Wipro Share Price Rises 2%; Posted Q1 FY26 Results & ₹5 Dividend Announced

Wipro Limited has announced both its Q1 FY26 financial results and the declaration of an interim dividend of ₹5 per equity share with a face value of ₹2 each.

Wipro Q1 FY26 Results

For the quarter ended June 30, 2025, the company reported gross revenue of ₹221.3 billion ($2,581.6 million), reflecting a 1.6% sequential decline but a 0.8% year-on-year (YoY) growth. Net income stood at ₹33.3 billion ($388.4 million), down 6.7% quarter-on-quarter (QoQ) yet 10.9% higher YoY. The dividend will be paid to shareholders on record as of July 28, 2025, with disbursement on or before August 15, 2025.

Wipro’s IT Services segment revenue was reported at $2,587.4 million, a 0.3% QoQ and 1.5% YoY decline. On a non-GAAP constant currency basis, IT Services revenue fell 2.0% QoQ and 2.3% YoY. Despite revenue pressure, Wipro saw impressive deal momentum, with total bookings reaching $4,971 million, a surge of 24.1% QoQ and 50.7% YoY in constant currency terms. Large deal bookings climbed to $2,666 million, rising 49.7% QoQ and 130.8% YoY.

Operating efficiency remained stable, as IT Services operating margin stood at 17.3%, reflecting a 0.2% sequential contraction but a 0.8% YoY expansion. The company generated operating cash flows of ₹41.1 billion ($479.6 million), up 9.8% QoQ and 2.9% YoY, amounting to 123.2% of net income.

Aparna Iyer, Chief Financial Officer, said, “We expanded our operating margins by 80 basis points on YoY basis. Our cash flow conversion remained strong with operating cash flows being at 123% of our net income. The board also declared an interim dividend of INR 5 per share. With this, the total cash returned to shareholders over the last 6 months is more than $1.3 Bn.”

Wipro Interim Dividend Announcement

Wipro has declared an interim dividend of ₹5 per equity share with a face value of ₹2 each, rewarding its shareholders for Q1 FY26. The dividend will be paid to investors whose names appear in the company’s records as of July 28, 2025, the designated record date. Eligible shareholders can expect the payout to be disbursed on or before August 15, 2025.

Outlook for Q2 FY26

Looking ahead, Wipro expects IT Services revenue for the quarter ending September 30, 2025, to range between $2,560 million and $2,612 million, translating to a sequential growth guidance of -1.0% to 1.0% in constant currency terms.

Wipro Share Price Performance

On July 18, 2025, Wipro share price (NSE: WIPRO) opened at ₹268.60, up its previous close of ₹260.60. At 10:27 AM, the share price of Wipro was trading at ₹267.80, up by 2.76% on the NSE.

Also Read: Wipro Block Deal: Over ₹5,000 Crore Worth of Stock Changes Hands!

Conclusion

Wipro’s Q1 FY26 results reflect a mixed performance with modest revenue declines offset by record deal bookings, strong cash flows, and steady margins. With continued focus on large deals and consistent shareholder rewards through dividends, the company remains well-positioned for stable growth in the coming quarters.

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