The information technology company Wipro is all set to report its quarterly earnings for the fourth quarter of FY25. TCS was the first IT company to announce its quarterly results. Here are 4 things to know ahead of results today:
Revenue forecast
The analysts are of the view that the company may report a marginal to flat growth in revenue from operations in the last quarter of the financial year 2024-25. It could be on the back of sustained weakness in critical sectors such as manufacturing and energy. According to analysts, the earnings will tell the state of discretionary spending in the tech segment. The brokerage house Nuvama Institutional Equities expects the revenue growth to be between 2.5% and 1.3%.
Guidance for FY26 and next quarter
Wipro’s guidance for the June quarter is likely to remain cautious amid global macroeconomic uncertainty. The brokerage houses, most of them, estimate a constant currency growth between -1% to 1% for the first quarter of FY26, which would be similar to the fourth quarter trends.
Wipro Q3 results
The company’s net profits rose 24.66% YoY in Q3 FY25 to Rs 3,366.70 crore while it reported a marginal increase in revenue from operations at Rs 22,318.80 crore. In the previous quarter, it declared an interim dividend of Rs 6 per equity share, however, it has not announced a dividend till now in Q4 FY25. It is important to note that the company announced revenue guidance from IT services segments of -1% to 1% in constant currency terms.
Wipro’s stock performance
The share price of Wipro has declined 7.5% between January 2025 – March 2025. The stock has fallen a per cent in the past five trading sessions. It has wiped out 6.7% of investors’ wealth in the last one month and more than 8% in the last six months. The share price of Wipro has given a return of almost 9% in the last one year.