Wipro is more likely to report a tender set of numbers for the March 2025 quarter, with revenues and earnings impacted by seasonal headwinds and sluggish consumer spending. In response to estimates, the corporate’s income could rise simply 1.49 per cent sequentially to Rs 22,652 crore in Q4FY25, whereas web revenue is anticipated to slide 1.05 per cent quarter-on-quarter to Rs 3,319 crore. On a year-on-year foundation, web revenue could rise 17 per cent, aided by final yr’s low base.
Margins could compress as income disappoints
With muted income progress, Wipro’s EBIT margins are more likely to contract by 12 foundation factors sequentially. Kotak Institutional Equities expects a 0.5 per cent income decline in fixed foreign money (CC) phrases, including that any help to margins will come from the rupee’s depreciation fairly than operational effectivity.
Phoenix deal to drive TCV, however execution key
The Phoenix mega-deal could raise Complete Contract Worth (TCV) to round $1.6–1.8 billion for the quarter. Nevertheless, analysts stay cautious and wish extra readability on execution, deal conversions, and the rationale behind Wipro’s new service line realignment.
Flat outlook for Q1FY26; consulting updates awaited
For the June quarter (Q1FY26), Wipro is anticipated to information for income progress between -1 per cent and +1 per cent in CC phrases. Brokerages reminiscent of Nuvama and HSBC say investor focus will probably be on the well being of the consulting enterprise, margin enlargement visibility, and key consumer updates within the power and manufacturing segments.
Inventory trades off highs, eyes FY26 restoration
Wipro shares had been up 1.5 per cent at Rs 243.35 on April 15. The inventory has rebounded from its 52-week low of Rs 208.40 however stays far under its peak of Rs 324.60. A sustained re-rating will depend upon margin restoration, massive deal execution, and improved demand traction in FY26.
Wipro will report its This fall earnings on April 16.
