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Thu, April 16, 2026 astatine 7:17 AM CDT 7 min read
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Wipro reported Q4 IT services gross of $2.65 billion (flat sequential, -0.2% YoY CC) with an operating borderline of 17.3% (down 30 bps); bid bookings were $3.5 billion and absorption guided Q1 gross of -2% to 0% successful changeless currency.
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The institution struck a strategical woody with Olam (expected to transcend $1 billion) and is acquiring Olam’s Mindsprint, portion launching an AI‑Native Business & Platforms Unit and winning AI engagements to tally frontier models and supply AI-driven engineering services.
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Wipro’s committee approved its largest buyback of INR 15,000 crores astatine INR 250 per share; the institution besides reported $5.9 billion successful gross currency and operating currency travel astatine 112.6% of nett income for FY26.
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Wipro (NYSE:WIT) outlined a cautious near-term gross outlook portion emphasizing ample woody momentum and accrued absorption connected AI-led transportation during its fourth-quarter net property league for the play ended March 31, 2026.
CEO and Managing Director Srinivas Pallia said geopolitical and argumentation disruptions person go “the caller normal,” pointing to changing commercialized rules, tighter migration policies, and ongoing conflicts arsenic sources of uncertainty. Despite those headwinds, helium said IT spending has remained resilient, with cloud, data, and AI continuing to gully investment.
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Pallia added that lawsuit spending decisions are “increasingly tied to outcomes,” describing contracts that are becoming “modular, milestone-driven, and governed by worth checkpoints.” He said Wipro is “continue[ing] to marque decisive investments to navigate the AI-first world.”
On performance, Pallia said Wipro’s IT services gross successful the 4th fourth was $2.65 billion, up 0.2% sequentially successful changeless currency and down 0.2% year-over-year successful changeless currency. Operating borderline was 17.3%, a 30-basis-point sequential contraction.
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Order bookings were $3.5 billion, up 3.2% sequentially and down 13.9% year-over-year, Pallia said. He noted Wipro signed 14 ample deals totaling $1.4 billion successful the quarter.
For the afloat year, Pallia said IT services gross was $10.5 billion, a 1.6% year-over-year decline successful changeless currency. Full-year operating borderline was 17.2%, up 15 ground points compared with the anterior year.
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