Wipro posted a net profit of Rs 3,569.6 crore for the March 2025 quarter, marking a 6.4 per cent sequential rise, even as revenue growth remained flat. The company’s gross revenue stood at Rs 22,504.2 crore, up marginally from the previous quarter. Operating margins came in at 17.5 per cent, expanding by 110 basis points on a yearly basis.
However, the company’s IT services revenue fell 1.2 per cent quarter-on-quarter to $2.6 billion, and declined 2.3 per cent year-on-year. In constant currency terms, it dipped 0.8 per cent sequentially.
On the brighter side, total bookings rose 13.4 per cent sequentially to $3.96 billion, while large deal wins surged 48.5 per cent year-on-year to $1.76 billion. Operating cash flows remained healthy at Rs 3,746.5 crore, accounting for over 104 per cent of net income.
Wipro also announced that its Rs 6 per share interim dividend will now be considered the final dividend for FY25.
The results reflect Wipro’s efforts to stabilise its core business amid ongoing global IT spending cuts. The company’s robust deal pipeline offers comfort even as revenue pressure continues.
More to come…
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