News

Bengaluru-headquartered IT major Wipro on Thursday reported a net profit of Rs 3,330 crore for the quarter ended June 30, marking a 6.7 per cent quarter-on-quarter decline that was still less severe than what analysts had anticipated. Its revenue declined 1.6 per cent sequentially to Rs 22,135 crore, according to a regulatory filing. The top-line beat Street estimates.  

According to Zee Business research, Wipro was estimated to log a net profit of Rs 3,076 crore with revenue of Rs 21,858 crore for the first quarter of FY26.

The IT firm announced a dividend of Rs 5 per equity share. 

Earlier on Thursday, Wipro shares ended 0.9 per cent lower at Rs 260.3 apiece on BSE amid overall weakness in the IT basket.

The Nifty 50 declined 0.4 per cent while the Nifty IT slumped 1.4 per cent, dragged by selling pressure in stocks like Infosys and Tech Mahindra. 

Here's how Wipro has performed over the past few months, in comparison to headline and sectoral gauges: 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

LATEST NEWSBy accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.