Wipro Limited (NYSE: WIT), a leading AI-powered technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter ended June 30, 2026.
Gross revenue for the quarter was at Rs 244.8 billion ($2,585.9 million), an increase of 1.0% QoQ and 10.6% YoY.
IT services segment revenue was at $2,614.5 million, decrease of -1.4% QoQ and increase of 1.0% YoY.
Non-GAAP constant currency IT Services segment revenue decreased 1.2% QoQ and increased 0.9% YoY.
Total bookings was at $3,370 million, down by 2.4% QoQ in constant currency. Large deal bookings was at $1,626 million, increase of 12.9% QoQ in constant currency.
IT services operating margin for Q1’27 was at 16.0%, decrease of 1.3% QoQ and 1.2% YoY.
Net income for the quarter was at Rs 33.6 billion ($354.6 million), decrease of 4.7% QoQ and increase of 0.6% YoY.
Earnings per share for the quarter at Rs 3.20 ($0.03), decrease of 4.2% QoQ and increase of 0.6% YoY.
Operating cash flows of Rs 32.9 billion ($348 million), increase of 3.6% QoQ and at 98.0% of net income for the quarter.
Voluntary attrition was at 13.9% on a trailing 12-month basis.
Declared interim dividend of Rs 2 ($0.02) per equity share/ADS.
WIT closed Wednesday at $1.86.
Related Stories
