Wipro has reported a remarkable surge in large deal bookings, showcasing a 48.5% increase year-on-year for the fourth quarter of FY25, amounting to $1,763 million when adjusted for constant currency. The total bookings for the quarter, which ended on March 31, 2025, reached an impressive $3,955 million, reflecting a 13.4% sequential growth. This demonstrates Wipro’s solid performance in securing significant contracts.

Significant Growth in Large Deals

For the financial year 2024-25, Wipro’s large deal bookings rose by 17.5% compared to the previous year. This growth is a testament to the company’s ability to attract substantial projects, enhancing its market position.

Srini Pallia, the CEO and Managing Director of Wipro, highlighted this success, stating, "We concluded FY25 with two substantial deal wins, an uptick in large deal bookings, and notable improvements in our key accounts. Our client satisfaction ratings have also shown positive trends, reflecting our commitment to strong execution and client engagement."

Revenue Forecast and IT Services Segment

Looking ahead, Wipro’s management has set a revenue forecast for its IT services segment between $2,505 million and $2,557 million, indicating a sequential guidance of a decline of -3.5% to -1.5% in constant currency terms. This cautious outlook emphasizes the company’s focus on maintaining stability amid market fluctuations.

In the latest quarter, the IT services revenue dipped 1.2% quarter-on-quarter to $2,596.5 million, while it saw a 2.3% decline year-on-year. However, the operating margin for this segment remained steady at 17.5%, showing a year-on-year increase of 1.1%.

Strong Financial Performance

Wipro’s consolidated net profit soared by 26%, reaching Rs 3,569.6 crore for the quarter ending March of the previous fiscal year. The company’s consolidated revenue from operations for Q4FY25 remained stable at Rs 22,504.20 crore, with the operating margins expanding by 110 basis points year-on-year.

In a press release, Wipro reiterated its revenue guidance, stating, "We anticipate our IT Services revenue to fall within the range of $2,505 million to $2,557 million, which translates to a sequential decline of (-)3.5% to (-)1.5% in constant currency."

Stock Market Reaction

Ahead of the results announcement, Wipro’s shares climbed 1.48%, closing at Rs 247.60 on the National Stock Exchange. This upward movement reflects investor confidence in the company’s strategic direction and performance outlook.

Wipro continues to navigate the competitive landscape with resilience, focusing on enhancing client relationships and leveraging its operational strengths. For more details on their financial performance, check out our coverage of the latest earnings report.