diff --git a/sc/inc/tokenarray.hxx b/sc/inc/tokenarray.hxx
index ab1e9419042b..d1a4bed9d879 100644
--- a/sc/inc/tokenarray.hxx
+++ b/sc/inc/tokenarray.hxx
@@ -239,7 +239,7 @@ public:
      */
     OUString CreateString( sc::TokenStringContext& rCxt, const ScAddress& rPos ) const;
 
-    void WrapReference( const ScAddress& rPos, SCCOL nMaxCol, SCROW nMaxRow );
+    bool WrapReference( const ScAddress& rPos, SCCOL nMaxCol, SCROW nMaxRow, bool bQueryNeedWrap = false);
 
 #if DEBUG_FORMULA_COMPILER
     void Dump() const;
diff --git a/sc/source/core/tool/token.cxx b/sc/source/core/tool/token.cxx
index e7e6ecefd420..563b2007b28d 100644
--- a/sc/source/core/tool/token.cxx
+++ b/sc/source/core/tool/token.cxx
@@ -3994,17 +3994,27 @@ OUString ScTokenArray::CreateString( sc::TokenStringContext& rCxt, const ScAddre
 
 namespace {
 
-void wrapAddress( ScAddress& rPos, SCCOL nMaxCol, SCROW nMaxRow )
+bool wrapAddress( ScAddress& rPos, SCCOL nMaxCol, SCROW nMaxRow, bool bQueryOnly )
 {
+    bool bChanged = false;
     if (rPos.Col() > nMaxCol)
-        rPos.SetCol(rPos.Col() - nMaxCol - 1);
+    {
+        if (!bQueryOnly)
+            rPos.SetCol(rPos.Col() - nMaxCol - 1);
+        bChanged = true;
+    }
     if (rPos.Row() > nMaxRow)
-        rPos.SetRow(rPos.Row() - nMaxRow - 1);
+    {
+        if (!bQueryOnly)
+            rPos.SetRow(rPos.Row() - nMaxRow - 1);
+        bChanged = true;
+    }
+    return bChanged;
 }
 
 }
 
-void ScTokenArray::WrapReference( const ScAddress& rPos, SCCOL nMaxCol, SCROW nMaxRow )
+bool ScTokenArray::WrapReference( const ScAddress& rPos, SCCOL nMaxCol, SCROW nMaxRow, bool bQueryNeedWrap)
 {
     FormulaToken** p = pCode;
     FormulaToken** pEnd = p + static_cast<size_t>(nLen);
@@ -4017,8 +4027,12 @@ void ScTokenArray::WrapReference( const ScAddress& rPos, SCCOL nMaxCol, SCROW nM
                 formula::FormulaToken* pToken = *p;
                 ScSingleRefData& rRef = *pToken->GetSingleRef();
                 ScAddress aAbs = rRef.toAbs(rPos);
-                wrapAddress(aAbs, nMaxCol, nMaxRow);
-                rRef.SetAddress(aAbs, rPos);
+                if (wrapAddress(aAbs, nMaxCol, nMaxRow, bQueryNeedWrap))
+                {
+                    if (bQueryNeedWrap)
+                        return true;
+                    rRef.SetAddress(aAbs, rPos);
+                }
             }
             break;
             case svDoubleRef:
@@ -4026,16 +4040,22 @@ void ScTokenArray::WrapReference( const ScAddress& rPos, SCCOL nMaxCol, SCROW nM
                 formula::FormulaToken* pToken = *p;
                 ScComplexRefData& rRef = *pToken->GetDoubleRef();
                 ScRange aAbs = rRef.toAbs(rPos);
-                wrapAddress(aAbs.aStart, nMaxCol, nMaxRow);
-                wrapAddress(aAbs.aEnd, nMaxCol, nMaxRow);
-                aAbs.PutInOrder();
-                rRef.SetRange(aAbs, rPos);
+                bool bChanged = wrapAddress(aAbs.aStart, nMaxCol, nMaxRow, bQueryNeedWrap);
+                bool bChanged2 = wrapAddress(aAbs.aEnd, nMaxCol, nMaxRow, bQueryNeedWrap);
+                if (bChanged || bChanged2)
+                {
+                    if (bQueryNeedWrap)
+                        return true;
+                    aAbs.PutInOrder();
+                    rRef.SetRange(aAbs, rPos);
+                }
             }
             break;
             default:
                 ;
         }
     }
+    return false;
 }
 
 #if DEBUG_FORMULA_COMPILER
diff --git a/sc/source/filter/excel/excform.cxx b/sc/source/filter/excel/excform.cxx
index 22becd6c5031..dec9a8165e32 100644
--- a/sc/source/filter/excel/excform.cxx
+++ b/sc/source/filter/excel/excform.cxx
@@ -122,8 +122,13 @@ void ImportExcel::Formula(
             const ScTokenArray* pSharedCode = pFormConv->GetSharedFormula(aRefPos);
             if (pSharedCode)
             {
-                ScFormulaCell* pCell = new ScFormulaCell(pD, aScPos, pSharedCode->Clone());
-                pCell->GetCode()->WrapReference(aScPos, EXC_MAXCOL8, EXC_MAXROW8);
+                ScFormulaCell* pCell = new ScFormulaCell(pD, aScPos, *pSharedCode);
+                // Do we need to wrap the column or row indices? (tdf#76611)
+                if (pCell->GetCode()->WrapReference(aScPos, EXC_MAXCOL8, EXC_MAXROW8, true))
+                {
+                    pCell = new ScFormulaCell(pD, aScPos, pSharedCode->Clone());
+                    pCell->GetCode()->WrapReference(aScPos, EXC_MAXCOL8, EXC_MAXROW8);
+                }
                 rDoc.getDoc().EnsureTable(aScPos.Tab());
                 rDoc.setFormulaCell(aScPos, pCell);
                 pCell->SetNeedNumberFormat(false);