Wipro Ltd.'s revenue stood at $2,596.5 million, reflecting a subdued -1.2% QoQ / +0.8% YoY performance, impacted by macroeconomic uncertainty, lower discretionary spend and project spend going down, says IDBI Capital
(Photo source: Vijay Sartape/NDTV Profit)
At this moment, large deal wins to contribute to the topline with a drag of couple of quarters along with upfront cost. Wipro remains hopeful for a stronger H2 FY26, though seasonality may temper gains. We anticipate a muted FY26 performance, with a modest 2% topline growth projected for FY27. Margin trajectory is likely to mirror revenue trends, given the nature of new deals largely cost take-out and vendor consolidation-led, along ...