Wipro Announces Results for the Quarter and Year Ended March 31, 2026

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter and year ended March 31, 2026.

• Adjusted net income grew 3.7% QoQ in Q4’26 and 2.2% YoY for FY’26
• FY’26 margin at 17.2%, expands 0.2%; Q4 margin at 17.3%, contracts 0.2% YoY
• Operating cash flow at 90.1% of net income for Q4’26 and 112.6% for FY’26
• Board approves Buy-Back for the value of ₹150 billion

Quarter Ended March 31, 2026

Metric	Result
Gross Revenue	₹242.4 billion ($2,583.0 million), +2.9% QoQ, +7.7% YoY
IT Services Revenue	$2,651.0 million, +0.6% QoQ, +2.1% YoY
Net Income	₹35.0 billion ($373.2 million), +12.3% QoQ, -1.9% YoY
EPS	₹3.34 ($0.041), +12.1% QoQ, -2.1% YoY
Operating Cash Flow	₹31.7 billion ($338.2 million), 90.1% of Net Income

Year Ended March 31, 2026

Metric	Result
Gross Revenue	₹926.2 billion ($9.9 billion), +4.0% YoY
IT Services Revenue	$10,478.1 million, -0.3% YoY
Net Income	₹132.0 billion ($1,406.5 million), +0.5% YoY
EPS	₹12.6 ($0.131), +0.3% YoY
Operating Cash Flow	₹149.3 billion ($1,591.3 million), 112.6% of Net Income

Outlook for the Quarter ending June 30, 2026

Wipro expects revenue from its IT Services business segment to be in the range of $2,597 million to $2,651 million*. This translates to sequential guidance of (-)2.0% to 0% in constant currency terms. 

* Outlook for the Quarter ending June 30, 2026, is based on the following exchange rates: GBP/USD at 1.34, Euro/USD at 1.17, AUD/USD at 0.70, USD/INR at 92.35 and CAD/USD at 0.73

CEO & CFO Commentary

Srini Pallia, CEO: “Advancements in AI are reshaping client priorities... pivoting to a services-as-a-software model through the AI Native Business & Platforms unit.”

Aparna Iyer, CFO: “We have continued to invest in our clients, capabilities and people... Board announced buyback of ₹15,000 Cr at a price of ₹250, subject to shareholder approval.”

Capital Allocation

The Board of Directors approved the buyback proposal, subject to the approval of  shareholders through postal ballot, for purchase by the Company of up to 60,00,00,000 equity shares of ₹ 2 each (being 5.7% of total paid-up equity share capital) from the shareholders of the Company on a proportionate basis by way of a tender offer at a price of ₹ 250 ($2.661) per equity share for an aggregate amount not exceeding ₹ 150 billion ($1.6 billion1) , in accordance with the provisions contained in the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018 and the Companies Act, 2013 and rules made thereunder.

The interim dividend of ₹11 declared in FY’26 by the Board at its meetings held on July 17th, 2025 and January 16th, 2026, shall be considered as final dividend for the financial year 2025-26.

Strategic Deal Wins

• US health insurer extended contract for IT modernization leveraging Wipro Intelligence™ platforms.
• Global tech leader renewed engagement for IT infrastructure and workplace services.
• Global medtech company selected Wipro to transform Post Market Surveillance.
• Major US retailer modernizing store associate experience with AI-enabled intelligence.
• ABB Group signed multi-year renewal for AI-powered workplace services.
• Capco engaged by UK energy trading company to establish Capability as a Service model.
• Prominent Southeast Asian manufacturer selected Wipro to establish Global Capability Center.

Analyst Recognition

• Leader in ISG Provider Lens™ - Advanced Analytics and AI Services 2025
• Leader in Everest Group’s Software Product Engineering Services PEAK Matrix® 2026
• Leader in Avasant’s Life Sciences Digital Services 2026 RadarView™
• Leader in ISG Provider Lens® - Digital Sustainability 2025
• Featured as Horizon 3 Market Leader in HFS Horizons: Next-gen IT Infrastructure Services 2026

IT Products

Period	Revenue	Results
Q4 FY26	₹2.5 billion ($26.9 million)	₹0.2 billion ($2.2 million)
FY26	₹6.9 billion ($74.0 million)	₹0.6 billion ($5.9 million)

Conference Call

Earnings call at 07:45 p.m. IST (10:15 a.m. U.S. ET). Webcast link: Conference Call

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading AI-powered technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our consulting-led approach and the Wipro Intelligence™ unified suite of AI-powered platforms, solutions and transformative offerings, we help clients realize their boldest ambitions to build intelligent and sustainable businesses. The Wipro Innovation Network – part of the Wipro Intelligence™ suite – underpins our commitment to client-centric co-innovation and co-creation by bringing together capabilities from the innovation labs and partner labs, academia, and global tech communities.  With over 230,000 employees and business partners across 65 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at www.wipro.com.

Forward-Looking Statements

Statements regarding growth prospects, financial results, and plans are subject to risks and uncertainties... Additional risks described in SEC filings.