News

Wipro has allotted 38,24,940 equity shares under ADS Restricted Stock Unit Plan 2004, 1,59,198 equity shares under the Restricted Stock Unit Plan 2007 and 14,65,258 under Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024 on 05 May 2026, pursuant to exercise of ESOPs.

Wipro has allotted 3,41,897 equity shares under ADS Restricted Stock Unit Plan 2004 and 37,984 equity shares under the Restricted Stock Unit Plan 2007 on 21 April 2026, pursuant to exercise of ESOPs.

Net profit of Wipro declined 1.90% to Rs 3501.80 crore in the quarter ended March 2026 as against Rs 3569.60 crore during the previous quarter ended March 2025. Sales rose 7.70% to Rs 24236.30 crore in the quarter ended March 2026 as against Rs 22504.20 crore during the previous quarter ended March 2025.For the full year,net profit rose 0.47% to Rs 13197.40 crore in the year ended March 2026 as against Rs 13135.40 crore during the previous year ended March 2025. Sales rose 3.97% to Rs 92624.00 crore in the year ended March 2026 as against Rs 89088.40 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales24236.3022504.20 8 92624.0089088.40 4 OPM %20.2620.55 -19.2320.23 - PBDT5396.105464.70 -1 20252.9020453.60 -1 PBT4667.604743.00 -2 17342.2017495.70 -1 NP3501.803569.60 -2 13197.4013135.40 0 Powered by Capital Market - Live News

Wipro through its subsidiaries, has signed a definitive agreement on 14 April 2026 to acquire select customer contracts of Alpha Net Consulting LLC and its subsidiaries for a purchase consideration of up to USD 70.8 million. The business acquisition will enable Wipro`s access to certain key clientele, their customer contracts as well as the related workforce, which will augment Wipro`s existing AIpowered, and Consulting-led application services capabilities, thus helping drive new growth opportunities. The transaction is expected to be completed by 30 June 2026.Wipro is acquiring certain customer contracts from the Alpha Net Group, which was founded in 2001 and is headquartered in Santa Clara, California, USA with additional presence in Singapore, India, UK, and Netherlands. The Alpha Net Group provides enterprise software development, data engineering, and managed services for global clientele in an AI-first world.

Wipro announced that it has secured a multi-year strategic transformation deal with Olam Group. The 8-year engagement with Olam Group is expected to exceed US$ 1 billion in contract value, with a committed spend of US$ 800 million. Olam Group is a leading US$ 50+1 Billion food and agri-business headquartered in Singapore, employing nearly 40,000 people, and majority owned by Temasek Holdings. As part of the engagement, Wipro will deliver end‑to‑end transformation services to Olam Group through a consulting‑led and AI‑powered approach. The engagement will draw on Wipro`s industry expertise, partnerships with leading technology providers, and Wipro Intelligence�, its unified suite of AI-powered platforms, solutions, and transformative offerings. Together, these capabilities will strengthen Olam Group`s core operations and support the creation of a sustainable competitive advantage.Building on this foundation, Wipro will deploy its capabilities across Olam Group`s �farm-to-fork` value chain, delivering industry-specific solutions that align with the Group`s business priorities. This will focus on areas such as farming, forecasting, trading, supply chain operations, and customer engagement, with the goal of improving operational effectiveness, strengthening resilience, and supporting long-term growth at scale.