Wipro Reports Annual And Quarterly Results

21 Apr 2026 CW Team

Wipro Limited reported financial results for the three months and year ended March 31, 2026. Revenues for the quarter were Rs 242,363 million (Rs 242,363 mn) and equivalent to US$2,583 mn on the company convenience translation, while revenue for the year was Rs 926,240 million (Rs 926,240 mn) or US$9,871 mn. Profit for the quarter was Rs 35,216 million (Rs 35,216 mn) and US$375 mn, with profit for the year at Rs 132,655 million (Rs 132,655 mn) and US$1,414 mn.

The company reported gross profit and results from operating activities that supported an operating margin of 17.3 per cent for the period. Results from operating activities for the quarter were Rs 41,963 million (Rs 41,963 mn) and the report noted continued contribution from IT Services across Americas, Europe and APMEA strategic market units. Segment revenues for IT Services for the quarter were reported at US$2,651 mn as per IFRS disclosure and constant currency dynamics were highlighted in reconciliations.

Cash generation remained robust with net cash from operating activities for the quarter of Rs 31,731 million (Rs 31,731 mn) and for the year of Rs 149,316 million (Rs 149,316 mn). Free cash flow was Rs 26,911 million (Rs 26,911 mn) for the quarter and Rs 134,471 million (Rs 134,471 mn) for the year. The board approved a buy-back for the value of Rs 150 billion (Rs 150 bn) and confirmed an interim dividend of Rs 11 declared earlier to be the final dividend for the financial year 2025-26.

Looking ahead, the company provided guidance for IT Services revenue in the range of US$2,597 mn to US$2,651 mn for the quarter ending June 30, 2026, representing a sequential range of negative two point zero per cent to zero per cent in constant currency. Total bookings for the year were US$16,449 mn (about US$16.4 bn) and large deal TCV for the year was US$7,829 mn (US$7.8 bn). The company noted total headcount of 242,156 and continued focus on delivery productivity and customer concentration metrics.

Real Estate

20 May 2026

WSB Invests in Omaxe for Tier II Expansion

WSB Partners, a real estate-focused investment firm, has invested Rs 750 million in Omaxe Group to support residential plotted developments in Ujjain and Indore.The investment marks WSB’s entry into Tier II markets and reflects growing institutional interest in emerging cities supported by infrastructure growth, improving affordability and rising housing demand.According to the companies, the funding will be deployed primarily as growth capital, with a portion allocated towards working capital and reserves. The investment has been undertaken alongside affiliates of WSB Partners and co-invest..

RAHSTA Awards 2026 Opens for India’s Leading Road Developers

RAHSTA (Roads and Highways Sustainable Technologies & Advancement), Asia’s leading road infrastructure platform, has officially opened nominations for the RAHSTA Awards 2026 under the Road Developers category. The awards will honour companies and organisations that are shaping India’s highway infrastructure landscape through innovation, sustainability, quality execution and efficient asset management.Scheduled alongside RAHSTA 2026 on July 8–9, 2026 at the Jio World Convention Centre, Mumbai, the awards have emerged as one of the most respected recognitions for the roads and highways..

Railways To Sell 10 per cent In PSUs To Raise Rs Two Point Six Two tn

The railway ministry has outlined a plan to sell up to 10 per cent stakes in several public sector undertakings as part of a broader asset monetisation drive. The move is designed to unlock value and generate funds for capital expenditure and network modernisation. The programme targets private participation through offer for sale and minority stake divestments across operating and finance entities. The initiative follows previous asset recycling efforts and seeks to capture market interest for strategic holdings. The target for the exercise is Rs two point six two trillion (tn) to be realised..