Wipro's Headcount Jumps by 6,529 in Q3FY26, Driven by Freshers

Information Technology
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Moneycontrol•16-01-2026, 16:27
Wipro's Headcount Jumps by 6,529 in Q3FY26, Driven by Freshers
- •Wipro added 6,529 employees in Q3FY26, reaching a total headcount of 2,42,021, primarily due to fresher onboarding.
- •Attrition rate for Wipro marginally decreased to 14.2% in Q3 from 14.9% in the previous quarter.
- •In contrast, TCS saw a headcount decline of over 11,000, while Infosys added 5,043 employees in Q3.
- •Wipro's consolidated net profit for Q3FY26 fell by 4% QoQ and 7% YoY to Rs 3,119 crore, impacted by cost pressures.
- •The company's IT services operating margins expanded to 17.6%, marking its best margin performance in recent years.
Why It Matters: Wipro's headcount grew significantly in Q3FY26, but profitability declined despite improved operating margins.
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