STOCK TITAN

Wipro Limited (NYSE: WIT) ends ₹150,497M buyback and posts ₹33,563M profit

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Form Type
6-K

Rhea-AI Filing Summary

Wipro Limited reported audited results for the quarter ended June 30, 2026 and approved an interim dividend and a completed buyback. Consolidated revenue from operations was ₹244,786 million and profit for the period was ₹33,563 million, with basic earnings per share of ₹3.20 under Ind AS and IFRS. Total consolidated comprehensive income was ₹38,804 million under Ind AS.

On a standalone basis, revenue from operations was ₹184,182 million and profit for the period was ₹28,657 million, with basic earnings per share of ₹2.74. The Board completed a buyback of 600,000,000 equity shares (5.7% of the March 31, 2026 capital) at ₹250 per share, resulting in a cash outflow of ₹150,497 million and a reduction in paid-up equity share capital of ₹1,200 million. An interim dividend of ₹2 per equity share of par value ₹2, with record date July 27, 2026, will be paid on or before August 14, 2026.

Positive

  • None.

Negative

  • None.
Consolidated revenue from operations ₹244,786 million Three months ended June 30, 2026, consolidated Ind AS/IFRS
Consolidated profit for the period ₹33,563 million Three months ended June 30, 2026
Consolidated basic EPS ₹3.20 Three months ended June 30, 2026, equity shares of par value ₹2
Standalone revenue from operations ₹184,182 million Three months ended June 30, 2026
Shares bought back 600,000,000 shares Buyback approved April 16, 2026 and concluded June 24–25, 2026
Buyback price per share ₹250 per equity share Tender offer buyback of fully paid-up equity shares of ₹2 each
Total buyback cash outflow ₹150,497 million Includes ₹497 million transaction costs for the buyback
Interim dividend per share ₹2 per equity share Interim dividend declared July 16, 2026, record date July 27, 2026
Ind AS 34 financial
"in accordance with the recognition and measurement principles laid down in the Ind AS 34"
IAS 34 financial
"principles laid down in the International Accounting Standard 34 “Interim Financial Reporting”"
IAS 34 is an international accounting standard that requires companies to prepare interim financial reports—shorter updates like quarterly or half‑year statements—showing condensed but reliable information on profit, assets and cash flow between annual reports. It matters to investors because these regular snapshots make it easier to spot trends, risks or improvements sooner than waiting for a full-year report, much like checking a progress report between school terms to track performance and momentum.
Buyback Regulations regulatory
"in accordance with the provisions contained in the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018"
capital redemption reserve financial
"capital redemption reserve (included in other reserves) of ₹ 1,200 has been created"
Strategic Market Units financial
"organized by four Strategic Market Units (“SMUs”) - Americas 1, Americas 2, Europe and APMEA"

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FAQ

What were Wipro Limited (WIT) consolidated revenues for the quarter ended June 30, 2026?

For the quarter ended June 30, 2026, Wipro reported consolidated revenue from operations of ₹244,786 million. Total income, including other income, was ₹254,576 million, reflecting the audited consolidated results prepared under Ind AS and IFRS for the group.

What profit did Wipro Limited (WIT) generate in the June 30, 2026 quarter?

Wipro recorded consolidated profit for the period of ₹33,563 million for the three months ended June 30, 2026. Basic earnings per share for the quarter were ₹3.20, with total consolidated comprehensive income of ₹38,804–38,797 million depending on the reporting framework.

What buyback did Wipro Limited (WIT) complete in the June 2026 quarter?

Wipro concluded a buyback of 600,000,000 equity shares of ₹2 each at ₹250 per share. The transaction resulted in a total cash outflow of ₹150,497 million, reduced paid-up equity share capital by ₹1,200 million, and used share premium and retained earnings.

What interim dividend did Wipro Limited (WIT) declare in July 2026?

The Board declared an interim dividend of ₹2 per equity share (U.S.$ 0.02 per share and ADR) of par value ₹2. Shareholders of record on July 27, 2026 will receive payment on or before August 14, 2026 as approved by the Board.

How did Wipro Limited (WIT) standalone results compare in the June 30, 2026 quarter?

On a standalone basis, Wipro reported revenue from operations of ₹184,182 million and profit for the period of ₹28,657 million. Standalone basic earnings per share were ₹2.74, with total standalone comprehensive income of ₹34,133 million for the three-month period.

How was Wipro Limited (WIT) buyback funded in the June 2026 quarter?

The completed buyback used ₹8,457 million from share premium and ₹141,543 million from retained earnings. A ₹1,200 million capital redemption reserve was created, representing the nominal value of shares bought back, and paid-up equity share capital reduced by the same amount.
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the month of July 2026

Commission File Number 001-16139

 

 

Wipro Limited

(Translation of Registrant’s name into English)

 

 

Doddakannelli

Sarjapur Road

Bengaluru, Karnataka 560035, India +91-80-2844-0011

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒   Form 40-F ☐

 

 
 


OUTCOME OF BOARD MEETING

Wipro Limited, a company organized under the laws of the Republic of India (the “Company”), hereby furnishes the Commission with the following information relating to the outcome of the meeting of the Board of Directors of the Company (the “Board”) held over July 15-16, 2026. The following information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

On July 16, 2026, the Company informed the stock exchanges in India on which its securities are listed and the New York Stock Exchange (together, the “Exchanges”) that the Board approved an interim dividend of  2/- (Rupees Two only) per equity share of par value  2/- (Rupees Two only) each to the Members of the Company as of the record date of July 27, 2026, the payment of which will be made on or before August 14, 2026. The Company also informed the Exchanges that the Board approved the financial results of the Company for the quarter ended June 30, 2026. A copy of such letter to the Exchanges is attached hereto as Item 99.1.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Wipro Limited

/s/ M. Sanaulla Khan

 

M. Sanaulla Khan

Senior Vice President and Company Secretary

Dated: July 20, 2026


INDEX TO EXHIBITS

 

Item     
99.1    Letter to the Exchanges dated July 16, 2026.

Exhibit 99.1

 

LOGO

July 16, 2026

The Manager - Listing

National Stock Exchange of India Limited

(NSE: WIPRO)

The Manager - Listing

BSE Limited

(BSE: 507685)

The Market Operations

NYSE, New York

(NYSE: WIT)

Dear Sir/Madam,

Sub: Outcome of Board Meeting

The Board of Directors (“Board”) of Wipro Limited (“Company”), have at their meeting held over July 15-16, 2026, considered and approved the following:

 

  1.

Financial results of the Company for the quarter ended June 30, 2026, as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

 

  2.

Payment of interim dividend of  2 per equity share of par value  2 each to the Members of the Company as on July 27, 2026, being the Record Date. The payment of Interim Dividend will be made on or before August 14, 2026.

Please find enclosed the Audited Standalone and Consolidated financial results under lndAS and Audited Consolidated financial results under IFRS for the quarter ended June 30, 2026, together with the Auditor’s Report, as approved by the Board today. The financial results are also being made available on the Company’s website at www.wipro.com.

The Board Meeting commenced on July 15, 2026 at 3:45 PM. The Board of Directors finally approved the financial results for the said period at their meeting held on July 16, 2026, which concluded at 3:40 PM.

Thanking You,

For Wipro Limited

M Sanaulla Khan

Company Secretary

 

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LOGO     

Chartered Accountants

13 to 22nd floor, Prestige

Trade Tower, 46, Palace

Road, Sampangiram Nagar,

Bengaluru Urban

Bengaluru-560001

Karnataka, India

 

Tel: +91 806 188 6000

Fax: +91 806 188 6011

INDEPENDENT AUDITOR’S REPORT ON THE AUDIT OF STANDALONE FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF WIPRO LIMITED

Opinion

We have audited the accompanying Statement of Standalone Financial Results of WIPRO LIMITED (“the Company”), for three months ended June 30, 2026 (the “Statement”/ “Standalone Financial Results”), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “LODR Regulations”).

In our opinion and to the best of our information and according to the explanations given to us, the Standalone Financial Results:

 

a.

are presented in accordance with the requirements of Regulation 33 of the SEBI LODR Regulations, 2015 as amended ; and

 

b.

gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”) prescribed under section 133 of the Companies Act 2013 (“the Act”) read with relevant rules issued thereunder and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information of the Company for the three months ended June 30, 2026.

Basis for Opinion

We conducted our audit of the Standalone Financial Results in accordance with the Standards on Auditing (“SAs”) specified under Section 143( 10) of the Act. Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Standalone Financial Results section below. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (“ICAI”) together with the ethical requirements that are relevant to our audit of the Standalone Financial Results under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethica l responsibilities in accordance with these requirements and the ICAI’s Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion.

Management’s and Board of Directors’ Responsibilities for the Statement

This Statement, which is the responsibility of the Company’s Board of Directors, and has been approved by them for the issuance. The Statement has been compiled from the related audited Interim Condensed Standalone Financial Statements for the three months ended June 30, 2026. The Company’s Board of Directors are responsible for the preparation and presentation of the Standalone Financial Results that give a true and fair view of the net profit/loss and other comprehensive income and other financial information

Regd. Office: One International Center, Tower 3, 32nd Floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai-400 013, Maharashtra, India. Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: AAB-8737


LOGO

 

of the Company in accordance with the recognition and measurement principles laid down in the Ind AS 34 prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the LODR regulation. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Standalone Financial Results that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the Standalone Financial Results, the Management and Board of Directors is responsible for assessing the Company’s ability, to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors is also responsible for overseeing the financial reporting process of the company.

Auditor’s Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the Standalone Financial Results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Standalone Financial Results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

 

   

Identify and assess the risks of material misstatement of the Standalone Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls.

 

   

Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on effectiveness of such controls.

 

   

Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors and Management.

 

   

Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the LODR Regulations.


LOGO

 

   

Conclude on the appropriateness of the Board of Director and Management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as a going concern.

 

   

Evaluate the overall presentation, structure and content of the Standalone Financial Results, including the disclosures, and whether the Standalone Financial Results represent the underlying transactions and events in a manner that achieves fair presentation .

 

   

Obtain sufficient appropriate audit evidence regarding the Standalone Financial Results of the Company to express an opinion on the Standalone Financial Results.

