Wipro Q4 Results 2025 Highlights: Net profit jumps 26% YoY to ₹3,570 crore; IT services revenue de-growth in Q1

Wipro Q4 Results LIVE: Wipro is the second largest Indian tech company to declare results in the ongoing Q4 earnings season, after Tata Consultancy Services posted its report last week. The country's largest IT services firm TCS reported a 1.7 per cent decline in the March quarter net profit to ₹12,224 crore, hurt largely by a margin contraction.

The Tata Group company also announced that it will be deferring wage hikes to its 6.07 lakh employees due to the business uncertainties triggered by the tariff issues. Its FY25 net profit increased 4.2 per cent to ₹48,553 crore on the back of a 6 per cent growth in revenue to ₹2.55 lakh crore or over USD 30 billion.

Wipro Q4 Results LIVE: For Q4FY25, the total bookings was at USD 3,955 million, up 13.4 per cent quarter-on-quarter in constant currency. The large deal bookings was at USD 1,763 million, an increase of 48.5 per cent year on year. The IT services operating margin for Q4, FY25 was at 17.5 per cent, flat quarter-on-quarter and expansion of 1.1 per cent year-on-year.

Wipro Q4 Results LIVE: A comparison of TCS vs Wipro on a few key metrics:

• PAT growth: TCS reported a 1.6% YoY dip in consolidated profit to ₹12,224 crore while Wipro posted a 26% YoY jump to ₹3,570 crore.
• Revenue growth: TCS's revenue from operations climbed 5.29% YoY to ₹64,479 crore while Wipro posted a 1.33% jump to ₹22,504.2 crore.
• Margin: Net Margin for TCS stood at 19.0% whereas for Wipro it was 17.5%.
• Attrition: 12-month attrition for TCS was at 13.3% while for Wipro it is 15%.

Wipro Q4 Results LIVE: Wipro board did not declare any dividend. It said the interim dividend of ₹6 declared by the Board at its meeting held on January 17th, 2025, shall be considered as a final dividend for the financial year 2024-25.

• IT Products segment revenue for the quarter was ₹0.8 billion ($9.5 million)
• IT Products segment results for the quarter were ₹0.03 billion ($0.3 million)
• IT Products segment revenue for the year was ₹2.7 billion ($31.5 million)
• IT Products segment results for the year were ( ₹0.2 billion) / ($2.0 million) loss

Wipro Q4 Results LIVE: “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,” said Aparna Iyer, Chief Financial Officer, Wipro.

Wipro Q4 Results LIVE: “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,” said Srini Pallia, CEO and Managing Director.

• Gross revenue reached ₹890.9 billion ($10.4 billion), a decrease of 0.7% YoY.
• IT Services segment revenue was at $10,511.5 million, a decrease of 2.7% YoY.
• Non-GAAP constant currency IT Services segment revenue decreased 2.3% YoY.
• Large deal bookings were at $5.4 billion, up by 17.5% YoY. Total bookings were at $14.3 billion, a decrease of 3.8% YoY.
• IT Services operating margin for the year was at 17.1%, up by 0.9% YoY.
• Net income for the year was ₹131.4 billion ($1,537.0 million), an increase of 18.9% YoY.
• Earnings per share for the year were ₹12.6 ($0.151), an increase of 20.3% YoY.
• Operating cash flows were ₹169.4 billion ($1,983.0 million), a decrease of 3.9% YoY, and at 128.2% of net income for the year.

Wipro Q4 Results LIVE: Total bookings were at $3,955 million, up by 13.4% QoQ in constant currency. Large deal bookings were at $1,763 million, an increase of 48.5% YoY in constant currency.

Wipro Q4 Results LIVE: Voluntary attrition was at 15.0% on a trailing 12-month basis as of the March 2025 quarter, which was slightly lower than 15.3% as of the December 2024 quarter.

Wipro Q4 Results LIVE: IT services operating margin for Q4 FY25 was at 17.5%. While the figure was flat on a QoQ basis, it witnessed an expansion of 1.1% YoY.

Wipro Q4 Results LIVE: Gross revenue for the quarter stood at ₹22500 crore, an increase of 0.8% QoQ and 1.3% YoY. IT services segment revenue was at $2,596.5 million, a decrease of 1.2% QoQ and 2.3% YoY. Non-GAAP2 constant currency IT Services segment revenue decreased by 0.8% QoQ and 1.2% YoY

Wipro Q4 Results LIVE: Wipro expects revenue from 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, it said.

