Wipro Q4 FY26: deal momentum rises, guidance stays cautious
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Frequently Asked Questions
IT Services revenue was ₹240,176 million in Q4 FY26 (reported under IFRS in the investor presentation), and $2,651.0 million in the quarter.
IT Services operating margin for Q4 FY26 was 17.3%.
Wipro guided IT Services revenue of $2,597 million to $2,651 million, implying constant currency sequential growth of -2.0% to 0.0%.
Top customer contributed 4.3% of revenue; top 5 customers 13.8%; top 10 customers 23.1% (Q4’26 revenue distribution slide).
Total bookings were $3,455 million, and large deal bookings were $1,440 million (up 65.1% QoQ in constant currency).
The Board approved a proposal to buy back up to 600,000,000 equity shares (5.7% of paid-up capital) at ₹250 per share for an aggregate amount not exceeding ₹150,000 million, subject to shareholder approval.
Wipro announced an 8-year strategic transformation engagement with Olam Group expected to exceed $1 billion in contract value with a committed spend of $800 million, along with an agreement to acquire Olam’s IT services arm Mindsprint for $375 million (subject to approvals).
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