Wipro shares trade flat ahead of Q4 results today: Five details and recent business updates to know

The stock was trading at ₹244.95, up 0.39%, on the NSE.

The company, along with its peers, is slated to post a weak set of numbers given the global macro uncertainty, seasonality, and challenges outweighing the benefits of deal ramp-ups.

The export-led Indian IT sector is not directly hit by Trump's tariff order on goods, but there could be worrisome indirect bearings on it arising out of a possible slowdown in decision-making and GDP growth in America over higher tariffs, which may then cloud demand from specific verticals.

India's IT services sector has already been facing growth headwinds over the past quarters, with clients in the US and EU closely scrutinising tech spends amid economic pressures, while the increased charm of AI has led to fears of reduced job creation globally.

Adding to that now, prospects of global economic wars, given the US' fresh tariff offensive on trading partners and major allies, have deepened worry lines about a slowdown in the United States and uncertainties ahead.

Last week, Tata Consultancy Services (TCS) reported a 1.68% dip in its consolidated net profit to ₹12,224 crore for the March 2025 quarter.

It reported a total revenue of ₹64,479 crore in Q4 FY25, up 5.3 per cent over the year-ago period. Besides, the company said it was deferring salary hikes for employees starting in April, citing the growing macroeconomic uncertainty intensified by the ongoing tariff war between the US and other countries.

The move echoes a similar decision made during the onset of the pandemic five years ago, when global business had ground to a halt.

"It also reflects the caution sweeping the IT services sector as companies tighten budgets. Rivals Infosys and Wipro, which report their fourth-quarter results next week, may take similar steps," said a PTI report.

Wipro: Key details and recent news

• Analysts note that the ramp-up of deals could help the company achieve flattish IT services revenue growth in constant currency (CC) terms. Besides, rupee depreciation and operating efficiency could help offset deal transition costs.

• Key monitorables include revenue growth guidance for the June quarter (Q1 FY26), large deal-win trajectory, and vertical outlook.

• Wipro's revenue is likely to increase by about 4.5% in FY26, mainly driven by favourable sectoral trends and recovery in discretionary customer spending, according to global rating agency Fitch. The agency retained Wipro's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'A-' with a stable outlook.

"Fitch forecasts Wipro's revenue to increase by around 4.5 per cent in FY26 compared with a slight decline in FY25.

"We believe that the growth will be supported by a recovery in discretionary customer IT spending, particularly in the US, where customers will benefit from declining interest rates.

• In March 2025, Wipro announced that it has clinched a 500-million-pound (USD 644.7 million), 10-year strategic deal from British insurer Phoenix Group.

Announcing the blockbuster deal, Wipro said the project is designed to deliver life and pension business administration for the ReAssure business and accelerate Phoenix Group's operational transformation.

• In March itself, Wipro announced realignment within its Global Business Lines (GBLs) to better align with the changing needs of clients and to capitalise on opportunities in artificial intelligence (AI), cloud computing, and digital transformation.

The Bengaluru-headquartered IT firm will now have four GBLs, organised around client-buying behaviour.

These will be technology services, business process services, consulting services, and engineering, the company said in a regulatory filing.

The changes came into effect on April 1, 2025.

Wipro share price trend

On a year-to-date (YTD) basis, shares of the company have fallen over 18%, while in the past six months, the stock is down nearly 8%. In the past year, the stock price has gained over 9%.

Srini Pallia is Chief Executive Officer and Managing Director of Wipro Limited.