Wipro Q4 Results 2025: Wipro released its fiscal fourth quarter results today with profit at Rs 3569.60 crore, up 25.93 per cent in comparison to Rs 2834.60 crore during the same period of previous financial year. It posted revenue from operations for the quarter in review at Rs 22,504.20 crore, posting a growth of 1.33 per cent as against Rs 22,208.30 crore reported during the corresponding quarter of FY24.
Wipro Q3 performance
In January this year, Wipro had released its Q3 results wherein it had reported a net profit of Rs 3,350 crore, up 24.5 per cent from a year ago. Revenue for the quarter under review was marginally up by 0.5 per cent from the year-ago period to Rs 22,320 crore. Wipro had also declared an interim dividend of Rs 6 per share and revised its capital allocation policy to commit at least 70 percent of net income as payouts over a three-year period.
Wipro Q4 Results Live Updates: What have analysts said?
“Wipro’s Q4 growth remained nearly flat at 0.8% in constant currency, primarily impacted by weak discretionary spending and ongoing global economic uncertainty. Still, there are positive signs for future performance, driven by a strong deal pipeline and recovery in key sectors like BFSI and healthcare, which may offset weaker-performing areas. The company is prioritizing large deal execution, strengthening client relationships, expanding AI and GenAI capabilities, and adapting its operations to evolving market needs. However, it is important for Wipro to address rising attrition. As workload pressures increase, maintaining workforce stability is essential to sustaining service quality and meeting delivery expectations—any setbacks in this area could pose risks to its growth trajectory," said Garter's Biswajit Maity.
Wipro Q4 Results Live Updates: Wipro on tariffs
Wipro CEO cautioned about tariff related uncertainties in FY26. He said, “Tariffs are creating a lot of uncertainty. A large transformation project was paused by a client this quarter.”
Wipro Q4 Results Live Updates: ‘It is important for Wipro to address rising attrition’, says Gartner
Biswajit Maity, Sr Principal Analyst, Gartner, said, “Wipro’s Q4 growth remained nearly flat at 0.8 per cent in constant currency, primarily impacted by weak discretionary spending and ongoing global economic uncertainty. Still, there are positive signs for future performance, driven by a strong deal pipeline and recovery in key sectors like BFSI and healthcare, which may offset weaker-performing areas. The company is prioritizing large deal execution, strengthening client relationships, expanding AI and GenAI capabilities, and adapting its operations to evolving market needs. However, it is important for Wipro to address rising attrition. As workload pressures increase, maintaining workforce stability is essential to sustaining service quality and meeting delivery expectations—any setbacks in this area could pose risks to its growth trajectory.”
Wipro Q4 Results Live Updates: Strategic deal wins (Australian engineering and construction company)
A large Australian engineering and construction company has strengthened its strategic, long-standing partnership with Wipro by expanding into a Managed Services contract. Wipro will leverage automation and AI ops to improve user experience, deliver faster and higher quality issue resolution, as well as to optimize IT costs, and streamline operations. Wipro will also transform the client’s IT service delivery across multiple business units to create a modern, secure, and sustainable environment.
A US-based payment card services company has expanded its relationship with Wipro to modernize and maintain its business applications portfolio. The Wipro team will undertake a transformation and optimization program across the client’s payment ecosystem. From this project, the client will see significantly improved transaction security for their end customers, as well as enhanced scalability and cost efficiency.
Wipro Q4 Results Live Updates: Strategic deal wins (Energy firm in US)
An American multinational energy corporation has extended their relationship with Wipro to provide Application Management Services across their entire Oil & Gas value chain. Leveraging Wipro’s AI-powered NextGen AMS solution, the team will modernize and manage an expanded scope of business applications that power critical functions across the client’s end-to-end business value chain. Through this engagement, the client will see a significant increase in AI-enabled operational efficiency, improved resilience in automation, enhanced service levels, as well as stronger alignment with their competitive performance goals.
Wipro Q4 Results Live Updates: Strategic deal wins (Health insurance firm in US)
One of the largest health insurers in the US has extended its engagement with Wipro to automate and streamline its financial and membership reconciliation. Wipro will deploy its industry leading Medicare platform, “Payer-in-a-box”, to support the client’s growing business. The SaaS based solution will provide the client with increased flexibility to handle membership growth, optimized financial control, and assured compliance with Centre for Medicare & Medicaid Services regulations. Additionally, the solution will also ensure data security, platform stability, and seamless business continuity for the client.
