Wipro Limited (WIPRO) Financial Results — Revenue ₹2,610 Cr

Revenue: ₹2,610 CrNet Profit: ₹336000.00 L Cr

📢 Key Event
Wipro reports Q1 FY27 revenue of ₹33.6 crores, up 0.9% YoY, with $3.4B in order wins and $1.6B in large deals.

🔄 What Changed
Revenue declined 1.2% QoQ to ₹33.6 crores; operating margin held at 16% amid AI investments; order wins rose to $3.4B with $1.6B in large deals; Healthcare revenue fell 2.6% sequentially.

🔮 What's Next
Q2 sequential growth guidance: -1.5% to +0.5%; margin target: 17% to 17.5%; AI-driven deals to be margin-accretive; inorganic contribution from Mindsprint included.

💡 Investor Takeaway
Wipro is betting on AI to drive future growth and margin recovery, but near-term Healthcare weakness and cautious guidance suggest short-term headwinds despite strong large deal momentum.

Wipro reported Q1 FY27 revenue of [amount context mismatch] crores, up 0.9% YoY but down 1.2% QoQ, with operating margin at 16%. Order wins reached $3.4 billion, including $1.6 billion in large deals, driven by BFSI momentum in the Americas and EMR growth in Europe. Gross cash stood at $4.3 billion, and investment yield was 7.2%. The company targets 17%-17.5% margin in coming quarters, with AI initiatives like WINGS and Applied AI Center of Excellence accelerating. Healthcare revenue declined 2.6% sequentially (-3% YoY) due to US payer pressures, though pipeline remains strong in Tech and Comms. Headcount fell by 2,500, and Mindsprint contributed 45 days of revenue. Q2 growth guidance is cautious amid soft demand, with sequential growth expected between -1.5% and +0.5%.

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