Q1-FY24 · Thierry Delaporte
We are seeing some softness in revenues. Despite that, we have held margins steady.
WIPRO / language trends
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Wipro · tone and specificity signals across the available quarters.
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Q1-FY24 · Thierry Delaporte
We will train our entire workforce, nearly 250,000 employees, in AI.
Q1-FY24 · Thierry Delaporte
The success of this transformation becomes clearer when you consider the magnitude of this change, and when you see that we have continued to perform while we continued to transform.
Q1-FY25 · Srini Pallia
We are not still seeing a significant change in the demand environment. Clients remained cautious, and our discretionary spending continued to be muted.
Q1-FY25 · Aparna Iyer
We are confident that we can sustain our margins within a narrow band with an upward bias in the coming quarters.
Q1-FY25 · Srini Pallia
Deal tenures are definitely becoming shorter. Three year to five year deals are becoming more commonplace.
Q1-FY26 · Srini Pallia
AI is no longer a niche. It's becoming essential to how businesses operate at scale.
Q1-FY26 · Srini Pallia
We are guiding for a sequential growth of -1.0% to +1.0% in constant currency terms.
Q1-FY26 · Aparna Iyer
Our net income grew 10.9% year-on-year in Q1. This is after absorbing a one-time restructuring charge of INR 247 crores.
Q2-FY24 · Thierry Delaporte
We are winning more large deals. There's a good balance between new and renewals.
Q2-FY24 · Aparna Iyer
Our operating margins for the second quarter were 16.1%, an expansion of 100 basis points year-on-year.
Q2-FY24 · Thierry Delaporte
We are seeing a doubling of GenAI active projects than we did just one quarter ago.
Q2-FY25 · Aparna Iyer
We are pleased to share that our operating margin for the quarter was at 16.8%, an expansion of 35 basis points quarter-on-quarter and 71 basis points year-on-year. This brings us one step closer to our earlier conveyed target band of 17%-17.5%.
Q2-FY25 · Aparna Iyer
For us to bounce back to growth deterministically, Europe and APMEA also have to chip in. APMEA, we're seeing some early signs of stabilization. Europe is still work in progress.
Q2-FY25 · Srinivas Pallia
We have trained and certified over forty-four thousand employees on advanced AI, and we have a significant number of employees actively using AI developer tools across the company.
Q2-FY26 · Srinivas Pallia
Wipro Intelligence is about proof, not just promise. So we embed productivity gains, assure business outcomes, and build responsible AI guardrails for our clients.
Q2-FY26 · Aparna Iyer
Our endeavor would be to keep it in a narrow band even as we continue to invest for growth.
Q2-FY26 · Saurabh Govil
We have a very focused and purposeful approach on how can we localize. So today, nearly 80% of our U.S. employee base are locals.
Q3-FY24 · Thierry Delaporte
Our revenue growth during the quarter was at 3% in constant currency terms and 27.5% year-over-year.
Q3-FY24 · Thierry Delaporte
Our win rate has expanded 300 basis points.
Q3-FY24 · Thierry Delaporte
We have guided for a revenue growth of 2%-4%, which will translate into a full-year growth of 27%-28% year-on-year.
Q3-FY25 · Srinivas Pallia
Our operating margins came in at 17.5%, an expansion of 0.7% quarter on quarter, and 1.5% year-on-year. This is a 12-quarter high.
Q3-FY25 · Srinivas Pallia
We are early adopters of agentic AI, which will be delivering impactful results for our clients. This technology goes beyond traditional productivity assistance.
Q3-FY25 · Aparna Iyer
We've got to 17.5% that we had shared, and it's a 12-quarter high, so in some sense, we are very conscious that we should sustain it, and therefore, for Q4, we are saying that we are confident of holding it in a narrow band.
Q3-FY26 · Srini Pallia
AI is now a standing board-level mandate led by CEOs who recognize its ability to transform business models, unlock productivity, and, of course, create lasting competitive advantage.
Q3-FY26 · Aparna C. Iyer
Our operating margins at 17.6% expanded 0.4% or adjusted quarter two margins and 0.1% year-on-year. I would like to highlight that this is one of our best margin performances in the last few years.
Q3-FY26 · Srini Pallia
Our clients are bringing us in much earlier and recognizing the step change in the way we deliver and innovate.
Q4-FY24 · Srinivas Pallia
Our immediate priority is to accelerate growth.
Q4-FY24 · Srinivas Pallia
We are seeing green shoots in our consulting business.
Q4-FY24 · Aparna Iyer
The overall demand environment, we don't see a material change.
Q4-FY25 · Aparna Iyer
The guidance does bake in everything that we know as of now. The macroeconomic environment is uncertain, and that is yielding into our guidance as well.
Q4-FY25 · Srini Pallia
I can tell you one example of a client where we're doing a large transformation program for them. They asked us to pause. It was not a cancellation, but it was paused because they wanted a certainty of what's going to go.
Q4-FY25 · Saurabh Govil
We do not want a situation where we onboard people and we do not have challenges of deployment. We will keep a very close look.
Q4-FY26 · Shini
We are making a deliberate strategic pivot to stay ahead. We have launched a dedicated AI native business and platforms unit to expand beyond a services-only model to a services as a software approach.
Q4-FY26 · Aerna
Our endeavor would be to maintain these margins in a narrow band in the medium term.
Q4-FY26 · Shini
The reason for the delay is very client specific but we see that opportunity coming up sooner than later.