Wipro Limited (WIPRO) — Financial Results

1 Financial Results 🔴 High Importance Neutral 📄 PDF

📢 Key Event
Deloitte issues unqualified auditor's report on Wipro's Q1 FY26 financial results

💡 Investor Takeaway
The unqualified audit opinion validates financial accuracy and regulatory compliance for shareholders.

Wipro Limited announced that Deloitte Haskins & Sells LLP issued an unqualified independent auditor's report on its standalone and consolidated financial results for the quarter ended June 30, 2026. The report confirms compliance with SEBI LODR and Ind AS 34 requirements, validates the true and fair view of financial statements, and includes standard management responsibilities and going concern assessment procedures. The auditor's opinion covers both standalone and consolidated financial results across NYSE, NSE, and BSE listings.

2 Financial Results 🔴 High Importance Neutral 📄 PDF

Revenue: ₹244.8 CrNet Profit: ₹33.6

📢 Key Event
Wipro reports Q3 2026 revenue of ₹2,585.9 million, up 10.6% YoY, with $1.6 Bn large deal bookings and 16.0% IT Services margin.

🔄 What Changed
Revenue grew 10.6% YoY to ₹2,585.9 million; large deal bookings rose 12.9% QoQ to $1.6 Bn; IT Services margin declined 1.3% QoQ to 16.0%; net income up 0.6% YoY to ₹33,563 million.

🔮 What's Next
Q3 2026 revenue guidance: $2,574 million to $2,627 million (constant currency change: -1.5% to +0.5%).

💡 Investor Takeaway
Revenue growth and strong large deal wins support confidence, but margin pressure and soft IT services demand warrant caution on near-term profitability.

Wipro reported revenue of ₹2,585.9 million for Q3 2026, up 10.6% YoY and 1.0% QoQ, with net income at ₹33,563 million (+0.6% YoY). Large deal bookings reached $1.6 Bn, up 12.9% QoQ, while IT Services margin declined 1.3% QoQ to 16.0%. The company raised Q3 revenue guidance to $2,574–$2,627 million, reflecting a (-1.5% to +0.5%) constant currency change. Interim dividend of ₹2 per share was declared. Recognition as a leader in multiple ISG and Avasant reports underscores market strength amid soft IT services growth.