Wipro Share Price Declines Over 6% Following Q4 FY25 Earnings

Market Performance

Wipro's share price fell by 6.2% during early Thursday trading, reaching an intraday low of ₹232.15 on the National Stock Exchange (NSE).

Quarterly Financial Highlights

Wipro released its financial results for the quarter ending March 2025. While net profits increased significantly, the company's IT services revenue declined.

Revenue

Wipro recorded a revenue of ₹22,504 crore in Q4 FY25, marking a 1% year-on-year rise from ₹22,208 crore reported in the same quarter of the previous year.

IT Services Segment Revenue

The revenue from Wipro's IT services segment stood at $2,596.5 million during the quarter. This reflects a decline of 1.2% every quarter and 2.3% compared to the same quarter last year. In constant currency, the revenue dropped by 0.8% quarter-on-quarter and 1.2% year-on-year.

Net Profits

Wipro reported a net profit of ₹3,570 crore for Q4 FY25, marking a 26% increase from ₹2,835 crore in the same quarter last year. On a sequential basis, net profit increased by 6% compared to ₹3,354 crore reported in the December 2024 quarter.

Operational Highlights

During the fiscal year, Wipro secured two major contracts and noted an increase in large deal bookings. The company also reported improved client satisfaction and growth in its top accounts.

Company Overview

Srini Pallia, Wipro's Chief Executive Officer and Managing Director stated that the company concluded the fiscal year with strong execution and enhanced client engagement, which contributed to positive business outcomes.

Summary

Although Wipro reported a substantial increase in net profits and landed significant deals, the overall revenue growth remained limited, and the IT services segment declined. Following the announcement of the Q4 FY25 results, Wipro's share price fell sharply during the day's trading session.