Wipro Approves Landmark ₹150,000 Million Share Buyback At ₹250 Per Share To Boost Investor Value, Q4 Revenue At ₹242.36 Billion

The IT services major reported consolidated revenue from operations at ₹242.36 billion, marginally below market expectations. Wipro’s executives highlighted that client spending priorities are increasingly tied to measurable outcomes, reflecting a shift in enterprise IT investments.

Financial Performance

Wipro’s consolidated net profit stood at ₹35.02 billion compared to analyst estimates of ₹35.07 billion. Revenue from operations was ₹242.36 billion against expectations of ₹243.63 billion. The company’s total bookings reached $3,455 million, underscoring steady demand despite global macroeconomic uncertainties.

Revenue Outlook

For Q1 FY27, Wipro projects IT services revenue in the range of $2,597 million to $2,651 million. This guidance reflects cautious optimism as enterprises continue to align technology spending with business outcomes.

Shareholder Value

The board approved a share buyback worth up to ₹150,000 million at ₹250 per share. This move is aimed at enhancing shareholder returns and reflects management’s confidence in long-term growth prospects.

Strategic Direction

Executives emphasized that client spending is increasingly outcome-driven, with a focus on efficiency, digital transformation, and measurable ROI. Wipro continues to position itself as a partner for enterprises seeking value-driven IT solutions.

Key highlights

• Wipro Q4 total bookings at $3,455 million
• Consolidated net profit at ₹35.02 billion, slightly below estimates
• Revenue from operations at ₹242.36 billion
• Q1 FY27 IT services revenue guidance: $2,597–$2,651 million
• Board approves ₹150,000 million share buyback at ₹250 per share
• Client spending priorities now tied to outcomes

Sources: Reuters, Economic Times, Business Standard, Mint, Moneycontrol