Wipro Q4 Results Live Updates: Strategic deal wins (Phoenix Group)
Phoenix Group, the UK's largest long-term savings and retirement business, has selected Wipro to deliver life and pension business administration for their ReAssure business and accelerate the Group’s operational transformation. Under the terms of the 10-year deal, Wipro’s FCA-regulated entity, Wipro Financial Services Outsourcing Limited (WFOSL), will deliver comprehensive life and pension administration services that will encompass Policy Administration, Claims Processing, Customer Service Support, Data Management and Reporting, and Compliance and Regulatory Support. As part of the engagement, Wipro will also assume management of the client’s core policy administration ALPHA platform, modernizing it with AI, Automation, Cloud, and digital transformation technologies.
Wipro Q4 Results Live Updates: Performance by IT products for Q4 and FY25
- IT Products segment revenue for the quarter was Rs 80 crore ($9.5 million)
- IT Products segment results for the quarter were Rs 3 crore ($0.3million)
- IT Products segment revenue for the year was Rs 270 crore ($31.5 million)
- IT Products segment results for the year were Rs (-) 20 crore ($(-)2.0 million)
Wipro Q4 Results Live Updates: Capital allocation
The interim dividend of Rs 6 declared by the Board at its meeting held on January 17th , 2025 shall be considered as final dividend for the financial year 2024-25.
Wipro Q4 Results Live Updates: Aparna Iyer on Q4 performance
Aparna Iyer, Chief Financial Officer, said “For Q4 operating margins expanded 110 basis points year on year and for the full financial year margin expanded by 90 basis points. Our focus on execution rigour has ensured that our margins have steadily expanded even in a softening revenue environment. Our endeavor will be to maintain the margin in a narrow band in the coming quarters. Our net income grew 6.4% sequentially in Q4 and 18.9% for the full financial year. Cash flow continued to be robust in Q4 resulting in net operating cash flow generation of almost $ 2 Bn for FY’25, which is 128.2% of our net income.”
Wipro Q4 Results Live Updates: Srini Pallia on Q4 performance
Srini Pallia, CEO and Managing Director, said, “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.”
- Gross revenue reached Rs 89,090.00 crore ($10.4 billion), a decrease of 0.7% YoY.
- IT services segment revenue was at $10,511.5 million, a decrease of 2.7% YoY.
- Non-GAAP constant currency IT Services segment revenue decreased 2.3% YoY.
- Large deal bookings was at $5.4 billion, up by 17.5% YoY. Total bookings was at $14.3 billion, decrease of 3.8% YoY.
- IT services operating margin for the year was at 17.1%, up by 0.9% YoY.
- Net income for the year was at Rs 13,140.00 crore ($1,537.0 million), an increase of 18.9% YoY.
- Earnings per share for the year was at Rs 12.6 ($0.15), an increase of 20.3% YoY.
- Operating cash flows of Rs 16,940.00 crore ($1,983.0 million), decrease of 3.9% YoY and at 128.2% of net Income for the year.
- Gross revenue at Rs 22,500.00 crore ($2,634.2 million), an increase of 0.8% QoQ and 1.3% YoY.
- IT services segment revenue was at $2,596.5 million, down 1.2% QoQ and 2.3% YoY.
- Non-GAAP constant currency IT Services segment revenue decreased 0.8% QoQ and 1.2% YoY.
- Total bookings was at $3,955 million, up by 13.4% QoQ in constant currency
- Large deal bookings was at $1,763 million, an increase of 48.5% YoY in constant currency
- IT services operating margin for Q4FY25 was at 17.5%, flat QoQ and expansion of 1.1% YoY.
- Net income for the quarter was at Rs 3570.00 crore ($417.8 million), an increase of 6.4% QoQ and 25.9% YoY.
- Earnings per share for the quarter at Rs 3.4 ($0.04), an increase of 6.2% QoQ and 25.8% YoY.
- Operating cash flows of Rs 3750.00 crore($438.5 million), decrease of 28.2% YoY and at 104.4% of Net Income for the quarter.
- Voluntary attrition was at 15.0% on a trailing 12-month basis.
Wipro Q4 Results Live Updates: Total bookings
Wipro posted total bookings at $3,955 million, posting a growth of 13.4 per cent QoQ in constant currency. Further, large deal bookings stood at $1,763 million, up 48.5 per cent YoY in constant currency in Q4FY25 and grew 17.5 per cent YoY for FY25.
