Debasis Mohapatra
Bengaluru, 16 April 2026
IT major Wipro posted sound deal pipeline for the fourth quarter though revenue growth remained tepid during this period.
Wipro posted a consolidated net profit of Rs 3,501.8 crore in March quarter, down 1.9% cent on year-on-year basis. Its Q4FY26 gross revenue came at Rs 24,240 crore, an increase of 7.7% over the same period of last year.
IT services revenue, which constitutes majority of its gross revenue, was at $2.65 billion, an increase of 0.6% over the previous quarter. Operating margin in Q4FY26 was at 17.3%, a decline of 30 basis points over the previous quarter.
For the whole fiscal, IT services revenue was at $10.47 billion, down 0.3% over the previous fiscal. Operating margin of the company for FY26 came at 17.2%, an increase of 20 basis points over the previous fiscal year.
Vertical-wise growth:
| Vertical | % contribution to revenue | QoQ Rise / Fall |
| Banking, Financial Services and Insurance | 34.1% | -1.3% |
| Consumer | 18.4% | 1.7% |
| Energy, Manufacturing and Resources | 17% | 1.1% |
| Technology and Communications | 16% | 5.3% |
| Health | 14.5% | -4.4% |
Client Metrics:
| Client | FY26 (Number of clients) | FY25 |
| More than $100 million | 16 | 17 |
| More than $75 million | 29 | 28 |
| More than $50 million | 45 | 44 |
| More than $20 million | 106 | 111 |
| More than $10 million | 183 | 181 |
Rs 15,000 crore buyback:
Wipro announced its largest-ever share buyback proposal worth Rs 15,000 crore on Thursday. The company will purchase shares of Wipro at Rs 250 per share, which is a premium of 19% over Thursday’s closing price of Rs 210.
