Wipro posts nearly 2% decline in Q4 net profit; announces biggest ever ₹15,000 crore share buyback
Wipro CEO and MD Srini Pallia described during the earnings call as the “new normal” marked by geopolitical and policy disruptions, though he noted that overall IT spending has shown resilience. File.
| Photo Credit: Reuters
Wipro Ltd, Azim Premji-promoted IT firm based in Bengaluru on Thursday (April 16, 2026) posted a fourth quarter net profit of ₹3,502 crore, a nearly 2% decline compared to ₹3,570 crore in the corresponding period a year ago. On a sequential basis, the company reported a 12% jump in its net profit to ₹3,502 crore, compared to ₹3,119 crore in the third quarter of FY26.
The March ended quarter saw Wipro’s revenue rising at 8% to ₹24,236 crore compared to ₹22,504 crore in the corresponding period a year ago. IT services segment revenue during the quarter was at $2,651.0 million, an increase of 0.6% QoQ and 2.1% YoY.
Published – April 16, 2026 07:03 pm IST
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