Wipro (WIT) Stock News

Wipro (NYSE: WIT) has expanded its partnership with CrowdStrike to launch Wipro CyberShieldSM MDR, an AI-powered unified managed security service. The new solution, powered by CrowdStrike Falcon® Next-Gen SIEM, aims to enhance threat visibility and strengthen enterprise security operations.

The service will be managed from eight Cyber Defense Centers globally, integrating Wipro's security ecosystem including portfolio companies Simbian and Tuskira. The platform combines native Falcon capabilities with real-time threat intelligence and AI automation to improve threat detection and response across enterprises.

Wipro Limited (NYSE: WIT) has announced a strategic acquisition of HARMAN's Digital Transformation Solutions (DTS) business unit, marking a significant expansion of its engineering research & development (ER&D) capabilities. The transaction will bring over 5,600 DTS employees across the Americas, Europe, and Asia to Wipro.

The acquisition strengthens Wipro's position in digital engineering and ER&D services, particularly in AI-powered solutions, domain-led design, connected products, and software platforms. The deal includes a multi-year strategic agreement with HARMAN and Samsung, expected to close by December 31, 2025.

DTS will be integrated into Wipro's Engineering Global Business Line, enhancing the company's presence across technology, industrial, aerospace, healthcare, and consumer industries.

Wipro (NYSE: WIT) announced its Q1 FY2026 financial results, reporting mixed performance metrics. The company secured large deal bookings of $2.7 billion, representing a significant 131% YoY growth, with total bookings reaching $5.0 billion.

Key financial highlights include a 10.9% YoY increase in net income to $388.4 million, while revenue decreased 2.3% YoY in constant currency terms. The company achieved an operating margin of 17.3%, expanding 0.8% YoY, and reported strong operating cash flows at 123.2% of net income. The company declared an interim dividend of Rs 5 per share.

For Q2 FY2026, Wipro expects IT Services revenue between $2,560-2,612 million, projecting a sequential growth range of -1.0% to 1.0% in constant currency terms.

Wipro Limited (NYSE: WIT), an AI-powered technology services and consulting company, has scheduled its Q1 FY2026 earnings announcement for July 17, 2025, after Indian market hours. The company will host a conference call at 7:00 PM IST (9:30 AM ET) where senior management will discuss quarterly performance and address investor questions.

The earnings results will be accessible through Wipro's investor relations website. Investors can participate via webcast or through various international dial-in numbers. A replay of the call will be available until July 24, 2025, through dedicated playback numbers in India and the USA.

Wipro (WIT) and Tech Mahindra have joined Aduna's partner ecosystem to accelerate the adoption of network APIs globally. As Global System Integrators (GSIs), they will integrate Aduna's harmonized network APIs including SIM Swap, Number Verification, Device Location, and Quality on Demand into enterprise transformation initiatives. The partnership aims to bridge the gap between telecom capabilities and enterprise systems across industries like financial services, manufacturing, logistics, and public sector. The collaboration will focus on supporting Communication Service Provider onboarding, developing industry-specific use cases, facilitating global API rollout, and helping enterprises integrate network APIs into cloud-native environments and security solutions.

Wipro Limited (NYSE: WIT) has announced the filing of its Annual Report on Form 20-F for the fiscal year ended March 31, 2025, with the U.S. Securities and Exchange Commission. The report, filed on May 22, 2025, contains financial statements prepared according to International Financial Reporting Standards (IFRS). The technology services and consulting company has made the report available on its website for American Depository Shares (ADS) holders instead of physical distribution. In compliance with NYSE rules, physical and email copies will be provided free of charge to ADS holders upon request.

Wipro Limited has released a report titled 'The AI Advantage: Building Tomorrow's Insurance Enterprise' revealing significant AI investment trends in the U.S. insurance sector. The study, based on responses from 100 business leaders at insurance companies with $500M+ revenue, shows that 81% of firms plan to increase AI spending next year, with AI budgets expected to more than double from 8% to 20% in 3-5 years. While 92% of respondents view AI as crucial for competitive advantage, particularly in customer experience, the adoption shows a divide between larger and smaller firms. The report highlights that 46% have extensively implemented AI in underwriting, with 68% expecting enhanced risk assessment accuracy. However, challenges persist, including integration with legacy systems (71% of firms) and risk management, with 21% of insurers lacking formal AI usage policies. Companies are responding by investing in workforce upskilling (47%) and strengthening cross-functional collaboration (41%).

Wipro Limited (NYSE: WIT) has announced the relocation of its Middle East regional headquarters from Al Khobar to Riyadh, Saudi Arabia. The technology services company's new office strengthens its regional presence, which includes locations in Riyadh, Al Khobar, Jeddah, and Jubail. Alongside this expansion, Wipro has signed an MoU with Prince Mohammad Bin Fahd University to establish a Center of Excellence in Riyadh, focusing on upskilling local Saudi talent in advanced technologies. The company has also appointed Mohamed Mousa as Managing Director for Wipro Middle East, operating from the new Riyadh headquarters. This strategic move aligns with Saudi Vision 2030's objectives and aims to contribute to the Kingdom's growing digital economy.

Wipro Limited (NYSE: WIT) has secured a significant multiyear contract with Entrust, a leader in identity-centric security solutions. The partnership focuses on leveraging Wipro's AI-powered solutions and industry expertise to accelerate Entrust's growth strategy. Key aspects include product development, infrastructure modernization, and application enhancement. Wipro will implement Gen AI solutions to improve self-service capabilities, enhance user experiences, and reduce support response times. The collaboration aims to strengthen application security through advanced analytics, boost productivity, enhance employee satisfaction, and optimize IT operations costs. The partnership, initially disclosed in Wipro's Q3 2024 financial results without naming Entrust, represents a strategic alignment between both companies' values of innovation, collaboration, and integrity.