ECI Starts EVM Commissioning Ahead of April 23 Assembly Polls

New Delhi, April 17 (BNP): The Election Commission of India (ECI) has commenced the commissioning of Electronic Voting Machines (EVMs) and Voter Verifiable Paper Audit Trail (VVPAT) units for constituencies going to polls in the first phase on April 23, officials said on Thursday.

The commissioning process began across various constituencies in Tamil Nadu and West Bengal (Phase-I) in the presence of candidates, their authorised representatives, and General Observers, ensuring transparency in poll preparations.

According to the ECI, the commissioning will be followed by mock polls, where 1,000 votes will be cast in 5 per cent of randomly selected EVMs. Candidates or their representatives will also be allowed to conduct mock polls themselves.

Ahead of commissioning, EVMs and VVPATs were allocated to polling stations through a two-stage randomisation process using the EVM Management System (EMS). In the first stage, machines were distributed from district warehouses to assembly constituencies, and in the second stage, from constituencies to individual polling stations.

Officials said Tamil Nadu has a total of 75,064 polling stations, while 44,378 polling stations in West Bengal will go to polls in the first phase on April 23.

The first randomisation was carried out by District Election Officers (DEOs) in the presence of representatives of recognised political parties, while the second randomisation was conducted by Returning Officers (ROs) with candidates, their agents, and General Observers present.

Lists of allocated EVMs and VVPATs were shared with political parties and candidates at each stage. The machines have since been securely stored in designated strong rooms under the supervision of stakeholders, the Commission added.

The commissioning exercise is part of preparations for the ongoing General Elections to Legislative Assemblies in several states and accompanying bye-elections scheduled this year.

Ayush Chintan Shivir 2026 Opens in Delhi, Focus on Policy, Innovation

New Delhi, April 17 (BNP): Union Minister of State (Independent Charge) for Ayush and Minister of State for Health and Family Welfare, Prataprao Jadhav, on Wednesday inaugurated the two-day “Ayush Chintan Shivir 2026” in the national capital.

The event, which concludes on April 17, is aimed at reviewing progress, strengthening policy direction, and charting a future roadmap for the Ayush sector, officials said.

Addressing the gathering, Jadhav said the Chintan Shivir reflects the government’s commitment to reinforcing policy implementation and institutional capacity in Ayush. He noted that the platform would help assess achievements since the previous conclave and identify gaps for future action. He also underlined the growing role of Ayush in addressing lifestyle diseases through a holistic approach.

Ayush Chintan Shivir 2026 Opens in Delhi, Focus on Policy, Innovation

Highlighting the government’s focus, the minister pointed to increased budget allocations for education, research, infrastructure, and global outreach. He stressed the need for evidence-based research, innovation, digitalisation, and greater public awareness, expressing confidence that Ayush will play a key role in achieving the “Viksit Bharat 2047” vision.

Secretary, Ministry of Ayush, Vaidya Rajesh Kotecha, described the Shivir as an important platform for policy review and long-term planning, adding that efforts are underway to integrate traditional knowledge with modern science and expand global collaboration.

Joint Secretary Alarmelmangai D. said the initiative promotes collaborative policymaking and noted the rising national and international recognition of Ayush systems.

A key highlight of the inaugural session was the signing of a Memorandum of Understanding between the All India Institute of Ayurveda (AIIA) and the General Insurance Council to expand insurance coverage and streamline claim settlements for Ayush treatments.

The minister also launched the Ministry’s official WhatsApp channel to enhance citizen engagement and released a document on revised benchmark rates for insurance coverage of Ayush therapies. A toll-free helpline (1800-11-0008) for Ayush insurance was also introduced.

The first day featured three thematic sessions focusing on review of earlier outcomes, strengthening research and global partnerships, and improving legal preparedness in the sector, officials added.

LUMISTAR Launches TERO Series and Opens Preorders for its Always‑On Tennis Training Partner

TERO Pro leads the new series with 0.1-second adaptive returns and post-session reports that convert rallies into measurable improvement.

Los Angeles, CA, USA, April 17, 2026 – LUMISTAR, a sports technology company focused on making high-quality training more accessible, today announced its flagship TERO series Tennis Training Partner will be available for preorder by April 30, with sales beginning May 30, 2026. The series includes TERO and TERO Pro, with the Pro model offering the most responsive experience and the deepest training feedback through the Vision Module, including post-session training reports that offer clear feedback and next steps.

Tennis improvement often hits a ceiling that has little to do with talent or effort. Consistency is the difference maker, and it’s hard to build without a partner who can keep up and always be available when you are. When that’s missing, practice gets fragmented. Players end up doing workarounds that don’t feel like real points, or they simply don’t get the reps they need to keep progressing. A reliable, always-available partner changes that equation and that’s what LUMISTAR envisions TERO to be. TERO Pro Sets a New Standard for Match-Real Tennis Training on a Personal Level

For players who want the most comprehensive training loop, the TERO Pro takes competitive tennis even further. After each session, TERO Pro generates personal training reports with an objective breakdown of performance, then saves those reports in your history so you can track progress over time and plan the next step with purpose. TERO Pro is also designed around a more advanced hardware and interaction stack, including:

  • The All-in-One Court Kit that keeps racket, balls, a detachable bag and machine
    integrated into one seamless system
  • Real-time visual perception and AI insight that unlocks new ways to play through
    modes such as “All Star Game”, where you can face off against tennis legends like
    Roger Federer and Serena Williams
  • 4K AI dual-focal lens (60fps) with an automotive-grade SoC and pre-trained AI model
    that makes each rally smarter and more adaptive as you grow (with Vision Module)
  • Extendable system intelligence with swappable modules that allow TERO Pro to
    evolve and upgrade as new features are released

TERO Delivers Reliability to Tennis Training for Consistent Reps and Real Progress TERO is designed to make practice feel less like feeding and more like playing. With 238 built-in drills, it gives players a deep library to train consistency, patterns and point-ready scenarios without needing to plan every session from scratch. The session itself stays dynamic and reactive, so you can train against changing tempo and placement instead of settling into predictable routines.

Just as importantly, TERO is built to keep you in rhythm. You can start a session with one click, then make changes through voice and gesture control for speed and spin adjustments, or placement without stopping to dig through menus. With wristband positioning and swing-speed detection, TERO also understands your location, timing and pace during the rally, which makes the next ball feel earned and responsive rather than pre-programmed.

Core performance specs (TERO series):

  • Max ball speed: 140 km/h
  • Max range: 26 m
  • Max height: ≥ 4.2 m
  • 238 built-in drills
  • Upgradeable with the Vision Module to add “sight” and expanded capabilities (Vision + AI features enabled with the module)
  • The world’s first dual-axis, dual-end gimbal design, uniquely engineered for a
    rock-solid, stable feed

“Reps matter, but reps alone don’t necessarily make you a better player. You improve when practice gives you instantaneous feedback, real variety and moments that force better decision making,” said Rachel Yang, CMO at LUMISTAR. “That’s what we had in mind when designing TERO. We want it to truly feel like the training partner you wish you had on call, ready when you are, reacting instantly and pushing you in all the right ways. Then it shows you what actually improved and what still needs to be worked on.”

Further details for the TERO and TERO Pro, including ordering information and pricing will be announced towards the end of April.For product details and preorder updates, visit: https://lumistar.ai

AMPP to Host Webcast Highlighting India’s Role in Advancing Maritime Safety, Sustainability, and Global Trade Resilience

Two-hour session features India-based experts addressing corrosion control, decarbonization, and evolving regulatory challenges in global shipping

Maharashtra, India – (April 17, 2026) — As global shipping faces increasing pressure from decarbonization mandates, aging fleets, and supply chain disruptions, maritime experts from India are playing a growing role in shaping how the industry responds to these challenges.

The Association for Materials Protection and Performance (AMPP), the world’s leading authority on corrosion control and protective coatings, will host an upcoming webcast focused on strengthening safety, sustainability, and operational resilience across the global commercial maritime industry—featuring a strong lineup of India-based experts.

The event, “Corrosion, Safety, and Sustainability in Commercial Maritime,” will take place on Thursday, April 23, 2026, at 9:00 a.m. EDT (6:30 p.m. IST). In this two-hour session, global industry experts, including leaders from India’s maritime, engineering, and training sectors, will examine how shipowners, operators, port authorities, and supply-chain partners can address evolving challenges and advance modern, sustainable practices. The session brings together perspectives from engineering, operations, and maritime training to provide practical, real-world approaches to today’s most pressing industry challenges.

With approximately 90% of international trade moving by sea, ship reliability and performance are critical to global commerce. As India continues to expand its maritime capabilities and global footprint, experts from across the country are contributing to key discussions on asset integrity, regulatory compliance, and long-term sustainability in commercial shipping.

Speakers include:

 Attendees will gain insights into:

  •         Decarbonization strategies and port-led green transitions
  •         Maritime security frameworks and risk mitigation
  •         Seafarer wellbeing and workforce considerations
  •         Practical implementation of evolving International Maritime Organization (IMO) regulations
  •        Ongoing modernization efforts across commercial maritime operations

“Commercial maritime operations are facing a convergence of pressures, from stricter environmental regulations to increasing demands on global supply chains,” said Jennifer Merck, Vice President of Maritime and Defense at AMPP. “Corrosion control is not a maintenance issue. It’s a reliability and risk issue that directly impacts safety, operational continuity, and long-term sustainability.”

As regulatory requirements evolve and global trade demands intensify, industry stakeholders must align technical practices with broader operational goals. Corrosion prevention plays a critical role in extending asset life, reducing unplanned downtime, and supporting compliance with environmental standards.

Register to gain practical insights from global maritime experts and stay ahead of evolving regulatory and operational demands.

To learn more and register, visit: https://event.on24.com/wcc/r/5274653/8E575277B915AA579A28F6F7E002F41B?partnerref=AMPPWeb


Business News For Profit

TAU Systems joins RADNEXT 2030 network to expand global access to radiation effects testing

Carlsbad, California. 17th April 2026: TAU Systems, the pioneer in compact laser-powered accelerator technology, today announced it has joined RADNEXT 2030, a European initiative coordinated by CERN that provides access to world-class radiation testing infrastructures for electronics. As a network member, TAU Systems will open its TAU Labs facility in California to European researchers and industry testers, supported by a dedicated allocation of European funding to subsidize test time for qualifying users.

RADNEXT 2030 is being developed in response to the Horizon Europe programme and unites a network of accelerator-based and complementary testing facilities across Europe and beyond. The initiative enables researchers, industry users, and early-stage innovators to test and better understand the effects of radiation on electronics for applications in space, automotive, communications, energy, and quantum technologies.

TAU Systems’ inclusion in the network, as its only US-based test facility, reflects the growing recognition of laser-powered accelerators as a credible and commercially accessible complement to traditional large-scale facilities. TAU Labs in Carlsbad, California, the world’s first commercial laser-powered accelerator center, is capable of generating high-energy particle beams to replicate real-world radiation environments with high precision, repeatability, and flexibility. The facility offers beamtime-as-a-service for Single Event Effects (SEE) testing for space, defense, semiconductor, and industrial electronics.

“Joining the RADNEXT 2030 network is a significant milestone for TAU Systems and for the future of radiation testing,” said Jerome Paye, CEO of TAU Systems. “There is a serious global bottleneck in access to radiation testing infrastructure, and Europe in particular is working hard to address that gap. Being part of this network means European researchers and companies can now access our unique laser-powered accelerator capabilities, backed by European funding, and without the long wait times that have traditionally held the industry back. We are proud to contribute to this important initiative and to work alongside some of the world’s leading testing facilities.”

Rubén García Alía, RADNEXT Project Coordinator, CERN, said:  “Given the overall scarcity of heavy-ion SEE testing beam time, as well as the physical anti-correlation between the energy of a heavy ion and its capability of generating failures in electronics, alternative testing approaches such as the one proposed by TAU Systems need to be explored and carefully validated. Space electronics testing requires very high levels of accuracy and reproducibility, and therefore a thorough benchmarking of the proposed technique – as planned within the framework of the RADNEXT 2030 activities on this topic – will be of great relevance and impact for the radiation effects community. We are therefore delighted to welcome TAU Systems as a key partner in the RADNEXT 2030 international facility network.”

TAU’s technology is particularly well-suited to Single Event Effects testing, providing electron beams that effectively simulate the cosmic radiation environment encountered by space-bound and safety-critical electronics.

The RADNEXT 2030 project is targeted to run from June 2026 through May 2030.

RealSense Demonstrates Industry’s Most Comprehensive GMSL Depth Camera Portfolio at Hannover Messe 2026

SAN FRANCISCO- RealSense today announced expanded support for Gigabit Multimedia Serial Link (GMSL) across its depth camera portfolio, delivering a scalable, production-ready perception platform for robotics and industrial automation. The company will showcase its new GMSL-enabled lineup at Hannover Messe 2026, Hall 26, Stand D29.

Robots and industrial automation require high-precision, robust and reliable perception systems to ensure they navigate safely and operate predictably across a variety of conditions. GMSL is rapidly emerging as the preferred standard for robotic industrial vision systems, overcoming the limitations of USB with improved synchronization, longer cable reach and greater dependability in demanding environments.

By enabling rugged, scalable multi-camera perception through a single cable infrastructure, GMSL supports the next generation of autonomous machines operating in factories, warehouses and logistics environments.

Expanding the GMSL Portfolio

RealSense is introducing GMSL support across three of its most widely used depth cameras:

  • D401: Sub-millimeter precision in a compact form factor, ideal for robotic arms and humanoids, with a tiny GMSL package that enables near-invisible integration into manipulators
  • D430: High-accuracy, mid-range 3D depth sensing, deployed extensively across robotics systems worldwide
  • D415: Precision mid-range scanning and spatial intelligence in factories and warehouses

These join the existing D457, creating the industry’s most comprehensive lineup of industrial-ready GMSL depth cameras.

The cameras are powered by the RealSense SDK 2.0, featuring native ROS 2 support for seamless integration into modern robotics stacks. The RealSense D457 also includes native models in Isaac Sim, accelerating development and significantly reducing sim-to-real deployment time. Crucially, all RealSense cameras perform depth processing directly on-device via the company’s AI Vision ASIC, eliminating the need for external compute while delivering low-latency, reliable performance at the edge.

