Wipro Q4 Results: IT major reports 6.4% QoQ growth in net profit; check top four key highlights of March quarter earnings

India’s leading Information & Technology player, Wipro, announced its Q4FY25 and FY25 results in post-market hours. The shares closed 1.48% higher on the NSE at ₹247 apiece ahead of the results.

The company reported a strong set of numbers every quarter, as the net profit jumped 25% YoY and a 6.4% QoQ jump to ₹3,570 crore. Here are the top four key takeaways from the results

Weak guidance for Q1FY26

The primary and key takeaway from the quarterly and annual earnings was a weak outlook for Q1FY26. The company expects the IT services segment to report a -3.5% to -1.5% decline in revenue for the June quarter. In constant currency terms, the IT services segment revenue is expected to be in the range of $2,505 million to $2,557 million.

Sharp uptick in billings for Q4FY25

The company witnessed a 13.4% QoQ jump in the total bookings at $3,955 million as the large IT services billings increased by 48.5% QoQ to $1,760 million. Despite the large billings during the quarter, the total revenue largely remained flat at $2,634 million. On an annual basis, the overall billings stood at $14.1 billion, down by 3.8% YoY. The large deal wins for the year stood at $5.4 billion.

Margin expansion

The company reported margin expansion by 110 bps at 17.5% as compared to the previous year's similar quarter. The margin accretion was largely led by currency benefits, strong order execution in a softening revenue environment. The company endeavours to maintain the margin in the narrow range amid sectoral headwinds, guided by the management.

Management remains cautious

Srini Pallia, CEO and Managing Director, said 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.”. Aparna Iyer, Chief Financial Officer, said “we will endeavour to maintain the margin in a narrow band in the coming quarters.”