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Wipro Q4 Results: Profit falls 2% YoY to Rs 3,502 crore; revenue rises 8%

Wipro Q4 Results: Wipro's net profit dipped 2% to Rs 3,502 crore in the March quarter, despite an 8% revenue increase to Rs 24,236 crore. The IT services segment saw sluggish growth, with revenue up only 0.6% sequentially. The company announced a significant Rs 15,000 crore share buyback, signaling confidence amidst cost pressures and declining operating margins.

Wipro share buyback: IT major announces Rs 15,000 crore offer at 19% premium. Key things to know

Wipro share buyback: IT services giant Wipro announced a significant Rs 15,000 crore share buyback at Rs 250 per share, a 19% premium over the last closing price. This marks the company's first buyback in over three years, involving up to 60 crore shares, representing 5.7% of its paid-up capital. Promoters have indicated their intention to participate in the tender route buyback.

Wipro set to announce buyback today: What to expect

Wipro shares are in focus today as the IT giant prepares to unveil its January-March quarter results for FY26, alongside its first share buyback in over five years. Analysts anticipate steady revenue but a dip in profitability due to wage hikes and acquisition costs. Investors will be watching for details on the buyback and the company's outlook for FY27.

Wipro Share Price Highlights: Wipro Stock Price History

Stocks to watch: Wipro, HDFC AMC, GMR Airports among 10 shares in focus today - Mint

Stocks to watch: Wipro, HDFC AMC, GMR Airports among 10 shares in focus todayMint

Share buybacks this month: Wipro, Aurobindo Pharma, 2 other stocks to watch out for

Four companies—Wipro, Cyient, Windlas Biotech, and Aurobindo Pharma—are set to announce or act on share buybacks this month, with Aurobindo’s record date due soon. Buybacks involve companies repurchasing shares to boost value, use surplus cash, or strengthen ownership. Meanwhile, new rules under the Finance Bill 2026 impose a 12% surcharge on buyback-related capital gains for promoters, while other investors remain taxed as per existing norms.

Wipro to buy select contracts from California IT firm Alpha Net for $71 million to enhance AI, consulting services

The deals aim to enhance Wipro's AI-driven services and are expected to boost annual revenue by $173.3 million amid macroeconomic uncertainties.

Wipro Q4 Preview: Profit may fall on margin pressures. Is buyback the only thing to cheer?

Wipro is expected to report steady revenue growth but weaker profitability in the March quarter, impacted by wage hikes, acquisition-related costs and subdued discretionary spending. Sequential growth remains muted despite acquisition support, while BFSI shows resilience, and healthcare remains weak. Investors will closely track margins, deal pipeline and AI outlook.

Nifty IT rebounds 8% from April lows; all eyes on Wipro results for next trigger

According to analysis by BNP Paribas, the underperformance of Nifty IT relative to the Nasdaq had reached near historical troughs in March 2026.

Infosys, TCS, Wipro, other IT stocks climb up to 5%. Here's why

IT stocks rallied up to 5% on Wednesday, driven by improved market sentiment on hopes of fresh Iran-US talks and easing concerns around AI disruption. After earlier losses due to AI and inflation worries, the sector is seeing a partial recovery, with Nifty IT emerging as a top gainer.

What Anthropic’s powerful new model means for Indian IT stocks

Infosys, Tata Consultancy Services (TCS), LTIMindtree, Coforge, Wipro, and L&T Technology Services are among the major IT players that have all fallen more than 20% on a year-to-date (YTD) basis.

Wipro shares rise after $71 million deal; eyes growth in AI services

The acquisition will provide Wipro access to key clients, associated customer contracts, and a skilled workforce. It is expected to strengthen Wipro's artificial intelligence powered and consulting led application services capabilities, thereby supporting new growth opportunities.