Wipro signals weak start to FY26
By
Binu Mathew
The country’s fourth-largest IT services firm, Wipro on Wednesday, beat analyst expectations on the profit front in the January-March quarter, but failed to meet revenue estimates, highlighting continued demand weakness in the global IT services sector.
While the company’s bottom line improved sequentially, the topline performance and its muted guidance for the first quarter of FY26 point to ongoing macroeconomic challenges and client caution.