Wipro’s IT services segment revenue stood at USD 2,604.3 million, a decline of 2.1 per cent year-on-year. Azim Premji- File image

IT services major Wipro on Thursday reported a marginal rise in consolidated net profit at Rs 3,246.2 crore for the July-September quarter, as CEO and MD Srini Pallia said the demand environment remains healthy, with discretionary spending increasingly directed towards AI-driven initiatives.

Strengthening its focus on artificial intelligence, the Bengaluru-based company unveiled Wipro Intelligence, a unified suite of AI-powered platforms, solutions, and offerings aimed at expanding its presence in consulting and advisory services within the AI space.

The company had posted a net profit of Rs 3,208.8 crore in the corresponding period last year, according to a

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