Wipro Q4 Preview: Profit, Revenue Growth Likely To Be Muted; Margins Expected Flat
Wipro is set to announce its fourth quarter results on Wednesday, nearly a week after domestic rival TCS. Here's a look at what to expect.

Wipro Ltd.’s net profit is likely to have grown fractionally in the quarter ended March 31, 2025, amid sectoral headwinds and delay in discretionary spending, according to the estimates.
In terms of topline, a sequential uptick of only 2% is expected in the fourth quarter, as per a consensus estimate of analysts tracked by news agency Bloomberg.
The information technology major is scheduled to declare its financial results on Wednesday, April 16, nearly a week after domestic rival Tata Consultancy Services posted its quarterly and yearly results.
Wipro Q4 Preview (Consolidated, QoQ)
Profit seen marginally higher at Rs 3,364 crore versus Rs 3,354 crore.
Revenue seen 2% higher at Rs 22,684 crore versus Rs 22,319 crore.
EBIT seen 2% higher at Rs 3,923 crore versus Rs 3,864 crore.
Margin seen at 17.29% versus 17.31%
Brokerage View
Nuvama expects a degrowth in IT services' revenue of 0.4% on sequential basis, in constant currency terms, and a 1% contraction in dollar terms. “Margins are likely to largely remain flat QoQ. We expect Wipro to give -1% to +1% CC QoQ revenue growth guidance for Q1FY26,” it noted.
Deven Choksey Research anticipates flat sequential revenue growth, driven by BFSI and healthcare vertical. The gains are expected to be partially offset by weakness in technology and communications business.
Similarly, Citi Research projects flat revenue growth sequentially in constant currency terms with 30 basis points cross currency impact. Wipro’s IT services margins are expected to see some decline sequentially, as per the financial services firm. The large deal and overall order book though are likely to be better sequentially on the back of the recent Phoenix Insurance deal, it pointed out.
Kotak Institutional Equities attributes the deterioration in demand to a revenue decline of 0.5% sequentially in constant currency terms. The EBIT margin is likely to remain stable with benefit from rupee depreciation, offset by lack of operating leverage and revenue decline. The brokerage expects revenue guidance in the range of -0.5% to +1.5% for June 2025 quarter.
Key Things To Watch
Discretionary spending trends
Commentary on realignment of service line
Effect of global macros amid tariff wars
Deal pipeline conversion outlook