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Wipro profit up 11% to ₹3,330 cr; CEO says second half looks more positive
The New Indian Express Shivamogga
|July 18, 2025
IT services company Wipro on Thursday beat Street estimates and reported a 10.8% rise in its consolidated net profit for the quarter ended June 2025 at ₹3,330 crore compared to ₹3,003 crore in the year-ago period.
IT services company Wipro on Thursday beat Street estimates and reported a 10.8% rise in its consolidated net profit for the quarter ended June 2025 at ₹3,330 crore compared to ₹3,003 crore in the year-ago period. This is after absorbing a one-time restructuring charge of ₹247 crore.
Its revenue from operations in Q1 stood at ₹22,134.6 crore, up 0.8% compared to ₹21,963.8 crore in the same quarter last year. The company expects revenue from its IT Services business segment to be in the range of $2,560 million to $2,612 million. This translates to sequential guidance of (-1.0)% to 1.0% in constant currency terms.
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