Financial position as Q1 FY26!

Wipro's current financial position as of Q1 FY 2026 and outlook for Q2 FY 2026 reflects a mixed but resilient scenario amid some operational challenges:

• For Q1 FY 2026 (ending June 30, 2025), Wipro reported gross revenue of ₹22,134 crore (~$2.58 billion), which was a 1.6% quarter-on-quarter decline but a slight 0.8% year-on-year increase. The IT Services revenue showed softness with a sequential revenue dip of about 2% in constant currency terms.

• Net profit declined 7% to ₹3,336 crore, slightly better than analyst estimates. Operating profit margin contracted by about 1.3 percentage points to 16.0%, though operating margin expanded slightly year-on-year to 17.3% due to cost management efforts.

• Wipro’s order bookings were robust with total contract value (TCV) bookings of about $5 billion for Q1, up 51% year-over-year, and large deal bookings surged 131% year-on-year, indicating strong future business pipeline.

• For Q2 FY 2026 (ending September 2025), Wipro projects IT Services revenue in the range of $2.56 billion to $2.61 billion, implying a flat to slight 1% sequential growth in constant currency, reflecting cautious guidance amid macroeconomic uncertainties.

• Wipro maintains strong cash generation with free cash flow conversion over 115% of net income and has declared an interim dividend of ₹5 per share recently, demonstrating good liquidity and shareholder returns.

• The company is investing strategically in AI-powered solutions, consulting-led engagements, and digital transformation to stimulate growth going forward, especially in the second half of FY 2026.

In summary:

Wipro's financial position remains stable with solid cash reserves and profitability despite some near-term revenue softness and margin pressure. Strong deal wins and a healthy order book signal confidence in future growth. The company’s cautious revenue guidance for Q2 indicates awareness of ongoing macroeconomic headwinds, but operational cost control and strategic investments support resilience. Market confidence is underpinned by Wipro’s strong profit growth, cash flow strength, and digital innovation focus, although the company faces the challenge of sustained revenue growth in a competitive global IT services market.

If you want, I can provide more detailed metrics or a comparison with past quarters. Sources:Mint