Materiality is the magnitude of misstatements in the Standalone Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Standalone Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Standalone Financial Results.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal financial controls that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

 

For DELOITTE HASKINS & SELLS LLP
Chartered Accountants
(Firm’s Registration No. 117366W/W- 100018)
/s/ Anand Subramanian
Anand Subramanian
Partner
(Membership No. 110815)
UDIN:        

Bengaluru, July 16, 2026


WIPRO LIMITED

CIN- L32102KA1945PLC020800 ; Registered Office : Wipro Limited, Doddakannelli, Sarjapur Road,

Bengaluru-560035, India

Website : www.wipro.com ; Email : info@wipro.com ; Tel:+91-80-2844 0011; Fax : +91-80-2844 0054

AUDITED STANDALONE FINANCIAL RESULTS FOR THE THREE MONTHS

ENDED JUNE 30, 2026 UNDER Ind AS

( in millions, except share and per share data, unless otherwise stated)

 

          Three months ended      Year ended  
    

Particulars

   June 30, 2026      March 31, 2026      June 30, 2025      March 31, 2026  
  

Income

           

I

   Revenue from operations      184,182        183,628        171,954        713,451  

II

   Other income      8,674        7,861        20,423        47,491  
     

 

 

    

 

 

    

 

 

    

 

 

 

III

  

Total Income (l+II)

     192,856        191,489        192,377        760,942  
     

 

 

    

 

 

    

 

 

    

 

 

 

IV

   Expenses            
    a) Purchase of stock-in-trade      129        1,150        268        3,352  
    b) Changes in inventories of stock-in-trade      87        205        134        148  
  

 c) Employee benefits expense

     98,563        96,853        94,992        388,809  
  

 d) Finance costs

     3,201        2,918        2,461        10,959  
  

 e) Depreciation, amortisation and impairment expense

     3,594        3,488        3,621        14,182  
  

 f) Sub-contracting and technical fees

     35,358        33,564        31,081        126,442  
  

 g) Facility expenses

     3,263        3,229        3,356        12,542  
  

 h) Travel

     3,390        3,048        3,201        11,447  
  

 i) Communication

     607        593        558        2,333  
  

 j ) Legal and professional charges

     1,873        1,615        1,004        6,075  
  

 k) Software license expense for internal use

     5,129        4,529        4,011        17,331  
  

 l) Marketing and brand building

     748        831        777        3,031  
  

 m) Other expenses

     (56      ( 1,316      1,737        5,239  
     

 

 

    

 

 

    

 

 

    

 

 

 
  

Total Expenses (IV)

     155,886        150,707        147,201        601,890  
     

 

 

    

 

 

    

 

 

    

 

 

 

V

  

Profit before tax (Ill-IV)

     36,970        40,782        45,176        159,052  

VI

  

Tax expense

           
  

 a) Current tax

     9,089        11,002        8,959        38,349  
  

 b) Deferred tax

     (776      (591      (744      (593
     

 

 

    

 

 

    

 

 

    

 

 

 
  

Total tax expense (VI)

     8,313        10,411        8,215        37,756  
     

 

 

    

 

 

    

 

 

    

 

 

 

VII

   Profit for the period (V-VI)      28,657        30,371        36,961        121,296  
     

 

 

    

 

 

    

 

 

    

 

 

 

VIII

    Other comprehensive income (OCI)            
  

 Items that will not be reclassified to profit or loss:

           
  

 Re-measurements of the defined benefit plans, net

     369        395        (183      222  
  

 Net change in fair value of investment in equity instruments measured at fair value through OCI

     8        (7      (1      134  
  

 Income taxes relating to items that will not be reclassified to profit or loss

     (94      (94      45        (49
  

 Items that will be reclassified to profit or loss:

           
  

 Net change in time value of option contracts designated as cash flow hedges

     241        175        (361      73  
  

 Net change in intrinsic value of option contracts designated as cash flow hedges

     1,194        (941      225        (1,622
  

 Net change in fair value of forward contracts designated as cash flow hedges

     4,692        (4,548      45        (7,478
  

 Net change in fair value of investment in debt instruments measured at fair value through OCI

     590        ( 1,887      700        (2,413
  

 Income taxes relating to items that will be reclassified to profit or loss

     (1,524      1,505        (90      2,468  
     

 

 

    

 

 

    

 

 

    

 

 

 
  

Total other comprehensive income for the period, net of taxes

     5,476        (5,402      380        (8,665
     

 

 

    

 

 

    

 

 

    

 

 

 
IX   

Total comprehensive income for the period (VII+VIII)

     34,133        24,969        37,341        112,631  
     

 

 

    

 

 

    

 

 

    

 

 

 

 

1


X

  

Paid up equity share capital (Par value 2 per share)

     19,807        20,977        20,965        20,977  
XI   

Reserve excluding revaluation reserves as per balance sheet

              615,820  

XII

  

Earnings per equity share

           
  

(Equity shares of par value 2/- each)

           
  

(EPS for the three months ended periods are not annualised)

           
  

Basic (in )

     2.74        2.90        3.53        11.59  
  

Diluted (in )

     2.74        2.89        3.52        11.55  

 

1.

The audited standalone financial results for the three months ended June 30, 2026 have been approved by the Board of Directors of the Company at its meeting held on July 16, 2026. The Company confirms that its statutory auditors, Deloitte Haskins & Sells LLP have issued audit report with unmodified opinion on the standalone financial results for the three months ended June 30, 2026.

 

2.

The above audited standalone financial results have been prepared on the basis of the audited interim condensed standalone financial statement . which are prepared in accordance with Indian Accounting Standards (“ Ind AS”), the provisions of the Companies Act,2013 (“the Companies Act”). as applicable and guidelines issued by the Securities and Exchange Board of India (“SEBI’’). The Ind AS are prescribed under Section 133 of the Companies Act read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and amendments issued thereafter. All amounts included in the standalone financial results (including notes) are reported in millions of Indian Rupees ( in millions) except share and per share data, unless otherwise stated.

 

3.

The Company publishes these standalone financial results along with the consolidated financial results. In accordance with Ind AS 108, “Operating Segments”, the Company has disclosed the segment information in the interim condensed consolidated financial statements and is incorporated in the consolidated financial results.

 

4.

Gain/(loss) on sale of property, plant and equipment, for the year ended March 31, 2026, includes gain on transfer of building on 405.

 

5.

Other expenses includes reversal of impairment in the value of investment in subsidiary of  1,608 for the three months and year ended March 31, 026.

 

6.

Employee benefits expense includes impact of past service cost on gratuity and remeasurement of leave encashment due to implementation of new labour code amounting to (353) for the three months ended March 31, 2026 and 2,562 for the year ended March 31, 2026.

 

7.

Buyback of equity shares

On April 16, 2026, the Board of Directors approved a proposal to Buyback up to 600,000,000 fully paid-up equity shares of  2 each (representing up to 5.7% of the number or equity shares in the paid-up equity share capital as at March 31, 2026) from the shareholders of the Company on a proportionate basis by way of a tender offer at a price of 250 per equity share for an aggregate amount not exceeding 150,000 (“Buyback”), in accordance with the provisions contained in the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018, as amended and the Companies Act, 2013 and rules made thereunder (“Buyback Regulations” ), Subsequently, the shareholders of the Company approved the Buyback, by way of a special resolution, through a postal ballot.

In accordance with the provisions of the Buyback Regulations, the Letter of offer for the Buyback was filed with SEBI on June 9, 2026, and tender period for Buyback opened on June 11, 2026, and closed on June 17, 2026. The settlement of all valid bids was completed on June 24, 2026, and the equity shares bought back were extinguished on June 25, 2026.

During the three months ended June 30, 2026, the Company concluded the buyback of 600,000,000 equity shares (at a price of  250 per equity share) as approved by the Board of Directors on April 16, 2026. This has resulted in a total cash outflow of  150,497 (including transaction costs related to buyback on 497) . In line with the requirement of the Companies Act,2013, an amount of 8,457 and 141,543 has been utilised from share premium and retained earnings respectively. Further, capital redemption reserve (included in other reserves) of 1,200 (representing the nominal value of the shares bought back) has been created as an apportionment from retained earnings. Consequent to such buyback, the paid-up equity share capital has reduced by  1,200.

 

8.

Events after the reporting period

The Board of Directors in their meeting held on July 16, 2026, declared an interim dividend of 2/- (U.S.$ 0.02) per equity share and ADR (100% on an equity share of par value of 2/-).

 

By order of the Board.

 

For, Wipro Limited

 

/s/ Rishad A. Premji

Place: Bengaluru

 

Rishad A. Premji

Date: July 16, 2026

 

Chairman

 

2


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Chartered Accountants

13 to 22nd floor, Prestige

Trade Tower, 46, Palace

Road, Sampangiram Nagar,

Bengaluru Urban

Bengaluru-560001

Karnataka, India

 

Tel: +91 806 188 6000

Fax: +91 806 188 60ll

INDEPENDENT AUDITOR’S REPORT ON THE AUDIT OF CONSOLIDATED FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF WIPRO LIMITED

Opinion

We have audited the accompanying Statement of Consolidated Financial Results of WIPRO LIMITED (the “Company”) and its subsidiaries (the Company and its subsidiaries together referred to as “the Group”) for the three months ended June 30, 2026 (“the Statement”/” Consolidated Financial Results”) being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the LODR Regulations”) .

In our opinion and to the best of our information and according to the explanations given to us the Consolidated Financial Results:

 

a.

includes the financial results of the entities as listed in note 5 to the Statement;

 

b.

is presented in accordance with the requirements of Regulation 33 of the SEBI LODR Regulations, 2015 as amended; and

 

c.

gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”) prescribed under section 133 of the Companies Act 2013 (“the Act”) read with relevant rules issued thereunder and other accounting principles generally accepted in India of the consolidated net profit and consolidated other comprehensive income and other financial information of the Group for the three months ended June 30, 2026.

Basis for Opinion

We conducted our audit of the Consolidated Financial Results in accordance with the Standards on Auditing (“SAs”) specified under Section 143(10) of the Act. Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Consolidated Financial Results section below. We are independent of the Group in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (“ICAI”) together with the ethical requirements that are relevant to our audit of the Consolidated Financial Results under the provisions of the Act and the Rules thereunder and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI’s Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion.

Management’s and Board of Directors’ Responsibilities for the Statement

This Statement, which is the responsibility of the Company’s Board of Directors and has been approved by them for the issuance. The Statement has been compiled from the related audited interim condensed consolidated financial statements. The Company’s Board of Directors are responsible for the preparation and presentation of the Consolidated Financial Results that give a true and fair view of the consolidated net profit/loss and consolidated other comprehensive

Regd. Office: One International Center, Tower 3, 32nd Floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai-400 013, Maharashtra, India. Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No : AAB-8737


LOGO

 

income and other financial information of the Group in accordance with the recognition and measurement principles laid down in the Ind AS 34, prescribed under Section 133 of the Act, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the LODR Regulations.

The respective Board of Directors of the companies included in the Group are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Group and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the respective financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of Consolidated Financial Results by the Directors of the Company, as aforesaid.

In preparing the Consolidated Financial Results, the respective Management and Board of Directors of the companies included in the Group are responsible for assessing the ability of the respective entities to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate their respective entities or to cease operations, or has no realistic alternative but to do so.

The respective Board of Directors of the companies included in the Group are responsible for overseeing the financial reporting process of the Group.

Auditor’s Responsibilities for the Audit of the Consolidated Financial Results

Our objectives are to obtain reasonable assurance about whether the Consolidated Financial Results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Consolidated Financial Results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

 

   

Identify and assess the risks of material misstatement of the Consolidated Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls.

 

   

Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on effectiveness of such controls.

 

   

Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors and Management.


LOGO

 

   

Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the LODR Regulations.

