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The Hindu·3 min read·medium

Wipro posts a flat Q1 bottom-line at ₹3,352 cr; maintains a muted outlook for upcoming quarter

M
Mini Tejaswi
Wipro posts a flat Q1 bottom-line at ₹3,352 cr; maintains a muted outlook for upcoming quarter
AI Summary

Wipro reported flat net profits of ₹3,352 crore for Q1 FY27 despite an 11% revenue increase. The company maintains a cautious outlook due to macroeconomic uncertainty and reduced discretionary spending by global clients.

Wipro, the country’s third lead tech player, on Thursday reported an almost flat net profit of ₹3,352 crore; even as revenues were on the rise in the June quarter.

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