Wipro Reports 1.9% Drop in Q4 Profit to Rs 3,501.8 Crore; Unveils Rs 15,000 Crore Buyback Plan
Synopsis
Wipro has reported a 1.89% year-on-year decline in its consolidated profit for Q4 FY26, amounting to Rs 3,501.8 crore. Despite this drop, the company plans a significant Rs 15,000 crore buyback and anticipates growth in its IT services segment.
Key Takeaways
Wipro's Q4 FY26 profit decreased by **1.89%** YoY.
Consolidated profit stands at **Rs 3,501.8 crore**. **Share buyback plan** of up to **Rs 15,000 crore** approved.
Revenue from operations rose by **7.69%** YoY.
Anticipated IT Services revenue between **$2,597 million and $2,651 million** for June 2026.
Mumbai, April 16 (NationPress) Wipro, a prominent global provider of end-to-end IT transformation, consulting, and business process services, disclosed on Thursday a 1.89% year-on-year (YoY) decrease in its consolidated profit after tax, amounting to Rs 3,501.8 crore for the fourth quarter of FY26. This figure is down from Rs 3,569.6 crore recorded during the same quarter of the previous fiscal year (Q4 FY25).
However, on a sequential basis, the company achieved a 12.27% increase in profit, as per its stock exchange announcement.
The earnings per share were reported at Rs 3.34 ($0.041), reflecting a 12.1% rise quarter-on-quarter, but a 2.1% decline year-on-year.
Wipro's revenue from operations saw a 7.69% increase year-on-year, reaching Rs 24,236.3 crore in the March quarter, compared to Rs 22,504.2 crore a year earlier.
On a sequential basis, revenue also rose by 2.88%, according to the exchange filing.
Looking forward, Wipro anticipates that revenue from its IT Services segment will fall between $2,597 million and $2,651 million for the June 2026 quarter, suggesting a sequential growth guidance of -2.0% to 0% in constant currency terms.
The board also sanctioned a share buyback not exceeding Rs 15,000 crore, which will cover up to 60 crore fully paid-up equity shares, representing 5.7% of its total paid-up equity capital, at a price of Rs 250 per share, pending shareholder approval.
In comments about the company's performance, CEO and Managing Director Srini Pallia noted that advancements in artificial intelligence are altering client priorities and creating new avenues for deeper partnerships.
“To enhance our position in an AI-first landscape, we are transitioning towards a services-as-a-software model through the AI Native Business & Platforms unit,” he mentioned.
Chief Financial Officer Aparna Iyer stated that Wipro has consistently invested in clients, capabilities, and talent while keeping margins stable.
“Over the past year, we have returned a significant portion of our generated cash to shareholders in the form of dividends,” Iyer added.
Point of View
I observe that Wipro's recent financial results reflect the challenges faced in a competitive landscape. The decline in profit, albeit minor, coupled with the buyback announcement, indicates a strategic pivot to maintain investor confidence. The focus on AI and service models could position Wipro favorably in the evolving tech industry.
NationPress
14 Jul 2026
Frequently Asked Questions
What was Wipro's profit for Q4 FY26?
Wipro reported a consolidated profit of Rs 3,501.8 crore for Q4 FY26, reflecting a **1.89% decline** year-on-year.
What is the planned share buyback amount?
Wipro's board has approved a share buyback plan totaling up to **Rs 15,000 crore**.
How did Wipro's revenue perform?
Wipro's revenue from operations increased by **7.69% year-on-year**, reaching **Rs 24,236.3 crore** in the March quarter.
What are Wipro's projections for the IT Services segment?
Wipro expects revenue from its IT Services segment to range between **$2,597 million and $2,651 million** for the June 2026 quarter.
What is the significance of Wipro's AI initiatives?
Wipro is pivoting to an AI Native Business & Platforms model to strengthen its market position in an increasingly AI-driven landscape.
