Wipro Q1'27 Revenue Up 0.9% YoY in CC, Large Deals Hit $1.6 Bn

Wipro Limited announced its financial results for the quarter ended June 30, 2026. Gross revenue saw a 1.0% increase QoQ and 10.6% YoY, reaching ₹244.8 billion ($2,585.9 million). The IT services segment revenue was $2,614.5 million, up 1.0% YoY. Large deal bookings were strong at $1,626 million, a 12.9% increase QoQ in constant currency, with 13 large deals secured. Net income grew 0.6% YoY to ₹33.6 billion ($354.6 million). Operating cash flow was robust at 98% of net income. The company expects IT services revenue for the quarter ending September 30, 2026, to be between $2,574 million and $2,627 million. Wipro declared an interim dividend of ₹2 per equity share.