Wipro profit rises 26%; outlook weak

AMID uncertainty and macroeconomic headwinds, IT services firm Wipro expects clients to take a more measured approach, especially on large transformation programmes and discretionary spending.

- UMA KANNAN @ Bengaluru

Due to this, the company has guided revenue to be in the range of -3.5% to -1.5% in constant currency terms for the June quarter (Q1FY26).

Surpassing Street estimates, it reported a 25.9% YoY increase in consolidated net profit at ₹3,569.6 crore for the quarter ended March 2025 as against ₹2,835 crore in the same period last year.

Its income from operations stood at ₹22,504 crore, a 1.33% rise as against ₹22,208 crore in the same quarter last year.

For the full year FY25, its consolidated total profit stood at ₹92,972.4 crore as against ₹92,391.1 crore.

In a post-earnings conference, Srini Pallia, CEO and MD, said the global industry environment remained uncertain for most of the year, and the recent tariff announcements have only added to that.