Mumbai | April 18,2026 | SKY LINK TIMES
Wipro Q4 Results 2026:
Wipro on Thursday reported a 1.89 per cent year-on-year (YoY) decline in its consolidated net profit for the fourth quarter of FY26, even as the company announced a massive ₹15,000 crore share buyback plan, signaling confidence in its long-term growth strategy.
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Profit Declines, But Sequential Growth Strong
The IT major posted a net profit of ₹3,501.8 crore for Q4 FY26, compared to ₹3,569.6 crore in the same quarter last year. However, on a sequential basis, profit rose by 12.27 per cent, indicating improving operational performance.
Earnings per share (EPS) stood at ₹3.34, registering a 12.1 per cent increase quarter-on-quarter, though it declined 2.1 per cent compared to the previous year.
Revenue Shows Positive Momentum
Wipro’s revenue from operations grew 7.69 per cent YoY to ₹24,236.3 crore in the March quarter, up from ₹22,504.2 crore a year earlier. Sequentially, revenue increased by 2.88 per cent, reflecting steady demand for its IT services.
₹15,000 Crore Buyback Announcement
In a significant move, Wipro’s board approved a share buyback worth up to ₹15,000 crore. The company plans to repurchase up to 60 crore equity shares, representing about 5.7 per cent of its total paid-up capital, at a price of ₹250 per share.
The buyback, subject to shareholder approval, is expected to enhance shareholder value and improve earnings per share.
Future Outlook and Guidance
Looking ahead, Wipro expects revenue from its IT Services segment to range between $2,597 million and $2,651 million for the June 2026 quarter. This translates to a sequential growth outlook of -2.0 per cent to 0 per cent in constant currency terms, indicating a cautious near-term outlook.
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Focus on AI-Driven Growth
Commenting on the results, CEO and Managing Director Srini Pallia highlighted the growing role of artificial intelligence in shaping client priorities. He stated that the company is pivoting towards a services-as-software model through its AI Native Business & Platforms unit.
Chief Financial Officer Aparna Iyer added that Wipro continues to invest in clients, capabilities, and talent while maintaining stable margins. She also noted that the company has returned a substantial portion of its cash to shareholders through dividends during the year.
Strategic Shift Amid Market Changes
Wipro’s latest results reflect a mixed performance, with modest profit decline offset by revenue growth and a strong buyback announcement. The company’s increased focus on AI and digital transformation signals its intent to stay competitive in a rapidly evolving IT landscape.
As global demand patterns shift and technology adoption accelerates, Wipro’s strategy will be closely watched by investors and industry observers alike.
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