 

   

Conclude on the appropriateness of the Board of Director and Management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the Consolidated Financial Results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Group to cease to continue as a going concern.

 

   

Evaluate the overall presentation, structure and content of the Consolidated Financial Results, including the disclosures, and whether the Consolidated Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.

 

   

Obtain sufficient appropriate audit evidence regarding the financial results of the entities within the Group to express an opinion on the Consolidated Financial Results. We are responsible for the direction, supervision and performance of the audit of financial information of entities included in the Consolidated Financial Results.

Materiality is the magnitude of misstatements in the Consolidated Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Consolidated Financial Results may be influenced . We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Consolidated Financial Results.

We communicate with those charged with governance of the Company regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal financial controls that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

 

For DELOITTE HASKINS & SELLS LLP
Chartered Accountants
(Firm’s Registration No. 117366W/W-100018)
/s/ Anand Subramanian
Anand Subramanian
Partner
(Membership No. 110815)
UDIN:        

Bengaluru, July 16, 2026


WIPRO LlMITED

CIN: L32l02KA1945PLC020800 ; Registered Office : Wipro Limited, Doddakannelli, Sarjapur Road,

Bengaluru - 560035, India

Website: www.wipro.com ; Email id – info@wipro.com ; Tel: +91-80-2844 0011 ; Fax: +91-80-2844 0054

AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE THREE MONTHS

JUNE 30, 2026 UNDER IND AS

( in millions, except share and per share data, unless otherwise stated)

 

          Three months ended     Year ended  
    

Particulars

   June 30,
2026
    March 31,
2026
    June 30,
2025
    March 31,
2026
 
   Income         
I    Revenue from operations      244,786       242,363       221,346       926,240  
II    Other income      9,790       8,542       10,665       38,737  
     

 

 

   

 

 

   

 

 

   

 

 

 
III
   Total Income (I+II)      254,576       250,905       232,011       964,977  
     

 

 

   

 

 

   

 

 

   

 

 

 
IV    Expenses         
  

a)  Purchases of stock-in-trade

     1,235       1,678       545       5,755  
  

b)  Changes in inventories of stock-in-trade

     (349 )     237       121       171  
  

c)  Employee benefits expense

     147,531       143,408       134,275       555,855  
  

d)  Finance costs

     4,728       3,701       3,608       14,577  
  

e)  Depreciation, amortisation and impairment expense

     8,044       7,285       6,855       29,107  
  

f)   Sub-contracting and technical fees

     28,787       27,925       25,578       107,668  
  

g)  Facility expenses

     4,313       4,082       4,198       15,886  
  

h)  Travel

     4,181       3,702       3,788       13,882  
  

i)   Communication

     899       895       797       3,414  
  

j)   Legal and professional charges

     3,161       2,661       1,889       10,199  
  

k)  Software license expense for internal use

     6,303       5,805       4,961       21,720  
  

I)   Marketing and brand building

     1,153       923       883       3,480  
  

m)   Lifetime expected credit loss/ (write-back)

     (152     (144     502       2,838  
  

n)  Other expenses

     1,392       2,098       1,478       7,260  
     

 

 

   

 

 

   

 

 

   

 

 

 
   Total Expenses      211,226       204,256       189,478       791,812  
     

 

 

   

 

 

   

 

 

   

 

 

 
V    Share of net profit/ (loss) of associate and joint venture accounted for using the equity method      (5     27       50       257  
VI    Profit before tax (III-IV+V)      43,345       46,676       42,583       173,422  
VII    Tax expense         
   a) Current tax      10,207       13,001       10,051       42,665  
   b) Deferred tax      (425     ( 1,541     (833     ( 1,898
     

 

 

   

 

 

   

 

 

   

 

 

 
   Total tax expense      9,782       11,460       9,218       40,767  
     

 

 

   

 

 

   

 

 

   

 

 

 
VIII    Profit for the period (VI-VII)      33,563       35,216       33,365       132,655  
     

 

 

   

 

 

   

 

 

   

 

 

 
IX    Other comprehensive income (OCI)         
   Items that will not be reclassified to profit or loss:         
  

Remeasurements of the defined benefit plans, net

     512       462       (317     142  
  

Net change in fair value of investment in equity instruments measured at fair value through OCI

     303       (964     ( 1     (1,452
  

Deferred taxes relating to items that will not be reclassified to profit or loss

     237       (98     88       (6
   Items that will be reclassified to profit or loss:         
  

Foreign currency translation differences relating to foreign operations

     (1,152     21,383       6,566       46,126  
  

Net change in time value of option contracts designated as cash flow hedges

     241       175       (361     73  
  

Net change in intrinsic value of option contracts designated as cash flow hedges

     1,194       (941     225       ( 1,622
  

Net change in fair value of forward contracts designated as cash flow hedges

     4,890       (4,809     (4     (7,902
  

Net change in fair value of investment in debt instruments measured at fair value through OCI

     590       (1,887     700       (2,413
  

Deferred taxes relating to items that will be reclassified to profit or loss

     (1,574     1,571       (77     2,576  
     

 

 

   

 

 

   

 

 

   

 

 

 
   Total other comprehensive income for the period, net of taxes      5,241       14,892       6,819       35,522  
     

 

 

   

 

 

   

 

 

   

 

 

 
   Total comprehensive income for the period (VIII+IX)      38,804       50,108       40,184       168,177  
     

 

 

   

 

 

   

 

 

   

 

 

 
X    Profit for the period attributable to:         
   Equity holders of the Company      33,520       35,018       33,304       131,974  

 

1


   Non-controlling interests      43        198        61        681  
     

 

 

    

 

 

    

 

 

    

 

 

 
        33,563        35,216        33,365        132,655  
     

 

 

    

 

 

    

 

 

    

 

 

 
   Total comprehensive income for the period attributable to:            
   Equity holders of the Company      38,764        49,765        40,120        167,250  
   Non-controlling interests      40        343        64        927  
     

 

 

    

 

 

    

 

 

    

 

 

 
        38,804        50,108        40,184        168,177  
     

 

 

    

 

 

    

 

 

    

 

 

 
XI    Paid up equity share capital (Par value 2 per share)      19,807        20,977        20,965        20,977  
     

 

 

    

 

 

    

 

 

    

 

 

 
XII    Reserves excluding revaluation reserves and Non-controlling interests as per balance sheet               859,206  
              

 

 

 
XIII    Earnings per equity share (EPS)            
  

(Equity shares of par value 2/- each)

(EPS for the three months periods are not annualised)

Basic (in )

     3.20        3.34        3.18        12.60  
   Diluted (in )      3.20        3.33        3.17        12.56  

 

1.

The audited consolidated financial results of the Company for the three months June 30, 2026, have been approved by the Board of Directors of the Company at its meeting held on July 16, 2026. The Company confirms that its statutory auditors, Deloitte Haskins & Sells LLP have issued audit reports with unmodified opinion on the consolidated financial results for the three months ended June 30, 2026.

2.

The above audited consolidated financial results have been prepared on the basis of the audited interim condensed consolidated financial statements for the three months ended June 30, 2026. which are prepared in accordance with Indian Accounting Standards (“Ind AS”), the provisions of the Companies Act, 2013 (“the Companies Act”), as applicable and guidelines issued by the Securities and Exchange Board of India (“SEBI”). The Ind AS are prescribed under Section 133 of the Companies Act read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and amendments issued thereafter. All amounts included in the consolidated financial results (including notes) are reported in millions of Indian rupees( in millions) except share and per share data, unless otherwise stated.

3.

Gain/(loss) on sale of property, plant and equipment for the year ended March 31, 2026, includes gain on transfer of building of 405.

4.

Employee benefits expense includes impact of past service cost on gratuity and remeasurement of leave encashment due to implementation of new labour code amounting to (272) for the three months ended March 31, 2026, and 2,756 for the year ended March 31, 2026.

 

5.

List of subsidiaries, associate and joint venture as at June 30, 2026 are provided in the table below:

 

Subsidiaries

  

Subsidiaries

  

Subsidiaries

  

Country of

Incorporation

   Holding  

Attune Consulting India Private Limited

         India      100.00%  

Capco Technologies Private Limited

         India      100.00%  

Wipro Chengdu Limited

         China      8.96%  

Wipro Holdings (UK) Limited

   Wipro Technologies SRL      

U.K.

Romania

    

100.00%

^

 

 

Wipro IT Services Bangladesh Limited

         Bangladesh      100.00%  

Wipro IT Services UK Societas

         U.K.      100.00%  
   Capco Consulting Middle East FZE       UAE      100.00%  
  

 

Designit A/S

 

Wipro Bahrain Limited Co. W.L.L

  

 

Designit Denmark A/S

Designit Germany GmbH Designit Oslo A/S

Designit Spain Digital, S.L.U

  

 

Denmark

Denmark

Germany

Norway

Spain

    




100.00%
100.00%
100.00%
100.00%
100.00%
 
 
 
 
 
 
   Designit T.L.V Ltd.   

Israel

Bahrain

    
100.00%
100.00%
 
 
   Wipro Czech Republic IT Services s.r.o.       Czech Republic      100.00%  
   Wipro CRM Services       Belgium      100.00%  
      Wipro 4C Consu lting France SAS    France      100.00%  
      Wipro CRM Services B.V.    Netherlands      100.00%  
      Wipro CRM Services ApS    Denmark      100.00%  
      Wipro CRM Services UK Limited    U.K.      100.00%  
   Grove Holdings 2 S.á.r.l       Luxembourg      100.00%  
      Capco Solution Services GmbH    Germany      100.00%  
      The Capital Markets Company    Italy      100.00%  
      ltaly Srl      
      Capco Brasil Servicos E    Brazil      99.99%  
      Consultoria Ltda      

 

2


      The Capital Markets Company    Belgium      100.00%  
      BV (1)      
   PT. WT Indonesia       Indonesia      99.60%  
   Rainbow Software LLC       Iraq      100.00%  
   Wipro Arabia Co. Limited       Saudi Arabia      66.67%  
      Women’s Business Park    Saudi Arabia      100.00%  
      Technologies Limited      
   Wipro Doha LLC       Qatar      100.00%  
   Wipro Financial Outsourcing       U.K.      100.00%  
   Services Limited         
      Wipro UK Limited    U.K.      100.00%  
   Wipro Gulf LLC       Sultanate of Oman      99.98%  
   Wipro Information Technology       Netherlands      100.00%  
   Netherlands BV.         
      Wipro Gulf LLC    Sultanate of Oman      0.02%  
      Wipro Technologies SA    Argentina      2.62%  
      Wipro (Thailand) Co. Limited    Thailand      0.03%  
      Wipro Technologies GmbH    Germany      14.87%  
      Wipro Do Brasil Sistemas De    Brazil      0.07%  
      Informatica Lida      
      Wipro do Brasil Technologia    Brazil      99.44%  
     

Lida(1)

Wipro Information Technology

   Kazakhstan      100.00%  
      Kazakhstan LLP      
      Wipro Outsourcing Services    Ireland      100.00%  
      (Ireland) Limited      
      Wipro Portugal S.A.(1)    Portuga      100.00%  
      Wipro Solutions Canada Limited    Canada      100.00%  
      Wipro Technologies Limited    Russia      99.99%  
      Wipro Technologies Peru SAC    Peru      99.98%  
      Wipro Technologies W.T.    Costa Rica      100.00%  
      Sociedad Anonima      
      Wipro Technology Chile SPA    Chile      100.00%  
      Applied Value Technologies B.V.    Netherlands      100.00%  
   Wipro IT Service Ukraine, LLC       Ukraine      100.00%  
   Wipro IT Service Poland SP Z.O.O       Poland      100.00%  
   Wipro IT Services S.R.L.      

