Wipro net profit rises 26%, but warned of weak quarter ahead amid global uncertainties

IT major Wipro on Wednesday reported a 25.9 per cent year-on-year rise in consolidated net profit for the March quarter to ₹3,569.6 crore but warned of a weak quarter ahead with up to a 3.5 per cent expected drop in IT services revenue for Q1FY26, amid global uncertainties.

Wipro CEO and managing director Srini Pallia said clients remain cautious in the face of macroeconomic uncertainty. However, Pallia assured that Wipro is focused on partnering closely with them, while keeping its gaze on consistent and profitable growth.