Wipro Ltd (NYSE:WIT)
$ 1.87 +0.020 (+1.08%) Market Cap: 18.50 Bil Enterprise Value: 14.96 Bil PE Ratio: 13.96 PB Ratio: 2.07 GF Score: 86/100

Q3 2026 Wipro Ltd Earnings Call Transcript

Jan 16, 2026 / 01:30 PM GMT
Release Date Price: $2.75 (-7.41%)

Key Points

Positve
  • Wipro Ltd (WIT) achieved a sequential revenue growth of 1.4% in constant currency terms for its IT services, with a broad-based growth across four out of five sectors.
  • The company marked significant milestones, celebrating 80 years as a company and 25 years of being listed on the New York Stock Exchange, reflecting strong governance and a foundation of trust.
  • Operating margins expanded to 17.6%, marking one of the best margin performances in the last seven quarters.
  • Wipro Ltd (WIT) closed $3.3 billion in total contract value and $871 million in large deal bookings, indicating strong deal momentum.
  • The integration of Harman DTS is expected to strengthen Wipro Ltd (WIT)'s engineering capabilities and accelerate AI-driven product innovation, opening new regions and high-growth industries.
Negative
  • The energy, manufacturing, and resources verticals experienced a revenue decline, with a $24 million loss attributed to macroeconomic uncertainties and disrupted supply chains.
  • There are delays in ramp-ups of some large deals, impacting growth projections for the next quarter.
  • The consumer vertical showed a year-on-year decline, impacted by tariffs and a large safety program put on hold by a customer.
  • Wipro Ltd (WIT) faces challenges in maintaining its operating margins due to the incremental dilution from the Harman DTS acquisition and potential wage increases.
  • The total contract value and large deal bookings were softer compared to the strong momentum in the earlier three quarters, possibly due to client decision-making slowdowns or competitive pressures.


Refinitiv StreetEvents Event Transcript
P R E L I M I N A R Y V E R S I O N

WIPR.NS - Wipro Ltd
Q3 2026 Wipro Ltd Earnings Call
Jan 16, 2026 / 01:30PM GMT

=====================
Conference Call Participants
=====================
* >>NOTE
* >>Transcription Start

=====================
Presentation
--------------------------------------------------------------------------------
>>NOTE [1]
--------------------------------------------------------------------------------

THIS TRANSCRIPT IS THE INITIAL PRELIMINARY VERSION WHICH LEVERAGES MACHINE LEARNING TECHNOLOGY. AS SUCH, PLEASE BE AWARE THERE MAY BE INACCURACIES IN THE TEXT DISPLAYED. FUTURE EDITED VERSIONS WILL BE REVIEWED FOR GREATER ACCURACY.

--------------------------------------------------------------------------------
>>Transcription Start, [2]
--------------------------------------------------------------------------------

Ladies and gentlemen, good day and welcome to Vipro Limited Q3 F 526 earnings conference call.

As a reminder, all participant lines will
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot