WIPRO Q4 Preview: Profits could reduce 1% QOQ to Rs 33.19 crore; possible revenues may be likely despite big deals
Wipro may report soft numbers for the March 2025 quarter, with revenue and profits affected by seasonal headwinds and slow customer spending. According to estimates, the company's revenue could only rise 1.49% in sequence to Rs 2,652 crore of 4FY25, while net profit is expected to drop the quarter-quarter of 1.05% to Rs 3,319 crore. On a year-on-year basis, net profit is likely to grow 17%, on a low-based basis last year.
Profits may shrink with revenue disappointment
As revenue grows, Wipro's EBIT margins may shrink by 12 basis points in sequence. Kotak Institutional Stock expects revenue to drop by 0.5% on the Constant Currency (CC) clause, adding that any support for profit margins will come from depreciation of the rupee rather than operational efficiency.
Phoenix transactions to drive TCV but execute keys
The Phoenix deal could increase the total contract value (TCV) for the quarter to $1.6-1.8 billion. However, analysts remain cautious and want to be more clear about the reasons behind execution, transaction conversions, and Wipro's new service line readjustment.
Flat prospects of Q1FY26; waiting for consultation updates
In the June quarter (Q1FY26), WIPRO is expected to guide revenue growth -1% to 1%. Brokers such as Nuvama and HSBC said investors will focus on the health of the consulting business, margin visibility and key customer updates in the energy and manufacturing sectors.
Stock trading highs, eyes 26 fiscal year recovery rate
Wipro shares rose 1.5% to Rs 243.35 on April 15. The stock had a 52-week low of Rs 208.40 but was still below its peak of Rs 324.60. Continuous reassessment will depend on the recovery of profit margins, a large amount of transaction execution and increased demand traction26.
Wipro will report its fourth-quarter earnings on April 16.
