Revenue up 3.8% even as profitability takes a hit| Business News

Wipro Ltd. grew is a seasonally weak quarter for India’s IT services industry, even as profitability took a hit due to costs related to the new labour codes.

Wipro CEO Srinivas Pallia. (Bloomberg)
Wipro CEO Srinivas Pallia. (Bloomberg)

Revenue of India’s fourth-largest IT services firm rose 3.8% over the previous quarter to 23,556 crore in the three months ended 31 December 2025, as per an exchange filing on Friday.

Wipro Q3 Results FY26 (Consolidated, QoQ)

  • Revenue up 3.8% at 23,556 crore
  • EBIT down 5.1% at 3,491 crore
  • EBIT margin down 140 bps at 14.8%
  • Net profit down 7% at 3,119 crore

The company has announced an interim dividend of 6/share.

This is a developing story. More to come.

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