Wipro, a major player in the IT sector, is set to unveil its Q4 FY25 results on April 16, and analysts are anticipating a lackluster performance amid ongoing challenges in key markets. This announcement comes as Wipro faces continued pressure from various sectors, notably Energy, Manufacturing, and Resources.
When Will Wipro Release Its Results?
The financial results for the fourth quarter will be shared after the stock market closes on April 16. Following the announcement, Wipro’s senior management will engage with investors in a conference call scheduled for 7:00 PM that same evening, to elaborate on the company’s performance and address any questions.
Expectations for Wipro’s Q4 FY25 Results
Research from Motilal Oswal Financial Services indicates that Wipro’s revenue for this quarter may demonstrate minimal growth due to persistent weaknesses in several sectors, particularly in Europe and the APMEA regions (Asia Pacific, Middle East, and Africa). However, there may be slight improvements in the BFSI (Banking, Financial Services, and Insurance) and Healthcare sectors.
- Nomura predicts a 0.4% decline in revenue quarter-over-quarter.
- Conversely, ICICI Securities foresees a modest 0.8% increase in constant currency terms, driven by growth in BFSI and healthcare.
- Nuvama expects a -0.4% drop in IT Services revenue in constant currency, while margins are anticipated to remain stable.
- Kotak Equities highlights the £500 million Phoenix mega-deal, suggesting a significant Total Contract Value (TCV) between $1.6 billion and $1.8 billion.
Will Wipro Announce a Dividend?
While Wipro’s board will evaluate the financial results for the quarter ending March 31, there has been no official word on whether a final dividend will be declared alongside the quarterly results.
Recap of Wipro’s Q3 Performance
During the previous quarter, Wipro experienced a 24.66% year-over-year increase in profits, totaling Rs 3,366.70 crore. Revenue from operations reached Rs 22,318.80 crore, and the company declared an interim dividend of Rs 6 per share. The IT Products segment reported revenue of Rs 70 crore with earnings of Rs 3 crore.
In the last earnings call, Wipro had indicated that it expected revenue from its IT Services segment to range between $2,602 million and $2,655 million for Q4 FY25, with guidance suggesting a potential -1.0% to +1.0% change in constant currency.
Wipro’s Stock Performance
Wipro shares have faced a downward trend in Q4, falling by 11.1% over the last six months. As of April 15, Wipro’s stock closed at Rs 244.40. Although this is an improvement from its 52-week low of Rs 208.50, it still lags behind its peak of Rs 324.60.
Industry Insights: TCS Results
Last week, Tata Consultancy Services (TCS) began the earnings season, reporting a 1.69% decline in profits, totaling Rs 12,224 crore, compared to Rs 12,434 crore in the same quarter last year. TCS also reported a 5.29% increase in revenue from operations, reaching Rs 64,479 crore, and proposed a final dividend of Rs 30 per share, pending approval at their upcoming AGM.
Stay tuned for live updates on Wipro’s Q4 results on Financial Express.com starting at 10 AM tomorrow.