IT services giant Wipro is scheduled to unveil its fourth-quarter and full fiscal year 2026 financial results on April 16, 2026. The Bengaluru-based company's board of directors will also convene from April 15-16 to deliberate on a proposal to buy back equity shares.
This announcement positions Wipro's earnings report shortly after sector leader TCS kicked off the earnings season on April 9, and ahead of Infosys, which is slated to report its Q4 figures on April 23.
Wipro Q4 2026 Earnings Expectations
Market analysts are closely watching Wipro's performance. HDFC Securities projects the company's revenue for the March 2026 quarter to reach Rs 2,447.1 crore, marking an 8.7 percent year-on-year (YoY) increase and a 3.9 percent quarter-on-quarter (QoQ) rise. Earnings before interest and tax (EBIT) are estimated at Rs 631 crore, reflecting a 16 percent YoY growth, with margins expected to hold steady at 18.3 percent.
Adjusted profit after tax (PAT) is anticipated to be Rs 352.8 crore, an increase of 12.6 percent YoY. HDFC Securities currently maintains an 'Add' rating on Wipro's stock, setting a target price of Rs 225.
Potential Share Buyback Proposal
A significant item on the board meeting agenda is the consideration of a proposal for an equity share buyback. Wipro stated, "The Board of Directors of the Company will be considering a proposal to buyback equity shares of the Company and the matters necessary and incidental thereto... at its meeting scheduled to be held over April 15-16, 2026." This move, if approved, would be conducted in accordance with the Companies Act, 2013, and SEBI regulations.
Previous Quarter Performance (Q3 FY26)
In the third quarter of the previous fiscal year, Wipro reported a consolidated net profit attributable to equity holders of Rs 3,119 crore. This represented a 7 percent decline compared to Rs 3,358 crore in the corresponding quarter of the prior fiscal. However, revenue from operations saw a 3.7 percent increase, reaching Rs 23,556 crore for the December quarter, up from Rs 22,697 crore in the same period last year. During Q3, Wipro's Board had also declared an interim dividend of Rs 6 per equity share.