IT major Wipro saw Q4FY25 net profit zoom 25.9% to Rs 3,569.6 crore while revenue rose 1.3% to Rs 22,504.2 crore. The company also reiterated its focus on Artificial Intelligence while highlighting several key deals secured in recent months. The company saw profits rise 18.9% to Rs 13,135.4 crore for the full FY25 while revenues for the full fiscal year tanked 0.74% to reach Rs 89,088.4 crore.
“We closed FY25 with two mega deal wins, an increase in large deal bookings, and growth in our top accounts. Client satisfaction scores improved, reflecting strong execution and engagement. We also continued to invest in our global talent and in strengthening our consulting and AI capabilities. As clients remain cautious in the face of macroeconomic uncertainty, we’re focused on partnering closely with them while staying committed to consistent and profitable growth,” said CEO and MD Srini Pallia.
A regulatory filing shared on Wednesday indicated that Wipro had also continued to invest in global talent and in strengthening consulting and AI capabilities.
The company highlighted several strategic deals struck in the last quarter (between January and March) — including the £500 million agreement with UK insurance giant Phoenix Group. Wipro said that it would be managing the core policy administration ALPHA platform of the company and “modernizing it with AI, Automation, Cloud, and digital transformation
technologies”. Wipro also outlined similar plans to leverage its “deep expertise and AI tools” to scale the operations of various clients in different parts of the world.
The senior management of Wipro is also scheduled to hold a conference call at 7:00 pm on Thursday (after the results announcement) to discuss the performance and field questions.