Wipro revenue up 10.6% but profit barely moves
Revenue grew to ₹24,479 cr, but net profit at ₹3,356 cr was almost flat YoY. Interim dividend of ₹2 per share, as flagged.
— 5 earlier stories on Wipro Ltd. →What's new
- Revenue rose 10.6% to ₹24,479 cr from a year earlier
- Net profit flat at ₹3,356 cr, down from ₹3,519 cr in March
- Interim dividend of ₹2 per share declared; payable by August 14
Why this matters
Revenue growth is solid, but profit stagnation raises questions about margins. The dividend was pre-signalled, so focus now turns to cost control and deal quality.
What we're watching
- Margin trajectory in coming quarters
- Ramp of the Claude AI hub and its impact on deal wins
- Order pipeline and large deal momentum
The full read
Wipro's June quarter numbers show a revenue story that hasn't reached profits. Top line grew 10.6% year on year to ₹24,479 cr. But net profit was virtually unchanged at ₹3,356 cr — barely above last year's ₹3,334 cr and actually down from ₹3,519 cr in March. Revenue is not the problem. The board declared a ₹2 interim dividend, as expected, and the market had already priced that in; the open question is whether the cost structure can catch up to the top-line growth. Until profits move, the stock's 13.9x trailing P/E leaves little room for error. Margin is the missing piece.
Questions answered
- How did Wipro's net profit compare year over year?
- Net profit was ₹3,356 crore for Q1 FY27, versus ₹3,334 crore a year earlier – a marginal increase of ₹22 crore.
- Why is net profit nearly flat despite revenue growth?
- The filing does not provide cost details, but higher expenses or lower other income likely offset the revenue gain.
- What is the interim dividend declared?
- The board declared an interim dividend of ₹2 per equity share, payable on or before August 14, 2026.
- Did Wipro announce any other price-sensitive news?
- No. The board only approved the quarterly results and the interim dividend.
- How does net profit compare to the previous quarter?
- Net profit fell from ₹3,519 crore in Q4 FY26 to ₹3,356 crore, a decline of about 4.6%.
Wipro Ltd.
Latest quarter · Jun 2026
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All notes on WIPRO →- 16 Jul 2026 · 3:49 PM IST Wipro revenue up 10.6% but profit barely moves
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