Wipro shares in focus after Q1 margins, revenue dip; Q2 guidance falls short of estimates

Wipro shares are in focus after the company reported its Q1FY27 net profit of Rs 3,352 crore. While revenue grew, IT services margins fell to a 15-quarter low. The company also gave a weak Q2 revenue outlook, which fell short of market estimates. Investors now watch how the firm handles costs.