Wipro Limited — Updates, 16-04-2025: Press Release

Wipro has reported mixed financial results for the quarter and year ended March 31, 2025. For Q4 FY25, gross revenue reached ₹225.0 billion ($2,634.2 million), reflecting a 0.8% sequential and 1.3% year-on-year growth. The IT services segment generated $2,596.5 million, down 1.2% QoQ and 2.3% YoY. However, net income for the quarter stood at ₹35.7 billion ($417.8 million), up 6.4% QoQ and 25.9% YoY, with earnings per share at ₹3.4 ($0.041).

FY25 saw gross revenue decline 0.7% YoY to ₹890.9 billion ($10.4 billion), impacted by a 2.7% drop in IT services segment revenue to $10,511.5 million. Despite lower revenues, the net income surged 18.9% YoY to ₹131.4 billion ($1,537.0 million), translating to an EPS of ₹12.6 ($0.151). The company announced strong large deal bookings, achieving $5.4 billion for FY25, a 17.5% increase YoY. Looking forward, Wipro projects Q1 FY26 IT services revenue between $2,505 million and $2,557 million, suggesting a sequential decline of 1.5% to 3.5%, indicating a cautious market outlook.