Wipro ADRs fall 6% as Q3 profit declines, deal activity goes down
- Posted on January 16, 2026
- By Business News Today
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Wipro ADRs fall 6% as Q3 profit declines, deal activity goes down
Wipro's US-listed ADRs dropped nearly 6% following its December-quarter results, as investors reacted to a 7% year-on-year decline in net profit. Despite improving margins and strong cash generation, subdued deal momentum and cautious client spending in developed markets impacted the IT services firm's performance.
