Wipro, a technology services and consulting business, released its financial results for the quarter that ended on June 30, 2025, on Thursday in Bengaluru. Gross income for the firm was Rs 221.3 billion (USD 2,581.6 million), which represents a 1. 6% decline from the previous quarter and a 0.8% gain from the prior year.
The IT services segment had revenue of $2,587.4 million, which was 0.3% less QOQ and 1.5% less YOY.
The IT services operating margin for the quarter was 17.3%, a 0.2% drop from the prior quarter and an 0.8% increase from the same period last year.
The net income for the quarter was Rs 33.3 billion (USD 388.4 million), a 10.9% rise year over year and a 6.7% decline quarter over quarter.
According to Srini Pallia, CEO and Managing Director, clients focused on efficiency and cost optimization during a quarter marked by macroeconomic uncertainty. We are well positioned for the second half because we have a solid pipeline and built on the momentum from the previous quarter. We worked closely with them to meet these needs, which led to 16 significant agreements, including two mega agreements. We are having a genuine impact at scale, and AI is now at the heart of our clients' strategies rather than merely an experiment.
We increased our operating margins by 80 basis points year over year, according to Chief Financial Officer Aparna Iyer. Operating cash flows were 123% of our net income, indicating that our cash flow conversion remained robust. Additionally, the board announced an interim dividend of INR 5 for each share. This brings the total amount of cash returned to shareholders in the previous six months to over USD 1.3 billion.
According to Wipro, the JulySeptember quarter should see income from the IT Services sector fall between USD 2,560 million and USD 2,612 million. This translates to a sequential guidance of (-) 1.0 percent to 1.0 percent in constant currency terms.
Wipro employs more than 230,000 people and business partners in 65 nations.
