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Mar 31

Wipro Q4 2025 Earnings Report

Wipro reported stable Q4 results with modest revenue growth and higher net income.

Key Takeaways

Wipro closed Q4 FY25 with a slight revenue uptick and a solid increase in net income, supported by strong large deal bookings and margin expansion.

Net income rose to $417800000, up 6.4% QoQ and 25.9% YoY.

Gross revenue reached $2634200000, up 0.8% QoQ and 1.3% YoY.

IT services margin expanded 1.1% YoY to 17.5%.

Large deal bookings jumped 48.5% YoY to $1763000000.

Total Revenue
$2.63B
Previous year: $2.67B
-1.2%
EPS
$0.041
Previous year: $0.04
+2.5%
Operating Margin
17.5%
Previous year: 16.4%
+6.7%
Large Deal Bookings
$1.76B
Previous year: $1.19B
+48.5%
Total Bookings
$3.96B
Gross Profit
$814M
Cash and Equivalents
$1.43B
Free Cash Flow
$309M
Total Assets
$15.1B

Wipro

Wipro

Wipro Revenue by Segment

Wipro Revenue by Geographic Location

Forward Guidance

Wipro expects a sequential revenue decline in Q1 FY26, reflecting cautious client sentiment.

Positive Outlook

  • Revenue guidance includes large deal ramp-ups.
  • Strong bookings in Q4 provide a base for Q1 pipeline.
  • Improved client satisfaction may support renewals.
  • Continued investments in AI and consulting capabilities.
  • Margins expected to remain in a narrow band.

Challenges Ahead

  • Guided revenue decline of up to 3.5% in constant currency.
  • Cautious client spending due to macro uncertainty.
  • IT services revenue down QoQ and YoY in Q4.
  • Operating cash flow declined 28.2% YoY.
  • Softness in key geographies like Europe and APMEA.

Revenue & Expenses

Visualization of income flow from segment revenue to net income