On consolidated basis
Quarter ended March 2026
compared with Quarter ended December 2025.
Net sales (including other operating income) of Wipro has increased 2.89% to Rs
24236.3 crore.
Operating profit margin
has jumped from 18.24% to 20.26%, leading to 14.27% rise in operating profit to
Rs 4,909.30 crore. Purchase of finished goods cost fell from 1.05%
to 0.69%. Employee cost decreased from 60.28% to 59.23%.
Other expenses fell from 20.43% to 19.80%. Selling and
administration expenses rose from 3.18% to 3.38%. Software
technology development services cost fell from 11.74% to 11.53%.
Other income fell 15.03%
to Rs 854.2 crore. PBIDT rose 8.71% to Rs 5763.5
crore. Provision for interest rose 1.23% to Rs 370.1
crore. Loan funds remained nil.
PBDT rose 9.26% to Rs
5393.4 crore. Provision for depreciation fell 9.50% to Rs 728.5 crore.
Profit before tax grew
12.92% to Rs 4,664.90 crore. Share of profit/loss was 3.57% lower at
Rs 2.7 crore. Provision for tax was expense of Rs 1146 crore,
compared to Rs 988.9 crore. Effective tax rate was 24.55% compared to
23.92%.
Minority interest
decreased 23.85% to Rs 19.80 crore. Net profit attributable to
owners of the company increased 12.27% to Rs 3,501.80 crore.
Promoters’ stake was
72.63% as of 31 March 2026 ,compared to 72.63% as of 31 December 2025
.
Quarter ended March 2026
compared with Quarter ended March 2025.
Net sales (including other operating income) of Wipro has increased 7.70% to Rs
24236.3 crore. Sales of IT Services segment has gone up 7.00% to Rs
24,016.70 crore (accounting for 98.96% of total sales). Sales of IT
Products segment has gone up 210.09% to Rs 252.10 crore (accounting for 1.04%
of total sales).
Profit before interest,
tax and other unallocable items (PBIT) has jumped 0.18% to Rs 4,362.70
crore. PBIT of IT Services segment fell 0.24% to Rs 4,341.60 crore
(accounting for 99.52% of total PBIT). PBIT of IT Products segment
rose 653.57% to Rs 21.10 crore (accounting for 0.48% of total
PBIT).
PBIT margin of IT
Services segment fell from 19.39% to 18.08%. PBIT margin of IT
Products segment rose from 3.44% to 8.37%. Overall PBIT margin fell
from 19.33% to 17.98%.
Operating profit margin
has declined from 20.55% to 20.26%, leading to 6.17% rise in operating profit
to Rs 4,909.30 crore. Purchase of finished goods cost rose from
0.36% to 0.69%. Employee cost decreased from 59.31% to 59.23%.
Other expenses rose from 19.78% to 19.80%. Selling and
administration expenses fell from 3.60% to 3.38%. Software
technology development services cost rose from 11.06% to 11.53%.
Other income fell 28.12%
to Rs 854.2 crore. PBIDT fell 0.84% to Rs 5763.5
crore. Provision for interest fell 1.75% to Rs 370.1
crore. Loan funds rose to Rs 20,291.00 crore as of 31 March 2026
from Rs 19,203.50 crore as of 31 March 2025. Inventories declined
from Rs 69.40 crore as of 31 March 2025 to Rs 51.70 crore as of 31 March
2026. Sundry debtors were higher at Rs 13,590.10 crore as of 31
March 2026 compared to Rs 11,774.50 crore as of 31 March 2025. Cash
and bank balance declined from Rs 12,197.40 crore as of 31 March 2025 to Rs
10,555.50 crore as of 31 March 2026. Investments rose to Rs
46,785.90 crore as of 31 March 2026 from Rs 43,925.90 crore as of 31 March 2025
.
PBDT fell 0.78% to Rs
5393.4 crore. Provision for depreciation rose 0.94% to Rs 728.5
crore. Fixed assets increased to Rs 10,963.30 crore as of 31 March
2026 from Rs 10,603.50 crore as of 31 March 2025. Intangible assets
increased from Rs 34,779.60 crore to Rs 41,139.00 crore.
