New Delhi: Wipro shares will be in focus on April 17, 2025, i.e. Thursday as India’s fourth-largest IT company declared its Q4 Results of 2024-25 in which it recorded a 25.9 per cent increase in consolidated net profit to Rs 3,569.6 crore. Shares of Wipro closed 1.4 per cent higher at Rs 247.50 apiece on the BSE on Wednesday.
Wipro had posted a profit (attributable to equity holders of the company) of Rs 2,834.6 crore in the last quarter of 2023-24. The revenues for the March quarter of FY25 stood at Rs 22,504.2 crore, as compared to Rs 22,208.3 crore in the January-March quarter of FY24.
The Bengaluru-headquartered firm’s profit and revenue surged 6.43 per cent and 0.83 per cent, respectively.
Giving estimates of Q1 FY26, the IT giant expects its revenue from the IT services business to be in the range of USD 2,505 million to USD 2,557 million, a drop of 1.5-3.5 per cent in constant currency terms on a sequential basis.
“As clients remain cautious in the face of macroeconomic uncertainty, we’re focused on partnering closely with them while staying committed to consistent and profitable growth,” Wipro CEO and MD Srini Pallia said.
Wipro Q4 2024-25 Results mentioned that company’s PAT increased 26 per cent to Rs 3,569.6 crore, while the firm expects up to 3.5 per cent drop in IT services revenue for Q1 FY26. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
