Indian software services provider Wipro Limited (WIT) reported first quarter net income attributable to the equity holders of the company of $284 million, representing an increase of 18% over the same period last year. Earnings per equity share for the quarter were $0.12.
Non-GAAP Adjusted Net Income for the quarter was $283 million, representing an increase of 19% over the same period last year. Wipro reports results on the basis of International Financial Reporting Standards.
Total Revenue for the quarter was $1.92 billion, representing an increase of 24% over the same period last year. IT Services Revenues for the quarter were $1.496 million. Analysts polled by Thomson Reuters expected the company to earn $0.12 per share for the quarter on $2.00 billion revenues. Analysts' estimates typically exclude special items.
Looking ahead, the company expects second quarter revenues from IT Services business to be in the range of $1.520 billion to $1.550 billion.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.