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Earnings Call

Wipro Earnings Call: Key Takeaways

Wipro reported Q4 FY26 IT services revenue of $2.65B with 17.3% margins. Strategy pivots towards AI-native business and agentic AI solutions.

Highlights
Revenue growth-1.6% YoY CC for FY26; Q4 grew 0.2% QoQ.
MarginsFY26 margin at 17.2% (+15bps YoY); Q1 FY27 face wage hike headwinds.
Order bookQ4 bookings at $3.5B; 14 large deals worth $1.4B.
Demand visibilityMixed; strong secular pipeline but cautious 'wait and watch' by some clients.
Management confidenceConfident in top account recovery and AI-led long-term transformation.

Growth

Q4 IT services revenue grew 0.2% QoQ but declined 0.2% YoY. Full year FY26 revenue declined 1.6% YoY.

Outlook

Q1 FY27 revenue guidance of -2% to 0%. Announced largest ever buyback of ₹15,000 crores at ₹250/share.

Risks

Softness in Americas 2 BFSI sector due to client-specific issues and delayed deal ramp-ups; wage hike headwinds in Q1.

Source

Earnings Call filed with BSE, NSE: WIPRO. Summary written with AI assistance from the document.

Read the document ↗

Wipro Ltd: key numbers

Share price
₹161.56
Market cap
₹1,60,029 Cr
Revenue (annual)
₹92,624 Cr
Net profit (annual)
₹13,197 Cr
P/E (TTM)
12.1×Sector 21.9×
Promoter holding
72.59%-0.03% QoQ
FII holding
8.85%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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