The shares of this Bengaluru-based technology services and consulting company tanked nearly 6 percent in Thursday’s trading session after the company announced weak quarterly earnings for Q4 FY25.
Stock Performance
With a market capitalization of Rs 2.4 lakh crore, Wipro Ltd slumped 6 percent to an intraday low of Rs 232.20 per share compared to its previous closing price of Rs 247.50 per share. The shares reiterated from the day’s low and were trading at Rs 234.20 which is 5 percent lower than the previous close.
What Happened
The shares of Wipro Ltd came into focus after the company reported its Q4 FY24-25 results. Revenue from operations grew a muted 1 percent year-on-year from Rs 22,208 crore to Rs 22,504 crore in Q4 FY25. On a quarter-on-quarter basis, the revenue rose marginally from Rs 22,318 crore.
The company saw a 26 percent year-on-year growth in net profits from Rs 2,858 crore to Rs 3,588 crore in Q4 FY25. On a quarter-on-quarter basis, the net profits increased 7 percent from Rs 3,367 crore.
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Q1 FY26 Guidance
Wipro predicts Q1 FY26 revenues to fall somewhere between 3.5 percent and 1.5 percent. Srini Pallia, Wipro’s MD & CEO, noted, “The upper end of the guidance is if we see the improvement in the demand situation from where we are today. So, the lower end of the guidance will obviously have to factor in the worsening of the demand environment.”
Further, the recently signed over $500 million, long‑term deal with Britain’s Phoenix Group in March, is expected to begin bringing in revenue from the second half of FY26.
Company Overview
Wipro is a global company that operates through 2 segments: IT services and IT products. The services segment includes customer centric design, digital strategic advisory, systems integration and package implementation. The products segment primarily consists of third-party IT products which allows it to provide IT system integration services.
Written by Shwetha Sairam
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