🔥 Trending Wipro Q1 Results: Profit Flat, Dividend Declared

Wipro Limited announced its financial results for the first quarter ended June 30, 2026 (Q1 FY27), revealing a mixed performance with significant revenue growth but a flat net profit ²³⁵. The results were published on July 16, 2026 ².

Key Financial Highlights for Q1 FY27

Wipro's Q1 FY27 performance showed a strong increase in revenue, driven by robust deal wins, but challenges in managing expenditures impacted the net profit ³⁴.

Revenue Performance

• Total Revenue: Wipro reported a consolidated revenue from operations of ₹24,478.60 crore for Q1 FY27 ⁵.
• Year-on-Year Growth: This represents a 10.6% year-on-year (YoY) increase in revenue ⁴⁵. Another source indicates an 11% YoY revenue growth ⁵.
• Large Deal Wins: The company secured large deals totaling $1.6 billion during the quarter, contributing significantly to its revenue growth ⁴.

Profitability

• Net Profit: Wipro's consolidated net profit for the quarter stood at ₹3,356.3 crore ³⁴.
• Profit Trend: The net profit remained almost flat compared to the previous year, as rising total expenditures offset the double-digit revenue expansion ³⁵. One source noted that net profit was flat, while another stated it was down 4.3% ¹⁸.
• Margins: The company's margins were reported to be at multi-quarter lows ¹.

Other Key Metrics

• Cash Conversion: Wipro demonstrated strong operational efficiency with a 98% cash conversion rate ⁴.
• Earnings Per Share (EPS): Details on EPS were also reported, alongside EBIT (Earnings Before Interest and Taxes) ⁵.

Context and Outlook

The Q1 FY27 results come as the corporate earnings season gathers pace, with overall corporate earnings expected to grow around 10% in the June quarter, marking the strongest showing in four quarters ⁶. Wipro's performance reflects a general trend in the technology services industry.

For the second quarter (Q2 FY27), Wipro has provided a revenue growth outlook ranging from -1.5% to 0.5% ¹. This guidance indicates a cautious short-term outlook despite the strong Q1 revenue growth.