{"id":1092,"date":"2026-04-17T17:14:41","date_gmt":"2026-04-17T11:44:41","guid":{"rendered":"https:\/\/www.bullscreen.in\/news\/?p=1092"},"modified":"2026-04-17T17:14:41","modified_gmt":"2026-04-17T11:44:41","slug":"wipro-q4-results-2026-profit-rises-12-but-weak-outlook-raises-concerns","status":"publish","type":"post","link":"https:\/\/www.bullscreen.in\/news\/wipro-q4-results-2026-profit-rises-12-but-weak-outlook-raises-concerns\/","title":{"rendered":"Wipro Q4 Results 2026: Profit Rises 12%, But Weak Outlook Raises Concerns"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.bullscreen.in\/company\/WIPRO\" target=\"_blank\" rel=\"noopener\" title=\"\">Wipro Limited<\/a> reported a mixed set of numbers in its Q4 results 2026, with a strong sequential recovery in profit and a sharp rise in large deal bookings, even as year-on-year performance and near-term guidance signaled caution.<\/p>\n\n\n\n<p>For the quarter ended March 31, 2026, the company posted gross revenue of \u20b9242.4 billion ($2.58 billion), marking a 2.9% quarter-on-quarter (QoQ) increase and a 7.7% rise year-on-year (YoY). IT services revenue came in at $2.65 billion, growing a modest 0.6% sequentially and 2.1% annually, indicating a slow recovery in core operations.<\/p>\n\n\n\n<p>Net income stood at \u20b935 billion, up 12.3% QoQ, but declined 1.9% compared to the same period last year. Earnings per share (EPS) rose to \u20b93.34, reflecting a 12.1% sequential improvement. However, margins remained under pressure, with <a href=\"https:\/\/www.bullscreen.in\/sectors\/it-software\" target=\"_blank\" rel=\"noopener\" title=\"\">IT services<\/a> operating margin at 17.3%, slightly down both sequentially and YoY.<\/p>\n\n\n\n<p>A key highlight of Wipro\u2019s Q4 results 2026 was the surge in large deal bookings. The company secured deals worth $1.44 billion during the quarter, up 65.1% QoQ in constant currency terms. This included a major 8-year contract with <a href=\"https:\/\/www.olamgroup.com\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Olam Group<\/a> valued at over $800 million, underlining strong client confidence despite a challenging macro environment.<\/p>\n\n\n\n<p>For the full financial year, total bookings reached $16.4 billion, registering a healthy 14% YoY growth. However, slower conversion of deals into revenue continues to impact near-term growth visibility.<\/p>\n\n\n\n<p>On shareholder returns, Wipro announced a \u20b915,000 crore share buyback at \u20b9250 per share, offering a premium of nearly 19% over the prevailing market price before the announcement. The company also declared a total dividend of \u20b911 per share for FY26, reinforcing its capital return strategy.<\/p>\n\n\n\n<p>Strategically, Wipro is accelerating its shift towards an \u201cAI-first\u201d approach. CEO Srini Pallia highlighted the company\u2019s focus on a \u201cservices-as-a-software\u201d model, supported by investments in its AI-native platforms such as Wipro Intelligence\u2122. These initiatives aim to drive automation, improve efficiency, and expand capabilities in sectors like healthcare and life sciences.<\/p>\n\n\n\n<p>Despite these positives, the company\u2019s forward guidance dampened sentiment. For Q1 FY27, Wipro expects IT services revenue in the range of $2.60 billion to $2.65 billion, implying a sequential decline of up to 2% in constant currency terms. The cautious outlook reflects ongoing weakness in discretionary spending and specific client-related headwinds, particularly in the Americas.<\/p>\n\n\n\n<p>Overall, Wipro\u2019s Q4 results 2026 indicate a company navigating a transition phase. While strong deal wins, improving profitability, and aggressive shareholder returns are positive signals, the subdued near-term outlook suggests that a sustained recovery in the <a href=\"https:\/\/www.bullscreen.in\/sectors\/information-technology\" target=\"_blank\" rel=\"noopener\" title=\"\">IT sector<\/a> may take more time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wipro Limited reported a mixed set of numbers in its Q4 results 2026, with a&#8230;<\/p>\n","protected":false},"author":2,"featured_media":1095,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[221],"class_list":["post-1092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-information-technology","tag-wipro"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/1092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/comments?post=1092"}],"version-history":[{"count":2,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/1092\/revisions"}],"predecessor-version":[{"id":1094,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/1092\/revisions\/1094"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/media\/1095"}],"wp:attachment":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/media?parent=1092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/categories?post=1092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/tags?post=1092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}