 

Romania

     100.00%  
   Wipro Regional Headquarters       Saudi Arabia      100.00%  
   Wipro Technologies Australia Pty       Australia      100.00%  
   Ltd         
      Wipro Ampion Holdings Pty    Australia      100.00%  
      Ltd (1)      
   Wipro Technologies SA       Argentina      97.38%  
   Wipro Technologies SA DE CV       Mexico      91.08%  
   Wipro Technologies South Africa       South Africa      69.42%  
   (Proprietary) Limited         
      Wipro Technologies Nigeria    Nigeria      99.84%  
      Limited      
   Wipro Technologies SRL       Romania      100.00%  
   Wipro (Thailand) Co. Limited       Thailand      99.97%  
   Wipro Shanghai Limited       China      84.63%  
   Wipro Technologies Nigeria Limited       Nigeria      0.16%  
   Wipro Technologies Limited       Russia      0.01%  
   Wipro Technologies Peru SAC       Peru      0.02%  

Wipro Japan KK

         Japan      100.00%  

Wipro Networks Pte Limited

         Singapore      100.00%  
   Applied Value Technologies Pte.       Singapore      100.00%  
   Limited         
   Wipro Chengdu Limited       China      91.04%  
   PT. WT Indonesia       Indonesia      0.40%  
   Wipro (Thailand) Co . Limited       Thailand      ^  
   Wipro (Dalian) Limited       China      100.00%  

 

3


   Wipro Technologies SDN BHD       Malaysia      100.00
   Wipro (Tianjin ) Limited       China      100.00
   Mindsprint Pte Ltd. (4)       Singapore      100.00
      Mindsprint Digital India Pvt. Ltd.    India      99.99
      Mindsprint UK Limited    UK      100.00
      Mindsprint Solutions Company (1)    Saudi Arabia      100.00
      Mindsprint Malaysia SDN BHD    Malaysia      100.00
   Mindsprint Digital India Pvt. Ltd . (4)       India      0.01

Wipro Philippines, Inc.

         Philippines      100.00

Wipro Shanghai Limited

         China      15.37

Wipro Travel Services Limited

         India      100.00

Wipro, LLC

         USA      100.00
   Wipro Technologies SA DE CV       Mexico      8.92
   Wipro Gallagher Solutions, LLC       USA      100.00
   Wipro Insurance Solutions, LLC       USA      100.00
   Wipro IT Services, LLC       USA      100.00
      Aggnc Global Inc. (2)    USA      80.00
      Edgilc. LLC    USA      100.00
      HealthPlan Services, Inc. (1)    USA      100.00
      lnfocrossing, LLC    USA      100.00
      International TechneGroup    USA      100.00
      Incorporated (1)      
     

Wipro NextGen Enterprise

Inc. (1)

   USA      100.00
      Rizing Intermediate Holdings,    USA      100.00
      Inc. (1)      
      Wipro Appirio, Inc. (1)    USA      100.00
      Wipro Designit Services. Inc. (1)    USA      100.00
      Wipro Telecom Consulting LLC    USA      100.00
      Wipro VLSI Design Services, LLC    USA      100.00
      Applied Value Technologies, Inc.    USA      100.00
      Wipro Business Services LLC    USA      100.00
      The Capital Markets Company,    USA      100.00
      LLC (1)      

Aggne Global IT Services Private

Limited (3)

         India      80.00

Wipro, Inc.

         USA      100.00
   Wipro Life Science Solutions, LLC       USA      100.00

Wipro Connected Services, Inc.

         USA      100.00
   Wipro Connected Services       Mauritius      100.00
   Mauritius Pvt Ltd         
      Connected Services Corporation    India      98.40
      Wipro India Private Limited      
   Connected Services Corporation       India      1.60
   Wipro India Private Limited         
   Wipro Connected Services       USA      100.00
   Engineering Corp.         
   Wipro Connected Services UK       UK      100.00
   Limited         
      Harman Connected Services    Morocco      100.00
      Morocco      
   Wipro Connected Services US       USA      100.00
   Midco LLC         
      Wipro Connected Services AB    Sweden      100.00
      (Formerly known as Harman      
      Connected Services AB) (1)      

The Wipro SA Broad Based

           

Ownership Scheme Trust

           
   Wipro SA Broad Based Ownership Scheme SPV (RF) (PTY) LTD            100.00

 

4


   

Wipro Technologies South Africa (Proprietary) Limited

     South Africa        30.58

^ Value is less than 0.0 1%

The Company controls ‘The Wipro SA Broad Based Ownership Scheme Trust’, ‘Wipro SA Broad Based Ownership Scheme SPV (RF) (PTY) LTD’ incorporated in South Africa and Wipro Foundation in India.

 

(4)

The Company, through its subsidiary, has acquired 100% shareholding in Mindsprint Pte. Ltd. and its subsidiaries, effective May 15, 2026.

(3)

The Company has acquired an additional 20% stake in Aggne Global IT Services Private Limited, with effect from June 18, 2026.

(2)

The step-down subsidiary of the Company, Wipro IT Services, LLC has acquired an additional 20% stake in Aggne Global Inc., with effect from June 1, 2026.

(1)

Step Subsidiary details of The Capital Markets Company LLC, HealthPlan Services, Inc., International TechneGroup Incorporated, Wipro NextGen Enterprise Inc., Rizing Intermediate Holding, Inc., The Capital Markets Company BY, Wipro Ampion Holdings Pty Ltd, Wipro Appirio, Inc., Wipro Designit Services, lnc., Wipro do Brasil Technologia Ltda, Wipro Portugal S.A., Wipro Connected Services AB and Mindsprint Solutions Company are as follows:

 

Subsidiaries

  

Subsidiaries

  

Subsidiaries

  

Country of
Incorporation

   Holding  
The Capital Markets Company, LLC    Capco Consulting Services LLC      

USA

 

USA

     100.00%  

HealthPlan Services, Inc.

   HealthPlan Services Insurance Agency, LLC      

USA

USA

     100.00%  
International TechneGroup Incorporated   

International TechneGroup Ltd. ITI Proficiency Ltd

Mech Works S.R. L.

     

USA

 

U.K.

Israel

Italy

    

100.00%
100.00%
100.00%
 
 
 

Wipro NextGen Enterprise Inc .

   LeanSwift AB      

USA

Sweden

     100.00%  

Rizing Intermediate Holdings, Inc.

  

 

 

Rizing Lanka (Private) Ltd

 

Rizing Solutions Canada Inc.

Rizing LLC

  

 

Attune Netherlands B.V. (5)

 

Rizing B.V.

Rizing Consulting Ireland Limited

Rizing Consulting Pty Ltd.

Rizing Geospatial LLC

Rizing GmbH

Rizing Limited

Rizing Pte Ltd. (5)

  

USA

 

Sri Lanka

 

Netherlands

Canada

USA

Netherlands

Ireland

Australia

USA

Germany

U.K.

Singapore

  

 

 

 










 

100.00%

 

100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%

 

 

 

 
 
 
 
 
 
 
 
 
 

The Capital Markets Company BV

         Belgium   
   CapAfric Consultancy (Pty)       South Africa      100.00%  
   Ltd Capco Belgium BV       Belgium      100.00%  
      The Capital Markets Company s.r.o    Slovakia      15.00%  
     

Capco Consultancy (Thailand) Ltd

   Thailand      0.04%  
   Capco Consultancy (Malaysia) Sdn. Bhd       Malaysia      100.00%  
   Capco Consultancy (Thailand) Ltd       Thailand      99.92%  
   Capco Consulting Singapore Pte. Ltd       Singapore      100.00%  
   Capco Greece Single Member P. C       Greece      100.00%  
   Capco Poland sp. z.o.o       Poland      100.00%  
   The Capital Markets Company (UK) Ltd       U.K.      100.00%  


      Capco Consultancy (Thailand) Ltd    Thailand      0.04%  
      The Capital Markets Company Limited    Hong Kong      0.01%  
   The Capital Markets Company GmbH       Germany      100.00%  
      Capco Austria GmbH    Austria      100.00%  
   The Capital Markets Company Limited       Hong Kong      99.99%  
   The Capital Markets Company Limited       Canada      100.00%  
      Capco Brasil Servicos E Consultoria Ltda    Brazil      0.01%  
   The Capital Markets Company S.á.r.l       Switzerland      100.00%  
      Andrion AG    Switzerland      100.00%  
   The Capital Markets Company S.A.S       France      100.00%  
   The Capital Markets Company s.r.o       Slovakia      85.00%  

Wipro Ampion Holdings Pty Ltd

  

Wipro Revolution IT Pty Ltd

Wipro Shelde Australia Pty Ltd

     

Australia

Australia

Australia

    
100.00%
100.00%
 
 

Wipro Appirio, Inc.

  

Wipro Appirio (Ireland) Limited

 

Topcoder, LLC

  

Wipro Appirio UK Limited

 

  

USA

Ireland

U.K.

USA

    

100.00%
100.00%
100.00%
 
 
 

Wipro Designit Services, Inc.

   Wipro Designit Services Limited      

USA

Ireland

     100.00%  

Wipro do Brasil Technologia Ltda

  

Wipro do Brasil Servicos Ltda

Wipro Do Brasil Sistemas De Informatica Ltda

     

Brazil

Brazil

Brazil

 

    

 

100.00%
96.84%

 

 
 

 

Wipro Portugal S.A.

  

 

Wipro do Brasil Technologia Ltda

Wipro Do Brasil Sistemas De Informatica Ltda

Wipro Technologies GmbH

  

Wipro Business Solutions GmbH (5)

Wipro IT Services Austria GmbH

  

Portugal

Brazil

Brazil

 

Germany

Germany

 

Austria

    

 


 

0.56%
3.09%

 

85.13%
100.00%

 

100.00%

 
 

 

 
 

 

 

Wipro Connected Services AB (Formerly known as Harman Connected Services AB)

        

Sweden

  
   Wipro Connected Services Solutions (Chengdu) Co. Ltd.(Formerly known as Harman Connected Services Solutions (Chengdu) Co. Ltd.)      

China

 

     100.00%  

Mindsprint Solutions Company

         Saudi Arabia   
   Mindsprint Inc.       USA      100.00%  

 

(5)

Step Subsidiary details of Attune Netherland ands B.V., Rizing Pte Ltd. and Wipro Business Solutions GmbH are as follows:

 

Subsidiaries

  

Subsidiaries

  

Subsidiaries

        Country of
Incorporation

Attune Netherlands B.V.

