Wipro Limited

Wipro Limited Earnings Recaps

WIT Information Technology 1 recap
Q3 2026 Jan 17, 2026

Wipro Limited experienced a 1.4% sequential revenue growth in Q3 FY '26, driven by broad-based gains across major markets, while navigating a challenging environment underscored by AI-led transformations.

Key takeaways
  • IT Services revenue reached $2.64 billion, with a 1.4% growth in constant currency; excluding HARMAN DTS, growth was 0.6%.
  • Operating margins improved to 17.6%, reflecting a 40 basis point expansion from Q2.
  • Significant deal activity, with $3.3 billion in total contract value and $871 million in large deal bookings.
  • Successful integration of HARMAN DTS enhances engineering and AI capabilities, opening new market opportunities.
  • Guidance for Q4 projects IT services revenue growth of 0% to 2% in constant currency.
Full recap