Wipro Ltd. grew is a seasonally weak quarter for India's IT services industry, even as profitability took a hit due to costs related to the new labour codes.
Wipro CEO Srinivas Pallia. (Bloomberg)
Revenue of India's fourth-largest IT services firm rose 3.8% over the previous quarter to ₹23,556 crore in the three months ended 31 December 2025, according to an exchange filing on Friday.
Wipro Q3 Results FY26 (Consolidated, QoQ)
Revenue up 3.8% at ₹23,556 crore (Estimate: ₹22,697 crore)
EBIT down 5.1% at ₹3,491 crore (Estimate: ₹3,727 crore)
EBIT margin down 140 bps at 14.8% (Estimate: 16.4%)
Net profit down 4.4% at ₹3,119 crore (Estimate: ₹3,354 crore)
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One basis point is one-hundredth of a percentage point.
The company reported a one-time cost of ₹303 crore on the bottomline due to the implementation of India's new Labour Codes.
Wipro guidance for FY26
The Bengaluru-based company led by CEO Srinivas Pallia has guided for 0%-2% constant-currency growth in FY26, or $2,635 million to $2,688 million.
Wipro dividend
The board has approved an interim dividend of ₹6 per equity share of face value ₹1 each. The record date is fixed as 27 January, while the payment will be made on or before 14 February.
On Friday, Wipro shares rose 2.73% to ₹267.25 apiece on the BSE even as the benchmark Sensex ended the day 0.23% higher at 83,570.35 points. The quarterly results were declared after market hours.
Tushar Deep Singh is a business journalist and digital editorial leader with 12 years of experience in financial journalism. Currently Assistant Editor at Hindustan Times, he is building the HT Business vertical and managing the newsletters for both Livemint and HT. When not in the newsroom, he can be found on a motorcycle. Throughout his career, Tushar has been instrumental in scaling digital publishing operations at some of India’s largest financial news websites. His six-year tenure at Mint—the first job—saw him plunge into online media to deliver record-breaking digital engagement for Livemint.com, including 7.2 million page views on 2017 UP Election Results day. He held fort at Livemint during a senior-level leadership transition later that year. That won him the HT Media Star Award (Bronze) in 2017 and a Certificate of Appreciation for Editorial Excellence in 2018. As the head of the digital desk at ETtech, he curated two daily, full-stack newsletters from an editorial as well as product perspective. At NDTV Profit, he transitioned from website editor to principal correspondent, reporting on the auto sector for the TV channel and website, thereby adding yet another layer to his editorial expertise. He is a post-graduate in journalism from Xavier Institute of Communications, Mumbai, and a graduate from St. Xavier's College, Ahmedabad.
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Home/Business/Wipro Q3 Results: Revenue up 3.8% even as profitability takes a hit
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