Wipro Limited has announced its financial performance for the fourth quarter and the full financial year ending March 31, 2025. The company posted a 6.4% growth in net profit for Q4 and an impressive 18.9% increase for FY25. Operating margins also expanded, reaching 17.5% in Q4—up 1.1% compared to the same quarter last year. For the full year, margins stood at 17.1%, reflecting a 0.9% year-on-year growth.
In the March quarter, Wipro reported gross revenue of ₹225.0 billion ($2.63 billion), showing a 0.8% increase from the previous quarter and a 1.3% rise from the same period last year. However, revenue from the IT services segment declined 1.2% quarter-on-quarter and 2.3% year-on-year to $2.60 billion.
Net income stood at ₹35.7 billion ($417.8 million), reflecting a sequential growth of 6.4% and a 25.9% increase compared to Q4 FY24. Earnings per share rose to ₹3.4 ($0.04), up 6.2% QoQ and 25.8% YoY. Total bookings were strong at $3.96 billion, with large deal bookings reaching $1.76 billion, marking a 48.5% year-on-year growth. Operating cash flow was ₹37.5 billion ($438.5 million), representing 104.4% of net income for the quarter. Voluntary attrition came down to 15.0% on a trailing 12-month basis.
For the full year, gross revenue was ₹890.9 billion ($10.4 billion), slightly down by 0.7% compared to FY24. IT services revenue came in at $10.51 billion, a decline of 2.7% year-on-year. On the positive side, large deal bookings rose 17.5% to $5.4 billion, though total bookings dropped 3.8% to $14.3 billion.
Net income for the year stood at ₹131.4 billion ($1.54 billion), up 18.9% year-on-year, and earnings per share increased to ₹12.6 ($0.15), a 20.3% YoY growth. Operating cash flow for the year was robust at ₹169.4 billion ($1.98 billion), amounting to 128.2% of net income.
Guidance for Q1 FY26:
Wipro expects revenue from its IT Services business to range between $2.51 billion and $2.56 billion in the quarter ending June 30, 2025. This guidance indicates a possible decline of 1.5% to 3.5% in constant currency terms. The forecast is based on assumed exchange rates, including USD/INR at 86.60.
Srini Pallia, Wipro’s CEO and Managing Director, highlighted that the company ended FY25 on a high note with two mega deal wins, stronger large deal bookings, and growth in top client accounts. He emphasised improved client satisfaction and Wipro’s ongoing investments in talent and AI-led consulting capabilities.
Aparna Iyer, CFO, added that operating margins expanded 110 basis points YoY in Q4 and 90 basis points over the full year. She also pointed out that the company generated strong cash flows, which stood at nearly $2 billion for the year, equivalent to 128.2% of net income.
Wipro Ltd is a global leader in technology services and consulting, known for building innovative digital solutions for complex business challenges. With a workforce of over 230,000 people across 65 countries, Wipro helps clients achieve their transformation goals while fostering sustainability and growth in a rapidly evolving world.
On April 16, Wipro share price opened at ₹244.00, touched a high of ₹248.45, and dropped to a low of ₹241.20 before closing at ₹247.60, up 1.48% for the day.
Wipro’s FY25 performance reflects its strategic focus on high-value deals, operational efficiency, and client satisfaction. Despite a cautious Q1 FY26 outlook, the company remains committed to long-term growth through investments in AI, talent, and innovation. Investors and stakeholders will be keenly watching how these efforts translate into results in the coming quarters.
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Published on: Apr 16, 2025, 9:27 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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