Wipro Q1 Results: Headcount dips, attrition edges higher to 15.1%

India’s fourth-largest IT company Wipro reported a marginal rise in employee attrition during the June quarter, even as its overall workforce declined.

Voluntary attrition rose to 15.1% on a trailing 12-month basis in Q1 FY26, up from 15.0% in the March quarter.

Meanwhile, total headcount slipped to 233,232 from 233,346 in Q4 FY25 — a reduction of 114 employees. In the previous quarter, the company added 614 employees.
In its outlook for Q2FY26, the Bengaluru-based tech major expects revenue growth to remain flat to slightly negative, guiding for a range of -1% to +1% in constant currency terms.

For the June quarter, Wipro reported revenue of ₹22,080 crore — nearly in line with CNBC-TV18 estimates — while EBIT rose 0.6% sequentially to ₹3,813 crore, ahead of expectations. EBIT margins came in at 17.3%, slightly below Q4 but higher than forecast.

Also Read: TCS adds over 5,000 employees in Q1; attrition up to 13.8%

The company also announced an interim dividend of ₹5 per equity share, with a record date set as July 28, 2025.

Shares of Wipro ended 1.54% lower on Thursday at ₹258.75. The stock has declined over 14% so far this year.