Wipro Ltd
NSE:WIPRO

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Wipro Ltd
NSE:WIPRO
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Price: 270.8 INR 1.96% Market Closed
Market Cap: 2.8T INR

Wipro Ltd
Investor Relations

Wipro Ltd., born from the enterprising spirit of Mohamed Premji in 1945 as Western India Vegetable Products Limited, has evolved into a global powerhouse in the information technology sector. Originally dabbling in the production of vegetable oils and refined goods, the winds of change in the 1980s prompted the company, under the visionary leadership of Azim Premji, to pivot towards IT services and consulting. This strategic transformation capitalized on India's burgeoning tech talent and the global demand for cost-effective IT solutions. Today, Wipro is a beacon in the IT services industry, offering a range of solutions including application development, systems integration, and IT consulting to enterprises around the globe.

The firm's revenue engine runs on several gears, with key drivers being its IT services, business process outsourcing (BPO), and digital strategy services. Wipro generates income by crafting tailored technology solutions that enhance client efficiency and innovation. By embracing digital transformation, cloud computing, and cybersecurity solutions, Wipro has become indispensable to businesses seeking to modernize and scale in a rapidly evolving digital landscape. Its robust strategic partnerships and investments in emerging technologies ensure it remains competitive and responsive to the demands of a dynamic marketplace. Through this finely tuned operation, Wipro creates value not only for its wide array of clients across different industries but also for its stakeholders, while continuously reinventing itself to stay ahead of the curve.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Oct 16, 2025
AI Summary
Q2 2026

Revenue: IT services revenue was $2.6 billion, growing 0.3% sequentially in constant currency, and was within the guided range.

Margins: Adjusted operating margin reached 17.2%, up 0.4% year-on-year, though reported operating margin was 16.7% due to a one-off customer bankruptcy.

Bookings: Total contract value for the quarter was $4.7 billion with 13 large deals, including two significant renewals.

Guidance: Q3 IT services revenue expected between $2.59 billion and $2.64 billion, a sequential change of -0.5% to +1.5% in constant currency.

AI Strategy: Wipro launched "Wipro Intelligence," a unified suite of AI-powered platforms aimed at scaling client AI adoption with industry-specific solutions.

Demand: Vendor consolidation, cost optimization, and increased AI adoption are major demand drivers, though discretionary spending has not picked up significantly.

Regional Performance: Europe returned to sequential growth, Americas 1 performed strongly, while Americas 2 and some consumer/energy sectors remained weak.

Key Financials
IT Services Revenue
$2.6B
Operating Margin
16.7%
Adjusted Operating Margin
17.2%
Total Contract Value (Bookings)
$4.7B
Large Deals Signed
13
Mega Deals Signed
2
Year-to-date Bookings
$9.5B
Operating Cash Flow
104% of net income
Gross Cash Including Investments
$6B
Accounting Yield (India Investments)
7.1%
Effective Tax Rate
23.8%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Rishad Azim Hasham Premji Jr.
Executive Chairman
No Bio Available
Ms. Aparna C. Iyer
CFO, Corporate Treasurer, Investor Relations & Member of Executive Board
No Bio Available
Mr. Srinivas Pallia
CEO, MD, Executive Director & Member of Executive Board
No Bio Available
Mr. Saurabh Govil
Chief Human Resources Officer & Executive Board Member
No Bio Available
Mr. Nagendra P. Bandaru
Managing Partner of Wipro Enterprise Futuring & Executive Board Member
No Bio Available
Mr. Anup Purohit
Chief Information Officer
No Bio Available
Mr. Abhishek Kumar Jain
General Manager of Investor Relations
No Bio Available
Mr. Mohammed Sanaulla Khan
VP, Compliance Officer & Company Secretary
No Bio Available
Ms. Tejal Patil
General Counsel
No Bio Available
Mr. Anil Raibagi Madhav
Global Head of Corporate Development & Post-Merger Integrations
No Bio Available

Contacts

Address
KARNATAKA
Bangalore
Survey #76P & #80P Doddakanahalli Villag, Varthur Hobli Sarjapur Rd Bangalore
Contacts
+918028440011.0
www.wipro.com