EAST BRUNSWICK, N.J., BANGALORE, India, January 16, 2026: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, announced its financial results under International Financial Reporting Standards (IFRS) for the quarter ended December 31, 2025.
Q3 FY26 Financial Highlights
- Gross revenue: ₹235.6 billion ($2,622.0 million), up 3.8% QoQ and 5.5% YoY
- IT Services revenue: $2,635.4 million, up 1.2% QoQ and 0.2% YoY
- Non-GAAP constant currency IT Services revenue: up 1.4% QoQ, down 1.2% YoY
- Total bookings: $3,335 million; large deal bookings at $871 million
- IT Services operating margin: 17.6%, expanding 90 bps QoQ
- Net income: ₹31.2 billion ($347.2 million)
- Adjusted net income (excluding labour code impact): ₹33.6 billion ($374.3 million)
- Operating cash flow: ₹42.6 billion, representing 135.4% of net income
- Voluntary attrition: 14.2% (trailing 12 months)
Outlook
For the quarter ending March 31, 2026, Wipro expects IT Services revenue to be in the range of $2,635 million to $2,688 million, implying 0%–2.0% sequential growth in constant currency terms.
Leadership Commentary
Srini Pallia, CEO and Managing Director, said the company delivered broad-based growth aligned with expectations, supported by increased adoption of AI-led platforms. He highlighted Wipro Intelligence™, WINGS, and WEGA as key contributors to client wins and scalable AI-led delivery.
Aparna Iyer, Chief Financial Officer, noted that Q3 marked Wipro’s best margin performance in several years, driven by execution discipline and strong cash flow. She also announced an interim dividend of ₹6 per share, taking the total payout for the year to $1.3 billion.
Strategic Deal Wins
During the quarter, Wipro secured and expanded multiple large, multi-year engagements across sectors including technology, healthcare, banking, insurance, telecom, airlines, manufacturing, and consumer goods. These deals focused on:
- AI-led trust and safety operations
- Healthcare payer platforms and automation
- Digital workplace transformation
- Hybrid cloud and infrastructure modernization
- Agentic AI for finance, software development, and enterprise operations
- AI-driven customer experience and workforce productivity
Analyst Recognition
Wipro was recognized as a Leader by major global analyst firms including Gartner, Everest Group, Avasant, IDC, ISG, and HFS across AI services, cloud, digital workplace, ServiceNow, SAP, telecom, banking operations, and data center outsourcing.