Wipro shares slide 6% on weak revenue guidance for Q1, management commentary

At the time of writing this article, the stock was trading at ₹234, down 5.45% on the BSE.

The company, as per the press release, reported a gross revenue of ₹22,500 crore ($2,634.2 million), an increase of 0.8% QoQ and 1.3% YoY.

The company's IT services segment revenue came in at $2,596.5 million, a decrease of 1.2% QoQ and 2.3% YoY. In constant currency terms, the IT Services segment revenue decreased 0.8% QoQ and 1.2% YoY.

During the Q3 results announcement, Wipro had guided for revenue from the IT services business in the range of $2,602 million to $2,655 million, which translates into a sequential guidance of a decline of 1% to 1% growth.

For the June 2026 quarter, the company expects revenue from its IT Services business segment to be in the range of $2,505 million to $2,557 million. This translates to sequential guidance of (-)3.5% to (-)1.5% in constant currency terms.

Net income or profit for the quarter came in at ₹3,570 crore ($417.8 million), an increase of 6.4% QoQ and 25.9% YoY.

IT services operating margin for Q4 25 was at 17.5%, flat QoQ and an expansion of 1.1% YoY, the company added.

Commenting on the results, Srini Pallia, CEO and Managing Director, said, “We closed FY25 with two mega deal wins, an increase in large deal bookings, and growth in our top accounts. Client satisfaction scores improved, reflecting strong execution and engagement."

In a presser after the Q4 results announcement, Wipro's CEO added that the recent tariff announcements have created uncertainty for its clients.