Wipro Q4 Results LIVE: The revenue from operations also increased in the quarter under review albeit by a small quantum. The revenue jumped 1.33% to ₹22,504.2 crore from ₹22,208.3 crore earlier.

Wipro Q4 Results LIVE: Consolidated profit after tax rose 25.9% YoY to ₹3,570 crore for the quarter ended March 2025. The company had reported a PAT of ₹2834. crore in the same period last year.

Wipro Q4 Results LIVE: Wipro shares gained 1.5% in Wednesday's trading session to end the trade at ₹247.80 apiece. The IT major is slated to post its earnings shortly.

Wipro Q4 Results LIVE: ICICI Securities sees consolidated revenue falling by 1.7% YoY to ₹22,771.1 crore, even as it could grow 2% QoQ. It sees a 17.6% growth in adjusted net profit to ₹3334.9 crore.

"We expect 0.8% QoQ CC revenue growth lying above mid-point of guidance range of -1% to 1%. We expect revenue growth momentum to continue in BFSI and Healthcare. One large client in Europe in BFSI vertical continues to ramp down," it said.

Wipro Q4 Results LIVE: ICICI Securities expects EBIT margin to improve by 22bps QoQ led by tight cost control:

1. shift of roles from onsite to offshore

2. employee pyramid optimization

3. improving productivity in fixed price contracts

4. margin synergies from integration of newer acquisitions

Wipro Q4 Results LIVE: ICICI Securities expects Wipro to report healthy large deal TCV supported by the GBP 500mn deal with Pheonix Group. “Client conversations have improved. We expect large deal TCV and total TCV to be in-line with quarterly average run-rate of ~USD1.1 bn and ~USD 3.5bn respectively,” said the brokerage.

Wipro Q4 Results LIVE: ICICI Securities expects IT services companies to start the year with conservative guidance for FY26 amidst increased uncertainty and a challenging macro environment. “Wipro could guide for -1% to 1% QoQ constant currency (CC) growth for Q1FY25, similar to Q4FY25, given the return of uncertainty and a slowdown in decision-making in the US,” the brokerage said.

Wipro Q4 Results LIVE: Wipro is likely to report flat revenue in 4Q (midpoint of its 4Q guidance), as softness may persist in the Energy, Manufacturing, and Resources verticals, along with the Europe and APMEA regions. For 4QFY25, margins are expected to remain in a narrow band, with no significant headwinds anticipated. Wage hikes are behind and were fully absorbed in 3Q.

BFSI may perform better sequentially due to an uptick in budgets and the Capco business. Healthcare will also grow, but at a slower pace than in the past.

Key monitorable: Commentary on recovery in the Europe region, as well as in the Energy, Manufacturing, and Resources verticals.

Views by Motilal Oswal Financial Services

Wipro Q4 Results LIVE: Analysts expect Wipro’s consolidated net profit in Q4FY25 to rise 3.5% quarter-on-quarter (QoQ) to ₹3,472 crore, while IT services revenue is expected to rise by 1.7% QoQ to ₹22.670 crore. IT Services revenue is estimated to fall 0.4% QoQ in Constant Currency (CC) terms and drop 1% QoQ in USD terms. Wipro’s margins are expected to remain stable as wage hike is behind.

Wipro Q4 Results LIVE: Wipro share price traded higher on Wednesday, ahead of the Q4 results today. Wipro shares opened marginally higher at ₹244.55 apiece on the BSE as against its previous close of ₹244.10 per share. It rose as much as 1.04% to an intraday high of ₹246.65 apiece, while it touched an intraday low of ₹241.10. At 1:00 PM, Wipro shares were trading 0.43% higher at ₹245.15 apiece on the BSE.

Wipro Q4 Results LIVE: Wipro is expected to deliver a muted sequential growth of (-1.4%) to 0.2% in constant currency terms in the fourth quarter earnings. The performance of the IT major is likely to fall in the lower-end of the guided ranges. 

Wipro Q4 Results LIVE: IT major Wipro is set to announce its Q4 results today, April 16. India's fourth-largest information technology (IT) company will also deliver its financial results for the fiscal year 2024-25 along with its Q4FY25 results. The board of directors of Wipro is scheduled to meet today to consider and approve the financial results for the quarter ended March 2025 and financial year ended March 2025.