Wipro, a leading player in the information technology sector, is gearing up to unveil its financial performance for the fourth quarter of FY25. Following TCS’s earlier announcement of its quarterly results, investors are keenly awaiting Wipro’s insights. Here’s what you need to know before the earnings report drops.
Revenue Projections Under Scrutiny
Analysts are anticipating that Wipro may experience only a slight or flat growth in its operational revenue for the last quarter of the financial year 2024-25. This slowdown is attributed to ongoing challenges in vital sectors like manufacturing and energy. Observers believe that the upcoming earnings report will shed light on discretionary spending trends within the tech industry. According to Nuvama Institutional Equities, revenue growth is expected to fall between 1.3% and 2.5%.
Cautious Outlook for Q1 FY26
As Wipro prepares for the June quarter, experts predict a careful approach amid the prevailing global economic uncertainties. Most brokerage firms are forecasting a constant currency growth rate ranging from -1% to 1% for the first quarter of FY26, echoing the trends observed in the preceding quarter.
Recap of Q3 Performance
In its previous quarterly report, Wipro posted a remarkable 24.66% year-on-year increase in net profits, reaching ₹3,366.70 crore for Q3 FY25. The company also noted a slight uptick in revenue, amounting to ₹22,318.80 crore. Notably, Wipro had declared an interim dividend of ₹6 per equity share for the previous quarter but has yet to announce any dividend for Q4 FY25. The firm has projected its revenue guidance for IT services to be between -1% and 1% in constant currency terms.
Wipro’s Stock Trends
Wipro’s stock has faced challenges, with a 7.5% decline recorded from January to March 2025. Additionally, the stock has dipped 1% over the last five trading sessions, resulting in a 6.7% loss in investor wealth over the past month and more than 8% over the last six months. However, looking back over the last year, Wipro’s shares have managed to yield nearly 9% returns.
As Wipro prepares to disclose its quarterly results, all eyes will be on how the company navigates the current economic landscape and responds to the challenges ahead.