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Following the results announcement, the company will host a conference call during which the senior management will discuss the quarterly performance and address queries from analysts.
Wipro is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs.
The company reported a 3.92% decline in consolidated net profit to Rs 3,119 crore despite a 3.78% jump in revenue from operations to Rs 23,555.8 crore in Q3 FY26 over Q2 FY26.
The scrip shed 0.86% to Rs 201.15 on the BSE.
The counter shed 0.20% to end at Rs 202.90 on the BSE.
The agreement forms part of Wipro's engagement with Olam Group, a leading USD 50+ Billion Food and Agri-business headquartered in Singapore. Mindsprint is Olam Group's IT services arm. Headquartered in Singapore and founded in 2007, Mindsprint provides technology and digital transformation services across enterprise applications, data & analytics, digital platform engineering, customer experience, cloud & infrastructure, cybersecurity, and business process services. Mindsprint has a global workforce of 3,200+ employees across India, Singapore, US, UK and Middle East.
Mindsprint has strong Food and Agri-business domain experience, supply chain transformation capabilities, and proprietary IP-driven solutions.
Wipro announced that it has secured a multi-year strategic transformation deal with Olam Group.
The 8-year engagement with Olam Group is expected to exceed US$ 1 billion in contract value, with a committed spend of US$ 800 million.
Olam Group is a leading US$ 50+1 Billion food and agri-business headquartered in Singapore, employing nearly 40,000 people, and majority owned by Temasek Holdings.
As part of the engagement, Wipro will deliver end‑to‑end transformation services to Olam Group through a consulting‑led and AI‑powered approach. The engagement will draw on Wipro's industry expertise, partnerships with leading technology providers, and Wipro Intelligence™, its unified suite of AI-powered platforms, solutions, and transformative offerings. Together, these capabilities will strengthen Olam Group's core operations and support the creation of a sustainable competitive advantage.
Building on this foundation, Wipro will deploy its capabilities across Olam Group's ‘farm-to-fork' value chain, delivering industry-specific solutions that align with the Group's business priorities. This will focus on areas such as farming, forecasting, trading, supply chain operations, and customer engagement, with the goal of improving operational effectiveness, strengthening resilience, and supporting long-term growth at scale.
Wipro Ltd gained for a third straight session today. The stock is quoting at Rs 197.59, up 1.37% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.19% on the day, quoting at 22757. The Sensex is at 73408.47, up 0.12%. Wipro Ltd has slipped around 0.58% in last one month.
Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has slipped around 1.61% in last one month and is currently quoting at 30441.45, up 0.68% on the day. The volume in the stock stood at 138.78 lakh shares today, compared to the daily average of 186.51 lakh shares in last one month.
The benchmark April futures contract for the stock is quoting at Rs 197.17, up 1.26% on the day. Wipro Ltd is down 18.65% in last one year as compared to a 2.69% spurt in NIFTY and a 6.19% spurt in the Nifty IT index.
The PE of the stock is 17 based on TTM earnings ending December 25.
Olam Group is a leading US$ 50-plus billion food and agri-business headquartered in Singapore, employing nearly 40,000 people, and majority owned by Temasek Holdings.
The 8-year engagement with Olam Group is expected to exceed $1 billion in contract value, with a committed spend of $800 million.
As part of the engagement, Wipro will deliver end to end transformation services to Olam Group through a consulting led and AI powered approach.
The engagement will draw on Wipro’s industry expertise, partnerships with leading technology providers, and Wipro Intelligence, its unified suite of AI-powered platforms, solutions, and transformative offerings.
Together, these capabilities will strengthen Olam Group’s core operations and support the creation of a sustainable competitive advantage.
Wipro will deploy its capabilities across Olam Group’s ‘farm-to-fork’ value chain, delivering industry-specific solutions that align with the Group’s business priorities.
As part of this broader engagement, Wipro will acquire Mindsprint, Olam Group’s IT services arm.
Headquartered in Singapore, Mindsprint provides technology and digital transformation services across enterprise applications, data & analytics, digital platform engineering, customer experience, cloud & infrastructure, cybersecurity, and business process services.
Mindsprint has strong Food and Agri-business domain experience, supply chain transformation capabilities, and proprietary IP-driven solutions. It had recorded consolidated revenue of $135.6 million for the calendar year ended on 31 December 2025.
The transaction is expected to be completed by 30 June 2026. The total cost of this acquisition is $375 million, which is subject to customary closing adjustments.
Miller brings more than two decades of executive leadership experience guiding large, global organizations through transformation, modernization, and sustained performance improvement. She is widely recognized for helping enterprises navigate technology and AI-driven change, aligning digital and data capabilities with business strategy to drive growth and long-term resilience.
She has held senior leadership roles across retail, hospitality, payments, and global technology operations, working closely with boards and executive teams during periods of significant change. As a member of the executive leadership team at Macy's, Ms. Miller played a central role in shaping the company's digital, data, and AI strategy. Earlier, she held global leadership roles at InterContinental Hotels Group and First Data.
Miller brings significant public company board experience. She previously served as a director of EVO Payments during a period of strong growth that culminated in its acquisition by Global Payments, and on the board of LGI Homes. She currently serves as a Non-Executive Director at NCR Voyix and Ahold Delhaize.
Wipro Ltd is down for a fifth straight session today. The stock is quoting at Rs 199.99, down 2.87% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.13% on the day, quoting at 25422.6. The Sensex is at 82225.5, down 1.28%.Wipro Ltd has lost around 14.83% in last one month.Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has eased around 22.3% in last one month and is currently quoting at 31550.5, down 5.03% on the day. The volume in the stock stood at 169.08 lakh shares today, compared to the daily average of 178.22 lakh shares in last one month.
The benchmark February futures contract for the stock is quoting at Rs 199.57, down 3.04% on the day. Wipro Ltd tumbled 31.35% in last one year as compared to a 12.75% rally in NIFTY and a 23.43% fall in the Nifty IT index.
The PE of the stock is 17.97 based on TTM earnings ending December 25.