Wipro Shares Fall Ahead Of Q4 Earnings As Street Expects Muted Net Profit

Wipro Ltd. shares were trading lower ahead of the March quarter results scheduled later in the day.

The company is expected to clock in a net profit of Rs 3,364 crore, as per Bloomberg consensus estimates. In comparison, the company reported a profit of Rs 3,354 crore in the preceding quarter. Analysts also estimate the revenue to come in at Rs 22,684 crore, 1.6% higher than Rs 22,319 crore reported by the IT major in the previous quarter.

The earnings before interest and taxes, or EBIT is also projected to see a slight uptick of 1.8%, estimated at Rs 3,923 crore. This is compared to the Rs 3,856 crore recorded in the third quarter of financial year 2025.

The margin is expected to remain flat, showing a marginal increase from 17.31% to 17.29%, according to Bloomberg.

Amid volatility in the global markets discretionary spending trends, commentary on realignment of service line, effect of global macros and deal pipeline conversion outlook are some of the key points to watch out for on Wednesday.

Shares of Wipro fell as much as 1.15% to Rs 241.20 apiece, the lowest level since April 11. It pared losses to trade 0.60% lower at Rs 243.40 apiece, as of 9:31 a.m. This compares to a 0.02% advance in the NSE Nifty 50.

The stock has risen 9.49% in the last 12 months and fallen 18.23% year-to-date. The relative strength index was at 36.

Out of 45 analysts tracking the company, 12 maintain a 'buy' rating, 15 recommend a 'hold', and 18 suggest 'sell', according to Bloomberg data. The average 12-month analysts' consensus price target implies an upside of 13%.