported at ₹31.2 billion, with earnings per share at ₹2.98. Adjusted for the impact of labour code changes, net income rose to ₹33.6 billion, while adjusted EPS stood at ₹3.21.
Operating cash flows during the quarter were ₹42.6 billion, representing 135.4% of net income, underscoring strong cash conversion.
Wipro Limited Q3FY26 Deal Wins and Bookings
Total deal bookings for Wipro Limited Q3FY26 were recorded at $3.3 billion, with large deal bookings contributing $0.9 billion.
The company secured and expanded several multi-year, strategic engagements across sectors including technology, healthcare, insurance, banking and financial services, telecommunications, aviation, manufacturing, and consumer goods.
These deals span AI-led transformations, hybrid cloud modernization, digital workplace services, finance and accounting automation, enterprise application modernization, and customer experience transformation, leveraging Wipro Intelligence, WEGA, WINGS, and proprietary AI platforms such as PayerAI.
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Srini Pallia, CEO and Managing Director, stated that Wipro Limited Q3FY26 delivered broad-based growth aligned with expectations, with Wipro Intelligence emerging as a key differentiator through increased adoption of AI-enabled platforms and scaled AI-led delivery.
Aparna Iyer, Chief Financial Officer, highlighted that operating margins in Wipro Limited Q3FY26 reached their best level in several years and emphasized strong operating cash flow performance. The Board also declared an interim dividend of ₹6 per share, taking the total payout for the year to $1.3 billion.
Wipro Limited: Quarter Ending March 31, 2026 Outlook
For the quarter ending March 31, 2026, Wipro expects IT services revenue to be in the range of $2,635 million to $2,688 million, translating to sequential growth guidance of 0% to 2.0% in constant currency terms.
