Wipro Limited Reports FY26 Results: Annual Revenue Crosses ₹926 Billion

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, has announced its audited consolidated financial results for the quarter and year ended March 31, 2026. The company reported steady growth in its annual revenue and maintained resilient profitability despite global macroeconomic fluctuations.

Full-Year FY26 Financial Highlights

Wipro demonstrated consistent top-line growth and a strong balance sheet for the fiscal year:

Revenue from Operations: Grew to ₹926,240 million (₹92,624 crore), up from ₹890,884 million in FY25.

Total Income: Stood at ₹964,977 million for the full year.

Net Profit (PAT): Reported at ₹132,655 million (₹13,265 crore), staying stable compared to ₹132,180 million in the previous year.

Total Comprehensive Income: Saw a significant jump to ₹168,177 million, largely aided by favorable foreign currency translation differences.

Earnings Per Share (EPS): Basic EPS for the year stood at ₹12.60, up slightly from ₹12.56 in FY25.

Quarterly Analysis (Q4 FY26)

The quarter ended March 31, 2026, showed a healthy sequential recovery:

Quarterly Revenue: Stood at ₹242,363 million, a 2.9% sequential growth over the December 2025 quarter (₹235,558 million).

Net Profit: Reported at ₹35,216 million for the quarter, up from ₹31,450 million in the preceding quarter.

Operating Margins: Profit Before Tax (PBT) for the quarter was ₹46,676 million.

Key Cost Components and Operational Metrics

Wipro continued its focus on talent and technology infrastructure:

Employee Benefits: Remains the largest expense, totaling ₹555,855 million for the year.

Sub-contracting Fees: Stood at ₹107,668 million for the year as the company optimized its delivery model.

Software Licenses: Internal use license expenses rose to ₹21,720 million, reflecting ongoing digital transformation efforts.

Reserves: The company's financial position remains robust with Reserves (excluding revaluation) at ₹859,206 million.

Strategic Outlook

Wipro continues to invest in AI-led solutions and cloud transformation. While employee costs and sub-contracting fees saw an upward trend, the company's ability to drive top-line growth in a competitive environment underscores its operational resilience. The management remains focused on high-margin segments and strategic partnerships to drive the next phase of growth.

Srini Pallia, CEO and Managing Director, said "Advancements in AI are reshaping client priorities and creating new opportunities for us to partner more deeply to deliver value-driven outcomes. To strengthen our position in an AI-first world, we are pivoting to a services-as-a-software model through the AI Native Business & Platforms unit. Our strategic deal with the Olam Group further reflects the decisive investments we are making to capture opportunities at scale."

Aparna Iyer, Chief Financial Officer, said "We have continued to invest in our clients, capabilities and people and maintained our margins in narrow band. Our cash conversion continues to remain strong with operating cash flows at 112.6% of net income for FY'26. During the year we have returned substantial portion of our cash generated to shareholders in the form of dividend. Additionally, in our recently concluded board meeting, the Board of Directors announced buyback of ₹15,000 Cr at a price of ₹250, subject to shareholder approval."

Shares of Wipro Limited was last trading in BSE at Rs. 209.80 as compared to the previous close of Rs. 203.00. The total number of shares traded during the day was 1908106 in over 22459 trades.

The stock hit an intraday high of Rs. 210.35 and intraday low of 205.05. The net turnover during the day was Rs. 397402905.00.

Source : Equity Bulls

Keywords

Wipro INE075A01022 WIT Q4FY26 Q4FY2026 FY26 FY2026 ResultUpdate