Bengaluru: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global technology services and consulting firm, announced its financial results for the quarter ended June 30, 2025 (Q1 FY26), showcasing robust deal momentum and continued focus on AI-led digital transformation.
Key Financial Highlights – Wipro Q1 FY26:
- Large deal bookings at $2.7 billion, up 131% YoY
- Total bookings reached $5.0 billion, up 50.7% YoY
- Net income grew 10.9% YoY to ₹33.3 billion
- Operating margin expanded 80 bps YoY to 17.3%
- EPS rose 10.8% YoY to ₹3.2
- Operating cash flow at ₹41.1 billion — 123.2% of net income
- Interim dividend declared: ₹5 per share
Wipro’s Q1 performance reflects its ability to win large, transformative deals across verticals such as technology, healthcare, consumer goods, and financial services, despite a 2.3% YoY dip in revenue in constant currency terms.
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Srini Pallia, CEO & MD of Wipro, stated: “Our clients are focused on efficiency and innovation, and we are delivering value at scale through AI and engineering. The 16 large deals signed this quarter, including two mega-deals, demonstrate the strength of our capabilities and strategic alignment with clients.”
Aparna Iyer, CFO of Wipro, added: “We expanded operating margins and sustained strong cash conversion. With over $1.3 billion returned to shareholders in the last six months, our focus remains on operational discipline and long-term value creation.”
Strategic Deal Wins:
- An exclusive engineering transformation deal with a leading global tech company
- OS development and AI-powered testing for a US-based tech major
- AI-led modernization for a specialty fashion retailer and a global payment company
- End-to-end IT transformation for a leading global automotive firm
- ERP and cybersecurity transformation for a global apparel company
- AI-powered quality systems overhaul for a Europe-based medical device company
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Analyst Recognition:
Wipro was recognized as a Leader across several analyst assessments including Gartner’s Magic Quadrant™, Everest Group PEAK Matrix, Avasant RadarView, ISG Provider Lens, and HFS Horizons — reaffirming its leadership across applied AI, cybersecurity, SAP ecosystems, and engineering services.
Looking ahead, Wipro has guided revenue for Q2 FY26 in the range of $2,560 million to $2,612 million, representing a sequential growth outlook of (-1.0%) to 1.0% in constant currency terms.
