Wipro started FY26 on a steady note, posting a ₹3,330 crore profit in Q1 — up 11% from last year. The boost came mainly from trimming expenses and benefiting from favorable currency movements. However, revenue didn’t move much, staying around ₹22,135 crore. The company booked big deals worth $5 billion, but its outlook for the next quarter feels cautious. CEO Srini Pallia is still hopeful about a stronger second half. AI is now a key focus, and Wipro plans to hire 10,000 freshers this year. They also declared a ₹5 dividend, keeping up with their promise of regular payouts.
Credit: YourStory