Wipro adds 614 employees in Q4, 732 employees for the full year

Wipro added 614 employees in the fourth quarter oft the previous fiscal , as the IT services company continues to reassess its lateral and campus hiring models to focus on improving utilisation rate of employees to grow margins.

For FY25, Wipro’s headcount increased by 732 to 233,346, from 232,614 in the previous year. The company's headcount has been declining for the previous two fiscal years.

Sequentially, the attrition rate dropped to 15 percent for the last-twelve-month (LTM) basis. In Q3, attrition stood at 15.3%.

In terms of freshers, Wipro onboarded 10,000 campus hires in FY25, but remained cautious of setting a target for FY26.

Speaking at the company’s earnings conference, Saurabh Govil, CHRO, Wipro said, “We ended the fiscal FY25 with approximately 10,000 freshers hired. And we look to continue to see that, but we'll also keep a very close look at what's happening in the environment.”

“We don't want a situation where we onboard people and we don't have channels of deployment. So we'll keep a very close look. But that's the plan that continuously keep growing and adding,” he added.

Last week, India's largest IT services company Tata Consultancy Services (TCS) reported a net quarterly addition of 625 employees.

Wipro Ltd reported its fourth quarter earnings on April 16. The company saw 6.4 percent sequential rise in net profit to Rs 3,569.6 crore, while gross revenue rose marginally to Rs 22,504.2 crore. The IT major’s operating margin for the quarter stood at 17.5 percent, expanding 1.1 percentage points year-on-year.