Wipro Q4 Results Live Updates: Outlook for Q1FY26
Wipro said, “We expect revenue from our IT Services business segment to be in the range of $2,505 million to $2,557 million. This translates to sequential guidance of (-)3.5% to (-)1.5% in constant currency terms.”
Wipro Q4 Results Live Updates: Profit rises by 25.93% to Rs 3569.60 crore
IT major Wipro released its fiscal fourth quarter results today with profit at Rs 3569.60 crore, reporting a growth of 25.93 per cent in comparison to Rs 2834.60 crore during the same period of previous financial year. It posted revenue from operations for the quarter in review at Rs 22,504.20 crore, up 1.33 per cent as against Rs 22,208.30 crore reported during the corresponding quarter of FY24.
Q4 Results Live Updates: ‘Growth starvation could drive competitive intensity higher for IT sector’
InCred Equities said, “The recent uncertainty and lack of urgency to spend could potentially moderate the spending pattern and, in turn, heighten the ‘doing more for less’ noise. This implies vendors need to optimize existing projects to fund discretionary/artificial intelligence or AI-led data projects. Finally, growth starvation could drive the competitive intensity in the market higher and, in turn, could pressure the EBIT margin profile of deals. As for Q4FY25F, we expect largely flattish margin qoq as revenue softness, deal transition costs and staggered wage hikes for a select few could offset tailwinds from reversal of furloughs and Indian rupee or INR depreciation.”
Wipro Q4 Results Live Updates: Divergent EBIT margin performance expected for IT sector
Kotak Institutional Equities said, “Expect divergent EBIT margin performance due to timings of wage increases and seasonal weakness in certain business segments. On a yoy comparison, EBIT margin will increase for all large companies, except for TCS. Expect steady to strong margin performance for mid-tier companies, deriving benefits from rupee depreciation and strong growth. PSYS will stand out in margin performance among mid-tier companies.”
Q4 Results Live Updates: TCS Q4 numbers
Earlier on April 10, Tata Consultancy Services (TCS) announced its fiscal fourth quarter earnings with profit at Rs 12,224 crore,down 1.69 per cent in YoY. It posted revenue from operations at Rs 64,479 crore, up 5.29 per cent as against Rs 61,237 crore during the same period of previous financial year.
Wipro Q4 Results Live Updates: JM Financial on margins for IT sector
JM Financial said, “We expect top-6 players to report (120)-10 bps QoQ margin expansion. Barring USD-INR depreciation (tailwind) and lower working days (headwind), each player is battling its own set of puts and takes. INFO has to deal with wage hike, visa cost, higher marketing expenses which will be partially offset by lower cost of third party items (COT). HCLT’s margin will be weighed down by lower software sales and partial wage hike. LTIM’s change of guard, apart from weakness in Hi-Tech (higher margin segment) could delay recovery. TECHM should absorb wage hike impact through project Fortius. Mid-caps should do better. Auto ER&D’s margins will likely be flattish.”
Wipro Q4 Results Live Updates: Demand environment and guidance for IT sector
An analysis report by Sharekhan said, “We expect deal win TCV to be modest for Tier IT service companies with dearth of mega deals. Infosys and HCLT are expected to provide conservative growth guidance due to uncertainties stemming from the Trump administration policy measures fuelling concerns of increased inflation and economic slowdown. Management commentaries on deal activity across verticals, cues on discretionary and IT budgetary spend in the face of increased uncertainty and progress on Gen AI would be key monitorables.”
Wipro Q4 Results Live Updates: Outlook for IT sector
JM Financial said, “With recovery in discretionary spend less visible, the spotlight will be back on larger deals.” It said that Wipro (Phoenix Group) have likely done better this quarter among large-caps. Among mid-caps, Coforge, on the back of $1.56 billion TCV Sabre deal, could report $2 billion+ TCV, substantially improving its FY26 revenue visibility. Mphasis and KPIT’s deal momentum should sustain. “We expect 3-5%, 3-5% and 12-14% cc YoY revenue growth guidance from INFO, HCLT and KPIT respectively. WPRO could guide for -1% to +1% cc QoQ for Q1FY25. Any slowdown in US BFSI could be concerning. The current environment limits visibility. But our baseline hypothesis is deferral in spend, instead of curtailment. Large-deal led growth however means margin pressure may not relent,” it added.
