Wipro’s large deal booking jumped 48.5% year-on-year in Q4FY25 to $1,763 million in constant currency terms. Its total bookings for the quarter ending March 31, 2025, stood at $3,955 million in constant currency terms, an increase of 13.4% sequentially.
The large deals rose 17.5% YoY for the financial year 2024-25.
“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,” said Srini Pallia, CEO and Managing Director at Wipro.
The company’s management expects revenue from the IT services segment to be in a range of $2,505 million to $2,557 million, translating into a guidance of -3.5% to 1.5% sequentially in constant currency terms.
The company’s IT services segment revenue declined 1.2% quarter-on-quarter to $2,596.5 million, while 2.3% YoY. The IT services operating margin for Q4FY25 stood at 17.5%, which was flat sequentially and expanded 1.1% YoY.
Wipro reported a 26% jump in its consolidated net profit to Rs 3,569.6 crore for the quarter ending March of the previous financial year. Its consolidated revenue from operations for Q4FY25 almost stood flat at Rs 22,504.20 crore, while the company’s operating margins expanded 110 basis points YoY.
“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,” said the company in a press release.
The share price of Wipro closed the session, ahead of results, 1.48% higher at Rs 247.60 on the National Stock Exchange.