Wipro Q4 Results 2025 Highlights: 'Tariffs have created uncertainty for our clients,' says Wipro CEO

Wipro CHRO Saurav Govil said the company had already given hikes ahead of everybody else in September. "We are still very far from the next cycle. In an uncertain environment, we will decide on wage hikes closer to the date," he said.

Wipro CHRO Saurav Govil said the company is inclined to hire freshers, and will go to hire more after observing the business environment.

Wipro CFO Aparna Iyer said some the company is experiencing some "client-specific issues" in the BFSI vertical in Europe, which is impacting the overall BFSI growth rate. This comes amid global uncertainties following US President Donald Trump's tariffs and the resulting trade wars.

Wipro CEO Srini Pallia said Generative AI is an opportunity for the company. "Infusing Gen AI for existing managed services will help better experience and productivity. In new deals, we are going to infuse Gen AI in the solution itself. We will have much better clarity on Gen AI impact over the next 3-4 quarters," he said.

Wipro CEO Srini Pallia said the company is watching out for changes to discretionary spending amid the global uncertainties surrounding Trump's tariffs. "Cost transformation deals are here, business transformation deals can get delayed for some time," he said.

Wipro CFO Aparna Iyer said the company's arm Capco has had a strong performance in Q4, growing 6% sequentially and 11% YoY. "It is one of the best acquisitions we have made," she said. Wipro had acquired Capco for $1.45 billion in 2021.

Wipro CHRO Saurav Govil said that the company continues to hire from campus, but remains cautious to have them deployed on projects. "We are cognizant that we hire and then don't delay [onboarding]. We have burned our fingers earlier," he said.

Wipro CEO Srini Pallia said, “Tariffs have created uncertainty for our clients.” He further said that European market will be impacted as tariffs have hit the continent as well.

Wipro Chief HR Officer Saurabh Govil said that the company ended FY25 with 10,000 freshers being hired.

Wipro CFO Aparna Iyer said the macroeconomic uncertainties following Trump’s tariffs and the resulting trade wars have been putting downward pressures on the company’s revenues. She further said that this will further continue to impact performance in FY26.

Wipro CEO Srini Pallia said that the company moved its top performers to key positions and lunched initiatives to help them succeed.

Wipro CEO Srini Pallia said the company continues to see strong momentum in large deals. "We closed 17 large deals, with a total value of $1.8 billion, across sectors and markets," he said. "Clients focused on cost, speed, and AI-led efficiency. That's where we are winning," he added.

Wipro CEO Srini Pallia said that Trump's recent tariffs have worsened the uncertain environment of the industry, and have made clients be cautious about their costs. He however added the company is working with its clients. "We won two mega deals this year. It’s a clear sign that large deal engine is working," he said.

The top management of Wipro is set to address media and discuss the company’s performance in the January-March quarter of FY25. The press conference can be watched live on Wipro’s official YouTube channel.

Wipro reported total bookings at $3,955 million for Q4 FY25. This marked a rise of 13.4 percent in constant currency from Q3 FY25. Large deal bookings meanwhile saw a strong surge of 48.5 percent YoY in constant currency to $1,763 million.

Wipro’s total headcount at the end of the quarter stood at 2,33,346 employees. This marked a rise of 614 employees from Q3. The company’s voluntary attrition rate however reduced to 15 percent on a last-twelve-month (LTM) basis in Q4, from 15.3 percent in Q3.

In its press release, Wipro released its guidance for the ongoing April-June quarter (Q1) of FY26. “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,” the firm said.

Wipro CEO and MD Srini Pallia 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."

The company's operating margin for IT services in Q4 expanded to 17.5 percent in Q4. It however remained flat on a sequential basis. For the entire FY25, the company reported an IT services operating margin at 17.1 percent.

Wipro has reported a net profit of Rs 3,569.6 crore for the fourth quarter of FY25. This marks a rise of 26 percent from the Rs 2,834.6 crore net profit the IT company had reported in Q4 FY24. Revenue from operations meanwhile rose over 1 percent YoY to Rs 22,504.2 crore during the reported quarter.

Wipro shares jumped nearly 2 percent to trade at Rs 247.80 apiece in the afternoon. The IT firm is set to announce its results for the January-March quarter of the financial year 2025.

• Net Profit up 29% YoY to Rs 45.42 crore
• Revenue from operations rises 29% YoY to Rs 454 crore
• Earnings per share rises to nearly Rs 37.4
• Dividend of Rs 104.50 per share announced for FY25

Wipro shares rose over 1 percent to trade at Rs 246.60 apiece in the afternoon. The IT firm is set to announce its results for the January-March quarter of FY25.

The shares of Angel One recovered early losses and were trading over 1 percent higher in the green at Rs 2,343 apiece. The company is set to announce its Q4 results today.

Angel One on January 13 reported an 8.1 percent jump in consolidated net profit at Rs 281.4 crore in the December 31st ended quarter of FY25, compared to Rs 260.3 crore in the year-ago period, the online trading and brokerage firm said in an exchange filing.

IT major Wipro on March 26 announced that it has secured a 10-year strategic deal worth approximately $650 million with Phoenix Group, the UK's largest long-term savings and retirement business.

Under the terms of the deal, Wipro’s existing FCA-regulated entity, Wipro Financial Outsourcing Services Limited (WFOSL), will "deliver comprehensive life and pension administration services" to Phoenix Group’s ReAssure customers. These services will encompass Policy Administration, Claims Processing, Customer Service Support, Data Management and Reporting, Compliance and Regulatory Support, as well as Platform Technologies.

Wipro in February reported a 4.5 percent quarter-on-quarter increase in consolidated net profit to Rs 3,354 crore for the quarter ended December 31, 2024, surpassing analysts’ expectations. The IT major's Q3 FY25 revenue remained flat at Rs 22,319 crore, growing 0.1 percent sequentially.

Wipro also had 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.

According to a CNBC-TV18 poll, there will be a key focus on BFSI demand, large deals and client spending in the management commentary today. Wipro is likely to report Rs 23,112.5 crore in revenue, while the Earnings before interest and taxes (EBIT) is seen at Rs 3957.2 crore and margin at 17.1 percent.

The company in an exchange filing, said "Wipro Limited, a leading technology services and consulting company, will announce results for the fourth quarter ended March 31, 2025, on Wednesday, April 16, 2025, after stock market trading hours in India."

After the results, the company's management will also discuss the performance for the March quarter. "At 7:00 PM IST following the results announcement, the senior management will discuss the company’s performance for the quarter," the company said in an exchange filing.

The shares of Angel One were trading flat with marginal losses at Rs 2,315 apiece. The company is set to announce its results for the January-March quarter of the financial year 2024-2025.

The shares of IT giant Wipro were trading flat with marginal gains at Rs 246.05 apiece. The company is set to announce its results for the January-March quarter of the financial year 2024-2025.