Built for Industrial Scale

USB-based systems often require complex synchronization and can suffer from instability in harsh environments. GMSL enables:

  • Consistent, predictable performance with reduced calibration needs
  • Native multi-camera synchronization with up to 8 cameras per system
  • Long-reach, secure industrial cabling via FAKRA connectors
  • Reduced system complexity and cost with up to four cameras per deserializer

These capabilities allow OEMs and system integrators to deploy scalable, multi-camera perception systems with greater reliability and lower total cost of ownership.

From Cameras to a “Visual Cortex”

The launch marks a shift from standalone sensors to an integrated perception platform, designed for industrial-scale deployment and multi-camera autonomy. This innovation reinforces RealSense as the visual cortex of Physical AI, delivering the perception layer that enables machines to see, understand and act in the physical world.

“Industrial autonomy depends on perception that works in the real world, not just in the lab,” said Nadav Orbach, CEO of RealSense. “With our GMSL portfolio, we enable scalable multi-camera vision with the reliability, reach and integration simplicity required for production deployment. Together with partners like AVerMedia, we are making it easier to build and deploy complete perception systems, faster and at scale.”

Partner Ecosystem and Live Demonstrations

At Hannover Messe, RealSense and its partners will demonstrate real-world applications of scalable perception:

  • AVerMedia Demo (Multi-Camera Scaling): Built on a compact indoor AMR, the AVerMedia SenseEdge Development Kit demonstrates real-time 3D perception for navigation through synchronized multimodal sensing and on-device inference. Powered by RealSense GMSL cameras and the RealSense Visual Cortex, the system supports up to 4 cameras per interface and scales to 8 cameras out of the box.
  • Inbolt Demo (Real-Time Control): Inbolt will demonstrate real-time part tracking and robot control using AI-driven software and a RealSense D435 depth camera integrated into a robot-mounted system. The demo highlights continuous localization and closed-loop trajectory control, showing how perception translates directly into precise robotic action in production environments.

“RealSense’s new GMSL cameras significantly advance 3D perception capabilities, and our expanded SenseEdge Development Kit provides a validated, production-ready platform to deploy them at scale,” said Alex Liu, Vice President, Industrial Product Division at AVerMedia. “By enabling the full RealSense GMSL lineup across both AGX Orin and NVIDIA Jetson AGX Thor editions, we’re helping customers accelerate from development to real-world deployment in robotics and industrial environments.”

Thought Leadership and Sessions

RealSense executives will also lead key sessions at Hannover Messe, including:

For more information, contact Penny Malsch, RealSense Global Senior Marketing Strategist, at penny.malsch@realsenseai.com

Wipro Announces Results for the Quarter and Year Ended March 31, 2026

Business Wire India

Adjusted net income grew 3.7% QoQ in Q4’26 and grew 2.2% YoY for FY’26

 

FY’26 margin at 17.2%, expands 0.2%, Q4 margin at 17.3%, contracts 0.2% YoY

 

Operating cash flow at 90.1% of net income for Q4’26 and 112.6% for FY’26

 

Board approves Buy-Back for the value of Rs 150 billion

 

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter and year ended March 31, 2026.

 

Highlights of the Results

 

Results for the Quarter ended March 31, 2026:

 

  1. Gross revenue at Rs 242.4 billion ($2,583.0 million1), an increase of 2.9% QoQ and 7.7% YoY.
  2. IT services segment revenue was at $2,651.0 million, increase of 0.6% QoQ and 2.1% YoY.
  3. Non-GAAP2 constant currency IT Services segment revenue increased 0.2% QoQ and decreased 0.2% YoY.
  4. Total bookings3 was at $3,455 million, up by 3.2% QoQ in constant currency². Large deal bookings4 was at $1,440 million, increase of 65.1% QoQ in constant currency².
  5. IT services operating margin5 for Q4’26 was at 17.3%, decrease of 0.3% QoQ and 0.2% YoY.
  6. Net income for the quarter was at Rs 35.0 billion ($373.2 million1), an increase of 12.3% QoQ and decrease of 1.9% YoY.
  7. Earnings per share for the quarter at Rs 3.34 ($0.041), an increase of 12.1% QoQ and a decrease of 2.1% YoY.
  8. Adjusted for impact of labour code changes6, Net Income for the quarter was Rs 34.9 billion ($371.5 million1), an increase of 3.7% QoQ and EPS for the quarter was Rs 3.33 ($0.041), increase of 3.7 % QoQ.
  9. Operating cash flows of Rs 31.7 billion ($338.2 million1), decrease of 15.3% YoY and at 90.1% of Net Income for the quarter.
  10. Voluntary attrition was at 13.8% on a trailing 12-month basis.

 

Results for the Year ended March 31, 2026:

 

  1. Gross revenue reached Rs 926.2 billion ($9.9 billion1), an increase of 4.0% YoY.
  2. IT services segment revenue was at $10,478.1 million, a decrease of 0.3% YoY.
  3. Non-GAAP2 constant currency IT Services segment revenue decreased 1.6% YoY.
  4. Large deal bookings4 was at $7.8 billion, up by 45.4% YoY. Total bookings3 was at $16.4 billion, increase of 14.0% YoY.
  5. IT services operating margin5 for the year was at 17.2%, up by 0.2% YoY.
  6. Net income for the year was at Rs 132.0 billion ($1,406.5 million1), an increase of 0.5% YoY.
  7. Earnings per share for the year was at Rs 12.6 ($0.131), an increase of 0.3% YoY.
  8. Adjusted for impact of labour code changes6, Net Income for the year was Rs 134.3 billion ($1430.8 million1), an increase of 2.2% YoY and EPS for the year was Rs 12.8 ($0.141), increase of 2.1 % YoY.
  9. Operating cash flows of Rs 149.3 billion ($1,591.3 million1), decrease of 11.9% YoY and at 112.6% of Net Income for the year.

Outlook for the Quarter ending June 30, 2026

 

We expect revenue from our IT Services business segment to be in the range of $2,597 million to $2,651 million*. This translates to sequential guidance of (-)2.0% to 0% in constant currency terms.

 

*Outlook for the Quarter ending June 30, 2026, is based on the following exchange rates: GBP/USD at 1.34, Euro/USD at 1.17, AUD/USD at 0.70, USD/INR at 92.35 and CAD/USD at 0.73

 

Performance for the Quarter and Year ended March 31, 2026

Srini Pallia, CEO and Managing Director, said, Advancements in AI are reshaping client priorities and creating new opportunities for us to partner more deeply to deliver value‑driven outcomes. To strengthen our position in an AI‑first world, we are pivoting to a services‑as‑a‑software model through the AI Native Business & Platforms unit. Our strategic deal with the Olam Group further reflects the decisive investments we are making to capture opportunities at scale.

 

Aparna Iyer, Chief Financial Officer, said, “We have continued to invest in our clients, capabilities and people and maintained our margins in narrow band. Our cash conversion continues to remain strong with operating cash flows at 112.6% of net income for FY’26. During the year we have returned substantial portion of our cash generated to shareholders in the form of dividend. Additionally, in our recently concluded board meeting, the Board of Directors announced buyback of Rs 15,000 Cr at a price of Rs 250, subject to shareholder approval.

 

Capital Allocation:

 

The Board of Directors approved the buyback proposal, subject to the approval of shareholders through postal ballot, for purchase by the Company of up to 60,00,00,000 equity shares of Rs 2 each (being 5.7% of total paid-up equity share capital) from the shareholders of the Company on a proportionate basis by way of a tender offer at a price of Rs 250 ($2.661) per equity share for an aggregate amount not exceeding Rs 150 billion ($1.6 billion1), in accordance with the provisions contained in the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018 and the Companies Act, 2013 and rules made thereunder.

