Wipro's headcount increases by 6,529 employees in Q3FY26

Wipro

• Wipro added 6,529 employees in Q3FY26, total headcount now at 2,42,021
• Q3 net profit fell 4 percent QoQ and 7 percent YoY to Rs 3,119 crore
• IT services operating margin rose to 17.6 percent, best in recent years

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India’s fourth-largest IT firm, Wipro, saw an increase of 6,529 employees in the third quarter ended December 31, 2025 (Q3FY26), largely driven by fresher onboarding. The total headcount stood at 2,42,021.

Attrition this quarter moderated marginally to 14.2 per cent from 14.9 per cent last quarter.

Earlier, the management had said that for FY26, though Wipro aims to hire a similar number as FY25 from campuses, the company will take a call after observing the current business environment which has been reeling under macroeconomic uncertainties.

In comparison, Tata Consultancy Services’ (TCS) headcount declined by over 11,000 in Q3 while Infosys’ headcount increased by 5,043 employees.

Meanwhile, Wipro’s utilization rate, excluding trainees, was at 83.1 percent in Q3, as compared to 86.4 percent in Q2.

Meanwhile, on January 16, the company reported a decline in profitability for the fiscal third quarter, with consolidated net profit falling both sequentially and on a year-on-year basis, even as the IT services major delivered modest revenue growth and announced an interim dividend.

The company posted a consolidated net profit of Rs 3,119 crore for the quarter ended December 31, 2025, down 4 percent quarter-on-quarter and 7 percent year-on-year. Earnings were impacted by cost pressures, including expenses linked to labour code-related adjustments, the company said in its press release.

“In Q3, we delivered broad-based growth in line with our expectations. As AI becomes a strategic imperative, Wipro Intelligence is emerging as a differentiator and contributed to several wins this quarter. We saw greater adoption of our AI-enabled platforms and solutions, scaled AI-led delivery through WINGS and WEGA, and expanded our innovation network across global locations,” said Srinivas Pallia, the chief executive officer of Wipro.

Total bookings stood at $3.3 billion, with large deal bookings of $0.9 billion, lower by 5.7 percent and 8.4 percent in the last quarter of the previous financial year, respectively.

Aparna C. Iyer, Chief Financial Officer, said, “Our IT services operating margins at 17.6% expanded both sequentially and on a year-on-year basis. This is our best margin performance in last few years. Our continued focus on execution rigour also reflects in our strong operating cash flow of 135% of net income in Q3.”