Wipro announced its results for the quarter ended December 31, 2025. IT service segment revenue grew by 1.4% QoQ CC. Operating margin expanded to 17.6%. Overall deal bookings reached $3.3Bn, with large deal bookings at $0.9Bn. The company reported operating cash flows at 135.4% of net income and declared an interim dividend of ₹6 per share.
Financial Performance Highlights
For the quarter ended December 31, 2025, Wipro reported strong financial results, showcasing growth and improved profitability:
- Gross revenue reached ₹235.6 billion ($2,622.0 million), a 3.8% increase QoQ and 5.5% YoY.
- IT services segment revenue totaled $2,635.4 million, up 1.2% QoQ.
- Non-GAAP constant currency IT Services segment revenue increased 1.4% QoQ.
- Total bookings were $3,335 million with large deal bookings at $871 million.
- IT services operating margin stood at 17.6%, expanding 0.9% QoQ.
- Net income for the quarter was ₹31.2 billion ($347.2 million).
- Earnings per share for the quarter were ₹2.98 ($0.03).
- Operating cash flows amounted to ₹42.6 billion ($474.1 million), representing 135.4% of Net Income.
Segment Performance
Wipro’s IT Services segment showed growth across various sectors and geographies. Key highlights include:
- Americas 1: 33.2% of the strategic market units mix
- Americas 2: 29.0% of the strategic market units mix
- Europe: 26.7% of the strategic market units mix
- APMEA: 11.1% of the strategic market units mix
Strategic Deal Wins
Wipro secured several strategic deal wins, demonstrating its capabilities and expertise:
- A global technology leader renewed its partnership with Wipro to advance trust and safety operations.
- Wipro expanded its collaboration with a US-based health insurance organization to enhance member enrollment services.
- A North American household furnishings manufacturer selected Wipro to modernize its technology landscape.
- A UK-based facilities management company extended its agreement with Wipro to accelerate enterprise-wide transformation.
- One of the world’s largest food and beverage companies selected Wipro to transform its digital workplace.
- A major European insurance provider engaged Wipro to reimagine its infrastructure.
Outlook for Q4 2026
Wipro expects revenue from its IT Services business segment to be in the range of $2,635 million to $2,688 million for Q4 2026. This translates to a sequential guidance of 0% to 2.0% growth in constant currency terms.
Analyst Recognition
Wipro’s capabilities and market position have been recognized by various analysts and research firms, solidifying its position as a leader in multiple segments.
Source: BSE
