Wipro Q1 Results Today: Know Revenue & Profit Expectations, Key Things To Watch Out For | Markets News

Last Updated:July 17, 2025, 09:29 IST

Wipro is scheduled to announce its Q1FY26 results on Thursday, July 17; Key things to watch out for

Wipro

Wipro Q1 Results Today: Wipro is scheduled to announce its Q1FY26 results on Thursday, July 17. Analysts expect the IT major to report muted sequential growth in both revenue and profit, weighed down by ongoing demand weakness, particularly in key markets such as Europe. However, margins could get a slight boost from effective cost management and favourable currency movements.

According to Motilal Oswal Financial Services, Wipro’s IT services revenue in constant currency terms may decline by 2.5% QoQ, reflecting continued deterioration in client spending. In rupee terms, revenue is expected to fall by 2% QoQ, while remaining flat on a YoY basis. PAT is projected to decline 10% sequentially, although it may register a 7% YoY increase. Margins are likely to remain near 17.5%, constrained by pricing pressure and a soft revenue environment.

The brokerage also noted that client-specific issues and project ramp-downs will likely weigh on European operations, though the ramp-up of large deals and execution under new leadership could provide some relief in the second half of the fiscal. Any shifts in client appetite for transformation projects—some of which have reportedly been paused or delayed—will be closely monitored.

Phillip Capital also forecasts a decline in Wipro’s IT services revenue, estimating a 2.7% QoQ drop in constant currency. Margins may moderate slightly, while net profit is projected to fall 11.3% QoQ, but rise 5.4% YoY. The brokerage expects Wipro to guide for 0.5%–1.5% QoQ CC growth in Q2FY26 and advises investors to track management commentary on deal conversions, consulting performance, vertical trends, and margin sustainability.

Kotak Institutional Equities shares similar expectations, projecting a 2.7% QoQ decline in revenue. Adjusted PAT is expected to rise 10.2% YoY, but decline 7.3% QoQ. Kotak sees aggressive cost controls and currency tailwinds helping to maintain EBIT margins despite weak topline performance. It expects large deal TCV to come in between $1.2–1.3 billion, aided by Wipro’s recent push for big-ticket contracts.

For the September quarter, Kotak expects Wipro to guide for revenue growth in the range of (-1%) to 1% QoQ. Key investor focus areas will include: reasons behind Europe revenue weakness, positioning in vendor consolidation deals, progress on turnaround initiatives, large deal win rates, global capability centre (GCC) strategy, and how quickly Wipro can close the growth gap with peers.

Wipro Q4FY25: A Recap

In its previous quarter Q4FY25, Wipro reported a net profit of Rs 3,570 crore, marking a 25.9 per cent year-on-year (YoY) growth and a 6.4 per cent rise sequentially. However, revenue from operations during the quarter stood at Rs 22,500 crore, reflecting a modest 1.3 per cent YoY growth and 0.8 per cent sequential increase.

Aparna Deb

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

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