Wipro announces results for the Quarter ended December 31, 2025

Highlights of the Results Results for the Quarter ended December 31, 2025:
1. Gross revenue at ₹235.6 billion ($2,622.0 million 1 ), increase of 3.8% QoQ and 5.5% YoY.
2. IT services segment revenue was at $2,635.4 million, increase of 1.2% QoQ and 0.2% YoY.
3. Non-GAAP 2 constant currency IT Services segment revenue increased 1.4% QoQ and decreased 1.2% YoY.
4. Total bookings 3 was at $3,335 million, down 5.7% YoY in constant currency 2 . Large deal
bookings 4 was at $871 million, decrease of 8.4% YoY in constant currency 2 .
5. IT services operating margin 5 for Q3’26 was 17.6%, expansion of 0.9% QoQ and 0.1% on YoY basis.
6. Net income for the quarter was at ₹31.2 billion ($347.2 million 1 ), decrease of 3.9% QoQ and 7.0% YoY.
7. Earnings per share for the quarter at ₹2.98 ($0.03 1 ), decrease of 3.9% QoQ and 7.2% YoY.
8. Adjusted for impact of labour code changes 6 , Net Income for the quarter was ₹33.6 billion ($374.3 million 1 ), increase of 3.6% QoQ and 0.3% YoY and EPS for the quarter was ₹3.21 ($0.04 1 ), increase of 3.5 % QoQ and flat YoY.
9. Operating cash flows of ₹42.6 billion ($474.1 million 1 ), increase of 25.7% QoQ and decrease
of 13.6% YoY and at 135.4% of Net Income for the quarter.
10. Voluntary attrition was at 14.2% on a trailing 12-month basis.
Outlook for the Quarter ending March 31, 2026
We expect revenue from our IT Services business segment to be in the range of $2,635 million to $2,688 million*. This translates to sequential guidance of 0% to 2.0% in constant currency terms.
*Outlook for the Quarter ending March 31, 2026, is based on the following exchange rates: GBP/USD at 1.33,
Euro/USD at 1.17, AUD/USD at 0.65, USD/INR at 88.85 and CAD/USD at 0.72
Performance for the Quarter ended December 31, 2025
Srini Pallia, CEO and Managing Director, said “In Q3, we delivered broadbased growth in line with our expectations. As AI becomes a strategic imperative, Wipro Intelligence is emerging as a differentiator and contributed to several wins this quarter.
We saw greater adoption of our AIenabled platforms and solutions, scaled AIled delivery through WINGS and WEGA, and expanded our innovation network across global locations.”
Aparna Iyer, Chief Financial Officer, said “Our IT services operating margins at 17.6% expanded both sequentially and on a year-on-year basis. This is our best margin performance in last few years. Our continued focus on execution rigour also reflects in our strong operating cash flow of 135% of net income in Q3.
We are also pleased to share that the Board has declared an interim dividend of ₹6 per share which will take the total payout for the year to $1.3 Bn.”