Wipro has been in focus on Tuesday. On April 8, 2025, Wipro share price opened at ₹244.75, up from its previous close of ₹242.90. At 10:07 AM, the share price of Wipro was trading at ₹244.60, up by 0.70% on the NSE. The stock price hit its 52-week high at ₹324.60 on January 23, 2025.
On April 7, 2025, the company informed the stock exchanges that it would announce results for Q4 FY25 on Wednesday, April 16, 2025, post-market hours.
For the quarter ended December 31, 2024, Wipro reported gross revenue of ₹223.2 billion ($2,608.9 million), reflecting a marginal growth of 0.1% quarter-on-quarter (QoQ) and 0.5% year-on-year (YoY). However, the IT services segment revenue dipped by 1.2% QoQ and 1.0% YoY, amounting to $2,629.1 million.
Despite the revenue dip, the company delivered strong net income growth. Net profit stood at ₹33.5 billion ($392 million), marking a 4.5% QoQ and 24.5% YoY increase. The IT services operating margin also improved to 17.5%, up 0.7% QoQ and 1.5% YoY.
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Total bookings stood at $3,514 million, while large deal bookings reached $961 million, reflecting a 6% YoY growth in constant currency terms.
Looking ahead, Wipro expects IT services revenue for Q4 FY25 to range between $2,602 million and $2,655 million, indicating a sequential growth range of -1.0% to +1.0% in constant currency.
Wipro Limited is a global leader in technology services and consulting, dedicated to crafting innovative solutions that tackle the most complex challenges of digital transformation. With a comprehensive portfolio spanning consulting, design, engineering, and operations, Wipro empowers clients to achieve their boldest goals and build sustainable, future-ready businesses.
With Wipro set to announce its Q4 FY25 results on April 16, investors will keep a close watch on its revenue guidance, deal pipeline, and margin trajectory.
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Published on: Apr 8, 2025, 10:25 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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