Wipro's net profit in the first quarter rose less than a per cent to ₹3,325 crore, compared to a year earlier even as revenue rose 10.6 per cent to ₹24,480 crore.
The IT services major reported marginal profit growth in Q1 FY27, while issuing cautious revenue guidance amid an uncertain demand environment and weak deal ramp-up
Gains in IT index were led by large-cap IT stocks, with HCLTech, LTIMindtree and Persistent Systems among the key contributors
Wipro Q1 results preview, interim dividend: Along with its Q1 results, Wipro's board may also recommend an interim dividend for shareholders, according to an exchange filing.
Wipro has set the buyback price at ₹250 per share, implying a premium of 23 per cent over the stock's previous closing price of ₹203.11 per share
Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 1.27 per cent and 1.48 per cent higher, respectively
Wipro reports marginal Q4 profit decline and muted revenue growth, flags weak Q1FY27 guidance amid geopolitical uncertainty and slow ramp-up of large deals
The buyback price is 19 per cent higher than the stock's closing price on Thursday's of Rs 210.15 per share on the NSE.
The IT company's profit in the year-ago period stood at Rs 3,569.6 crore.
Q4FY26 company results: Firms including Angel One, Waaree Renewable Technologies, VST Industries, and Alok Industries are also to release their January-March earnings today
Wipro's Q3 profit fell 7% year-on-year due to labour code impact, even as IT services revenue beat estimates and margins improved on cost controls
Wipro said the profit decline was due to the implementation of new labour codes, which resulted in a one-time provision of ₹302.8 crore
Wipro's share price fell after its net profit was up 1.15 per cent compared to the same quarter last year
Around 7:20 AM, GIFT Nifty futures were down 41.6 points at 25,614.5, indicating a negative start.
Wipro's Q2FY26 profit rose 1.15% to Rs 3,246 crore and revenue grew 1.7% to Rs 22,697 crore, supported by strong deal wins worth $2.9 billion and steady performance in BFSI
Sensex Today | Stock Market LIVE Updates, October 16, 2025: In the broader markets, the Nifty MidCap 100 and SmallCap 100 settled higher by 0.46 per cent and 0.24 per cent, respectively
Stocks to watch today: Angle One, KEI Industries, Jyoti Structures and KEC International are among other top stocks to track today:
Analysts forecast a sequential decline in Wipro's Ebit margin despite rupee depreciation, mainly due to upfront costs linked to large deals, analysts said
Following a record-setting week, the initial public offering (IPO) market is expected to pause, with only one issue - Midwest - scheduled for the coming week.
Sensex Today | Stock Market close, Friday, July 18, 2025: The Nifty Midcap 100 index fell 0.7 per cent and Nifty Smallcap 100 was down 0.82 per cent