 

The interim dividend of Rs 11 declared in FY’26 by the Board at its meetings held on July 17th, 2025 and January 16th, 2026, shall be considered as final dividend for the financial year 2025-26.

 

  1. For the convenience of the readers, the amounts in Indian Rupees in this release have been translated into United States Dollars at the certified foreign exchange rate of US$1 = Rs 93.83, as published by the Federal Reserve Board of Governors on March 31, 2026. However, the realized exchange rate in our IT Services business segment for the quarter ended March 31, 2026, was US$1= Rs 90.60
  2. Constant currency for a period is the product of volumes in that period times the average actual exchange rate of the corresponding comparative period.
  3. Total Bookings refers to the total contract value of all orders that were booked during the period including new orders, renewals, and increases to existing contracts. Bookings do not reflect subsequent terminations or reductions related to bookings originally recorded in prior fiscal periods. Bookings are recorded using then-existing foreign currency exchange rates and are not subsequently adjusted for foreign currency exchange rate fluctuations. The revenues from these contracts accrue over the tenure of the contract. For constant currency growth rates, refer note 2.
  4. Large deal bookings consist of deals greater than or equal to $30 million in total contract value.
  5. IT Services Operating Margin refers to Segment Results Total as reflected in IFRS financials.
  6. Adjusted for impact of past service cost on gratuity and remeasurement of leave encashment due to implementation of new labour code amounting to Rs (-)272 Mn for the three months ended 31st March, 2026 and Rs 2,756Mn for the year ended 31st March, 2026, is included in the table title “Reconciliation for Adjusted Net Income and Adjusted EPS” at the end.

 

Highlights of Strategic Deal Wins

 

In the fourth quarter, Wipro continued to win large and strategic deals across industries. Key highlights include:

 

  1. A leading US-based health insurance provider has extended its contract with Wipro to support large-scale IT modernization. To help the client address rising medical costs, and provide improved member experience, Wipro will leverage its consulting-led approach and domain expertise to streamline the client’s vendor ecosystem and identify targeted AI-enabled levers across IT operations, contact centers, and core healthcare platforms. Wipro will deploy its Wipro IntelligenceTM platforms like WEGA to enable automation and intelligent execution across IT services and WINGS to drive predictive insights and performance intelligence. The engagement is expected to deliver significant productivity gains, sustained cost optimization, and improved delivery quality and scalability.

 

  1. A global technology leader has renewed its relationship with Wipro to transform the IT infrastructure and Digital Workplace Services for one of its acquired companies. Through a long-term managed services engagement, Wipro will transfer responsibilities from several suppliers to a unified delivery model and integrate the client’s IT infrastructure. The engagement will leverage intelligent automation and AI-enabled capabilities to boost engineer productivity and simplify support request management. This transformation will enable the client to adopt a cost-effective integrated operating model, greatly improving employee experience and service reliability.

 

  1. A leading global medtech company has selected Wipro to transform its Post Market Surveillance (PMS) process into a more efficient and intelligent operation. Since this is highly regulated market, Wipro will initially stabilize the client’s PMS and quality landscape and then, through a consulting-led and AI-powered engagement, transform the ecosystem into a more efficient and scalable process. By deploying an AI-enabled solution to streamline the intake and prioritization of health authority reporting, the engagement will deliver sustained cost efficiencies, strengthen compliance and business continuity for the client, while scaling a foundation for modernized post-approval operations.

 

  1. A global manufacturer has signed a multi-year extension and expansion of its strategic engagement with Wipro. This renewed contract across the CIO organization will leverage Wipro Intelligence™ to embed AI‑led automation and advanced capabilities that enhance end‑to‑end visibility, resilience, and operational efficiency in a transformed delivery model. The deal also includes a new strategic advisory service and a shared‑benefits model. This extension reflects the strength of the partnership and the collaborative working model built over the engagement.

 

  1. TruStage, a leading North American financial services provider has engaged Wipro for a multiyear transformation of its retirement services business, bringing together operations and technology into a single, outcomedriven model. Through a consultingled, domaincentric approach, Wipro is modernizing and reengineering business operations & underlying technology to improve speed, quality, and scalability. Powered by Wipro Intelligence™, the program embeds AI across workflows to drive straightthrough processing, realtime insights, and proactive decisionmaking significantly lowering costtoserve. The integrated cloud-native opsandIT model is designed to enhance customer and sponsor experiences, improve transparency, and enable a more agile, digitally enabled retirement services ecosystem.

 

  1. ABB Group, a global leader in electrification and automation has signed a multi-year renewal to modernize its digital workplace and accelerate its shift to an AI-led service model. Wipro will deliver agentic AI-powered workplace services across service desk, employee services, and supply chain operations. The program will introduce an AI-first, self-resolving service desk featuring smart causal analysis, multilingual voice and chat translation, and forecasting for proactive device management. These capabilities will streamline and elevate user experience. They will also drive measurable productivity improvements and support the client’s sustainability goals through efficient and responsible device management.

 

  1. A major European health technology organization has renewed its engagement with Wipro to provide managed services, modernize its operating model as well as strengthen regulatory oversight and governance. Wipro will redesign core processes and align workflows across business units to improve efficiency, compliance, and consistency. AIenabled process optimization will be embedded to streamline operations while maintaining service quality. The engagement will help the client reduce costs, consolidate complaint handling, and deliver more predictable, highperforming outcomes, reinforcing Wipro’s position as a trusted longterm partner.

 

  1. A major US retailer has chosen Wipro to modernize its store associate experience and execution model across a large, distributed store network, with the goal of improving productivity, consistency, and speed of operations. Through a consulting-led transformation program, Wipro is defining a clear operating model for store teams and enhancing day-to-day execution by providing associates with real time access to operational data through a mobile app, while establishing a scalable framework for data driven and AI-enabled store intelligence. This engagement will improve execution quality and compliance, enhance associate effectiveness on the floor, and create a strong foundation for AI-led capabilities that drive incremental sales uplift and improved customer experience.

 

  1. A US-based health insurer has selected Wipro to modernize its member enrollment, billing, and claims operations by adopting a next-generation business process platform. Wipro will deploy its PayerAI solution, part of Wipro Intelligence™, to support end-to-end enrollment, billing, and claims operations across its Medicare Advantage line of business. The solution combines Payer in a Box for enrollment and billing with Cognitive Claims for intelligent claims processing, enabling AI-driven automation, improved accuracy, higher system uptime, and superior processing quality. This transformation will enhance operational efficiency and scalability, reduce complexity, strengthen compliance, and significantly improve the member experience.

 

  1. A leading energy trading company in the UK has selected Capco, a Wipro company, to establish a Capability as a Service (CaaS) model within its Energy Trading business. Drawing on its proven CaaS track record and deep transformation expertise, Capco will provide a flexible, high quality delivery capability with rapid access to specialist skills. The engagement includes transitioning critical delivery resources to Capco to ensure delivery continuity while supporting the client’s cost reduction objectives.

 

  1. A leading global financial services organization has engaged Capco, a Wipro company, to support the rollout of a coordinated, enterprise-wide AI strategy. Capco will provide strategic advisory and establish AI commercialization capabilities, embed Responsible AI practices, and drive adoption of internal AI tooling to help move the organization from isolated initiatives to scaled, practical use of AI. This will help the client accelerate AI adoption, improve returns on AI investments, and boost overall workforce productivity.

