Wipro CEO and MD Srini Pallia described during the earnings call as the “new normal” marked by geopolitical and policy disruptions, though he noted that overall IT spending has shown resilience. File. | Photo Credit: Reuters IT major Wipro on Thursday (April 16, 2026) reported a consolidated net profit of ₹3,501.8 crore for March quarter FY26, down 1.89% from ₹3,569.6 crore a year ago. The dip in profit comes against the backdrop of a challenging macroeconomic environment, which Wipro CEO and MD Srini Pallia described during the earnings call as the “new normal” marked by geopolitical and policy disruptions, though he noted that overall IT spending has shown resilience. Published – April 16, 2026 07:03 pm IST Share this: Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on Facebook (Opens in new window) Facebook Click to share on Threads (Opens in new window) Threads Click to share on X (Opens in new window) X Click to share on Telegram (Opens in new window) Telegram Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to email a link to a friend (Opens in new window) Email More Click to print (Opens in new window) Print Click to share on Reddit (Opens in new window) Reddit Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pocket (Opens in new window) Pocket Click to share on Mastodon (Opens in new window) Mastodon Click to share on Nextdoor (Opens in new window) Nextdoor Click to share on Bluesky (Opens in new window) Bluesky Like this:Like Loading... Post navigation MRPS leaders demand 11% quota based on caste census Karnataka govt.’s decision to ‘merge’ District Santwana Kendras to TSKs draws ire