Wipro Q4 Results: Profit rises 13%, beats estimates; revenue misses, Rs 15,000 crore buyback announced

Wipro Q4FY26 Results: IT major Wipro reported a rise in profit for the March quarter, coming in slightly ahead of expectations, even as revenue growth remained modest and below estimates. Net profit stood at Rs 3,522 crore, up around 12–13 per cent from Rs 3,145 crore in the previous quarter and marginally higher than the estimated Rs 3,516 crore. The growth in profit was supported by better margins and a favourable base.

Revenue below expectations

Revenue for the quarter came in at Rs 24,236 crore, lower than the estimated Rs 24,399 crore. On a sequential basis, revenue grew 2.9 per cent, compared with expectations of 3.6 per cent, indicating a gradual recovery in demand.

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Margins support earnings

Despite the softer revenue performance, profitability remained supported. Estimates had pegged EBIT at Rs 4,105 crore with margins at 16.8 per cent, up from 14.8 per cent in the previous quarter. The stronger profit suggests margins have improved during the quarter.

Deal pipeline remains key

Deal wins continue to be a key factor. Estimates had indicated total contract value at around USD 3.5 billion, with large deals expected in the range of USD 850 million to USD 1 billion. Management commentary on deal flow will be closely tracked.

Buyback announcement

The company’s board approved a Rs 15,000 crore buyback at Rs 250 per share. The move is expected to support investor sentiment and reflects the company’s focus on returning cash to shareholders.

Overall view

The quarter reflects steady performance, with profit holding up better than revenue. While top-line growth remains moderate, margins and the buyback announcement provide some support, keeping the overall outcome broadly in line with expectations.