  

Rizing Germany GmbH

Attune ltalia S.R.L

Attune UK Ltd.

     

Netherlands

Germany

Italy

U.K.

   100.00%
100.00%
100.00%

Rizing Pte Ltd.

  

Rizing New Zealand Ltd.

Rizing Philippines Inc.

Rizing SDN BHD

Rizing Solutions Pty Ltd

     

Singapore

New Zealand

Philippines

Malaysia

Australia

   100.00%
100.00%
100.00%
100.00%

 

6


Wipro Business Solutions GmbH          Germany   
   Wipro Technology Solutions S. R.L       Romania      100.00

As at June 30, 2026, Wipro, LLC held 43.7% intcresl in Drivestrcam Inc. and Wipro IT Services LLC held 27% inleresl in SDVcrse LLC, accounted for using the equity method.

The list of controlled trusts are:

 

Name of the entity

  

Country of incorporation

Mlipro Equity Reward Trust    India
Wipro Foundation    India

 

6.

Segment information:

The Company is organized into the following operating egments: IT Services and IT Products.

IT Services: The IT Services segment primarily consists of IT services offerings to customers organized by four lrategic Market Units (“SMUs”) -Americas 1, Americas 2, Europe and Asia Pacific Middle East and Africa (“APMEA”).

Americas 1 and Americas 2 are organized by industry sector. while Europe and APMEA are organized by countries.

Effective April 1, 2026, the customers across Latin America and Canada are aligned with the respective industry sectors in Americas 1 and Americas 2. Additionally, Hi-tech sector and airports as a sub-sector for Americas are now subsumed under existing sectors of Americas 1. Prior period comparables are readjusted to reflect this change.

Americas 1 includes the following industry sector in the United States of America, Latin America and Canada: Communication, Media and Networks. Technology Software and Gaming, Technolog New Age, Health and Consumer. Americas 2 includes the following industry sectors in the United States of America, Latin America, and Canada: Banking and Financial Services, Energy, Manufacturing and Resources and Capital Markets and Insurance. Europe consists of the United Kingdom and Ireland, Switzerland, Germany and Western Europe. APMEA consists of Australia and New Zealand, Southeast Asia, Japan, India, the Middle East, and Africa.

Revenue from each customer is attributed to the respective SMUs based on the location of the customer’s primary buying center of such services. With respect to certain strategic global customers, revenue may be generated from multiple countries based on such customer’s buying centers, but the total revenue related to these strategic global customers are attributed to a single SMU based on the geographical location of key decision makers.

Our IT Services segment provides a range of AI-powered IT and IT-enabled services including Al advisory, industry & functional consulting, Al native development, customer centric design. modernisation, custom application development, infrastructure services, cybersecurity services, data and analytics services, business process services, research and development, and hardware and software design. Through Al-powered, consulting-led solutions, we help our clients transform their businesses to drive better efficiencies and generate new growth opportunities.

IT Products: The Company is a value-added reseller of security, packaged and SaaS Software for leading international brands. In certain total outsourcing contracts of the IT Services segment, the Company delivers hardware, software products and other related deliverables. Revenue relating to these items is reported as revenue from the sale of IT Products.

The Chief Executive Officer (“CEO”) and Managing Director of the Company has been identified as the Chief Operating Decision Maker as defined by Ind AS 108, “Operating Segments”. The CEO of the Company evaluates the segments based on their revenue growth and operating income.

Assets and liabilities used in the Company’s business are not identified to any of the operating segments, as these are used interchangeably between segments. Management believes that it is currently not practicable to provide segment disclosures relating to total assets and liabilities since a meaningful segregation of the available data is onerous.

 

7


Information on reportable segments for the three months ended June 30, 2026, March 31, 2026, and June 30, 2025, year ended March 31, 2026 are as follows:

 

     Three months ended      Year ended  
     June 30,
2026
     March 31,
2026
     June 30,
2025
     March 31,
2026
 

Particulars

   Audited      Audited      Audited      Audited  

Segment revenue

           

IT Services

           

Americas 1

     86,087        85,414        79,039        328,118  

Americas 2

     62,119        61,718        61,128        246,530  

Europe

     66,569        65,412        56,817        244,165  

APMEA

     29,754        27,623        23,816        102,340  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total of IT Services

     244,529        240,167        220,800        921,153  

IT Products

     1,036        2,521        728        6,940  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total segment revenue

     245,565        242,688        221,528        928,093  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment result

           

IT Services

           

Americas 1

     16,691        18,089        16,316        69,852  

Americas 2

     9,874        10,150        12,063        46,182  

Europe

     9,047        10,092        6,026        31,083  

APMEA

     4,362        5,085        2,979        14,955  

Unallocated

     (787      (1,899      750        (3,426
  

 

 

    

 

 

    

 

 

    

 

 

 

Total of IT Services

     39,187        41,517        38,134        158,646  

IT Products

     16        211        20        559  

Reconciling Items

     3        235        (2,430      (7,954
  

 

 

    

 

 

    

 

 

    

 

 

 

Total segment result

     39,206        41,963        35,724        151,251  
  

 

 

    

 

 

    

 

 

    

 

 

 

Finance costs

     (4,728      (3,701      (3,608      (14,577

Finance and other income

     8,872        8,387        10,417        36,491  

Share of net profit/ (loss) of associate and joint venture accounted for using equity method

     (5      27        50        257  
  

 

 

    

 

 

    

 

 

    

 

 

 

Profit before tax

     43,345        46,676        42,583        173,422  
  

 

 

    

 

 

    

 

 

    

 

 

 

Notes:

  a)

“Reconciling items” includes elimination of inter-segment transactions and other corporate activities.

  b)

Revenue from sale of the Company owned intellectual properties is reported as part of IT Services revenues.

  c)

For the purpose of segment reporting, the Company has included the net impact of foreign exchange gains/(losses), net in revenues amounting to  779,  325 and  182 for the three months ended June 30, 2026, March 31, 2026, and June 30, 2025, respectively and  1,853 for the year ended March 31, 2026, which is reported as a part of Other income in the consolidated financial results.

  d)

Restructuring cost of  Nil,  Nil and  2,469 for the three months ended June 30, 2026, March 31, 2026 and June 30, 2025, respectively, and  5,139 for the year ended March 31, 2026, respectively, is included under Reconciling Items.

  e)

Impact of past service cost on gratuity and remeasurement of leave encashment due to implementation of new labour code amounting to  (272) for the three months ended March 31, 2026,  2,756 for the year ended March 31, 2026, is included under Reconciling items.

  f)

“Unallocated” within IT Services segment results is after recognition of the below:

 

     Three months ended      Year ended  

Particulars

   June 30,
2026
     March 31,
2026
     June 30,
2025
     March 31,
2026
 

Amortisation and impairment expenses on intangible assets

     2,407        1,840        1,625        7,787  

Change in fair value of contingent consideration

     —         ^        48        49  

 

  ^

Value is than  0.5

  g)

Segment results of IT Services segment are after recognition of share-based compensation expense  601,  1,400 and  436 for the three months ended June 30, 2026, March 31, 2026, and June 30, 2025, respectively and  4,465 for the year ended March 31, 2026, respectively.

  h)

Segment results of IT Services segment are after recognition of gain/(loss) on sale of property, plant and equipment of  139,  (170) and  66 for the three months ended June 30, 2026, March 31, 2026, and June 30, 2025, respectively and  393 for the year ended March 31, 2026, respectively.

 

8


8.

Decline in revenue and earnings estimates led to revision of recoverable value of customer-relationship intangible assets and marketing related intangible assets recognised on business combinations. Consequently, the Company has recognised impairment charge for 851 for the year ended March 31, 2026, as part of depreciation, amortisation and impairment expense.

 

9.

Buyback of equity shares

On April 16, 2026, the Board of Directors approved a proposal to Buyback up to 600,000,000 fully paid-up equity shares of 2 each (representing up to 5.7% of the number of equity shares in the paid-up equity share capital as at March 31, 2026) from the shareholders of the Company on a proportionate basis by way of a tender offer at a price of 250 per equity share for an aggregate amount not exceeding 150,000 (“ Buyback”), in accordance with the provisions contained in the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018, as amended and the Companies Act, 2013 and rules made thereunder (“Buyback Regulations”). Subsequently, the shareholders of the Company approved the Buyback, by way of a special resolution, through a postal ballot.

In accordance with the provisions of the Buyback Regulations, the Letter of offer for the Buyback was filed with SEBI on June 9, 2026, and tender period for Buyback opened on June 11, 2026, and closed on June 17, 2026. The settlement of all valid bids was completed on June 24, 2026, and the equity shares bought back were extinguished on June 25, 2026.

During the three months ended June 30, 2026, the Company concluded the buyback of 600,000,000 equity shares (at a price of  250 per equity share) as approved by the Board of Directors on April 16, 2026, This ha resulted in a total cash outflow of  150.497 (including transaction costs related to buyback on 497). In line with the requirement of the Companies Act, 2013, an amount of 8,457 and 141,543 has been utilised from share premium and retained earnings respectively. Further, capital redemption reserve (included in other reserves) of 1,200 (representing the nominal value of the shares bought back) has been created as an apportionment from retained earnings. Consequent to such buyback, the paid-up equity share capital has reduced by 1,200.

 

10.

Events after the reporting period

The Board of Directors in their meeting held on July 16, 2026, declared an interim dividend of 2 / - (U.S. $ 0.02) per equity share and ADR (100% on an equity share of par value on 2 /-).

 

By order of the Board,    For, Wipro Limited
   /s/ Rishad A. Premji
Place: Bengaluru    Rishad A. Premji
Date: July 16, 2026    Chairman

 

9


LOGO      

Chartered Accountants

13 to 22nd floor, Prestige

Trade Tower, 46, Palace

Road, Sampangiram Nagar,

Bengaluru Urban

Bengaluru-560001

Karnataka, India

 

Tel: +91 806 188 6000

Fax: +91 806 188 6011

INDEPENDENT AUDITOR’S REPORT ON THE AUDIT OF CONSOLIDATED FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF WIPRO LIMITED

Opinion

We have audited the accompanying Statement of Consolidated Financial Results of WIPRO LIMITED (“the Company”) and its subsidiaries (the Company and its subsidiaries together referred to as “the Group”) for the three months ended June 30, 2026 (“the Statement”/” Consolidated Financial Results”).

In our opinion and to the best of our information and according to the explanations given to us, the Statement gives a true and fair view in conformity with the recognition and measurement principles laid down in the International Accounting Standard 34 “Interim Financial Reporting” (“IAS 34”) as issued by the International Accounting Standards Board (“IASB”) of the consolidated net profit and consolidated total comprehensive income and other financial information of the Group for the three months ended June 30, 2026.

