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Wipro Limited (WIT) is a global leader in IT services, consulting, and business process solutions. This news hub provides investors and professionals with essential updates on corporate developments, strategic initiatives, and operational milestones.
Access timely announcements including quarterly earnings reports, technology partnerships, and leadership updates. Our curated collection simplifies tracking Wipro's market position in cloud services, digital transformation, and offshore outsourcing.
Key updates cover mergers & acquisitions, new service launches, and industry recognitions. All content is verified through primary sources to ensure reliability for investment research and competitive analysis.
Bookmark this page for streamlined access to Wipro's evolving business strategy and technology leadership. Check regularly for objective reporting on developments impacting the IT services sector.
Wipro (NYSE: WIT) has announced its financial results for Q4 and FY 2025. Net income showed strong growth, increasing 6.4% QoQ in Q4'25 and 18.9% YoY for FY'25. The company's margins expanded, with FY'25 margin at 17.1% (up 0.9%) and Q4 margin at 17.5% (up 1.1% YoY).
Key highlights include:
- Large deal bookings grew 48.5% YoY in Q4'25 and 17.5% YoY for FY'25
- Q4 gross revenue reached Rs 225.0 billion ($2.6 billion), up 0.8% QoQ and 1.3% YoY
- IT services segment revenue declined 1.2% QoQ and 2.3% YoY
- Operating cash flow at 104.4% of net income for Q4'25 and 128.2% for FY'25
For Q1 FY'26, Wipro expects IT Services revenue between $2,505-2,557 million, projecting a sequential decline of -3.5% to -1.5% in constant currency terms.
Wipro (NYSE: WIT) has scheduled its Q4 FY2025 earnings announcement for April 16, 2025, after Indian market hours. The company will host a conference call at 7:00 PM IST (9:30 AM US Eastern time) where senior management will discuss quarterly performance and address investor questions.
Questions can be submitted until 6:30 PM IST to specified email addresses. The earnings call will be accessible via webcast and various international dial-in numbers, including toll-free options for the US, UK, Singapore, and Hong Kong. Call playback will be available from April 16-23, 2025, through dedicated numbers in India and the USA.
ColorTokens and Wipro have announced a strategic partnership to launch the Breach Ready Security Solution, an AI-powered Zero Trust microsegmentation security defense solution for global enterprises. The solution combines ColorTokens' Xshield™ microsegmentation platform with Wipro's CoreProtect framework to provide comprehensive security visualization and real-time risk identification.
The solution offers ransomware and malware impact mitigation across all workloads and endpoints, including cloud environments, IoT/OT devices, and data centers. It features custom accelerators and AI-powered automation delivered through Wipro's CyberShield platform, managed by Wipro Cybersecurists. The service targets major industries including Banking, Financial Services and Insurance (BFSI), Healthcare, Pharma and MedTech, Manufacturing, CPG and Retail, Energy and Utilities.
Wipro (NYSE: WIT) has launched TelcoAI360, an AI-first Managed Services platform designed to transform operations for telecommunications companies. The platform, developed with Wipro's AI partners and ServiceNow's Telecommunications solutions, aims to help Communication Service Providers (CSPs) reduce operational costs and accelerate time-to-market for new services.
Key features of TelcoAI360 include:
- Unified platform integration for multiple telecom technologies
- Enhanced network performance through intelligent automation and predictive maintenance
- AI-enabled security with real-time threat detection
- Customizable portals for branded user experience
- Standardized APIs for system communication
- Multi-cloud environment compatibility
- Comprehensive lifecycle management of products and services
Veuu and Wipro (WIT) have announced a strategic partnership to revolutionize healthcare payments through an AI-powered instant payments platform. The collaboration aims to bridge the gap between healthcare providers and payers by enabling immediate reimbursements.
The platform leverages AI technology to evaluate claims risks, predict denials, and provide instant approval or rejection decisions within milliseconds. Providers receive immediate access to operating capital at negotiated rates, eliminating the traditional weeks-long wait for insurance reimbursements. The system also submits cleaner claim portfolios to insurance companies, reducing manual review costs.
Through Wipro's Provider in a Box solution, which incorporates Veuu's AI-enabled platform alongside IT and Provider Operations Transformation expertise, the partnership aims to deliver cash-flow relief, reduce healthcare costs, and improve care quality.
Wipro (NYSE: WIT) has been selected by FrieslandCampina, a global dairy company, as their strategic partner for IT operations transformation. The five-and-a-half-year engagement will involve Wipro managing FrieslandCampina's Core IT Services, including end-to-end Service Management, Infrastructure & Cybersecurity Services, and Enterprise Application Management Services.
The partnership will also cover digital transformation programs, HR, and employee services aimed at operational excellence, end-user experience, and business continuity. The collaboration is designed to support FrieslandCampina's strategic objectives of enhancing profitability and sustainable growth through improved business outcomes and innovation.
Wipro (NYSE: WIT) announced its Q4 2024 financial results, reporting a 0.1% QoQ revenue growth, exceeding guidance expectations. The company achieved a 12-quarter high operating margin of 17.5%, expanding 0.7% QoQ. Notable highlights include:
- Net income increased by 24.5% YoY and 4.5% QoQ
- IT services revenue was $2,629.1 million, showing a decline of 1.2% QoQ and 1.0% YoY
- Total bookings reached $3,514 million, with large deal bookings at $961 million
- Operating cash flows were strong at 146.5% of net income
- Voluntary attrition decreased to 15.3%
The company revised its capital allocation policy, increasing payout percentage to 70% or above over a 3-year period. For Q1 2025, Wipro expects IT Services revenue between $2,602-2,655 million, projecting a -1.0% to 1.0% growth in constant currency terms.
Wipro (NYSE: WIT) has scheduled its Q3 FY2024 earnings announcement for January 17, 2025, after Indian market hours. The company will host a conference call at 7:00 PM IST (8:30 AM US Eastern time) where senior management will discuss quarterly performance and address investor questions.
Questions can be submitted until 6:30 PM IST to designated email addresses. The earnings call will be accessible via webcast, with multiple dial-in options available including toll-free numbers for US, UK, Singapore, and Hong Kong participants. A replay of the call will be available from January 17-24, 2025.
Wipro has announced a partnership with Netskope to provide enterprises with integrated cybersecurity optimization services. The collaboration introduces Wipro's CyberTransform Optimization Service, powered by Netskope, which analyzes organizations' current cybersecurity investments and provides consolidation guidelines for improved business performance.
The service combines Wipro's proprietary Automated Regulatory Compliance (ArC) system with Netskope's Valueskope platform to deliver detailed financial analyses and tailored business cases. This integration aims to help organizations manage application sprawl and optimize their cybersecurity spending while achieving better security outcomes.
Wipro has extended its partnership with Marelli, a global automotive solutions leader, for four additional years. The project focuses on migrating Marelli's Milan Data Centre and local server rooms to the Cloud through Wipro FullStride Cloud services. This cloud transformation aims to centralize operations, provide a more agile ecosystem, and enable faster market response. The initiative includes implementing AI-powered virtual assistants for employee support, vulnerability management services, and comprehensive application maintenance. The modernization project is expected to generate significant operational savings and reduce time-to-market for Marelli's products and services.
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