Wipro Q4 results: Net profit rises 6% QoQ to Rs 3,570 crore, firm forecasts weak Q1 revenue

India's fourth-largest IT services firm Wipro Ltd's revenue stood at $2.60 billion, marking a 1.2 percent decline QoQ and a 2.3 percent drop YoY. In constant currency terms, the segment revenue slipped 0.8 percent sequentially. Missing analyst estimates, the company guided revenue in the range of -1.5 percent to -3.5 percent for Q1FY26.

The IT major’s operating margin for the quarter stood at 17.5 percent, expanding 1.1 percentage points year-on-year, Wipro said in a statement.

Total bookings rose 13.4 percent QoQ to $3.96 billion in constant currency, while large deal bookings jumped 48.5 percent YoY to $1.76 billion. Operating cash flow stood at Rs 3,746.5 crore, forming 104.4 percent of net income.

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.”

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 billion for FY25, which is 128.2% of our net income.”