For the three months ending in December, the company's consolidated revenue climbed 0.5% to 223.19 billion rupees ($2.58 billion), surpassing analysts' average forecast of 222.28 billion rupees, according to LSEG data.
The Bengaluru-based firm also saw its net profit jump by 24.5% to 33.54 billion rupees, beating the analysts' prediction of 30.7 billion rupees.
Looking ahead, Wipro anticipates its revenue growth for the March quarter to be between -1% and 1%, as they only provide sequential forecasts.
During the third quarter, the company's order book reached $3.5 billion, with large deals over $30 million accounting for $961 million.
India's IT services sector, valued at $254 billion, has been experiencing slow growth due to global economic uncertainties and inflation, leading clients to cut back on spending.
However, the incoming Trump administration's pro-business stance is expected to positively impact Indian IT companies, with the U.S. being the largest revenue source for the sector's leading firms.
Wipro's bigger competitors, Tata Consultancy Services, Infosys, and HCLTech, reported an increase in discretionary spending during the quarter.
Despite the positive news, Wipro's shares in Mumbai fell by 2.45% before the results were released.