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Wipro (WIT) Stock News

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Welcome to our dedicated page for Wipro news (Ticker: WIT), a resource for investors and traders seeking the latest updates and insights on Wipro stock.

Wipro Limited reports developments as an India-based, AI-powered technology services and consulting company with American depositary receipts traded under WIT. Recurring updates cover IFRS financial results, IT Services segment revenue, bookings, operating margin, dividend and buyback matters, and governance items tied to its listings in India and on the New York Stock Exchange.

Company news also covers enterprise technology modernization engagements and software-delivery partnerships. Wipro’s AI-related offerings include Wipro Intelligence™, WEGA and WINGS, which are used in client programs involving application modernization, automation, agent-native development, cloud operations, customer experience and digital transformation across global enterprise sectors.

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Wipro (WIT) and CrowdStrike (CRWD) launched a joint CISO Command Center to help enterprises manage AI-accelerated cyber risks through a risk-led operating model.

The offering combines Wipro’s consulting and Wipro Intelligence solutions with the CrowdStrike Falcon platform to provide unified endpoint, cloud, exposure and AI security, integrated through a modern Security Operations Center.

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Wipro (WIT) has renewed and expanded its long-standing Digital Workplace Services contract with ABB, under which it will continue delivering AI-enabled workplace solutions for ABB’s global operations.

The engagement uses Wipro Intelligence™, AI Live Workspace™, Digital Workplace Services and WINGS, Wipro’s AI-powered delivery platform, to modernize ABB’s digital workplace with experience-centric, AI-led capabilities. Through SmartOps, Wipro’s AIOps capability, the services will emphasize autonomous and predictive support, including GenAI-powered self-service, virtual agents, auto-remediation and AI-assisted dispatch. Wipro will also use telemetry and usage insights to optimize device lifecycle management and strengthen endpoint security, supporting ABB’s digital transformation and sustainability ambitions. The deal was previously included in Wipro’s financial results release for the year ended March 31, 2026.

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Wipro (NYSE: WIT) announced an enhanced partnership with Databricks to help enterprises modernize data foundations and scale AI adoption. Wipro has created a dedicated Databricks business practice that combines Databricks’ agentic AI, data modernization, and analytics with Wipro Intelligence™ and the WEGA delivery platform.

The practice focuses on industry-specific AI solutions across banking, healthcare, telecom, manufacturing, energy, and CFO transformation, and builds on more than 300 agentic AI and data use cases. It was recognized by Databricks with the 2025 Banking Partner of the Year and 2026 Innovation Partner of the Year awards.

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Wipro (NYSE: WIT) reported Q1’27 results for the quarter ended June 30, 2026, with gross revenue of Rs 244.8 billion ($2,585.9 million), up 1.0% QoQ and 10.6% YoY. IT Services revenue was $2,614.5 million, down 1.4% QoQ but up 1.0% YoY; in constant currency, it declined 1.2% QoQ and rose 0.9% YoY.

IT Services operating margin was 16.0%, decreasing 1.3 percentage points QoQ and 1.2 percentage points YoY. Net income was Rs 33.6 billion ($354.6 million), down 4.7% QoQ and up 0.6% YoY, with EPS at Rs 3.20 ($0.031) following similar trends. Operating cash flow reached Rs 32.9 billion ($348 million), 98% of net income, up 3.6% QoQ. Large deal bookings were $1,626 million, up 12.9% QoQ in constant currency, while total bookings were $3,370 million, down 2.4% QoQ in constant currency.

Wipro declared an interim dividend of Rs 2 ($0.021) per share/ADS and indicated that, including this and prior payouts over the past year, more than $3 billion has been returned to shareholders. For Q2’27, Wipro guides IT Services revenue to $2,574–$2,627 million, implying sequential constant-currency growth between -1.5% and +0.5%. The company also highlighted multiple multi-year strategic, AI-led deal wins across technology, healthcare, insurance, chemicals, energy, and retail, alongside numerous analyst recognitions as a leader in various digital and cloud service assessments.

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Wipro (NYSE:WIT) will announce results for the first quarter ended June 30, 2026, on July 16, 2026, after Indian market hours. Results will be posted in the Investors section of Wipro’s website.

A management conference call and webcast will be held at 7:00 PM IST (9:30 AM ET), with global dial-in and replay options.

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Capco, a Wipro (NYSE:WIT) company, was recognized by OpenAI for AI innovation and responsible AI leadership. It received the AI Governance & Risk Excellence Award at the OpenAI Partner Summit 2026 in San Francisco.

Capco’s UK AI Lab also won the OpenAI Codex Hackathon with its Sentra retail banking solution.

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Wipro (NYSE:WIT) completed a large-scale, multi-year data center migration program for METRO AG, a global food wholesaler. The engagement shifted METRO from legacy data centers to a resilient, scalable multi-cloud ecosystem, strengthening cybersecurity and digital capabilities.

The program introduces AI-driven automation and engineering using Wipro Intelligence™ and Google Cloud, aiming to improve operational efficiency, software quality, decision-making, and support METRO’s ambition to become an AI-first company.

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Wipro (NYSE:WIT) filed its Annual Report on Form 20-F for the year ended March 31, 2026 with the U.S. SEC on June 2, 2026 (U.S. time). The IFRS-based financial statements are available online for ADS holders instead of physical distribution.

According to Wipro, physical and email copies of the Form 20-F will be provided at no cost to ADS holders upon request.

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Wipro (NYSE: WIT) reported FY'26 gross revenue of Rs 926.2 billion ($9.9B), a 4.0% YoY increase, with IT services revenue at $10,478.1M (down 0.3% YoY). IT services margin expanded to 17.2% for FY'26. The Board approved a Rs 150 billion buyback (5.7% shares) at Rs 250/share, subject to shareholder approval. Q4 revenue was Rs 242.4B; adjusted net income rose 3.7% QoQ. Guidance for Q1FY27 IT services is $2,597M–$2,651M (‑2.0% to 0% cc).

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Wipro Hydraulics (WIT) signed a definitive agreement to acquire Indeco Ind Spa, combining Wipro’s hydraulic cylinders with Indeco’s hydraulic attachments.

The move unites two 50‑year engineering legacies, expands manufacturing and distribution footprint, and keeps the Vitulano family operationally involved.

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FAQ

What is the current stock price of Wipro (WIT)?

The current stock price of Wipro (WIT) is $1.69 as of September 12, 2026.

What is the market cap of Wipro (WIT)?

The market cap of Wipro (WIT) is approximately 16.7B.