Profit before tax down
1.04% to Rs 4,664.90 crore. Share of profit/loss was 90.72% lower at
Rs 2.7 crore. Provision for tax was expense of Rs 1146 crore,
compared to Rs 1154.9 crore. Effective tax rate was 24.55% compared
to 24.35%.
Minority interest
increased 7.03% to Rs 19.80 crore. Net profit attributable to owners
of the company decreased 1.90% to Rs 3,501.80 crore.
Equity capital increased
from Rs 2,094.40 crore as of 31 March 2025 to Rs 2,097.70 crore as of 31 March
2026. Per share face Value remained same at Rs 2.00.
Promoters’ stake was 72.63%
as of 31 March 2026 ,compared to 72.73% as of 31 March 2025 .
Full year results analysis.
Net sales (including other operating income) of Wipro has increased 3.97% to Rs
92624 crore. Sales of IT Services segment has gone up 3.71% to Rs
92,115.30 crore (accounting for 99.25% of total sales). Sales of IT
Products segment has gone up 157.80% to Rs 694.00 crore (accounting for 0.75%
of total sales).
Profit before interest,
tax and other unallocable items (PBIT) has slumped 3.62% to Rs 15,577.90
crore. PBIT of IT Services segment fell 4.06% to Rs 15,522.00 crore
(accounting for 99.64% of total PBIT). PBIT of IT Products reported
profit of Rs 55.90 crore compared to loss of Rs 17.30 crore.
PBIT margin of IT
Services segment fell from 18.22% to 16.85%. PBIT margin of IT
Products segment rose from negative 6.43% to 8.05%. Overall PBIT
margin fell from 18.14% to 16.78%.
Operating profit margin
has declined from 20.23% to 19.23%, leading to 1.17% decline in operating
profit to Rs 17,811.20 crore. Purchase of finished goods cost rose
from 0.33% to 0.62%. Employee cost increased from 59.89% to 60.02%.
Other expenses rose from 19.54% to 20.12%. Selling and
administration expenses fell from 3.68% to 3.34%. Software
technology development services cost rose from 11.24% to 11.63%.
Other income fell 0.27%
to Rs 3873.7 crore. PBIDT fell 1.01% to Rs 21684.9
crore. Provision for interest fell 1.31% to Rs 1457.7
crore. Loan funds rose to Rs 20,291.00 crore as of 31 March 2026
from Rs 19,203.50 crore as of 31 March 2025. Inventories declined
from Rs 69.40 crore as of 31 March 2025 to Rs 51.70 crore as of 31 March
2026. Sundry debtors were higher at Rs 13,590.10 crore as of 31
March 2026 compared to Rs 11,774.50 crore as of 31 March 2025. Cash
and bank balance declined from Rs 12,197.40 crore as of 31 March 2025 to Rs
10,555.50 crore as of 31 March 2026. Investments rose to Rs
46,785.90 crore as of 31 March 2026 from Rs 43,925.90 crore as of 31 March 2025
.
PBDT fell 0.98% to Rs
20227.2 crore. Provision for depreciation fell 1.60% to Rs 2910.7
crore. Fixed assets increased to Rs 10,963.30 crore as of 31 March
2026 from Rs 10,603.50 crore as of 31 March 2025. Intangible assets
increased from Rs 34,779.60 crore to Rs 41,139.00 crore.
Profit before tax down
0.88% to Rs 17,316.50 crore. Share of profit/loss was 1.18% higher
at Rs 25.7 crore. Provision for tax was expense of Rs 4076.7 crore,
compared to Rs 4277.7 crore. Effective tax rate was 23.51% compared
to 24.45%.
Minority interest
decreased 17.55% to Rs 68.10 crore. Net profit attributable to
owners of the company increased 0.47% to Rs 13,197.40 crore.
Equity capital increased
from Rs 2,094.40 crore as of 31 March 2025 to Rs 2,097.70 crore as of 31 March
2026. Per share face Value remained same at Rs 2.00.
Promoters’ stake was
72.63% as of 31 March 2026 ,compared to 72.73% as of 31 March 2025
.
