Bengaluru (Karnataka) [India], July 17 (ANI): Technology services and consulting company Wipro on Thursday announced its financial results for the quarter ended June 30, 2025, reporting gross revenue of Rs 221.3 billion (USD 2,581.6 million), a decrease of 1.6 per cent quarter-on-quarter but an increase of 0.8 per cent year-on-year.
The IT services segment revenue stood at USD 2,587.4 million, down 0.3 per cent QoQ and 1.5 per cent YoY. The IT services operating margin for the quarter was 17.3 per cent, contracting 0.2 per cent QoQ but expanding 0.8 per cent YoY.
Net income for the quarter was Rs 33.3 billion (USD 388.4 million), marking a 6.7 per cent QoQ decline but a 10.9 per cent increase YoY.
Srini Pallia, CEO and Managing Director, said, “In a quarter shaped by macroeconomic uncertainty, clients prioritised efficiency and cost optimisation. We partnered closely with them to address these needs, resulting in 16 large deals, including two mega deals. Building on the momentum from last quarter and supported by a strong pipeline, we are well-positioned for the second half. AI is no longer experimental — it’s central to our clients’ strategies, and we are delivering real impact at scale.”
Aparna Iyer, Chief Financial Officer, said, “We expanded our operating margins by 80 basis points on a YoY basis. Our cash flow conversion remained strong with operating cash flows at 123 per cent of our net income. The board also declared an interim dividend of INR 5 per share. With this, the total cash returned to shareholders over the last six months is more than USD 1.3 billion.”
Wipro said it expects revenue from the IT services business segment to be in the range of USD 2,560 million to USD 2,612 million in the July–September quarter, translating to sequential guidance of (-) 1.0 per cent to 1.0 per cent in constant currency terms.
Wipro employs over 230,000 people and business partners across 65 countries. (ANI)
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