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45· Steady
Markets1h 26m ago
Wipro reported a flat net profit of Rs 3,352 crore for Q1FY27, with revenue growth at 10.6% and a decline in operating margin.
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India
Who
Wipro
What
Wipro reported a flat net profit of Rs 3,352 crore for Q1FY27, with revenue growth at 10.6% and a decline in operating margin.
When
Fri, 17 Jul 2026 02:24:25 GMT · 1h 26m ago
Where
India ·
Why
The company cited deal booking and attrition challenges impacting performance and outlook.
The Frontline Impact
How this affects you
Wipro's Q1FY27 financial results and Q2 guidance fell short of market expectations, indicating potential headwinds for the IT services sector. The company faces challenges related to securing new deals and employee attrition.
Story chain
1 event in this threadNo related history yet - this is the origin event.