EarningsQ1 2027 Earnings Report
MX:WITN Q1 2027 EPS Results
Actual EPS$0.60
Consensus EPS$0.63
Beat/MissMissed by -$0.04
One Year Ago EPS$0.67
MX:WITN Q1 2027 Revenue Results
Actual Revenue$46.78B
Expected Revenue$47.12B
Beat/MissMissed by -$341.30M
YoY Revenue Growth-0.05%
Earnings Announcement Details
QuarterQ1 2027
Date07/16/2026
TimeBefore Open
Conference CallThursday, July 16, 2026
MX:WITN Upcoming Earnings
Wipro's next earnings date is estimated for October 15, 2026, based on past reporting schedules.
Q1 2027 Earnings Call Audio
MX:WITN Q1 2027 Earnings Call
0:00 / 0:00
Q1 2027 Earnings Slide Deck
No slide deck is available for this earnings event.
Q1 2027 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call highlights a clear strategic pivot to AI with several tangible wins, healthy order bookings ($3.4B) and a strong cash position, but the company is facing near-term execution and margin pressures: sequential revenue decline, a 120-basis-point margin drop, regional softness (notably in Americas and EMR), and cautious Q2 guidance. Management emphasizes a long-term investment posture in AI and platforms while working to return margins to prior targeted bands, indicating a balanced mix of positive strategic momentum and short-term financial/headwind challenges.Company Guidance
Year-over-Year Revenue Growth
IT services revenue for Q1 was $2.61 billion, up 0.9% year-on-year (constant currency).
Strong Order Bookings and Large Deal Wins
Order bookings totaled $3.4 billion in the quarter, including $1.6 billion of large deal bookings across 13 large deals; notable deal wins include a global animal healthcare provider and a European specialty chemicals company.
AI-Led Client Outcomes and Product Momentum
Demonstrable AI outcomes across clients: multi-agent AI reduced provider enrollment processing times by up to 70% and automated manual effort by up to 90%. Multiple AI-native platforms (WINGS, Winx) and industry/AI offerings are in deployment.
Strategic AI Investments and Ecosystem Partnerships
Closed acquisition of Mindprint; launched an Applied AI Center of Excellence (cloud models powered by Anthropic); Wipro Ventures focused on AI/data/security startups; Capco won an OpenAI AI governance award and the UK AI lab won an OpenAI hackathon — signaling strengthened AI capabilities and ecosystem positioning.
Regional and Sector Outperformance
APMEA revenue grew 13.5% year-on-year and 4.4% sequentially; Europe grew 6.0% year-on-year. Technology & Communications sector grew 10.8% year-on-year; BFSI grew 2.6% year-on-year.
Healthy Cash Position and Shareholder Returns
Gross cash including investments was $4.3 billion; operating cash flow was strong at 98% of net income. Board declared an interim dividend of INR 2 and management noted >$3 billion returned to shareholders over the last year.
EPS and Net Income Modestly Improved
Reported income for the quarter was 33.6 billion (as stated in transcript) and EPS was INR 3.2; both grew approximately 0.6% year-on-year.
MX:WITN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed