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Wipro share price falls 7 percent today after Q3 FY26 results, reflecting investor concerns over weak guidance despite relatively steady operational performance in fiscal third quarter.
Net Sales are expected to increase by 2.4 percent Q-o-Q (up 1.6 percent Y-o-Y) to Rs. 22,670 crore, according to Prabhudas Lilladher.
The cautious global sentiment may pose headwinds to the Wipro's growth prospects in FY26, noted brokerages.
Wipro reported total bookings of $3.5 billion, as large deal bookings grew 6 percent year-on-year to $961 million. The count for large deals stood at 17 during the quarter, worth a total contract value of $1 billion.
Brokerages hold differing views on the impact of Wipro's wage hikes on its EBIT margins in Q3. While some predict a slight decline in margins, others believe strong cost optimisation measures will offset the impact. Wipro implemented the wage hike in early September.
According to the average of nine estimates compiled by Moneycontrol, Wipro's consolidated net profit for the quarter ended June is expected to rise over 4 percent QoQ to Rs 2,953 crore, while revenue from operations is likely to remain flat.
While some analysts and investors are still digesting the data and reading between the lines, here is a handy summary of the key trends which shaped India Inc’s Q3 show.