Mumbai, July 17 -- However, revenue from operations increased 1.64% to Rs 22,134.6 crore in Q1 FY26 as against Rs 22,504.2 crore reported in Q4 FY25.

On a year-on-year (YoY) basis, the IT firm's net profit grew 10.9%, while revenue rose 0.78% in Q1 FY26.

Profit before tax was at Rs 4,258.3 crore during the quarter, down 10.29% quarter on quarter (QoQ) but up 5.89% year on year (YoY).

In dollar terms, Wipro's gross revenue for Q1 FY26 stood at $2,581.6 million, registering a 1.6% decrease QoQ and a 0.8% rise YoY. The revenue from its IT services segment was $2,587.4 million, marking a decline of 2.0% QoQ and 2.3% YoY.

In Q1 FY26, Wipro's IT services segment reported an operating margin of 17.3%, contraction of 0.2% QoQ, and

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