Basis for Opinion

We conducted our audit of the Consolidated Financial Results in accordance with the Standards on Auditing (“SAs”) issued by the Institute of Chartered Accountants of India (“ICAI”). Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Consolidated Financial Results section below. We are independent of the Group in accordance with the Code of Ethics issued by the ICAI together with the ethical requirements that are relevant to our audit of the Statement and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI’s Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion.

Management’s and Board of Directors’ Responsibilities for the Consolidated Financial Results

This Statement, which is the responsibility of the Company’s Board of Directors and has been approved by them for the issuance. The Statement has been compiled from the related audited interim condensed consolidated financial statements. The Company’s Board of Directors are responsible for the preparation and presentation of the Consolidated Financial Results that give a true and fair view of the consolidated net profit/loss and consolidated other comprehensive income and other financial information of the Group in accordance with the recognition and measurement principles laid down in IAS 34 as issued by IASB.

The respective Board of Directors of the companies included in the Group are responsible for maintenance of adequate accounting records for safeguarding the assets of the Group and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls,


LOGO

Regd. Office: One International Center, Tower 3, 32nd Floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai-400 013, Maharashtra, India. Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: AAB-8737 that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the respective financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of this Consolidated Financial Results by the Directors of the Company, as aforesaid.

In preparing the Consolidated Financial Results, the respective Management and Board of Directors of the companies included in the Group are responsible for assessing the ability of respective entities to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate their respective entities or to cease operations, or has no realistic alternative but to do so.

The respective Board of Directors of the companies included in the Group are responsible for overseeing the financial reporting process of the Group.

Auditor’s Responsibilities for the Audit of the Consolidated Financial Results

Our objectives are to obtain reasonable assurance about whether the Consolidated Financial Results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Consolidated Financial Results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

 

   

Identify and assess the risks of material misstatement of the Consolidated Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

 

   

Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on effectiveness of such controls.

 

   

Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors and Management.

 

   

Conclude on the appropriateness of the Board of Director and Management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the Consolidated Financial Results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Group to cease to continue as a going concern.

 

   

Evaluate the overall presentation, structure and content of the Consolidated Financial Results, including the disclosures, and whether the Consolidated Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.


LOGO

 

   

Obtain sufficient appropriate audit evidence regarding the financial results of the entities within the Group to express an opinion on the Consolidated Financial Results. We are responsible for the direction, supervision and performance of the audit of financial information of entities included in the Consolidated Financial Results.

Materiality is the magnitude of misstatements in the Consolidated Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Consolidated Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Consolidated Financial Results.

We communicate with those charged with governance of the Company regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal financial controls that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

For DELOITTE HASKINS & SELLS LLP

Chartered Accountants

(Firm’s Registration No. 117366W/W-100018)

/s/ Anand Subramanian

Anand Subramanian

Partner

(Membership No.110815)

UDIN:         

Bengaluru, July 16, 2026


WIPRO LIMITED

CIN: L32102KA1945PLC020800 ; Registered Office : Wipro Limited, Doddakannelli, Sarjapur Road, Bengaluru - 560035, India

Website: www.wipro.com ; Email id – info@wipro.com ; Tel: +91-80-2844 0011 ; Fax: +91-80-2844 0054

AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE THREE MONTHS ENDED JUNE 30, 2026

UNDER IFRS (IASB)

( in millions, except share and per share data, unless otherwise stated)

 

          Three months ended      Year ended  
    

Particulars

   June 30,
2026
     March 31,
2026
     June 30,
2025
     March 31,
2026
 
   Income            
  

a) Revenue from operations

     244,786        242,363        221,346        926,240  
  

b) Foreign exchange gains/(losses), net

     779        325        182        1,853  
     

 

 

    

 

 

    

 

 

    

 

 

 

I

   Total income      245,565        242,688        221,528        928,093  
     

 

 

    

 

 

    

 

 

    

 

 

 
   Expenses            
  

a)  Purchases of stock-in-trade

     1,235        1,678        545        5,755  
  

b)  Changes in inventories of stock-in-trade

     (349      237        121        171  
  

c)  Employee benefits expense

     147,531        143,408        134,275        555,855  
  

d)  Depreciation, amortization and impairment expense

     8,044        7,285        6,855        29,107  
  

c)  Sub-contracting and technical fees

     28,787        27,925        25,578        107,668  
  

f)   Facility expenses

     4,313        4,082        4,198        15,886  
  

g)  Travel

     4,181        3,702        3,788        13,882  
  

h)  Communication

     899        895        797        3,414  
  

i)   Legal and professional fees

     3,161        2,661        1,889        10,199  
  

j)   Software license expense for internal use

     6,303        5,805        4,961        21,720  
  

k)  Marketing and brand building

     1,153        923        883        3,480  
  

I)   Lifetime expected credit loss/ (write-back)

     (152      (144      502        2,838  
  

m)   (Gain)/loss on sale of property, plant and equipment, net

     (139      170        (66      (393
  

n)  Other expenses

     1,392        2,098        1,478        7,260  
     

 

 

    

 

 

    

 

 

    

 

 

 

II

   Total expenses      206,359        200,725        185,804        776,842  
     

 

 

    

 

 

    

 

 

    

 

 

 

III

   Finance expenses      4,728        3,701        3,608        14,577  

IV

   Finance and other income      8,872        8,387        10,417        36,491  

V

   Share of net profit/ (loss) of associate and joint venture accounted for using the equity method      (5      27        50        257  
     

 

 

    

 

 

    

 

 

    

 

 

 

VI

   Profit before tax [I-II-lII+IV+V]      43,345        46,676        42,583        173,422  
     

 

 

    

 

 

    

 

 

    

 

 

 

VII

   Tax expense      9,782        11,460        9,218        40,767  
     

 

 

    

 

 

    

 

 

    

 

 

 

VIII

   Profit for the period [VI -VII]      33,563        35,216        33,365        132,655  
     

 

 

    

 

 

    

 

 

    

 

 

 
   Other comprehensive income (OCI)            
  

Items that will not be reclassified to profit or loss in subsequent periods

           
  

Remeasurement of the defined benefit plans, net

     392        363        (229      132  
  

Net change in fair value of investment in equity instruments measured at fair value through OCI

     660        (963      (1      (1,448
  

Items that will be reclassified to profit or loss in subsequent periods

           
  

Foreign currency translation differences

     (1,159      21,655        6,583        46,643  
  

Net change in time value of option contracts designated as cash flow hedges, net of taxes

     180        132        (274      55  
  

Net change in intrinsic value of option contracts designated as cash flow hedges, net of taxes

     912        (719      170        ( 1,234
  

Net change in fair value of forward contracts designated as cash flow hedges, net of taxes

     3,767        (3,682      (1      (6,015
  

Net change in fair value of investment in debt instruments measured at fair value through OCI, net of taxes

     482        ( 1,622      588        (2,094
     

 

 

    

 

 

    

 

 

    

 

 

 

IX

   Total other comprehensive income for the period, net of taxes      5,234        15,164        6,836        36,039  
     

 

 

    

 

 

    

 

 

    

 

 

 
   Total comprehensive income for the period [VIII+IX]      38,797        50,380        40,201        168,694  
     

 

 

    

 

 

    

 

 

    

 

 

 

 

1


X

   Profit for the period attributable to:            
   Equity holders of the Company      33,520        35,018        33,304        131,974  
   Non-controlling interests      43        198        61        681  
     

 

 

    

 

 

    

 

 

    

 

 

 
        33,563        35,216        33,365        132,655  
     

 

 

    

 

 

    

 

 

    

 

 

 
   Total comprehensive income for the period attributable to:            
   Equity holders of the Company      38,757        50,037        40,137        167,767  
   Non-Controlling interests      40        343        64        927  
     

 

 

    

 

 

    

 

 

    

 

 

 
        38,797        50,380        40,201        168,694  
     

 

 

    

 

 

    

 

 

    

 

 

 

XI

   Paid up equity share capital (Par value 2 per share)      19,807        20,977        20,965        20,977  
     

 

 

    

 

 

    

 

 

    

 

 

 

XII

   Reserves excluding revaluation reserves and Non-Controlling interests as per balance sheet               864,391  
              

 

 

 

XIII

   Earnings per share (EPS)            
   (Equity shares of par value of 2/- each) (EPS for the three months ended periods are not annualized)            
   Basic (in )      3.20        3.34        3.18        12.60  
   Diluted (in )      3.20        3.33        3.17        12.56  

 

1.

The audited consolidated financial results of the Company for the three months ended June 30, 2026, have been approved by the Board of Directors of the Company at its meeting held on July 16, 2026. The Company confirms that its statutory auditors. Deloitte Haskins & Sells LLP have issued an audit report with unmodified opinion on the consolidated financial results for the three months ended June 30, 2026.

2.

The above consolidated financial results have been prepared on the basis of the audited interim condensed consolidated financial statements for the three months ended June 30, 2026, which arc prepared in accordance with International Financial Reporting Standards and its interpretations (“IFRS”), as issued by the International Accounting Standards Board (“IASB”). All amount included in the consolidated financial results (including notes) are reported in millions of Indian rupees ( in millions) except share and per share data, unless otherwise stated.

3.

(Gain)/loss on sale of property, plant and equipment for the year ended March 31, 2026, includes gain on transfer of building of (405).

4.

Employee benefits expense includes impact of past service cost on gratuity and remeasurement of leave encashment due to implementation of new labour code amounting to (272) for the three months ended March 31, 2026 and 2,756 for the year ended March 31, 2026.

 

5.

List of subsidiaries, associate and joint venture as at June 30, 2026 are provided in the table below:

 

Subsidiaries

  

Subsidiaries

  

Subsidiaries

  

Country of Incorporation

   Holding  

Attune Consulting India Private Limited

         India      100.00%  

Capco Technologies Private Limited

         India      100.00%  

Wipro Chengdu Limited

         China      8.96%  

Wipro Holdings (UK) Limited

   Wipro Technologies SRL      

U.K.

Romania

    
100.00%
^
 
 

Wipro IT Services Bangladesh Limited

         Bangladesh      100.00%  

Wipro IT Services UK Societas

   Capco Consulting Middle East FZE      

U.K.

UAE

    

100.00%

100.00%

 

 

  

Designit A/S

 

  

 

Designit Denmark A/S
Designit Germany GmbH
Designit Oslo A/S
Designit Spain Digital, S. L.U
Designit T .L.V Ltd .