 

A prominent Southeast Asian manufacturer has selected Wipro to establish a Global Capability Center (GCC) focused on asset operations, enabling remote maintenance, monitoring, and technical support across its plants. Leveraging its deep expertise in energy value chain, Wipro will work with the client to define the GCC operating model, assess process readiness, and shape an enterprise AI roadmap aligned to asset intensive operations. Wipro will also identify AI interventions to demonstrate measurable business value across use cases such as predictive monitoring, maintenance planning, and proactive technical alerting. Wipro will help the client accelerate GCC maturity while embedding AI-enabled capabilities that enhance asset reliability, optimize turnaround cycles, reduce costs, and streamline plant-level and enterprise-wide operations at scale.

 

Analyst Recognition

 

  1. Wipro was recognized as a Leader in ISG Provider Lens™ – Advanced Analytics and AI Services 2025 – US & Europe (all quadrants)
  2. Wipro was positioned as a Leader in Everest Group’s Software Product Engineering Services PEAK Matrix® Assessment 2026 – Global
  3. Wipro was positioned as a Horizon 3 – Market Leader in the HFS Horizons: Agentic Services, 2026 report
  4. Wipro was recognized as a Leader in Avasant’s Life Sciences Digital Services 2026 RadarView™
  5. Wipro was ranked as a Leader in Avasant’s Hybrid Enterprise Cloud Services 2026 RadarView™
  6. Wipro was recognized as a Leader in Everest Group’s Healthcare Payer Intelligent Operations PEAK Matrix® Assessment 2026
  7. Wipro was rated as a Leader in ISG Provider Lens® – Oil & Gas Industry – Services and Solutions 2025 – North America (all quadrants)
  8. Wipro was positioned as a Leader in ISG Provider Lens® – Power & Utilities Industry – Services and Solutions 2025 – US & Europe (all quadrants)
  9. Wipro was rated as a Leader in ISG Provider Lens® – Digital Sustainability 2025 – Global (all quadrants)
  10. Wipro was rated as a Leader in ISG Provider Lens® – Telecom Media and Entertainment – Industry Services and Solutions 2025 – North America & EMEA (multiple quadrants)
  11. Wipro was positioned as a Leader in ISG Provider Lens® – Enterprise Managed Network Services 2025 – US & Europe (multiple quadrants)
  12. Wipro was featured as a Horizon 3 – Market Leader in the HFS Horizons: Next-gen IT Infrastructure Services, 2026 report

 

IT Products

 

  1. IT Products segment revenue for the quarter was Rs 2.5 billion ($26.9 million1)
  2. IT Products segment results for the quarter were Rs 0.2 billion ($2.2million1)
  3. IT Products segment revenue for the year was Rs 6.9 billion ($74.0 million1)
  4. IT Products segment results for the year were Rs 0.6 billion ($5.9 million1)

 

Please refer to the table at the end for reconciliation between IFRS IT Services Revenue and IT Services Revenue on a non-GAAP constant currency basis.

 

About Key Metrics and Non-GAAP Financial Measures

 

This press release contains key metrics and non-GAAP financial measures within the meaning of Regulation G and Item 10(e) of Regulation S-K. Such non-GAAP financial measures are measures of our historical or future performance, financial position or cash flows that are adjusted to exclude or include amounts that are excluded or included, as the case may be, from the most directly comparable financial measure calculated and presented in accordance with IFRS.

 

The table at the end provides IT Services Revenue on a constant currency basis, which is a non-GAAP financial measure that is calculated by translating IT Services Revenue from the current reporting period into U.S. dollars based on the currency conversion rate in effect for the prior reporting period. We refer to growth rates in constant currency so that business results may be viewed without the impact of fluctuations in foreign currency exchange rates, thereby facilitating period-to-period comparisons of our business performance. Further, in the normal course of business, we may divest a portion of our business which may not be strategic. We refer to the growth rates in both reported and constant currency adjusting for such divestments in order to represent the comparable growth rates.

 

Our key metrics and non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles and should not be considered a substitute for, or superior to, the most directly comparable financial measure calculated in accordance with IFRS and may be different from non-GAAP measures used by other companies. Our key metrics and non-GAAP financial measures are not comparable to, nor should be substituted for, an analysis of our revenue over time and involve estimates and judgments. In addition to our non-GAAP measures, the financial statements prepared in accordance with IFRS and the reconciliation of these non-GAAP financial measures with the most directly comparable IFRS financial measure should be carefully evaluated. 

 

Results for the Quarter and Year ended March 31, 2026, prepared under IFRS, along with individual business segment reports, are available in the Investors section of our website www.wipro.com/investors/

 

Quarterly Conference Call

 

We will hold an earnings conference call today at 07:45 p.m. Indian Standard Time (10:15 a.m. U.S. Eastern Time) to discuss our performance for the quarter. The audio from the conference call will be available online through a webcast and can be accessed at the following link- https://links.ccwebcast.com/?EventId=WIP160426

 

An audio recording of the management discussions and the question-and-answer session will be available online and will be accessible in the Investor Relations section of our website at www.wipro.com

 

About Wipro Limited

 

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading AI-powered technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our consulting-led approach and the Wipro Intelligence™ unified suite of AI-powered platforms, solutions and transformative offerings, we help clients realize their boldest ambitions to build intelligent and sustainable businesses. The Wipro Innovation Network – part of the Wipro Intelligence™ suite – underpins our commitment to client-centric co-innovation and co-creation by bringing together capabilities from the innovation labs and partner labs, academia, and global tech communities. With over 230,000 employees and business partners across 65 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at www.wipro.com.

 

Forward-Looking Statements

 

The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, the benefits its customers experience and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry.

 

Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

                

 

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

(Rs in millions, except share and per share data, unless otherwise stated)

               

 

 

 

As at March 31, 2025

 

As at March 31, 2026

         

 Convenience translation into U.S. Dollar in millions (unaudited) at the rate of Rs 93.83 

ASSETS

 

Goodwill

 

 

                         325,014 

 

                         387,399 

 

                                      4,129 

Intangible assets

 

 

                           27,450 

 

                           29,176 

 

                                         311 

Property, plant and equipment

 

 

                           80,684 

 

                           81,787 

 

                                         872 

Right-of-Use assets

 

 

                           25,598 

 

                           28,287 

 

                                         301 

Financial assets

 

           

Derivative assets 

 

 

 ^ 

 

                                   –   

 

                                            –   

Investments 

 

 

                           26,458 

 

                           28,053 

 

                                         299 

Trade receivables 

 

 

                                299 

 

                                349 

 

                                             4 

Unbilled receivables 

 

 

                                   –   

 

                             7,433 

 

                                           79 

Other financial assets

 

 

                             4,664 

 

                             6,259 

 

                                           67 

Investments accounted for using the equity method

 

 

                             1,327 

 

                             2,126 

 

                                           23 

Deferred tax assets

 

 

                             2,561 

 

                             5,242 

 

                                           56 

Non-current tax assets

 

 

                             7,230 

 

                             7,787 

 

                                           83 

Other non-current assets

 

 

                             7,460 

 

                             9,010 

 

                                           96 

Total non-current assets

 

 

                         508,745 

 

