Wipro Ltd

Wipro FY2026 Results: ₹928B Revenue, ₹15,000 Cr Buyback Approved 📊

- Wipro Limited reported consolidated revenue of ₹242,688 million for Q4 March 31, 2026, and ₹928,093 million for the full year ended March 31, 2026.

- Profit before tax was ₹46,676 million for Q4 and ₹173,422 million for the full year.

- Profit for the period was ₹35,216 million in Q4 and ₹132,655 million for the full year.

- Employee benefits expense increased to ₹143,408 million in Q4 and ₹555,855 million for the full year, including impacts from new labor code implementation.

- Other expenses were net of an insurance claim of ₹1,805 million for the year ended March 31, 2025.

- Gain on sale of property, plant and equipment included ₹405 million for building transfer in FY2026 and ₹885 million for leasehold rights and asset transfers in FY2025.

- Wipro has numerous subsidiaries worldwide, including Attune Consulting India (100% owned), Leapco Technologies (100% owned), and Wipro Chengdu Limited (8.96% owned in China).

- Segment revenue: IT Services contributed ₹240,167 million in Q4 (Americas 1: ₹79,844 million, Americas 2: ₹67,288 million, Europe: ₹65,412 million, APMEA: ₹27,623 million) and IT Products contributed ₹2,521 million.

- Restructuring costs were ₹2,629 million in Q3 December 2025 and ₹5,139 million for the full year ended March 31, 2026.

- Impairment charges on intangible assets were ₹841 million in Q3 December 2025 and ₹851 million for the full year ended March 31, 2026.

- A bonus share issue in the ratio 1:1 was completed in FY2025, transferring ₹10,467 million to share capital.

- Post-reporting period events: Signed agreements to acquire Mindsprint for USD 375 million and Alpha Net Consulting contracts for USD 70.8 million, and approved a share buyback of up to 600 million shares at ₹250 per share.

- Cash and cash equivalents stood at ₹105,555 million as of March 31, 2026, compared to ₹121,974 million the previous year.

- Auditors Deloitte Haskins & Sells LLP provided an unqualified opinion on the consolidated financial results.

- Wipro Limited's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.

- Re-appointment of Ms. Tulsi Naidu as Independent Director for a second term of 5 years, effective July 1, 2026, subject to shareholder approval.

- Approval of a share buyback proposal for up to 60 crore equity shares (5.7% of total equity) at ₹250 per share, totaling ₹15,000 crore.

- Consolidated revenue for the year ended March 31, 2026, was ₹926,240 million, with a net profit of ₹132,655 million.

- Standalone revenue for the year ended March 31, 2026, was ₹713,451 million, with a net profit of ₹121,296 million.

- Earnings per share (EPS) for consolidated results were ₹12.60 (basic) and ₹12.56 (diluted) for the year.

- The buyback is subject to shareholder approval via postal ballot and will be executed through a tender offer route.

- Auditors Deloitte Haskins & Sells LLP issued unmodified opinions on both standalone and consolidated financial results.

- The Board meeting was held from April 15-16, 2026, with final approvals concluded on April 16, 2026.