Wipro Reports Q4 FY26 Results: Net Profit Declines While Revenue Grows
Wipro Q4 results: Net profit falls 1.8% to ₹3,501.8 crore, revenue up 7.6%
Business Standard
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Wipro's consolidated net profit for Q4 FY26 fell by 1.89% to ₹3,501.8 crore compared to the previous year, while revenue increased by 7.6% to ₹24,236.3 crore. The company aims to adapt to AI advancements with a new services-as-software model.
- 01Wipro's Q4 FY26 net profit decreased by 1.89% year-on-year.
- 02Revenue from operations rose by 7.6% in the same quarter.
- 03Compared to the previous quarter, profit increased by 12.2%.
- 04The company recorded a full fiscal year net profit of ₹13,197.4 crore.
- 05Wipro is pivoting towards an AI-focused business model.
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Wipro Limited, an Indian IT services company, reported a 1.89% decline in consolidated net profit for the March quarter of FY26, amounting to ₹3,501.8 crore compared to ₹3,569.6 crore in the same period last year. However, the company's revenue from operations grew by 7.6% to ₹24,236.3 crore. Compared to the previous quarter ending December 2025, Wipro saw a 12.2% increase in profit and a 2.8% rise in revenue. For the entire fiscal year 2025-26, Wipro's net profit reached ₹13,197.4 crore, a slight increase of 0.47% from the previous fiscal year, while total revenue was ₹92,624 crore, up by 3.96%. Wipro's CEO, Srini Pallia, emphasized the impact of advancements in artificial intelligence on client priorities and the company's strategy to adopt a services-as-software model through its AI Native Business & Platforms unit. Following the announcement of these results, Wipro's shares rose by 0.19%, closing at ₹210.20 on the Bombay Stock Exchange (BSE).
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Wipro's financial performance may affect its employees and stakeholders, as a decline in profit could influence hiring and investment decisions.
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