  

Denmark

Denmark

Germany

Norway

Spain

Israel

    

l00.00%

100.00%

100.00%

100.00%

100.00%

100.00%

 

 

 

 

 

 

   Wipro Bahrain Limited Co. W.L. L       Bahrain      100.00%  
   Wipro Czech Republic IT Services s.r.o.       Czech Republic      100.00%  
   Wipro CRM Services       Belgium      100.00%  
      Wipro 4C Consulting France SAS    France      100.00%  
      Wipro CRM Services B.V.    Netherlands      100.00%  
      Wipro CRM Services ApS    Denmark      100.00%  

 

2


      Wipro CRM Services UK Limited    U.K.      100.00
   Grove Holdings 2 S.á.r.l       Luxembourg      100.00
      Capco Solution Services GmbH    Germany      100.00
      The Capital Markets Company    Italy      100.00
      Italy Srl      
      Capco Brasil Serviços E    Brazil      99.99
      Consultoria Ltda      
      The Capital Markets Company    Belgium      100.00
      BV (l)      
   PT. WT Indonesia       Indonesia      99.60
   Rainbow Software LLC       Iraq      100.00
   Wipro Arabia Co. Limited       Saudi Arabia      66.67
      Women’s Business Park    Saudi Arabia      100.00
      Technologies Limited      
   Wipro Doha LLC       Qatar      100.00
   Wipro Financial Outsourcing       U.K.      100.00
   Services Limited         
      Wipro UK Limited    U.K.      100.00
   Wipro Gulf LLC       Sultanate of Oman      99.98
   Wipro Information Technology       Netherlands      100.00
   Netherlands BV.         
      Wipro Gulf LLC    Sultanate of Oman      0.02
      Wipro Technologies SA    Argentina      2.62
      Wipro (Thailand) Co. Limited    Thailand      0.03
      Wipro Technologies GmbH    Germany      14.87
      Wipro do Brasil Sistemas De Informatica Ltda    Brazil      0.07
      Wipro Do Brasil Technologia    Brazil      99.44
      Ltda (1)      
      Wipro Information Technology Kazakhstan LLP    Kazakhstan      100.00
      Wipro Outsourcing Services (Ireland) Limited    Ireland      100.00
      Wipro Portugal S.A. (1)    Portugal      100.00
      Wipro Solutions Canada Limited    Canada      100.00
      Wipro Technologies Limited    Russia      99.99
      Wipro Technologies Peru SAC    Peru      99.98
      Wipro Technologies W.T.    Costa Rica      100.00
      Sociedad Anonima      
      Wipro Technology Chile SPA    Chile      100.00
      Applied Value Technologies B.V.    Netherlands      100.00
   Wipro IT Service Ukraine, LLC       Ukraine      100.00
   Wipro IT Services Poland SP Z.O.O       Poland      100.00
   Wipro IT Services S.R.L.       Romania      100.00
   Wipro Regional Headquarters       Saudi Arabia      100.00
   Wipro Technologies Australia Pty Ltd       Australia      100.00
      Wipro Ampion Holdings Pty Ltd (1)    Australia      100.00
   Wipro Technologies SA       Argentina      97.38
   Wipro Technologies SA DE CV       Mexico      91.08
   Wipro Technologies South Africa (Proprietary) Limited       South Africa      69.42
      Wipro Technologies Nigeria    Nigeria      99.84
      Limited      
   Wipro Technologies SRL       Romania      100.00
   Wipro (Thailand) Co. Limited       Thailand      99.97
   Wipro Shanghai Limited       China      84.63
   Wipro Technologies Nigeria Limited       Nigeria      0.16
   Wipro Technologies Limited       Russia      0.01
   Wipro Technologies Peru SAC       Peru      0.02

Wipro Japan KK

         Japan      100.00

 

3


Wipro Networks Pte Limited

         Singapore      100.00
   Applied Value Technologies Pte. Limited       Singapore      100.00
   Wipro Chengdu Limited       China      91.04
   PT. WT Indonesia       Indonesia      0.40
   Wipro (Thailand) Co. Limited       Thailand      ^  
   Wipro (Dalian) Limited       China      100.00
   Wipro Technologies SDN BHD       Malaysia      100.00
   Wipro (Tianjin ) Limited       China      100.00
   Mindsprint Pte Ltd. (4)       Singapore      100.00
      Mindsprint Digital India Pvt. Ltd.    India      99.99
      Mindsprint UK Limited    UK      100.00
      Mindsprint Solutions Company (1)    Saudi Arabia      100.00
      Mindsprint Malaysia SDN BHD    Malaysia      100.00
   Mindsprint Digital India Pvt. Ltd. (4)       India      0.01

Wipro Philippines, Inc.

         Philippines      100.00

Wipro Shanghai Limited

         China      15.37

Wipro Travel Services Limited

         India      100.00

Wipro, LLC

         USA      100.00
   Wipro Technologies SA DE CV       Mexico      8.92
   Wipro Gallagher Solutions, LLC       USA      100.00
   Wipro Insurance Solutions, LLC       USA      100.00
   Wipro IT Services. LLC       USA      100.00
      Aggne Global Inc. (2)    USA      80.00
      Edgile, LLC    USA      100.00
      HealthPlan Services, Inc. (1)    USA      100.00
      lnfocrossing, LLC    USA      100.00
      International TechneGroup Incorporated (1)    USA      100.00
      Wipro NextGen Enterprise Inc. (1)    USA      100.00
      Rizing Intermediate Holdings, Inc. (1)    USA      100.00
      Wipro Appirio, Inc. (1)    USA      100.00
      Wipro Designit Services, Inc. (1)    USA      100.00
      Wipro Telecom Consulting LLC    USA      100.00
      Wipro VLSI Design Services, LLC    USA      100.00
      Applied Value Technologies, Inc.    USA      100.00
      Wipro Business Services LLC    USA      100.00
      The Capital Markets Company,    USA      100.00
      LLC (l)      

Aggne Global IT Services Private Limited (3)

         India      80.00

Wipro, Inc .

         USA      100.00
   Wipro Life Science Solutions, LLC       USA      100.00

Wipro Connected Services, Inc.

         USA      100.00
   Wipro Connected Services       Mauritius      100.00
   Mauritius Pvt Ltd         
      Connected Services Corporation    India      98.40
      Wipro India Private Limited      
   Connected Services Corporation       India      1.60
   Wipro India Private Limited         
   Wipro Connected Services       USA      100.00
   Engineering Corp.         
   Wipro Connected Services UK Limited       UK      100.00
      Harman Connected Services Morocco    Morocco      100.00
   Wipro Connected Service US       USA      100.00
   Midco LLC         

 

4


      Wipro Connected Services AB (Formerly known as Harman Connected Services AB) (1)    Sweden      100.00

The Wipro SA Broad Based Ownership Scheme Trust

           
   Wipro SA Broad Based Ownership Scheme SPV (RF) (PTY) LTD            100.00
      Wipro Technologies South Africa (Proprietary) Limited    South Africa      30.58

 

^Value

is less than 0.01%

The Company controls ‘The Wipro SA Broad Based Ownership Scheme Trust’, ‘Wipro SA Broad Based Ownership Scheme SPV (RF) (PTY) LTD’ incorporated in South Africa and Wipro Foundation in India.

 

(4) 

The Company, through its subsidiary, has acquired 100% shareholding in Mindsprint Pte. Ltd. and its subsidiaries, effective May 15, 2026.

(3) 

The Company has acquired an additional 20% stake in Aggne Global IT Services Private Limited, with effect from June 18, 2026.

(2) 

The step-down subsidiary of the Company, Wipro IT Services, LLC has acquired an additional 20% stake in Aggne Global Inc., with effect from June 1, 2026.

(1)

Step Subsidiary details of The Capital Markets Company LLC, HealthPlan Services, Inc., International TechneGroup Incorporated, Wipro NextGen Enterprise Inc., Rizing Intermediate Holdings, Inc., The Capital Markets Company BV, Wipro Ampion Holdings Pty Ltd. Wipro Appirio, Inc., Wipro Designit Services, Inc., Wipro do Brasil Technologia Ltda, Wipro Portugal S.A., Wipro Connected Services AB and Mindsprint Solutions Company are as follows:

 

Subsidiaries

  

Subsidiaries

  

Subsidiaries

  

Country of
Incorporation

   Holding  

The Capital Markets Company, LLC

         USA   
   Capco Consulting Services LLC       USA      100.00

HealthPlan Services, Inc.

         USA   
   HealthPlan Services Insurance       USA      100.00
   Agency, LLC         

International TechneGroup Incorporated

         USA   
   International TechneGroup Ltd.       U.K.      100.00
   ITI Proficiency Ltd       Israel      100.00
   MechWorks S.R.L.       Italy      100.00

Wipro NextGen Enterprise Inc.

         USA   
   LeanSwift AB       Sweden      100.00

Rizing Intermediate Holdings, Inc.

         USA   
   Rizing Lanka (Private) Ltd       Sri Lanka      100.00
      Attune Netherlands B.V. (5)    Netherlands      100.00
   Rizing Solutions Canada Inc.       Canada      100.00
   Rizing LLC       USA      100.00
      Razing B.V.    Netherlands      100.00
      Rizing Consulting Ireland Limited    Ireland      100.00
      Rizing Consulting Pty Ltd.    Australia      100.00
      Rizing Geospatial LLC    USA      100.00
      Rizing GmbH    Germany      100.00
      Rizing Limited    U.K.      100.00
      Rizing Pte Ltd. (5)    Singapore      100.00

The Capital Markets Company BV

         Belgium   
   CapAfric Consulting (Pty) Ltd       South Africa      100.00
   Capco Belgium BV       Belgium      100.00
      The Capital Markets Company s.r.o    Slovakia      15.00
      Capco Consultancy (Thailand) Ltd    Thailand      0.04

 

5


   Capco Consultancy (Malaysia) Sdn. Bhd       Malaysia      100.00
   Capco Consultancy (Thailand) Ltd       Thailand      99.92
   Capco Consulting Singapore Pte. Ltd       Singapore      100.00
   Capco Greece Single Member P.C       Greece      100.00
   Capco Poland sp. z.o.o       Poland      100.00
   The Capital Markets Company (UK) Ltd       U.K.      100.00
      Capco Consultancy (Thailand) Ltd    Thailand      0.04
      The Capital Markets Company Limited    Hong Kong      0.01
   The Capital Markets Company GmbH       Germany      100.00
      Capco Austria GmbH    Austria      100.00
   The Capital Markets Company Limited       Hong Kong      99.99
   The Capital Markets Company       Canada      100.00
   Limited         
      Capco Brasil Servicos E Consultoria Ltda    Brazil      0.01
   The Capital Markets Company S.á.r.l       Switzerland      100.00
      Andrion AG    Switzerland      100 .00
   The Capital Markets Company S.A.S       France      100.00
   The Capital Markets Company s.r.o       Slovakia      85.00

Wipro Ampion Holdings Pty Ltd

         Australia   
   Wipro Revolution IT Pty Ltd       Australia      100.00
   Wipro Shelde Australia Pty Ltd       Australia      100.00

Wipro Appirio, Inc.

         USA   
   Wipro Appirio (Ireland) Limited       Ireland      100.00
      Wipro Appirio UK Limited    U.K.      100.00
   Topcoder, LLC       USA      100.00

Wipro Designit Services, lnc.

         USA   
   Wipro Designit Services Limited       Ireland      100.00

Wipro do Brasil Techno logia Ltda

         Brazil   
   Wipro do Brasil Servicos Ltda       Brazil      100.00
   Wipro Do Brasil Sistemas De Informatica Ltda       Brazil      96.84

Wipro Portugal S.A.

