Wipro Q4 Results: Firm gives revenue guidance of -3.5% to -1.5% for IT Services segment for June quarter

The company, as per the press release, reported a gross revenue of ₹22,500 crore ($2,634.2 million), an increase of 0.8% QoQ and 1.3% YoY.

The company's IT services segment revenue came in at $2,596.5 million, a decrease of 1.2% QoQ and 2.3% YoY. In constant currency terms, the IT Services segment revenue decreased 0.8% QoQ and 1.2% YoY.

During the Q3 results announcement, Wipro had guided for revenue from the IT services business in the range of $2,602 million to $2,655 million, which translates into a sequential guidance of a decline of 1% to 1% growth.

For the June 2026 quarter, the company expects revenue from its IT Services business segment to be in the range of $2,505 million to $2,557 million. This translates to sequential guidance of (-)3.5% to (-)1.5% in constant currency terms. (The company added that the outlook for the quarter ending June 30, 2025, is based on the following exchange rates: GBP/USD at 1.26, Euro/USD at 1.05, AUD/USD at 0.63, USD/INR at 86.60, and CAD/USD at 0.70.)

Net income or profit for the quarter came in at ₹3,570 crore ($417.8 million), an increase of 6.4% QoQ and 25.9% YoY.

IT services operating margin for Q4’25 was at 17.5%, flat QoQ and expansion of 1.1% YoY, the company added.

Total bookings were at $3,955 million, up by 13.4% QoQ in constant currency. Large deal bookings were at $1,763 million, an increase of 48.5% YoY in constant currency terms.

Operating cash flows stood at ₹3,750 crore ($438.5 million), a decrease of 28.2% YoY and at 104.4% of the net income for the quarter.

Commenting on the results, Srini Pallia, CEO and Managing Director, said, “We closed FY25 with two mega deal wins, an increase in large deal bookings, and growth in our top accounts. Client satisfaction scores improved, reflecting strong execution and engagement."

The CEO added, "We also continued to invest in our global talent and in strengthening our consulting and AI capabilities. As clients remain cautious in the face of macroeconomic uncertainty, we’re focused on partnering closely with them while staying committed to consistent and profitable growth.”

Dividend update

Wipro added that the interim dividend of ₹6 was declared by the Board at its meeting held on January 17, 2025, and shall be considered as a final dividend for the financial year 2024-25.