Wipro
Information Technology
M
Moneycontrol16-01-2026, 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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