Sharp Share Price Decline After Q3 FY26 Results
Sharp Drop in Wipro Share Price After Q3 FY26 Earnings
In a pronounced market reaction, shares of Wipro Ltd experienced a sharp decline following the company’s third‑quarter financial results for the fiscal year 2025‑26 (Q3 FY26). The Bengaluru‑based IT services firm’s stock fell by nearly 10 % at the start of the trading week, marking one of its steepest drops in recent times. This movement occurred after the company reported mixed earnings and offered a cautious outlook for the upcoming quarter.
Financial Results: Profit Decline and Revenue Growth
For the quarter ended December 31, 2025, Wipro reported a consolidated net profit of ₹3,119 crore, representing a 7 % year‑on‑year decline compared with ₹3,353.8 crore in the same period the previous year. On a quarter‑on‑quarter basis, net profit also fell from ₹3,246.2 crore in Q2 FY26.
In contrast, revenue from operations showed modest improvement. Wipro’s overall revenue for the quarter increased around 3.7 % sequentially and 5.5 % year‑on‑year to ₹23,555.8 crore. In dollar terms, the company reported gross revenue of $2.62 billion, reflecting a small sequential uptick in its IT services segment.
The reported profit figure was affected by one‑time restructuring costs and the implementation of new labour codes, which led to provisions impacting employee benefit expenses. Wipro identified a ₹302.8 crore impact related to the new labour legislation and additional one‑off costs during the quarter.
The reported profit figure was affected by one‑time restructuring costs and the implementation of new labour codes, which led to provisions impacting employee benefit expenses. Wipro identified a ₹302.8 crore impact related to the new labour legislation and additional one‑off costs during the quarter.
The reported profit figure was affected by one‑time restructuring costs and the implementation of new labour codes, which led to provisions impacting employee benefit expenses. Wipro identified a ₹302.8 crore impact related to the new labour legislation and additional one‑off costs during the quarter.
During the quarter, the company also completed the acquisition of Harman’s Digital Transformation Solutions (DTS) business for approximately USD 375 million, reflecting Wipro’s continued investment in digital and transformation capabilities.
Analyst Commentary and Outlook
Financial analysts characterised the quarterly performance as mixed. While revenue growth and operational execution showed resilience, the decline in net profit and soft forward guidance tempered expectations. Brokerages highlighted that ongoing demand softness and delayed deal ramp‑ups may continue to influence short‑term performance metrics.
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Last Updated on: Monday, January 19, 2026 4:56 pm by Rishidhar Reddy | Published by: Rishidhar Reddy on Monday, January 19, 2026 4:56 pm | News Categories: News
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