Cash flow from operating
activities decreased to Rs 14,931.60 crore for year ended March 2026 from Rs
16,942.60 crore for year ended March 2025. Cash flow used in acquiring
fixed assets during the year ended March 2026 stood at Rs 1,560.30 crore,
compared to Rs 1,473.70 crore during the year ended March 2025.
Guidance:
Revenue from IT Services business segment to be in the range
of $2597 million to $2,651 million in Q1FY2027. This translates to sequential IT
services revenue growth of -2% to 0% in constant currency.
Buyback: The
board of directors have announced and approved a buyback of 60,00,00,000 fully paid-up equity shares of Rs 2/- being
5.7% of the total paid-up equity share capital, for an aggregate amount not
exceeding Rs 15,000 Crore at a price of Rs 250. The buyback is expected to be completed
in Q1FY27, subject to shareholder approval.
Management
Commentary:
Srini Pallia, CEO and Managing
Director, said “Advancements in AI are reshaping client priorities and creating
new opportunities for us to partner more deeply to deliver value-driven
outcomes. To strengthen our position in an AI-first world, we are pivoting to a
services-as-a-software model through the AI Native Business & Platforms unit.
Our strategic deal with the Olam Group further reflects the decisive
investments we are making to capture opportunities at scale.”
Aparna Iyer, Chief Financial
Officer, said “We have continued to invest in our clients, capabilities and
people and maintained our margins in narrow band. Our cash conversion continues
to remain strong with operating cash flows at 112.6% of net income for FY’26.
During the year we have returned substantial portion of our cash generated to
shareholders in the form of dividend. Additionally, in our recently concluded
board meeting, the Board of Directors announced buyback of Rs 15,000 Cr at a
price of Rs 250, subject to shareholder approval. | Wipro : Consolidated Results | | | Quarter ended | Year ended |
|---|
| Particulars | 202603 | 202503 | Var.(%) | 202603 | 202503 | Var.(%) |
|---|
| Net Sales (including other operating income) | 24,236.30 | 22,504.20 | 7.70 | 92,624.00 | 89,088.40 | 3.97 | | OPM (%) | 20.26 | 20.55 | -29 bps | 19.23 | 20.23 | -100 bps | | OP | 4,909.30 | 4,624.00 | 6.17 | 17,811.20 | 18,021.20 | -1.17 | | Other Inc. | 854.20 | 1,188.30 | -28.12 | 3,873.70 | 3,884.00 | -0.27 | | PBIDT | 5,763.50 | 5,812.30 | -0.84 | 21,684.90 | 21,905.20 | -1.01 | | Interest | 370.10 | 376.70 | -1.75 | 1,457.70 | 1,477.00 | -1.31 | | PBDT | 5,393.40 | 5,435.60 | -0.78 | 20,227.20 | 20,428.20 | -0.98 | | Depreciation | 728.5 | 721.7 | 0.94 | 2910.7 | 2957.9 | -1.60 | | PBT | 4,664.90 | 4,713.90 | -1.04 | 17316.5 | 17470.3 | -0.88 | | Share of Profit/(Loss) from Associates | 2.7 | 29.1 | -90.72 | 25.7 | 25.4 | 1.18 | | PBT before EO | 4667.6 | 4743 | -1.59 | 17342.2 | 17495.7 | -0.88 | | EO Income | 0 | 0 | - | 0 | 0 | - | | PBT after EO | 4667.6 | 4743 | -1.59 | 17342.2 | 17495.7 | -0.88 | | Taxation | 1146 | 1154.9 | -0.77 | 4076.7 | 4277.7 | -4.70 | | PAT | 3521.6 | 3588.1 | -1.85 | 13265.5 | 13218 | 0.36 | | Minority Interest (MI) | 19.8 | 18.5 | 7.03 | 68.1 | 82.6 | -17.55 | | Net profit | 3501.8 | 3569.6 | -1.90 | 13197.4 | 13135.4 | 0.47 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 3501.8 | 3569.6 | -1.90 | 13197.4 | 13135.4 | 0.47 | | EPS (Rs)* | 3.34 | 3.40 | -1.90 | 12.58 | 12.52 | 0.47 | | | * EPS is on current equity of Rs 2,097.70 crore, Face value of Rs 2, Excluding extraordinary items. | | # EPS is not annualised | | bps : Basis points | | EO : Extraordinary items | | Figures in Rs crore | | Source: Capitaline Corporate Database |
|
| Wipro : Consolidated Segment Results | | | Quarter ended | Year ended |
|---|
| % of (Total) | 202603 | 202503 | Var.(%) | % of (Total) | 202603 | 202503 | Var.(%) |
|---|
| Sales | | Global IT Services & Products | 0.00 | 0.00 | 0.00 | - | | India & Asia Pac IT Serv. & Product | 0.00 | 0.00 | 0.00 | - | | Consumer Care & Lighting | 0.00 | 0.00 | 0.00 | - | | Others | 0.00 | 0.00 | 0.00 | - | | IT Services | 98.96 | 24,016.70 | 22,445.30 | 7.00 | 99.25 | 92,115.30 | 88,822.40 | 3.71 | | IT Products | 1.04 | 252.10 | 81.30 | 210.09 | 0.75 | 694.00 | 269.20 | 157.80 | | IT Services & Products | 0.00 | 0.00 | 0.00 | - | | India State Run Enterprise | 0.00 | 0.00 | 0.00 | - | | Total Reported Sales | 100.00 | 24,268.80 | 22,526.60 | 7.73 | 100.00 | 92,809.30 | 89,091.60 | 4.17 | | Less: Inter segment revenues | | 0.00 | 0.00 | - | | 0.00 | 0.00 | - | | Net Sales | 100.00 | 24,268.80 | 22,526.60 | 7.73 | 100.00 | 92,809.30 | 89,091.60 | 4.17 | | PBIT | | Global IT Services & Products | 0.00 | 0.00 | 0.00 | - | | India & Asia Pac IT Serv. & Product | 0.00 | 0.00 | 0.00 | - | | Consumer Care & Lighting | 0.00 | 0.00 | 0.00 | - | | Others | 0.00 | 0.00 | 0.00 | - | | IT Services | 99.52 | 4,341.60 | 4,352.00 | -0.24 | 99.64 | 15,522.00 | 16,179.60 | -4.06 | | IT Products | 0.48 | 21.10 | 2.80 | 653.57 | 0.36 | 55.90 | -17.30 | LP | | IT Services & Products | 0.00 | 0.00 | 0.00 | - | | India State Run Enterprise | 0.00 | 0.00 | 0.00 | - | | Total PBIT | 100.00 | 4,362.70 | 4,354.80 | 0.18 | 100.00 | 15,577.90 | 16,162.30 | -3.62 | | Less : Interest | | 370.10 | 376.70 | -1.75 | | 1,457.70 | 1,477.00 | -1.31 | | Add: Other un-allcoable | | 675.00 | 764.90 | -11.75 | | 3,222.00 | 2,810.40 | 14.65 | | PBIT Margin(%) | | Global IT Services & Products | | 0.00 | 0.00 | 0.00 | | India & Asia Pac IT Serv. & Product | | 0.00 | 0.00 | 0.00 | | Consumer Care & Lighting | | 0.00 | 0.00 | 0.00 | | Others | | 0.00 | 0.00 | 0.00 | | IT Services | | 18.08 | 19.39 | -131.19 | | 16.85 | 18.22 | -136.51 | | IT Products | | 8.37 | 3.44 | 492.57 | | 8.05 | -6.43 | 1,448.12 | | IT Services & Products | | 0.00 | 0.00 | 0.00 | | India State Run Enterprise | | 0.00 | 0.00 | 0.00 | | PBT | 100.00 | 4,667.60 | 4,743.00 | -1.59 | 100.00 | 17,342.20 | 17,495.70 | -0.88 |
|
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