                         592,908 

 

                                      6,320 

Inventories

 

 

                                694 

 

                                517 

 

                                             6 

Financial assets

 

           

Derivative assets

 

 

                             1,820 

 

                                888 

 

                                             9 

Investments

 

 

                         411,474 

 

                         437,680 

 

                                      4,665 

Cash and cash equivalents

 

 

                         121,974 

 

                         105,555 

 

                                      1,125 

Trade receivables

 

 

                         117,745 

 

                         135,901 

 

                                      1,448 

Unbilled receivables

 

 

                           64,280 

 

                           76,823 

 

                                         819 

Other financial assets 

 

 

                             8,448 

 

                           10,245 

 

                                         109 

Contract assets

 

 

                           15,795 

 

                           14,819 

 

                                         158 

Current tax assets

 

                             6,417 

 

                           10,762 

 

                                         115 

Other current assets

 

 

                           29,128 

 

                           33,164 

 

                                         353 

Total current assets

 

 

                         777,775 

 

                         826,354 

 

                                      8,807 

 

         

TOTAL ASSETS

 

 

                      1,286,520 

 

                      1,419,262 

 

                                    15,127 

 

EQUITY

 

           

Share capital

 

 

                           20,944 

 

                           20,977 

 

                                         224 

Share premium

 

 

                             2,628 

 

                             6,158 

 

                                           66 

Retained earnings

 

 

                         716,477 

 

                         735,057 

 

                                      7,834 

Share-based payment reserve

 

 

                             6,985 

 

                             7,920 

 

                                           84 

Special Economic Zone Re-investment reserve

 

 

                           27,778 

 

                           25,966 

 

                                         277 

Other components of equity

 

 

                           53,497 

 

                           89,290 

 

                                         952 

Equity attributable to the equity holders of the Company

 

 

                         828,309 

 

                         885,368 

 

                                      9,437 

Non-controlling interests

 

 

                             2,138 

 

                             2,509 

 

                                           27 

TOTAL EQUITY

 

 

                         830,447 

 

                         887,877 

 

                                      9,464 

 

LIABILITIES

 

           

Financial liabilities

 

           

Loans and borrowings

 

 

                           63,954 

 

                             1,962 

 

                                           21 

Lease liabilities 

 

 

                           22,193 

 

                           26,327 

 

                                         281 

Accrued expenses

 

 

                                   –   

 

                             4,394 

 

                                           47 

Other financial liabilities

 

 

                             7,793 

 

                             6,743 

 

                                           72 

Deferred tax liabilities

 

 

                           16,443 

 

                           17,266 

 

                                         184 

Non-current tax liabilities

 

 

                           42,024 

 

                           48,195 

 

                                         514 

Other non-current liabilities

 

 

                           17,119 

 

                           23,042 

 

                                         246 

Provisions 

 

 

                                294 

 

                                224 

 

                                             2 

 Total non-current liabilities 

 

 

                         169,820 

 

                         128,153 

 

                                      1,367 

Financial liabilities

 

           

Loans, borrowings and bank overdrafts

 

 

                           97,863 

 

                         165,912 

 

                                      1,768 

Lease liabilities

 

 

                             8,025 

 

                             8,709 

 

                                           92 

Derivative liabilities

 

 

                                968 

 

                           10,978 

 

                                         117 

Trade payables and accrued expenses

 

 

                           88,252 

 

                           94,924 

 

                                      1,012 

Other financial liabilities 

 

 

                             3,878 

 

                           11,357 

 

                                         120 

Contract liabilities

 

 

                           20,063 

 

                           25,434 

 

                                         271 

Current tax liabilities

 

 

                           34,481 

 

                           49,621 

 

                                         529 

Other current liabilities

 

 

                           31,086 

 

                           34,801 

 

                                         371 

Provisions

 

 

                             1,637 

 

                             1,496 

 

                                           16 

Total current liabilities

 

 

                         286,253 

 

                         403,232 

 

                                      4,296 

TOTAL LIABILITIES

   

                         456,073 

 

                         531,385 

 

                                      5,663 

 

TOTAL EQUITY AND LIABILITIES

   

                      1,286,520 

 

                      1,419,262 

 

                                    15,127 

           

^ Value is less than 0.5

             

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(Rs in millions, except share and per share data, unless otherwise stated)

                           
 

Three months ended March 31,

 

Year ended March 31,

     

2025

 

2026

 

2026

 

2025

 

2026

 

2026

         

 Convenience translation into US dollar in millions (unaudited) at the rate of 93.83

         

 Convenience translation into U.S. Dollar in millions (unaudited) at  the rate of 93.83

Revenues

 

 

225,042 

 

242,363 

 

  2,583 

 

890,884 

 

926,240 

 

  9,871 

Cost of revenues

 

 

(155,525)

 

(171,914)

 

(1,832)

 

(617,802)

 

(656,192)

 

(6,993)

Gross profit

 

 

69,517 

 

70,449 

 

 751 

 

273,082 

 

270,048 

 

  2,878 

 

Selling and marketing expenses

 

 

(15,065)

 

(14,003)

 

   (149)

 

(64,378)

 

(59,216)

 

   (631)

General and administrative expenses

 

 

(15,589)

 

(14,808)

 

   (158)

 

(57,465)

 

(61,434)

 

   (655)

Foreign exchange gains/(losses), net

 

 

 224 

 

 325 

 

     3 

 

   32 

 

  1,853 

 

   20 

Results from operating activities

 

 

39,087 

 

41,963 

 

 447 

 

151,271 

 

151,251 

 

  1,612 

 

Finance expenses

 

 

(3,767)

 

(3,701)

 

 (39)

 

(14,770)

 

(14,577)

 

   (156)

Finance and other income

 

 

11,819 

 

  8,387 

 

   89 

 

38,202 

 

36,491 

 

 389 

Share of net profit/ (loss) of associate and joint venture accounted for using the equity method

 

 

 291 

 

   27 

 

 ^ 

 

 254 

 

 257 

 

     3 

Profit before tax

 

 

47,430 

 

46,676 

 

 497 

 

174,957 

 

173,422 

 

  1,848 

Income tax expense

 

 

(11,549)

 

(11,460)

 

   (122)

 

(42,777)

 

(40,767)

 

   (434)

Profit for the period

 

 

35,881 

 

35,216 

 

 375 

 

132,180 

 

132,655 

 

  1,414 

 

Profit attributable to:

 

   

Equity holders of the Company

 

 

35,696 

 

35,018 

 

 373 

 

131,354 

 

131,974 

 

  1,407 

Non-controlling interests 

 

 

 185 

 

 198 

 

     2 

 

 826 

 

 681 

 

     7 

Profit for the period

 

 

35,881 

 

35,216 

 

 375 

 

132,180 

 

132,655 

 

  1,414 

 

Earnings per equity share:

 

   

Attributable to equity holders of the Company

 

Basic

 

3.41 

 

3.34 

 

0.04 

 

  12.56 

 

  12.60 

 

0.13 

Diluted

 

3.39 

 

3.33 

 

0.04 

 

  12.52 

 

  12.56 

 

0.13 

 

Weighted average number of equity shares

 

used in computing earnings per equity share

 

Basic

 

 10,462,328,534 

 

 10,479,105,556 

 

 10,479,105,556 

 

 10,456,741,552 

 

 10,476,247,846 

 

