Business

Wipro Reports 31% Profit Surge on Global Demand
By wchung | 07 Jun, 2026

Indian software services firm Wipro Ltd. Chairman Azim Premji gestures after presenting company's quarterly financial results at their headquarters in Bangalore, India, Friday, July 23, 2010. Wipro Ltd. said quarterly profit jumped 31 percent to 13.19 billion rupees ($284 million), beating expectations, as India's No. 3 outsourcer ramped up staffing to meet strong global demand. (AP Photo/Aijaz Rahi)

Indian software services firm Wipro Ltd. said quarterly profit jumped 31 percent to 13.19 billion rupees ($284 million), beating expectations, as India’s No. 3 outsourcer ramped up staffing to meet strong global demand.

Revenue for the April-June quarter rose 16 percent over the same period last year to 72.36 billion rupees ($1.56 billion) under international accounting standards.

“We are seeing strong demand environment across our industry verticals despite macro challenges,” chairman Azim Premji said in a statement Friday. “We added the highest number of billable employees ever, in this quarter.”

Premji said revenue from the company’s core information technology services business would be $1.25 billion to $1.28 billion for the September quarter, 4.1 percent to 6.1 percent higher than the June quarter.

The company said it added a net 4,854 employees, bringing its global workforce to 112,925 people.

ERIKA KINETZ, AP Business Writer MUMBAI, India