Wipro Q1 Results: IT major to release numbers on THIS date, may announce dividend as well

In its filing to the BSE, Wipro said the next meeting of the Board of Directors will be held over July 16-17, 2025, to consider and approve the following:

• the condensed, audited standalone and consolidated financial results of the company under IndAS for the quarter ended June 30, 2025.

• the condensed, audited, consolidated financial results of the company under IFRS for the quarter ended June 30, 2025.

• declaration of an interim dividend, if any, for the financial year 2025-26.

The financial results will be approved by the board on the evening of July 17, 2025.

Wipro further said that the trading window for dealing in the securities of the company is closed from June 16, 2025, till the close of July 19, 2025 (both days inclusive).

About Wipro

Wipro Limited is one of the leading technology services and consulting companies focused on building innovative solutions that address clients’ most complex digital transformation needs.

The company has a holistic portfolio of capabilities in consulting, design, engineering, and operations. The company has over 2,30,000 employees and business partners across 65 countries.

It is headquartered in Bengaluru. Srini Pallia is the current CEO of the IT services firm.

IT Sector Q1 FY26 Preview

Top Indian IT companies are expected to post a "modest" Q1 FY26, hurt by sluggish demand in various verticals, such as consumer and manufacturing segments, but mid-tier firms should fare better, note analysts.

According to a PTI report, analysts say that the huge cross-currency tailwind in the quarter will result in strong US dollar growth sequentially in terms of revenue.

Companies are also expected to maintain their full-year FY26 guidance amid the ongoing global economic uncertainty.

"Factors such as US tariff measures and broader macroeconomic challenges may limit discretionary spending, but demand deterioration has been lower than expected at the start of the quarter," PTI reported, quoting analysts.

"The deal pipeline remains robust, particularly in areas like cost optimisation, infrastructure modernisation, and AI initiatives," the report said further.

The IT earnings season opens on Thursday (July 10) with results from Tata Consultancy Services (TCS), followed by HCL Tech on July 14 and Tech Mahindra as well as L&T Technology Services on July 16.

LTIMindtree is scheduled to announce Q1 numbers on July 17, while Infosys will declare its numbers on July 23.

Outlook for FY26

Credit rating agency ICRA has reaffirmed a stable outlook for the Indian IT services industry, forecasting a year-on-year revenue growth of 2-3% in US dollar terms for the fiscal year 2025-26.

ICRA's analysis, based on a sample of 15 leading IT companies representing approximately 60% of the industry's revenue, indicates that the sector will experience modest revenue growth of 2–3% in FY2026, slightly lower than the 2.9% growth recorded in FY25.

The subdued earnings momentum is largely attributed to uncertainties stemming from the US tariff imposition, which is expected to weigh on IT budget allocations in key markets.

"Notwithstanding some recovery in operating income rise in recent quarters, the Indian IT services industry is unlikely to witness any material uptick in earnings momentum in FY2026 owing to the uncertainties arising due to US tariff imposition," ICRA said.