Ravi Menon's questions to Wipro Ltd (WIT) leadership • Q1 2026
Question
Ravi Menon of Macquarie Group sought clarification on the seemingly contradictory commentary about the Americas—optimistic pipeline versus weakness in specific sectors like manufacturing and retail. He also asked if the sharp decline in Europe was temporary and requested details on the Q1 restructuring charge.
Answer
CEO & MD Srini Pallia detailed the Americas outlook by sector, highlighting positive traction in BFSI, Technology, and Healthcare, while acknowledging challenges in Consumer and Manufacturing. For Europe, he noted a strong pipeline and expects a turnaround in H2, aided by the ramp-up of the Phoenix deal. CFO Aparna Iyer explained the restructuring cost pertained to a one-off event involving a small number of associates in Europe and is unlikely to recur.