India’s 4th Largest IT Company Reports 4% Revenue Growth in FY26; Announces Rs 15,000 Crore Buyback and Rs 11 Per Share Dividend

On Thursday, Indian markets closed on a weak note, with the Nifty 50 declining 0.14 per cent to 24,196.75, down 34.55 points from the previous close. Amid this, Wipro's share price closed at Rs 210.26, up 0.24 per cent from the previous close of Rs 209, following the announcement of its Q4FY26 and FY26 results.

Wipro Q4FY26 Results: QoQ and YoY Performance

On a QoQ basis, Revenue increased to Rs 24,236 crore in Q4FY26 from Rs 23,556 crore in Q3FY26, resulting in a growth of around 2 per cent. PAT stood at Rs 3,519 crore compared to Rs 3,142 crore in the previous quarter, resulting in a growth of approximately 12 per cent.

On a YoY basis, Revenue rose to Rs 24,236.3 crore from Rs 22,504.2 crore in Q4FY25, registering a growth of about 7.7 per cent. However, PAT declined slightly to Rs 3,521.6 crore from Rs 3,588.1 crore, resulting in a marginal decline of around 1.9 per cent.

Wipro FY26 Financial Performance (YoY)

For the full financial year FY26, revenue increased to Rs 92,624 crore from Rs 89,088.4 crore in FY25, reflecting a growth of around 4 per cent.

PAT rose marginally to Rs 13,265.5 crore from Rs 13,218 crore, indicating a growth of approximately 0.4 per cent. Earnings per share (EPS) also increased slightly to Rs 12.6 from Rs 12.56, marking a growth of about 0.3 per cent.

Deal Wins, Margins and AI-led Strategy

The company reported strong deal momentum, with total bookings of USD 16.4 billion in FY26, including USD 7.8 billion in large deals.

Operating margin for the year stood at 17.2 per cent, showing a marginal expansion, while Q4 margin came at 17.3 per cent.

Management highlighted that AI is becoming a core driver of business transformation, with increasing adoption across client engagements. Wipro is actively pivoting towards a “services-as-software” model through its AI Native Business & Platforms unit, aimed at embedding AI across workflows, automation, and enterprise solutions.

The company also continues to leverage its Wipro Intelligence platform, enabling AI-led automation, predictive insights, and operational efficiency across large deals and client ecosystems.

Buyback Announcement and Capital Allocation

The board has approved a share buyback of up to Rs 15,000 crore at a price of Rs 250 per share, subject to shareholder approval.

The buyback will be conducted through a tender offer route and involves the repurchase of up to 60 crore equity shares, representing approximately 5.7 per cent of the total paid-up equity share capital.

In addition to the buyback, the company also paid interim Dividends of Rs 11 per share during FY26.

Wipro Management Commentary

Srini Pallia, Chief Executive Officer and Managing Director, said: “Advancements in AI are reshaping client priorities and creating new opportunities for us to partner more deeply to deliver value-driven outcomes. To strengthen our position in an AI-first world, we are pivoting to a services-as-a-software model through the AI Native Business & Platforms unit. Our strategic deal with the Olam Group further reflects the decisive investments we are making to capture opportunities at scale.”

Aparna Iyer, Chief Financial Officer, said: “We have continued to invest in our clients, capabilities and people and maintained our margins in a narrow band. Our cash conversion continues to remain strong with operating cash flows at 112.6 per cent of net income for FY26. During the year, we have returned a substantial portion of our cash generated to shareholders in the form of dividends. Additionally, in our recently concluded board meeting, the Board of Directors announced a buyback of Rs 15,000 crore for Rs 250, subject to shareholder approval.”

About Wipro

Wipro Ltd is a global technology services and consulting company providing solutions across digital transformation, cloud computing, cybersecurity, data analytics, AI, and engineering services. The company operates through four key business lines Technology Services, Business Process Services, Consulting, and Engineering, serving clients across industries such as Banking, healthcare, retail, manufacturing, and energy.

Headquartered in India, Wipro has a presence in over 65 countries and employs more than 2,30,000 professionals worldwide.

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Disclaimer: The article is for informational purposes only and not investment advice.