WIPRONSEWipro Limited· Computers - SoftwareHighNeutral
Announced Thu, 16 Apr · 16:26 IST

Wipro Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Results RestatedExceptional ItemResults View source PDF

WIPRO · price

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Price reaction · full curve 14 horizons · vs prior close
-3.7%1-day move
₹210.15
prior close
₹205.00
base price
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AI summary

Wipro reported consolidated revenue of ₹926,240 million for FY2026, up 4% from ₹890,884 million in the prior year. Profit after tax remained essentially flat at ₹132,655 million versus ₹132,180 million in FY2025. The company completed a merger of five wholly-owned subsidiaries effective April 1, 2025, with prior period numbers restated. Implementation of new Labour Codes resulted in a one-time employee cost impact of ₹2,756 million. The Board approved a share buyback of up to 600 million shares at ₹250 per share (aggregate ₹150,000 million). Deloitte issued an unmodified audit opinion with no going concern issues.

Likely market impact

Revenue growth of 4% is modest; PAT remained flat while EPS (basic) was ₹12.60 versus ₹12.56. The approved ₹150 billion buyback signals confidence but will reduce cash reserves. No audit qualifications are positive for investor confidence.