Wipro Limited has informed the Exchange regarding Outcome of Board Meeting held on April 16, 2026.
WIPRO · price
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On the reaction day the stock moved 3.6 pts less than Nifty 100 and 4.0 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Wipro's Board approved Q4 and full-year FY26 results ending March 31, 2026. Standalone revenue grew 4% to ₹713,451 million vs FY25, with PAT rising 11% to ₹121,296 million. Consolidated revenue increased 4% to ₹926,240 million, with PAT nearly flat at ₹132,655 million vs ₹132,180 million. The Board also proposed a ₹15,000 crore buyback of up to 600 million equity shares (5.7% of capital) at ₹250 per share, subject to shareholder approval. Ms. Tulsi Naidu was re-appointed as Independent Director for a second 5-year term. Auditors Deloitte Haskins & Sells LLP issued unmodified (clean) opinions on both standalone and consolidated results.
The buyback of ₹15,000 crore at ₹250 per share provides direct value return to shareholders and signals management confidence in the company's valuation. Flat consolidated PAT despite revenue growth indicates margin pressure, which may concern investors focusing on profitability expansion.