Wipro Ltd, a leading player in India’s IT sector, is gearing up for its board meeting on April 16 and 17, 2025, where it will unveil its financial results for the January to March quarter of the fiscal year 2024-25. As the anticipation builds, Wipro’s Board of Directors is expected to approve the results on the evening of April 16.

Market Performance Ahead of Results

In a promising sign, Wipro’s shares closed at ₹244.10, reflecting a 1.79% increase from the previous day. This marks a rise from ₹239.80 during the same quarter last year. However, it’s important to note that the company is not projected to announce any significant corporate actions, such as dividend distributions or stock splits, before the results are disclosed.

Brokerage Insights on Wipro’s Q4 Performance

Leading brokerage firms have shared their forecasts regarding Wipro’s upcoming results, with varying expectations:

• JM Financial Institutional Securities anticipates a modest growth for large-cap IT firms, projecting a sequential growth of (-1.4%) to 0.2% in constant currency terms. They expect Wipro’s net income to surge 21% year-over-year to ₹3,484.9 crore, along with a revenue increase of 2.6% to ₹22,776.1 crore.

• Kotak Institutional Equities warns of declining demand impacting revenues, predicting a 0.5% decrease in constant currency, fitting within the expected guidance range. Their forecast estimates Wipro’s net profits at ₹3,410.9 crore for this quarter, with first-quarter guidance for fiscal 2025-26 set between (-0.5%) to +1.5%.

• Motilal Oswal Financial Services predicts Wipro’s revenue will remain flat, estimating margins to stay around 17% to 17.5%. They highlight potential softness in sectors like energy and manufacturing, while maintaining a Sell rating on the stock.

• Elara Capital forecasts a 2.2% decline in net profits on a quarter-over-quarter basis, estimating profits at ₹3,280.3 crore. They cite seasonality and an uncertain demand environment as key challenges, predicting a slight dip in margins.

Conclusion

As Wipro approaches its results announcement, analysts remain cautious, reflecting concerns about the broader economic context and its impact on the IT sector. Investors are advised to keep a close eye on these developments, as the company’s performance may provide significant insights into the future trajectory of the IT market in India.

For further updates on Wipro’s financial outlook and market trends, stay tuned to our latest news.