Wipro forecasts weak outlook; warns of cautious clients

BENGALURU: Amid uncertainty and macroeconomic headwinds, IT services firm Wipro expects clients to take a more measured approach, especially on large transformation programmes and discretionary spending.

Due to this, the company has guided revenue to be in the range of (-)3.5% to (-)1.5% in constant currency terms for the June Quarter (Q1FY26).

Surpassing Street estimates, it reported a 25.9% y-o-y increase in consolidated net profit at Rs 3,569.6 crore crore for the quarter ended March 2025 compared to Rs 2,835 crore in the same period last year.