Wipro shares dropped 6.2 per cent in early trading on Thursday, hitting an intraday low of ₹232.15 on the NSE despite IT services giant posted a net profit of ₹3,570 crore for the March 2025 quarter—a 26% increase from ₹2,835 crore in the same quarter last year—surpassing market expectations of ₹3,290 crore.
Wipro's operating revenue grew by 1 per cent year-on-year, reaching ₹22,504 crore, up from ₹22,208 crore in the corresponding quarter last year.
Meanwhile, revenue from the IT services segment came in at $2,596.5 million, marking a decline of 1.2% on a quarterly basis and 2.3% year-on-year. In constant currency terms, the revenue saw a drop of 0.8% quarter-on-quarter and 1.2% year-on-year.
On a sequential basis, profit after tax rose by 6%, increasing from ₹3,354 crore reported in the December quarter.
“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,” said Srini Pallia, CEO and MD of Wipro.
Analysts have mixed reviews for Wipro's fourth quarter results, reflecting both challenges and strengths.
“The company made good profits and landed some big deals, which is a positive sign. However, its revenue has gone down, and the company expects slower growth in the near future. This could mean some challenges ahead. Investors should keep an eye on how Wipro performs in the coming months to see how well it handles the current tough market conditions,” said Seema Srivastava, Senior Research Analyst at SMC Global Securities.
Slapping a sell tag to Wipro shares, Sumeet Bagadia, Executive Director at Choice Broking, said, “Wipro share price is looking weak at the technical chart after the announcement of Q4 results 2025. The stock is facing a hurdle at ₹248 apiece and can go down to ₹210 per share. I recommend a sell-on-rise strategy ahead after the Q4FY25 results announcement for ₹220 to ₹210 target. However, one must maintain stop loss at ₹248 while taking any short position in Wipro shares.”
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.