IT services major Wipro on Wednesday reported a net profit (attributable to shareholders of the company) of Rs 3,570 crore for the fourth quarter ended March 2025, up 26% from Rs 2,835 crore in the year-ago period. The profit beat Street expectations of Rs 3,290 crore.
Revenue from operations in the quarter rose 1% year-on-year (YoY) to Rs 22,504 crore, compared to Rs 22,208 crore in the same period last year.
The IT services segment revenue stood at $2,596.5 million in the fourth quarter, reflecting a decline of 1.2% quarter-on-quarter (QoQ) and 2.3% year-on-year (YoY). In constant currency terms, IT services revenue decreased 0.8% QoQ and 1.2% YoY.
On a sequential basis, revenue increased by a marginal 0.8%. The profit after tax grew 6% QoQ from Rs 3,354 crore posted in the preceding December quarter.
"We closed FY25 with two mega deal wins, an increase in large deal bookings, and growth in our top accounts. Client satisfaction scores improved, reflecting strong execution and engagement," said Srini Pallia, CEO and MD of Wipro.
Total bookings during the quarter stood at $3,955 million, up 13.4% QoQ in constant currency. Large deal bookings came in at $1,763 million, marking a 48.5% YoY increase in constant currency terms.
IT services operating margin for the fourth quarter expanded 1.1% YoY to 17.5%, but remained flat on a QoQ basis.
Wipro said its focus on execution rigour has helped ensure steady margin expansion despite a softening revenue environment. “Our endeavor will be to maintain the margin within a narrow band in the coming quarters,” the company stated.
Wipro’s net profit grew 19% sequentially for the full financial year. Cash flow remained robust in Q4, resulting in net operating cash flow generation of nearly $2 billion for FY25.
In the fourth quarter, the company reported operating cash flows of Rs 3,750 crore ($438.5 million), marking a 28.2% YoY decline. This represented 104.4% of net income for the quarter.
Voluntary attrition for the fourth quarter stood at 15% on a trailing 12-month basis.
For FY25, gross revenue reached Rs 89,090 crore ($10.4 billion), reflecting a 0.7% YoY decline, while net income rose 19% YoY to Rs 13,140 crore.
As clients remain cautious amid macroeconomic uncertainty, Wipro's CEO said the company is focused on partnering closely with clients while remaining committed to consistent and profitable growth.
Wipro shares closed 1.5% higher at Rs 247.6 on the NSE.
Revenue from operations in the quarter rose 1% year-on-year (YoY) to Rs 22,504 crore, compared to Rs 22,208 crore in the same period last year.
The IT services segment revenue stood at $2,596.5 million in the fourth quarter, reflecting a decline of 1.2% quarter-on-quarter (QoQ) and 2.3% year-on-year (YoY). In constant currency terms, IT services revenue decreased 0.8% QoQ and 1.2% YoY.
On a sequential basis, revenue increased by a marginal 0.8%. The profit after tax grew 6% QoQ from Rs 3,354 crore posted in the preceding December quarter.
"We closed FY25 with two mega deal wins, an increase in large deal bookings, and growth in our top accounts. Client satisfaction scores improved, reflecting strong execution and engagement," said Srini Pallia, CEO and MD of Wipro.
Total bookings during the quarter stood at $3,955 million, up 13.4% QoQ in constant currency. Large deal bookings came in at $1,763 million, marking a 48.5% YoY increase in constant currency terms.
IT services operating margin for the fourth quarter expanded 1.1% YoY to 17.5%, but remained flat on a QoQ basis.
Wipro said its focus on execution rigour has helped ensure steady margin expansion despite a softening revenue environment. “Our endeavor will be to maintain the margin within a narrow band in the coming quarters,” the company stated.
Wipro’s net profit grew 19% sequentially for the full financial year. Cash flow remained robust in Q4, resulting in net operating cash flow generation of nearly $2 billion for FY25.
In the fourth quarter, the company reported operating cash flows of Rs 3,750 crore ($438.5 million), marking a 28.2% YoY decline. This represented 104.4% of net income for the quarter.
Voluntary attrition for the fourth quarter stood at 15% on a trailing 12-month basis.
For FY25, gross revenue reached Rs 89,090 crore ($10.4 billion), reflecting a 0.7% YoY decline, while net income rose 19% YoY to Rs 13,140 crore.
As clients remain cautious amid macroeconomic uncertainty, Wipro's CEO said the company is focused on partnering closely with clients while remaining committed to consistent and profitable growth.
Wipro shares closed 1.5% higher at Rs 247.6 on the NSE.
You may also like
Arsenal Champions League yellow card rules for semi-final explained amid four suspension risks
Prince Harry and King Charles's 'distant' relationship laid bare
Foreign Office warning for British tourists to avoid 'arrest' in holiday hotspot
Popular cooking ingredient used by millions linked to breast cancer, warns top doctor
Youri Tielemans reveals Aston Villa's next move after heroic Champions League exit
