For the quarter ended December 31, 2025, Wipro delivered gross revenue of Rs 235.6 billion, representing growth of 3.8% sequentially and 5.5% year-on-year. Its IT services segment generated $2,635.4 million in revenue, up 1.2% quarter-on-quarter and 0.2% year-on-year, while non-GAAP constant currency IT services revenue rose 1.4% sequentially but declined 1.2% over the prior year. IT services operating margin expanded by 0.9 percentage points sequentially to 17.6%, marking its strongest quarterly margin performance in recent years. Net income was Rs 31.2 billion, down 3.9% sequentially and 7.0% versus the prior year, translating to earnings per share of Rs 2.98. Adjusting for labour code changes, net income improved to Rs 33.6 billion (EPS Rs 3.21), reflecting a 3.6% sequential increase. Operating cash flow reached Rs 42.6 billion, or 135.4% of net income, and voluntary attrition stood at 14.2% on a trailing 12-month basis. The Board declared an interim dividend of Rs 6 per share, bringing total annual payouts to approximately $1.3 billion.

In Q3, Wipro secured multiple large-scale engagements that underscore its AI-powered services platform. A global technology leader renewed a decade-long relationship to refine content moderation models, deploying thousands of specialists worldwide. A US-based national health insurer extended its partnership to scale member enrollment via Wipro’s PayerAI solution. A North American household furnishings manufacturer selected Wipro to modernize enterprise applications with AI accelerators and predictive analytics, while a UK facilities management group signed a multi-year agreement to deploy Wipro Intelligence™ for automation and intelligent monitoring. Additional wins included a European food and beverage company’s global workplace transformation, a major European insurer’s hybrid cloud migration, and multi-year digital transformation deals with top banking and airline clients in India and Southeast Asia, each leveraging Wipro’s unified suite of AI platforms and services to drive operational efficiency and customer experience enhancements.

Looking ahead to the quarter ending March 31, 2026, Wipro expects IT services revenue in the range of $2,635 million to $2,688 million, implying flat to 2.0% sequential growth in constant currency. Guidance factors in exchange rates of GBP/USD at 1.33, EUR/USD at 1.17, AUD/USD at 0.65, USD/INR at 88.85 and CAD/USD at 0.72. CEO Srini Pallia highlighted that AI-led delivery through platforms such as WINGS and WEGA continues to drive broad-based growth, while the company’s innovation network expands across global locations. CFO Aparna Iyer emphasized disciplined execution as the catalyst for margin expansion and robust cash flow conversion.