Wipro, LTIMindtree Q1 earnings today; here is how the stocks are faring

IT major Wipro is expected to report lower-than-expected earnings in line with its peers.

According to experts, Wipro's Q1 revenue could remain in the range of ₹22,050 to ₹22,210 crore, up 0-1.5% YoY. Sequentially, revenue could drop marginally. The company registered revenues of ₹22,504 crore in Q4FY25 and ₹21,964 crore in the same quarter last year.

Meanwhile, its consolidated net profit could increase by 7-8% YoY to ₹3,210 to ₹3,350 crore but could remain 7-10% lower sequentially. Wipro reported a net profit of ₹3,588 crore in Q4FY25 and ₹3,037 crore in the June quarter of FY25. Wipro's EBIT margin is expected to remain flat in the range of 17% to 17.6% during the quarter.

During the result announcement, investors will closely track Wipro's revenue growth guidance for upcoming quarters, new deal wins, and management’s commentary on business outlook amid US tariffs.

Ahead of the earnings, shares of Wipro were 0.63% lower at ₹261.15 apiece on the National Stock Exchange.

So far this year, Wipro shares are down 13%, along with other IT stocks, amid uncertainty around US trade tariffs.

Shares of the IT firm slumped over 2% ahead of its Q1 earnings on Thursday. Last seen, the stock was trading at ₹5,228 apiece, declining 1.86% on NSE.

The leading IT services company had reported a consolidated net profit of ₹1,128.5 crore for the quarter ended March 31, 2025 (Q4 FY25). This translates to a 3.97% rise on a sequential basis.

On a year-on-year (YoY) basis, profit grew by 2.6% against ₹1,099.9 crore logged in the year-ago period.

In US dollar terms, net profit stood at $130.6 million, up 2% QoQ and down 1.4% YoY.

For FY25, LTIMindtree’s revenue in US dollar terms came in at $4,492.5 million, up 4.8% YoY, while operating margin (EBIT) was 14.5%.