Wipro Declares ₹5 Interim Dividend for Q1 FY2026, Reports Steady Financial Performance

2 min read     Updated on 17 Jul 2025, 04:08 PM
scanxBy ScanX News Team
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Overview

Wipro declared an interim dividend of ₹5 per equity share for Q1 FY2026. The company reported revenue of ₹221.30 billion, up 0.80% YoY. Net income increased by 10.90% YoY to ₹33.30 billion. Total bookings grew by 50.70% YoY, with large deal bookings up 130.80%. IT Services Operating Margin improved by 0.80% YoY. For Q2, Wipro projects IT Services revenue between $2,560 million to $2,612 million.

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*this image is generated using AI for illustrative purposes only.

Wipro Limited , a leading global information technology, consulting, and business process services company, has announced an interim dividend of ₹5 per equity share for the first quarter of fiscal year 2026. The company's Board of Directors declared the dividend in their meeting held on July 17, 2025.

Dividend Details

The interim dividend of ₹5 per equity share represents a 250% payout on shares with a par value of ₹2 each. Wipro has set July 28, 2025, as the record date for determining shareholder eligibility. The dividend payment is scheduled to be made on or before August 15, 2025.

Financial Performance Highlights

Alongside the dividend announcement, Wipro also released its financial results for the quarter ended June 30, 2025:

Metric Value YoY Change QoQ Change
Revenue ₹221.30 billion ($2,581.60 million) +0.80% -1.60%
IT Services Revenue $2,587.40 million -1.50% -0.30%
IT Services Operating Margin 17.30% +0.80% -0.20%
Net Income ₹33.30 billion ($388.40 million) +10.90% -6.70%
Earnings Per Share (EPS) ₹3.20 ($0.04) +10.80% -6.70%

Business Highlights

Wipro demonstrated strong performance in its deal bookings:

  • Total bookings for the quarter amounted to $4,971 million, up by 50.70% YoY in constant currency terms.
  • Large deal bookings reached $2,666 million, showcasing an impressive 130.80% YoY growth in constant currency.

Management Commentary

Srini Pallia, CEO and Managing Director of Wipro, commented on the results: "In a quarter shaped by macroeconomic uncertainty, clients prioritized efficiency and cost optimization. We partnered closely with them to address these needs, resulting in 16 large deals, including two mega deals. Building on the momentum from last quarter and supported by a strong pipeline, we are well positioned for the second half."

Aparna Iyer, Chief Financial Officer, added: "We expanded our operating margins by 80 basis points on YoY basis. Our cash flow conversion remained strong with operating cash flows being at 123% of our net income."

Outlook

For the quarter ending September 30, 2025, Wipro expects revenue from its IT Services business segment to be in the range of $2,560 million to $2,612 million. This translates to a sequential guidance of -1.00% to 1.00% in constant currency terms.

As Wipro continues to navigate the evolving market landscape, the company remains focused on leveraging its strengths in AI, cloud, and digital services to drive growth and deliver value to its clients and shareholders.

Historical Stock Returns for Wipro

1 Day5 Days1 Month6 Months1 Year5 Years
-0.84%-1.68%-0.88%-7.57%-9.07%+99.42%

Wipro Reports Q1 Results: Revenue Dips, Declares Interim Dividend Amid AI-Driven Transformation

2 min read     Updated on 17 Jul 2025, 03:54 PM
scanxBy ScanX News Team
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Overview

Wipro Limited announced its Q1 FY2024 results, reporting a 1.6% QoQ decrease in revenue to ₹221,346 million ($2,581.60 million), but a 10.9% YoY increase in net income to ₹33,304 million ($388.40 million). The company's operating margin improved by 0.8% YoY to 17.30%. Total bookings grew by 24.10% QoQ and 50.70% YoY in constant currency. The Board declared an interim dividend of ₹5 per equity share/ADS. Wipro is focusing on becoming an AI-powered organization, having built over 200 AI agents. For Q2, the company expects IT Services revenue between $2,560 million to $2,612 million.

14293503

*this image is generated using AI for illustrative purposes only.

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, has announced its financial results for the first quarter ended June 30.

Financial Highlights

Metric Value Change
Revenue ₹221,346.00 million ($2,581.60 million) -1.60% QoQ, +0.80% YoY
IT Services Segment Revenue $2,587.40 million -0.30% QoQ, -1.50% YoY
Operating Margin 17.30% +0.80% YoY, -0.20% QoQ
Net Income ₹33,304.00 million ($388.40 million) +10.90% YoY, -6.70% QoQ
Earnings Per Share (EPS) ₹3.18 ($0.04) +10.80% YoY, -6.70% QoQ

Dividend Declaration

The Board of Directors has declared an interim dividend of ₹5 ($0.06) per equity share/ADS.

Additional Financial Insights

  • Q1 EBIT was ₹35.53 billion, down from ₹39.3 billion in the previous quarter, falling short of the estimated ₹37.87 billion.
  • EBIT margin decreased to 16.05% from 17.47% in the previous quarter, below the estimated 17.1%.
  • Consolidated net profit for Q1 was ₹33.3 billion, down from ₹35.7 billion in the previous quarter.
  • Q1 revenue stood at ₹221 billion, meeting estimates but down from ₹225 billion in the previous quarter.

Business Highlights

  • Total Bookings: $4,971.00 million, up by 24.10% QoQ and 50.70% YoY in constant currency.
  • Large Deal Bookings: $2,666.00 million, showing a significant increase of 49.70% QoQ and 130.80% YoY in constant currency.
  • Strategic Market Units Performance:
    • Americas 1: 33.10% of revenue
    • Americas 2: 30.40% of revenue
    • Europe: 25.70% of revenue
    • APMEA: 10.80% of revenue

AI-Driven Transformation

Wipro is intensifying its focus on becoming a consulting-led, AI-powered organization. The company has built over 200 AI agents in partnership with hyperscalers, helping clients reimagine business models and unlock greater efficiency. Internally, Wipro is leveraging Agentic AI across various operations, including HR, finance, and legal functions.

Talent and Workforce Initiatives

  • 37% of Wipro's workforce is now composed of women and GenZ employees.
  • Almost all employees have completed foundational Generative AI training, with over 87,000 undergoing advanced, role-specific upskilling.
  • The company has established 63 Centres of Excellence in partnership with leading academic institutions through its Talent@Scale program.

Outlook

For the quarter ending September 30, Wipro expects revenue from its IT Services business segment to be in the range of $2,560.00 million to $2,612.00 million, translating to sequential guidance of -1.00% to 1.00% in constant currency terms.

Management Comments

Srinivas Pallia, CEO and Managing Director, commented on the results: "In a quarter shaped by macroeconomic uncertainty, clients prioritized efficiency and cost optimization. We partnered closely with them to address these needs, resulting in 16 large deals, including two mega deals. Building on the momentum from last quarter and supported by a strong pipeline, we are well positioned for the second half. AI is no longer experimental - it's central to our clients' strategies, and we are delivering real impact at scale."

Aparna Iyer, Chief Financial Officer, added: "We expanded our operating margins by 80 basis points on YoY basis. Our cash flow conversion remained strong with operating cash flows being at 123% of our net income."

About Wipro Limited

Wipro Limited is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. With over 230,000 employees and business partners across 65 countries, Wipro helps clients realize their boldest ambitions and build future-ready, sustainable businesses.

Historical Stock Returns for Wipro

1 Day5 Days1 Month6 Months1 Year5 Years
-0.84%-1.68%-0.88%-7.57%-9.07%+99.42%
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