Wipro Q4 Results FY26: Net Profit Jumps 12% QoQ to Rs 3,501 Cr, Announces Rs 15,000 Cr Buyback, Declares Rs 11 Dividend

Noida, Apr 16 (APAC Media): IT major Wipro Ltd on Thursday reported a mixed set of financial results for the quarter ended March 31, 2026, with moderate revenue growth, stable deal momentum, and continued pressure on constant currency performance amid a cautious global demand environment.

Net income for the quarter came in at Rs 3,500 crores, up 12.3% QoQ but down 1.9% YoY. Earnings per share (EPS) stood at Rs 3.34, rising 12.1% sequentially while declining 2.1% from a year earlier. Adjusted net income, excluding the impact of labour code changes, was Rs 3,490 crores, up 3.7% QoQ, with adjusted EPS at Rs 3.33, also reflecting a 3.7% sequential increase.

📊 WIPRO Q4 FY26 PARAMETER

The company posted gross revenue of Rs 24,240 crores for the quarter, up 2.9% sequentially and 7.7% year-on-year. Revenue from the IT services segment stood at approximately Rs 22,035 crores (equivalent), increasing 0.6% quarter-on-quarter and 2.1% year-on-year.

Net income for the year was Rs 13,200 crores, rising 0.5% YoY, while EPS increased marginally to Rs 12.6, up 0.3%. Adjusted net income for the year stood at Rs 13,430 crores, up 2.2% YoY.

The Board of Directors has approved a share buyback of up to Rs 15,000 crores at a price of Rs 250 per share, subject to shareholder approval. The buyback will be carried out through a tender offer route and will cover up to 5.7% of the company’s paid-up equity capital.

The company also confirmed that interim dividends of Rs 11 per share declared during FY26 will be treated as the final dividend for the financial year.

“Advancements in AI are reshaping client priorities and creating new opportunities for us to partner more deeply to deliver value-driven outcomes. To strengthen our position in an AI-first world, we are pivoting to a services-as-a-software model through the AI Native Business & Platforms unit,” said Srini Pallia, CEO and Managing Director.

Total bookings for the quarter were reported at Rs 28,676.5 crores (approx.), up 3.2% QoQ in constant currency. Large deal bookings rose sharply by 65.1% sequentially to Rs 11,952 crores (approx.), reflecting strong traction in high-value enterprise contracts despite ongoing macroeconomic uncertainty and cautious client spending patterns.

“Our strategic deal with the Olam Group further reflects the decisive investments we are making to capture opportunities at scale,” the company added.

Operating cash flows for the quarter were Rs 3,170 crores, accounting for 90.1% of net income, but declined 15.3% year-on-year, pointing to weaker cash generation compared to the same period last year.

For the full financial year ended March 31, 2026, Wipro reported gross revenue of Rs 92,620 crores, up 4.0% YoY. IT services revenue stood at $10,478.1 million, down 0.3% YoY, while constant currency revenue declined 1.6%.

Annual operating margin improved slightly to 17.2%, up 0.2 percentage points year-on-year. Total bookings for the year rose 14.0% to $16.4 billion, while large deal bookings increased 45.4% to $7.8 billion.

The company said IT services revenue for the June 2026 quarter is expected to be in the range of $2,597 million to $2,651 million, implying sequential growth of -2.0% to 0% in constant currency terms.

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