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Wipro Q4 Results: Q1 revenue growth pegged at -2% to 0%; Board approves ₹15,000 crore buybackThe Wipro buyback price has been fixed at ₹250 per share, which is a premium of 19% to Thursday's close of ₹210 per share. The buyback of shares will be done through the tender offer process, which means that the shares will be repurchased at a fixed price.By Hormaz Fatakia   April 16, 2026, 4:40:58 PM IST (Updated)2 Min ReadBengaluru-based IT services provider Wipro Ltd. expects to grow between -2% to 0% in constant currency terms for the first quarter of financial year 2027 on a sequential basis.

The figure is in-line with analyst projections. Brokerages like CLSA, JPMorgan, Morgan Stanley, UBS had projected the figure to be a negative 2% to 0%, while Nomura and Citi saw the growth guidance figure between -1% to +1% in constant currency terms.

Wipro projects the IT services business segment to be in the range of $2,597 million to $2,651 million, which implies a sequential guidance of -2% to 0% in constant currency terms.

Additionally, the board of Wipro has also approved a buyback of equity shares. The total buyback size is worth ₹15,000 crore, which is lower than the previous instance. This is the first time that Wipro announced a share buyback, since the ₹16,000 crore buyback in 2023.

The buyback price has been fixed at ₹250 per share, which is a premium of 19% to Thursday's close of ₹210 per share. The buyback of shares will be done through the tender offer process, which means that the shares will be repurchased at a fixed price. The buyback is subject to shareholder approval.

For the quarter, Wipro reported revenue of ₹24,017 crore in rupee terms, lower than the CNBC-TV18 poll of ₹24,343 crore. Earnings Before Interest and Tax (EBIT) stood at ₹4,155 crore, in-line with the CNBC-TV18 poll projection of ₹4,158 crore.

In US Dollar term, Wipro's revenue stood at $2,651 million, in comparison to the CNBC-TV18 poll of $2,666 million. On a sequential basis, Wipro's US Dollar revenue grew by 0.6%.

EBIT margins for the quarter stood at 17.3%, marginally higher than the CNBC-TV18 poll of 17.1%, but lower than the previous quarter's figure of 17.6%.

Total bookings for the quarter stood at $3,455 million, up 3.2% sequentially in constant currency terms. Large deal bookings were at $1,440 million during the quarter.

Shares of Wipro ended little changed on Thursday ahead of the earnings announcement at ₹210.15. The stock has risen 8% in the last one month.Continue ReadingFirst Published: Apr 16, 2026 4:31 PM ISTTagsShare BuybackWiprowipro earningsWipro ShareWipro share priceWipro shares