Wipro Q1 FY27 Results: Revenue Rises 10.6% YoY, Net Profit Increases 0.6%

Wipro announced its financial results for the quarter ended June 30, 2026 (Q1 FY27). The IT services company reported higher revenue and a marginal increase in net profit on a year-on-year (YoY) basis. It also secured strong large deal bookings during the quarter and announced an interim dividend.

Wipro Revenue Grows 10.6% YoY

Wipro's gross revenue for Q1 FY27 stood at ₹244.8 billion (₹24,480 crore), registering:

• 1.0% growth compared to the previous quarter (QoQ)
• 10.6% growth compared to the same quarter last year (YoY) 

The company's IT Services revenue was $2.61 billion, rising 1.0% YoY, although it declined 1.4% sequentially. In constant currency terms, IT Services revenue increased 0.9% YoY and declined 1.2% QoQ.

Net Profit Edges Higher

Wipro reported a net profit of ₹33.6 billion (₹3,360 crore) during the quarter.

• Up 0.6% YoY
• Down 4.7% QoQ 

Earnings per share (EPS) stood at ₹3.20, increasing 0.6% YoY but declining 4.2% from the previous quarter.

Large Deal Bookings Improve

The company reported:

• Total bookings: $3.37 billion, down 2.4% QoQ in constant currency.
• Large deal bookings: $1.63 billion, up 12.9% QoQ in constant currency. 

Wipro secured 13 large deals during the June quarter, reflecting continued demand for its digital transformation and AI-led services.

Interim Dividend Announced

The Board of Directors declared an interim dividend of ₹2 per equity share for shareholders.

According to the company, including this dividend and payouts made over the last year, Wipro will have returned more than $3 billion in cash to shareholders while continuing to invest in future growth initiatives.

Q2 FY27 Outlook

For the quarter ending September 30, 2026, Wipro expects its IT Services revenue to be in the range of $2.574 billion to $2.627 billion.

This implies a constant currency sequential growth guidance of -1.5% to +0.5%.

Read More: Paytm Share Price in Focus; Board to Consider Bonus Share Issue on July 20, 2026!

Management Commentary

Srini Pallia, CEO and Managing Director, said, “Clients are moving beyond technology modernization to AI-enabled operating models that improve quality, resilience, and productivity. Wipro’s consulting-led, AI-powered approach helps clients embed AI at the core of their business, and these engagements reflect both the breadth of our capabilities and the trust clients place in us as a transformation partner.”

Wipro Share Price Movement

On July 16, 2026, Wipro share price (NSE: WIPRO) closed at ₹177.70 on the NSE, gaining 1.75% (₹3.05) during the trading session. The stock opened at ₹175.60, touched an intraday high of ₹177.99, and slipped to a low of ₹175.41. Wipro's market capitalisation stood at ₹1.86 lakh crore, while the stock traded at a price-to-earnings (P/E) ratio of 14.14. Over the past 52 weeks, the stock has touched a high of ₹273.10.

Conclusion

Wipro delivered a stable Q1 FY27 performance, with double-digit revenue growth and a modest increase in net profit compared to the previous year. 

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