Wipro Q1 results, July 16 -- India's fourth-largest IT services company by market capitalisation, Wipro, on Thursday, 16 July, reported a 0.65% year-on-year (YoY) rise in its consolidated profit to Rs.3,352 crore for the April-June quarter of the financial year 2026-27 (FY27). In the same quarter last year, the IT major's profit was Rs.3,330.4 crore.

Revenue from operations for the quarter rose by 10.6% YoY to Rs.24,478.6 crore compared to Rs.22,134.6 crore in the corresponding quarter of the previous financial year.

Sequentially, or on a quarter-on-quarter basis, Wipro's profit fell 4.3%, while revenue from operations inched up by 1%.

"Clients are moving beyond technology modernisation to AI-enabled operating models that improve quali...