         Portugal   
   Wipro do Brasil Technologia Lida       Brazil      0.56
   Wipro Do Brasil Sistemas De       Brazil      3.09
   lnformatica Ltda         
   Wipro Technologies GmbH       Germany      85.13
      Wipro Business Solutions GmbH(5)    Germany      100.00
      Wipro IT Services Austria GmbH    Austria      100.00

Wipro Connected Services AB

         Sweden   

(Formerly known as Harman

           

Connected Services AB)

           
   Wipro Connected Services       China      100.00
   Solutions (Chengdu) Co. Ltd.         
   (Formerly known as Harman         
   Connected Services Solutions         
   (Chengdu) Co. Ltd.)         

Mindsprint Solutions Company

         Saudi Arabia   
   Mindsprint Inc.       USA      100.00

 

6


(5)

Step Subsidiary details of Attune Netherlands B.V., Rizing Pte Ltd. and Wipro Business Solutions GmbH are as follows:

 

Subsidiaries

   Subsidiaries   

Subsidiaries

        Country of
Incorporation
 

Attune Netherlands B.V.

   Rizing Germany GmbH
Attune Italia S.R.L

Attune UK Ltd.

     

Netherlands
Germany

Italy

U.K.

    

100.00%
100.00%
100.00%
 
 
 

Rizing Pte Ltd.

   Rizing New Zealand Ltd.

Rizing Philippines Inc.

Rizing SDN BHD
Rizing Solutions Pty Ltd

     

Singapore

New Zealand Philippines
Malaysia

Australia

    


100.00%
100.00%
100.00%
100.00%
 
 
 
 

Wipro Business Solutions GmbH

   Wipro Technology Solutions S.R.L       Germany
Romania
     100.00%  

As at June 30, 2026, Wipro, LLC held 43.7% interest in Drivestream Inc. and Wipro IT Services LLC held 27% interest in SDVerse LLC, accounted for using the equity method.

The list of controlled trusts are:

 

Name of the entity

  

Country of incorporation

Wipro Equity Reward Trust

  

India

Wipro Foundation

   India

 

6.

Segment Information

The Company is organized into the following operating segments: IT Services and IT Products.

IT Services: The IT Services segment primarily consists of IT services offerings to customers organized by four Strategic Market Units (“SMUs”) - Americas 1, Americas 2, Europe and Asia Pacific Middle East and Africa (“APMEA”).

Americas 1 and Americas 2 are organized by industry sector, while Europe and APMEA are organized by countries.

Effective April 1, 2026, the customers across Latin America and Canada are aligned with the respective industry sectors in Americas 1 and Americas 2. Additionally, Hi-tech sector and airports as a sub-sector for Americas are now subsumed under existing sectors of Americas 1. Prior period comparables are readjusted to reflect this change.

Americas 1 includes the following industry sectors in the United States of America, Latin America and Canada: Communication, Media and Networks, Technology Software and Gaming, Technology New Age, Health and Consumer. Americas 2 includes the following industry sectors in the United States of America, Latin America, and Canada: Banking and Financial Services, Energy, Manufacturing and Resources and Capital Markets and Insurance. Europe consists of the United Kingdom and Ireland, Switzerland, Germany and Western Europe. APMEA consists of Australia and New Zealand, Southeast Asia, Japan, India, the Middle East, and Africa.

Revenue from each customer is attributed to the respective SMUs based on the location of the customer’s primary buying center of such services. With respect to certain strategic global customers, revenue may be generated from multiple countries based on such customer’s buying centers, but the total revenue related to these strategic global customers are attributed to a single SMU based on the geographical location of key decision makers.

Our IT Services segment provides a range of AI-powered IT and IT-enabled services including AI advisory, industry & functional consulting, AI native development, customer centric design, modernization, custom application development, infrastructure services, cybersecurity services, data and analytics services, business process services research and development, and hardware and software design. Through AI-powered, consulting-led solutions, we help our clients transform their businesses to drive better efficiencies and generate new growth opportunities.

IT Products: The Company is a value-added reseller of security, packaged and SaaS software for leading international brands. In certain total outsourcing contracts of the IT Services segment, the Company delivers hardware, software products and other related deliverables. Revenue relating to these items is reported as revenue from the sale of IT Products.

The Chief Executive Officer (“CEO”) and Managing Director of the Company has been identified as the Chief Operating Decision Maker as defined by IFRS 8, “Operating Segments”. The CEO of the Company evaluates the segments based on their revenue growth and operating income.

Assets and liabilities used in the Company’s business are not identified to any of the operating segments, as these are used interchangeably between segments. Management believes that it is currently not practicable to provide segment disclosures relating to total assets and liabilities since a meaningful segregation of the available data is onerous.

 

7


Information on reportable segments for the three months ended June 30, 2026, March 31, 2026, June 30, 2025, and year ended March 31, 2026 are as follows:

 

Particulars

   Three months ended     Year ended  
   June 30,
2026
    March 31,
2026
    June 30,
2025
    March
31,2026
 
   Audited     Audited     Audited     Audited  
Segment revenue         

IT Services

        

Americas 1

     86,087       85,414       79,039       328,118  

Americas 2

     62,119       61,718       61,128       246,530  

Europe

     66,569       65,412       56,817       244,165  

APMEA

     29,754       27,623       23,816       102,340  
  

 

 

   

 

 

   

 

 

   

 

 

 

Total of IT Services

     244,529       240,167       220,800       921,153  

IT Products

     1,036       2,521       728       6,940  
  

 

 

   

 

 

   

 

 

   

 

 

 

Total segment revenue

     245,565       242,688       221,528       928,093  
  

 

 

   

 

 

   

 

 

   

 

 

 

Segment result

        

IT Services

        

Americas 1

     16,691       18,089       16,316       69,852  

Americas 2

     9,874       10,150       12,063       46,182  

Europe

     9,047       10,092       6,026       31,083  

APMEA

     4,362       5,085       2,979       14,955  

Unallocated

     (787     (1,899     750       (3,426
  

 

 

   

 

 

   

 

 

   

 

 

 

Total of IT Services

     39,187       41,517       38,134       158,646  

IT Products

     16       211       20       559  

Reconciling Items

     3       235       (2,430     (7,954
  

 

 

   

 

 

   

 

 

   

 

 

 

Total segment result

     39,206       41,963       35,724       151,251  
  

 

 

   

 

 

   

 

 

   

 

 

 

Finance expenses

     (4,728     (3,701     (3,608     (14,577

Finance and other income

     8,872       8,387       10,417       36,491  

Share of net profit/ (loss) of associate and joint venture accounted for using the equity method

     (5     27       50       257  
  

 

 

   

 

 

   

 

 

   

 

 

 

Profit before tax

     43,345       46,676       42,583       173,422  
  

 

 

   

 

 

   

 

 

   

 

 

 

Notes:

  a)

“Reconciling Items” includes elimination of inter-segment transactions and other corporate activities.

  b)

Revenue from sale of the Company owned intellectual properties is reported as part of IT Services revenues.

  c)

For the purpose of segment reporting, the Company has included the net impact of foreign exchange gains/(losses), net in revenues amounting to 779, 325, and 182 for the three months ended June 30, 2026, March 31, 2026 and June 30, 2025, respectively, 1,853 for the year ended March 31, 2026, which is reported under foreign exchange gains/(losses). net in the consolidated financial results.

  d)

Restructuring cost of Nil, Nil and 2,469 for the three months ended June 30, 2026, March 31, 2026 and June 30, 2025, respectively, and 5,139 for the year ended March 31, 2026, is included under Reconciling Items.

  e)

Impact of past service cost on gratuity and remeasurement of leave encashment due to implementation of new labour code amounting to (272) for the three months ended March 31, 2026 and 2,756 for the year ended March 31, 2026, is included under Reconciling items.

  f)

“Unallocated” within IT Services segment results is after recognition of the below:

 

Particulars

   Three months ended      Year ended  
   June
30, 2026
     March
31, 2026
     June
30, 2025
     March
31, 2026
 

Amortization and impairment expenses on intangible assets

     2,407        1,840        1,625        7,787  

Change in fair value of contingent consideration

     —         ^        48        49  

 

  ^

Value is less than 0.5

 

  g)

Segment results or IT Services segment are after recognition of share-based compensation expense; 601, 1,400 and 436 for the three months ended June 30, 2026, March 3l, 2026, and June 30, 2025, respectively and 4,465 for the year ended March 31, 2026.

  h)

Segment results of IT Services segment are after recognition of (gain)/loss on sale of property, plant and equipment of ( 139), 170 and (66) for the three months ended June 30, 2026, March 31, 2026 and June 30, 2025, respectively, and (393) for the year ended March 31, 2026.

 

7.

Decline in the revenue and earnings estimates led to revision of recoverable value of customer-relationship intangible assets and marketing rela ted intangible assets recognized on business combinations, Consequently. the Company has recognized impairment charge of 851, for the year ended March 31, 2026. as part of depreciation, amortization and impairment expense.

 

8


8.

Buyback of equity shares

On April 16, 2026, the Board or Directors approved a proposal to Buyback up to 600,000,000 fully paid-up equity shares of 2 each (representing up to 5.7% of the number of equity shares in the paid-up equity share capital as at March 31, 2026) from the shareholders of the Company on a proportionate basis by way of a tender offer at a price of 250 per equity share for an aggregate amount not exceeding 150,000 (“Buyback”), in accordance with the provisions contained in the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018, as amended and the Companies Act, 2013 and rules made thereunder (“Buyback Regulations”). Subsequently, the shareholders of the Company approved the Buyback, by way of a special resolution. through a postal ballot.

In accordance with the provisions of the Buyback Regulations. the Letter of offer for the Buyback was filed with SEBI on June 9, 2026, and tender period for Buyback opened on June 11, 2026, and closed on June l7, 2026. The settlement of all valid bids was completed on June 24, 2026, and the equity shares bought back were extinguished on June 25, 2026

During the three months ended June 30, 2026, the Company concluded the buyback of 600,000,000 equity shares (at a price of 250 per equity share) as approved by the Board or Directors on April 16, 2026. This has resulted in a total cash outflow of 150,497 (including transaction costs related to buyback of 497). In line with the requirement of the Companies Act, 2013, an amount of 8,457 and 141,543 has been utilized from share premium and retained earnings respectively. Further, capital redemption reserve (included in other reserves) of 1,200 (representing the nominal value or the shares bought back) has been created as an apportionment from retained earnings. Consequent lo such buyback, the paid-up equity share capital has reduced by 1,200.

 

9.

Events after the reporting period

The Board of Directors in their meeting held on July 16, 2026, declared an interim dividend of 2/- (U.S.$ 0.02) per equity share and ADR ( 100% on an equity share of par value of 2 /-).

 

By order of the Board,    For. Wipro Limited
  

/s/ Rishad A. Premji

Place: Bengaluru    Rishad A. Premji
Date: July 16, 2026    Chairman    

 

9

Filing Exhibits & Attachments

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