Wipro Limited
Wipro Limited is a company.
Financial History
Leadership Team
Key people at Wipro Limited.
Wipro Limited is a company.
Key people at Wipro Limited.
Key people at Wipro Limited.
Wipro Limited is a leading global technology services and consulting company headquartered in Bengaluru, India, specializing in innovative solutions for clients' complex digital transformation needs, including AI, cloud computing, data analytics, engineering, and cybersecurity.[1][2] With over 230,000 employees across 65 countries, it operates primarily in IT services through segments like Americas 1, Americas 2, Europe, and Asia Pacific, delivering consulting, design, engineering, and operations to help clients build sustainable businesses.[1][2][3] In Q2 FY26 (ended September 30, 2025), it reported gross revenue of ₹227.0 billion ($2,556.6 million), up 2.5% quarter-over-quarter and 1.8% year-over-year, with IT services revenue at $2,604.3 million and an operating margin of 16.7% (adjusted to 17.2%).[3] Recognized as a leader in reports like ISG Provider Lens™ for Digital Engineering, ServiceNow Ecosystem, and Cybersecurity (2025), Wipro focuses on AI-led strategies, large deals (e.g., 16 in Q1 FY26 including two mega deals), and efficiency amid macroeconomic uncertainty.[1][3]
Wipro Limited, a public company listed on NYSE (WIT), BSE (507685), and NSE (WIPRO), is incorporated and domiciled in India with its registered office at Doddakannelli, Sarjapur Road, Bengaluru.[2] Originally founded in 1945 as a manufacturer of vegetable oils and soaps under the leadership of Mohamed Premji, it pivoted to information technology in the 1980s amid India's economic liberalization, evolving from hardware (IT products) to a dominant player in IT services and consulting.[2] Key milestones include its 2000 NYSE listing—celebrating 25 years in 2025 with a Closing Bell ceremony—and aggressive expansion into global digital services under leaders like current CEO Srini Pallia and CFO Aparna Iyer.[1][3][4] This shift capitalized on India's talent pool, growing it into a $10+ billion revenue giant serving Fortune 1000 clients through strategic acquisitions and focus on emerging tech like GenAI and blockchain.[1][2]
Wipro rides the AI-first transformation wave, shifting from experimental to core strategy for clients amid macroeconomic uncertainty, cost optimization, and global shifts like regulatory compliance and cybersecurity threats.[1][3] Its timing aligns with surging demand for GenAI-led managed services, cloud migration, and digital engineering, bolstered by a robust pipeline and deal wins that counter IT services headwinds like client concentration and immigration restrictions.[1][3] Market forces favoring Wipro include India's skilled workforce for cost-effective scaling, hyperscaler partnerships (e.g., ServiceNow), and sector leadership in banking, healthcare, and engineering, influencing the ecosystem by enabling enterprises to achieve operational stability and bold ambitions in an AI-powered world.[1][2][3]
Wipro is poised for gradual growth acceleration into H2 FY26 and beyond, leveraging its strong pipeline, AI momentum via Wipro Intelligence™, and adjusted margins toward sustained profitability amid returning revenue trajectories.[1][3] Trends like enterprise AI scaling, cybersecurity automation, and resilient cloud adoption will shape its path, potentially expanding influence through more mega deals and acquisitions despite competition and economic volatility. As a bedrock of global digital transformation, Wipro's evolution from oils to AI leadership underscores its enduring ability to thrive in change, positioning it to power clients' future-ready ambitions.[1][3]