Strong Deal Bookings
The company reported $5 billion in total contract value bookings, representing a growth of 51% year-on-year. Large deal bookings reached $2.7 billion, up 131% year-on-year, including 16 large deals and 2 mega deals.
AI Integration Success
AI projects are moving to scale, and Wipro has deployed over 200 AI-powered agents. Notable deals include a global banking leader and a leading North American bank, highlighting AI and digital transformation.
Net Income and Cash Flow Growth
Net income grew 10.9% year-on-year, with EPS at INR 3.2 growing 10.8% year-on-year. Free cash flow generation was robust at 115% of net income.
Interim Dividend and Capital Allocation
The Board of Directors declared an interim dividend of INR 5 per share, with over $1.3 billion distributed in the last 6 months. Capital allocation policy increased to a minimum of 70% of net income over three years.