Wipro Q1 profit forecast signals sequential decline and margin pressure ahead of July 16 results

Brokerage estimates point to a weak June quarter for the Indian IT services giant, with net profit expected to fall 3-9% sequentially as investors weigh traditional services headwinds.

By Handelsavisen Newsroom · Automated 2026-07-12 16:02 UTC · 1 min read

Wipro is set to report a challenging first quarter of fiscal 2027, with brokerage consensus forecasting a sequential decline in net profit and continued margin compression.

The Indian IT services major will announce its audited standalone and consolidated financial results on July 16, following a board meeting scheduled for the same date to approve the figures.

4% to 4%. The forecasts also indicate a decrease in constant currency revenue, reflecting persistent softness in the broader IT services sector.

Analysts estimate net profit for the June quarter will land between ₹3,394 crore and ₹3,528 crore.

This range implies a sequential drop of 3.1% to 9% and a year-on-year decline of 1.4% to 4%.

The forecasts also indicate a decrease in constant currency revenue, reflecting persistent softness in the broader IT services sector.

The muted outlook underscores the ongoing pressure on traditional IT services providers as their investor base increasingly questions the long-term value proposition of legacy business models.