 10,476,247,846 

Diluted

 

 10,490,716,219 

 

 10,504,875,601 

 

 10,504,875,601 

 

 10,488,939,392 

 

 10,503,422,936 

 

 10,503,422,936 

^ Value is less than 0.5

 

 

Information on reportable segments for the three months ended March 31, 2026, December 31, 2025, March 31, 2025, year ended March 31, 2026, and March 31, 2025 are as follows:

 

Particulars

Three months ended

Year ended

March
31, 2026

December
31, 2025

March
31, 2025

March
31, 2026

March
31, 2025

Audited

 Audited 

 Audited 

 Audited 

 Audited 

Segment revenue

         

IT Services

         

Americas 1

       79,844 

       77,809 

       73,721 

     305,571 

     281,824 

Americas 2

       67,288 

       67,708 

       68,582 

     269,077 

     271,972 

Europe

       65,412 

       62,405 

       58,552 

     244,165 

     240,077 

APMEA

       27,623 

       25,859 

       23,598 

     102,340 

       94,351 

Total of IT Services

     240,167 

     233,781 

     224,453 

     921,153 

     888,224 

IT Products

         2,521 

         2,565 

            813 

         6,940 

         2,692 

Total segment revenue

     242,688 

     236,346 

     225,266 

     928,093 

     890,916 

           

Segment result

         

IT Services

         

Americas 1

       16,058 

       16,409 

       16,195 

       62,896 

       58,186 

Americas 2

       12,181 

       14,450 

       15,513 

       53,138 

       61,326 

Europe

       10,092 

         8,003 

         8,140 

       31,083 

       29,434 

APMEA

         5,085 

         3,583 

         3,672 

       14,955 

       12,850 

   Unallocated

       (1,899)

       (1,259)

       (4,250)

       (3,426)

     (10,157)

Total of IT Services

       41,517 

       41,186 

       39,270 

     158,646 

     151,639 

IT Products

            211 

            227 

              28 

            559 

          (173)

Reconciling Items

            235 

       (5,678)

          (211)

       (7,954)

          (195)

Total segment result

       41,963 

       35,735 

       39,087 

     151,251 

     151,271 

Finance expenses

       (3,701)

       (3,656)

       (3,767)

     (14,577)

     (14,770)

Finance and other income

         8,387 

         9,232 

       11,819 

       36,491 

       38,202 

Share of net profit/ (loss) of associate and joint venture accounted for using the equity method

              27 

              28 

            291 

            257 

            254 

Profit before tax

       46,676 

       41,339 

       47,430 

     173,422 

     174,957 

 

Additional Information:

 

The Company is organized into the following operating segments: IT Services and IT Products.

 

IT Services: The IT Services segment primarily consists of IT services offerings to customers organized by four Strategic Market Units (“SMUs”) – Americas 1, Americas 2, Europe and Asia Pacific Middle East and Africa (“APMEA”). Americas 1 and Americas 2 are primarily organized by industry sector, while Europe and APMEA are organized by countries.

Americas 1 includes the entire business of Latin America (“LATAM”) and the following industry sectors in the United States of America: Communications, media and information services, Software and gaming, New age technology, Consumer goods, medical devices and life sciences, Healthcare, and Technology products and services.

Americas 2 includes the entire business in Canada and the following industry sectors in the United States of America: Banking and financial services, Energy, Manufacturing and resources, Capital markets and insurance, and Hi-tech.

Europe consists of the United Kingdom and Ireland, Switzerland, Germany, Northern Europe and Southern Europe.

APMEA consists of Australia and New Zealand, India, Middle East, South-East Asia, Japan and Africa.

Revenue from each customer is attributed to the respective SMUs based on the location of the customer’s primary buying center of such services. With respect to certain strategic global customers, revenue may be generated from multiple countries based on such customer’s buying centers, but the total revenue related to these strategic global customers are attributed to a single SMU based on the geographical location of key decision makers.

IT Products: The Company is a value-added reseller of security, packaged and SaaS software for leading international brands. In certain total outsourcing contracts of the IT Services segment, the Company delivers hardware, software products and other related deliverables. Revenue relating to these items is reported as revenue from the sale of IT Products.

 

Reconciliation of selected GAAP measures to Non-GAAP measures

 

  1. Reconciliation of Non-GAAP Constant Currency IT Services Revenue to IT Services Revenue as per IFRS ($Mn)

 

Three Months ended March 31, 2026

IT Services Revenue as per IFRS

$2,651.0

Effect of Foreign currency exchange movement

($9.6)

 

 

Non-GAAP Constant Currency IT Services Revenue
based on previous quarter exchange rates

$2,641.4

   

Three Months ended March 31, 2026

IT Services Revenue as per IFRS

$2,651.0

Effect of Foreign currency exchange movement

($58.8)

 

 

Non-GAAP Constant Currency IT Services Revenue
based on exchange rates of comparable period in previous year

$2,592.2

 

 

Year ended March 31, 2026

IT Services Revenue as per IFRS

$10,478.1

Effect of Foreign currency exchange movement

($132.9)

 

 

Non-GAAP Constant Currency IT Services Revenue

based on previous year exchange rates

$10,345.2

 

 

  1. Reconciliation of Free Cash Flow for three months and twelve months ended March 31, 2026

     

 

Amount in INR Mn

 

Three months ended March 31, 2026

Twelve months ended March 31, 2026

Net Income for the period [A] 

35,216

132,655

Computation of Free Cash Flow

 

 

Net cash generated from operating activities [B]

31,731

149,316

Add/ (deduct) cash inflow/ (outflow)on:

 

 

Purchase of property, plant and equipment

(4,821)

(15,603)

Proceeds from sale of property, plant and equipment

1

758

Free Cash Flow [C]

26,911

134,471

Operating Cash Flow as percentage of Net Income [B/A]

90.1%

112.6%

Free Cash Flow as percentage of Net Income [C/A]

76.4%

101.4%

 

 

  1. Reconciliation for Adjusted Net Income and Adjusted EPS

                                                                                                                                                     Amounts in INR Mn

Particulars

Three months ended
March 31, 2026

Twelve months ended
March 31, 2026

Net Income [A]

35,018

131,974

Add: Impact of gratuity expenses and remeasurement of

leave encashment due to implementation of new labour

code [B]

(272)

2,756

Less[C]: Tax on [B]

115

(475)

Adjusted Net Income [D]: [A+B+C]

34,861

134,255

Adjusted EPS Basic (Rs)

3.3

12.8

AD Ports Group Leverages Integrated Logistics Network to Ensure Trade Resilience and Strengthen Regional Supply Chains

Abu Dhabi, UAE – 16 April 2026: AD Ports Group (ADX: ADPORTS), a leading global enabler of trade, industry, and logistics solutions, has successfully drawn on its diversified logistics capabilities to strengthen local and regional supply chains in the Gulf region, ensuring continued resilience.

Since the onset of the recent regional developments at the end of February, the Group has continued to operate as normal, serving the needs of its global clients by establishing alternative routes and rerouting cargo across land, rail, sea, and air to mitigate supply chain disruptions affecting Arabian Gulf ports, in light of the traffic conditions through the Strait of Hormuz.

