Wipro Q1 FY27: Revenue Climbs 10.6% YoY, ₹2 Interim Dividend Declared
WIT is trading near its 52-week low of $1.8 (2.8% above the low) on light trading volume (0.4× avg).
Summary
Wipro posted Q1 FY2027 revenue of ₹244.8 billion, a 10.6% YoY increase, alongside net profit of ₹33.6 billion. The board declared an interim dividend of ₹2 per share, payable by August 14, 2026.
Key Events · Earnings and Guidance · WIT
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Q1 Revenue Up 10.6% YoY
Consolidated revenue reached ₹244,786 million, fueled by broad-based growth across IT Services segments—most notably Europe, up 17.2% YoY, and APMEA, surging 24.9% YoY.
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Net Profit Margin Stable
Net profit came in at ₹33,563 million, a marginal uptick from ₹33,365 million a year ago, translating to basic EPS of ₹3.20 per share.
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Interim Dividend Declared
The board approved an interim dividend of ₹2 per equity share (US$0.02 per ADR), with a record date of July 27, 2026, and payment on or before August 14, 2026.
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Buyback Completion Reduces Share Count
The recently concluded ₹150 billion buyback extinguished 600 million shares, reducing paid-up capital and boosting per-share earnings metrics.
Analysis · WIT · Technology
First-quarter results underscore steady execution, with revenue climbing 10.6% year-over-year to ₹244.8 billion and net profit edging up to ₹33.6 billion. An interim dividend of ₹2 per share, payable by August 14, underscores management's confidence. While the stock hovers near its 52-week low, the recent completion of a massive ₹150 billion buyback has shrunk the share count, lifting per-share metrics. The update offers a stable operational snapshot but lacks a decisive catalyst to reverse the recent downtrend.
At the time of this filing, WIT was trading at $1.85 on NYSE in the Technology sector, with a market capitalization of approximately $18.1B. The 52-week trading range was $1.80 to $3.12. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.