Wipro, the Bengaluru-based IT firm, is set to report its Q1 FY 2024-25 earnings on July 19. Analysts anticipate a net profit increase of 4% quarter-on-quarter, reaching ₹2,953 crore, despite expectations of flat revenue. The company may face year-on-year revenue declines due to macroeconomic challenges and ongoing softness in certain verticals. However, experts highlight Wipro's strong cost controls and a robust deal pipeline as factors that could bolster its resilience in the IT sector. Additionally, a slight revenue growth of 0.3% quarter-on-quarter is projected, signaling a potential end to five consecutive quarters of revenue decline.