AD Ports Group Leverages Integrated Logistics Network to Ensure Trade Resilience and Strengthen Regional Supply Chains

To date, AD Ports Group handled over 54,000 TEUs at Fujairah Terminals and Khor Fakkan Port, and successfully transported over 22,000 containers through its land logistics services, alongside 18,000 TEUs across its maritime network, supported by a dedicated fleet of 24 vessels operating 8 feeder services. In addition, the Group has transported more than 8,000 tonnes of cargo through its air logistics services, enabled by more than 100 chartered flights. 

Captain Mohamed Juma Al ShamisiManaging Director and Group CEO of AD Ports Group, said: “Our long-term investments in a diversified and comprehensive network of logistics and trade infrastructure have enabled one of the UAE’s largest-ever logistics redeployments to be executed with speed, agility and efficiency. Under the guidance of our wise leadership in the UAE, AD Ports Group will continue to guarantee the flow of goods across local and regional markets, particularly essential commodities such as food, medicines, strategic reserves, and other critical inputs. Our commitment towards serving our partners and customers remains firm, while safeguarding the safety of our workforce and strengthening the resilience of local and regional supply chains.”

To ensure continuity of regular shipping services to Khalifa Port, and across three key trade corridors linking the UAE’s eastern ports with ports in the Arabian Sea and the Red Sea, the Group has launched new regional feeder shipping services to maintain supply chain integrity, which redeployed and scaled up its dedicated vessel fleet to 24 container and bulk cargo vessels, with plans to increase fleet capacity.

Feeder shipping services operated by the Group’s SAFEEN Feeders and Global Feeder Shipping (GFS) have been rerouted via Fujairah Terminals and Khor Fakkan Port, both located on the Gulf of Oman, providing alternative gateways to the UAE and the wider GCC region.

New container feeder shipping services have been established connecting ports in India, Pakistan and Oman, as well as Red Sea ports, and ports along the Upper Arabian Gulf region.

By leveraging its logistics assets and extensive strategic and commercial networks, the Group has established an air bridge comprising three chartered aircraft, to transport vital goods, with plans to further increase capacity.

The Group has also established a land bridge to transport cargo from Fujairah and Khor Fakkan through bonded customs corridors in the UAE to Khalifa Port, Jebel Ali Port, and Sharjah, using 800 trucks and four new daily rail service trips by Etihad Rail. These efforts are supported by the Group’s expanded warehousing and storage capacity for essential goods, currently exceeding 76,000 sqm, with plans to more than double to 188,000 sqm.

Leveraging its award-winning digital trade infrastructure, the Group has launched new freight management platforms that deliver visibility and resilience, enabling the efficient management of trade flows. By unifying and processing data across the Group’s global operations, these platforms have enabled the Group to leverage real-time trade lane intelligence to strengthen supply chain integrity, while repurposing empty import containers for export along alternative high-volume corridors– enhancing resilience and reducing time and cost for customers. 

Working closely with UAE authorities and industry partners, AD Ports Group continues to safeguard its workforce, partners and stakeholders, while ensuring uninterrupted services to customers.

DuploCloud Strengthens Enterprise Trust Position with SOC 2 Type II and ISO/IEC 42001 Milestones

Certifications reinforce the company’s commitment to secure cloud operations and responsible AI management

SAN JOSE, Calif. – April 16, 2026 – DuploCloud, the industry pioneer for DevOps automation and built-in compliance, today announced that it has successfully completed its SOC 2 Type II compliance in accordance with American Institute of Certified Public Accountants (AICPA) standards for SOC for Service Organizations, also known as SSAE 18, and achieved ISO/IEC 42001 certification. These attributions will further strengthen the company’s foundation for enterprise security, governance, and responsible AI management.

These milestones reflect DuploCloud’s continued investment in the controls, processes, and management systems that enterprise customers increasingly expect as they evaluate cloud infrastructure platforms and AI-enabled operational technologies.

“Enterprises are moving quickly to modernize infrastructure and adopt AI, but they also need confidence that these systems are being built and managed responsibly,” said Venkat Thiruvengadam, Founder and CEO of DuploCloud. “Completing our SOC 2 Type II examination and achieving ISO/IEC 42001 certification are important milestones for DuploCloud and for the customers who rely on us to help them operate securely, stay compliant, and scale with confidence.”

A SOC 2 Type II examination evaluates the design and operating effectiveness of controls relevant to security and other Trust Services Criteria over a defined period. ISO/IEC 42001 is an international standard for AI management systems that helps organizations establish a structured approach to governing AI responsibly.

Together, these milestones support DuploCloud’s broader mission to help organizations streamline cloud operations while maintaining strong security, compliance, and governance standards. They also reinforce the company’s position as enterprises increasingly look for partners that can support both infrastructure automation and responsible AI adoption.

DuploCloud’s platform helps teams automate cloud operations, accelerate deployment, and manage compliance across complex environments. The company’s growing AI capabilities are designed to help engineering and operations teams move faster while maintaining visibility, control, and accountability.

Aston Martin Aramco Formula One™ Team extends relationship with Simulator & Show Car experts, Memento Exclusives

Aston Martin Aramco Formula One™ Team has extended its longstanding relationship with Memento Exclusives, the world’s leading motorsport memorabilia specialist and expert provider of Simulators and Show Cars.

This new multi-year extension will see Memento Exclusives continue to provide industry leading products for elite activations as well as a host of categories for sale at multiple price-points via the officially licensed memorabilia retail and auction platform F1® Authentics

Aston Martin Aramco Formula One™ Team extends relationship with Simulator & Show Car experts, Memento Exclusives

One of the most popular items is the 2026 Official Team Motion Simulator, designed and built at Memento Exclusives’ facility, just 15 minutes away from the AMR Technology Campus. This fully immersive Championship Simulator experience is made using the team’s CAD drawings to perfectly recreate the design and manufacture of the actual car. New additions to the expanded 2026 range include the X range, focusing purely on getting in the driver’s seat, as well as a static wheelchair-accessible variation, ensuring professional-level realism and performance is made available more fans than ever before.

These simulators are made to order and painted in iconic British racing green, bringing fans as close as possible to the experience of becoming an F1® driver, just like Fernando Alonso or Lance Stroll.

Memento Exclusives is also the supplier of the Official 2026 AMR26 Replica Car. Whether unveiled on stage, featured at a partner event or displayed within a VIP hospitality environment, these strictly limited-edition replicas showcase craftsmanship, authenticity and technical quality.

Brand-new additions to the official licensed lineup in 2026 are set to include a Pit-Stop System, featuring the front half of a Show Car and offering the ability to compete, just like a member of the race crew.

Barry Gough, Founder & CEO, Memento Exclusives, added: “The Aston Martin Aramco Formula One™ Team continues to be one of our most valued licensees. We are excited to have extended our relationship and to be able to continue to offer fans and partners new ways to engage with the iconic team. From our expanded Simulator Range to limited-edition Replica Show Cars and the brand-new Pit Stop Systems launching in 2026, all available in AMR26 livery, there is more opportunity than ever for Aston Martin Aramco fans to Own The Moment.”

Matt Chapman, Head of Licensing and Merchandise, Aston Martin Aramco Formula One™ Team, said: “We are pleased to extend our longstanding relationship with Memento Exclusives through this new multi-year agreement. Building on our existing product ranges, we are excited to further expand our offering with the introduction of new products later this year, continuing our commitment to delivering high-quality, innovative experiences for fans.”

To explore the latest Official Aston Martin Aramco Formula One™ Team products available, visit  F1® Authentics now.