Mumbai, July 18 -- On a quarter on quarter (QoQ) basis, the IT firm's net profit declined 6.7%, while revenue rose 1.64% in Q1 FY26.

Profit before tax was at Rs 4,258.3 crore during the quarter, down 10.29% quarter on quarter (QoQ) but up 5.89% (YoY).

In dollar terms, Wipro's gross revenue for Q1 FY26 stood at $2,581.6 million, registering a 1.6% decrease QoQ and a 0.8% rise YoY. The revenue from its IT services segment was $2,587.4 million, marking a decline of 2.0% QoQ and 2.3% YoY.

In Q1 FY26, Wipro's IT services segment reported an operating margin of 17.3%, contraction of 0.2% QoQ and

expansion of 0.8% YoY. The Non-GAAP constant currency revenue for the IT services segment decreased by 2.0% QoQ and 2.3% YoY.

During the quarter,...