Code and coincidence Wipro scripts a steady Q3 profit story

MUMBAI: When the numbers compile cleanly, the story tends to run smoother. Wipro closed the December 2025 quarter with a measured performance, posting a standalone net profit of Rs 27,822 million, even as costs stayed elevated and the broader IT services environment remained cautious.

For the three months ended December 31, 2025, Wipro’s revenue from operations came in at Rs 180,169 million, up from Rs 177,700 million in the September quarter and Rs 171,241 million a year ago. Including other income of Rs 10,284 million, total income stood at Rs 190,453 million, reflecting steady sequential growth.

Expenses remained tightly watched but substantial. Total expenditure for the quarter rose to Rs 152,506 million, driven largely by employee benefit costs of Rs 98,496 million and sub-contracting and technical fees of Rs 30,886 million. Finance costs were contained at Rs 2,753 million, while depreciation and amortisation stood at Rs 3,563 million.

As a result, profit before tax reached Rs 37,947 million, up from Rs 35,147 million in the previous quarter. After a tax outgo of Rs 10,125 million, Wipro reported a net profit that edged higher quarter-on-quarter, though it remained below the Rs 28,408 million recorded in the December 2024 quarter.

For the nine months ended December 31, 2025, Wipro delivered a profit of Rs 90,925 million, compared with Rs 79,902 million in the corresponding period last year. Total income for the nine-month period rose to Rs 569,453 million, up from Rs 536,912 million, underscoring moderate but consistent growth.

Earnings per share reflected the steady trajectory. Basic EPS for the quarter stood at Rs 2.66, while nine-month EPS came in at Rs 8.69, compared with Rs 7.64 a year earlier. Paid-up equity share capital remained stable at Rs 20,974 million.

Other comprehensive income, however, swung into the red for the quarter at Rs (837) million, primarily due to fair value changes in hedging instruments and investments. Even so, total comprehensive income for the quarter stood at Rs 26,985 million, highlighting resilience beneath the accounting noise.

With revenues inching up, margins holding ground and costs carefully managed, Wipro’s December-quarter numbers suggest a company focusing less on dramatic acceleration and more on writing a reliable, well-tested script, one where stability, for now, matters as much as speed.