Wipro Limited — Updates, 17-07-2025: Press Release

Wipro delivered mixed financial results for the recent quarter. Gross revenue was ₹22,130 Cr, with Net Income at ₹3,330 Cr. Despite a 2.3% constant currency revenue decrease YoY, net income grew 10.9% YoY. A key highlight was strong deal wins: total bookings hit $4.97 billion, up 50.7% YoY, driven by large deals at $2.67 billion, soaring 130.8% YoY. Operating margin expanded to 17.3%. The company projects IT Services revenue for the next quarter to be $2,560-$2,612 million, a sequential change of -1.0% to +1.0% in constant currency. AI-led solutions dominated strategic deals, reflecting client focus on efficiency. Operating cash flow remained robust at 123.2% of net income.