Wipro Q4 results: Check earnings preview and technical structure ahead of Q4FY25 results

Revenue is projected between ₹22,450 and ₹22,670 crore—up 1–2% YoY in Q4 FY24. In the previous quarter (Q3 FY25), revenue stood at ₹22,319 crore. Meanwhile, its net profit could increase by 13-17% YoY to ₹3,230 to ₹3,360 crore but could remain 3-4% lower sequentially.

The company's EBIT margins are likely to hold steady between 17.3% and 17.6%, supported by rupee depreciation.

Investors will watch closely for Q1 FY26 revenue guidance, new deal wins, and management commentary—especially on the impact of U.S. tariffs and any shifts in IT discretionary spending.

Ahead of the earnings report, Wipro shares were trading 0.16% higher at ₹244.4 on Wednesday, April 16. Despite today’s gain, the stock is down nearly 20% year-to-date, in line with broader weakness across IT stocks amid concerns over a potential U.S. recession and higher tariffs.

Technical View

The technical structure of the Wipro as per the weekly chart looks range-bound with immediadte resistance around the zone of ₹262 and ₹269. It coincides with the bottom of the rising channel and 50 weekly exponential moving average. On the other hand, the immediate support is visible around previous week’s low of ₹228. Within this range, the stock may remain sideways and a break of these levels on a daily closing basis will provide further directional clues.

Options outlook

The open interest data of the April 24th expiry saw significant call open interest base at 250 strike, indicating resistance for the stock around this zone. On the flip side, the put base was seen at 240 strike with relatively low volume, hinting at support for the stock around this level.

With Wipro trading around ₹243, both call and put options at this strike are priced at ₹14.2 with at-teh-money strike around 242.5. This pricing suggests that the market is expecting a move of around ±5.9%. To assess whether that's a reasonable expectation, it helps to look at how Wipro has reacted to past earnings announcements.

Options strategy for Wipro

Based on options data suggesting a potential price movement of ±5.9%, traders have the opportunity to engage in either a long or short volatility strategy.