Wipro Q4 Results Live Updates: AI focus for IT sector
Kotak Institutional Equities said, “Generative AI provides significant productivity benefits across several service lines of IT services companies, such as software development, testing and horizontal BPO. Companies view the revenue deflation risk as manageable and similar to past technology cycles. Companies intend to be ahead of the game and generate sufficient efficiency savings through AI adoption in order to retain some benefit after passing on the savings to clients. New revenue opportunities in technology from the adoption of generative AI are available and include data infrastructure modernization and legacy code modernization. New opportunities from using AI at scale to transform business operations can be a large future opportunity. The reduction in model costs is good for AI adoption.”
Wipro Q4 Results Live Updates: Expect cautious guidance for FY26, says Kotak Securities on IT sector
Kotak Institutional Equities said, “The fallout of tariff threats by the US is slowdown and uncertainty in spending. This has started showing in macro indicators. Most companies were relying on an uptick in discretionary spending for growth in FY2026, noting weak mega-deal signings across the board.”
Against this backdrop, the brokerage firm maintained that the companies in the IT sector are expected to take a cautious stance on guidance. “We believe Infosys will guide for a conservative 1-4 per cent revenue growth in FY2026. We believe HCLT will guide for 3-5per cent revenue growth for FY2026, which includes 100 bps contribution from the CTG acquisition. Wipro’s guidance could range from (-)0.5 to +1.5 per cent qoq for Q1FY26. We expect EBIT margin guidance of 20 22 per cent from Infosys and 18-19 per cent from HCLT for FY2026,” it added.
Wipro Q4 Results Live Updates: Expectations from the IT sector
Estimating the Q4 performance of the IT sector, Sharekhan analysis report stated, “We expect Tier-1 IT service companies to report muted Q4FY25 impacted by lower working days and marginal deterioration in demand. We expect QoQ constant currency (CC) revenue growth of -1.8 per cent to 0.2 per cent for Tier-1 and -0.1 per cent to 13.5 per cent QoQ revenue growth in CC terms for Tier-2 IT companies. Among Tier-2 IT companies, LTTS is expected to lead revenue growth of 13.5 per cent QoQ in CC terms aided by SWC seasonality and contribution from Intelliswift. Persistent and Coforge among Tier-2 companies are expected to report strong sequential revenue growth of 4 per cent/ 3 per cent in CC terms aided by ramp of earlier deals. EBIT margin is likely to be largely mixed across the covered IT companies.”
Deal wins TCV, it added, is likely to be modest in the absence of large mega deals. Infosys and HCL Tech are expected to provide conservative growth guidance due to increased macro uncertainties.
Wipro Q4 Results Live Updates: What can be expected from Q4 earnings report?
With Wipro all set to announce its fiscal fourth quarter earnings report today, analysts and brokerage firms said that the IT major is expected to report a flat revenue growth
Wipro Q4 Results Live Updates: Sharekhan on Wipro Q4 results
An analysis report by Sharekhan said, “Wipro is expected to report a sequential revenue growth of -0.5 per cent QoQ in CC terms, within its Q4 guided range, of -1 per cent to 1 per cent. EBIT margin is expected to be flat sequentially.”
Estimates by Sharekhan:
Sales
Rs 22,701.2 crore; Up 2.3% YoY
Operating margin
20.5%; Down 178 bps YoY
Net profit
Rs 3,394 crore; Up 19.7% YoY
Wipro Q4 Results Live Updates: Key monitorables
Key things to watch out for:
- Commentary on consulting business (particularly in BFSI vertical), client specific issues in BFSI vertical, large deal pipeline and outlook on client discretionary spend.
- Co in the past has maintained margins will be maintained in a narrow band, reinvest any margin gains in driving faster growth
- Towards the end of the quarter, Wipro announced a mega deal GBP 500 million, 10 yr deal with UK’s Phoenix Group.
- The company in Q3 spoke about discretionary demand coming back in BFSI, but slowly.
Wipro Q4 Results Live Updates: Revenue estimated at Rs 23,112.5 crore
Wipro will release its Q4 earnings report today, with key focus on BFSI demand, large deals, and client spending. According to a CNBC TV18 poll, Wipro is expected to report Q4 profit at Rs 23,112.5 crore and EBIT is estimated at Rs 3,957.2 crore. Margins for the quarter in review is projected to remain stable at 17.1 per cent.