Wipro Q4 net profit dips 1.9% to Rs 3,502 crore, revenue rises 8%

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India’s fourth-largest IT player, Wipro, reported a 1.6% decline in annual revenue in fiscal year 2026 in constant currency terms, in line with its larger rival, Tata Consultancy Services, as geopolitical uncertainties, AI-led disruptions and slow deal ramp-ups weigh on its performance

The Bengaluru-headquartered company posted an annual revenue of $10.48 billion in FY26. In the fourth quarter, revenue grew by 7.7% year-on-year and 2.9% quarter-on-quarter to Rs 24,236 crore. While Wipro reported a 12.2% sequential gain in net profit to Rs 3,502 crore,…



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Wipro Q4 net profit dips 1.9% to Rs 3,502 crore, revenue rises 8%


India’s fourth-largest IT player, Wipro, reported a 1.6% decline in annual revenue in fiscal year 2026 in constant currency terms, in line with its larger rival, Tata Consultancy Services, as geopolitical uncertainties, AI-led disruptions and slow deal ramp-ups weigh on its performance

The Bengaluru-headquartered company posted an annual revenue of $10.48 billion in FY26. In the fourth quarter, revenue grew by 7.7% year-on-year and 2.9% quarter-on-quarter to Rs 24,236 crore. While Wipro reported a 12.2% sequential gain in net profit to Rs 3,502 crore,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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