{"id":986049,"date":"2026-01-17T09:40:57","date_gmt":"2026-01-17T04:10:57","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=986049"},"modified":"2026-01-17T10:12:05","modified_gmt":"2026-01-17T04:42:05","slug":"wipro-q3-profit-falls-7-on-labour-code-costs-revenue-sees-modest-growth","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/01\/17\/wipro-q3-profit-falls-7-on-labour-code-costs-revenue-sees-modest-growth\/","title":{"rendered":"Wipro Q3 profit falls 7% on labour code costs, revenue sees modest growth"},"content":{"rendered":"<p>BENGALURU: Wipro on Friday reported a decline in profitability for the December quarter, with consolidated net profit falling both sequentially and on a year-on-year basis due to the new labour code costs, even as the company&#8217;s revenue rose. <\/p>\n<p>The company posted a consolidated net profit of Rs 3,119 crore in Q3 FY26, down 4% QoQ and 7% YoY. Wipro said earnings were impacted by cost pressures, including expenses linked to labour code-related adjustments and restructuring. Adjusted for the impact of labour code changes, net income for the quarter stood at Rs 3,360 crore, an increase of 3.6% QoQ.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU: Wipro on Friday reported a decline in profitability for the December quarter, with consolidated net profit falling both sequentially and on a year-on-year basis due to the new labour code costs, even as the company&#8217;s revenue rose. The company posted a consolidated net profit of Rs 3,119 crore in Q3 FY26, down 4% QoQ and 7% YoY. Wipro said earnings were impacted by cost pressures, including expenses linked to labour code-related adjustments and restructuring. Adjusted for the impact of labour code changes, net income for the quarter stood at Rs 3,360 crore, an increase of 3.6% QoQ.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-986049","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/986049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=986049"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/986049\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=986049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=986049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=986049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}