• Financial performance: Q4 IT services revenue reached $2.65 billion (up 0.2% QoQ in constant currency) and $10.5 billion for the full fiscal year, with full-year operating margins expanding 15 basis points year-on-year to 17.2%.
• Q1 revenue guidance: IT services revenue for Q1 is guided at -2% to 0% sequential growth in constant currency ($2.597 billion to $2.651 billion), reflecting client-specific issues and large deal ramp-up delays in Americas 2 BFSI alongside typical Q1 seasonality.
• Capital allocation: The Board approved a ₹15,000 crore share buyback at ₹250 per share representing 5.7% of paid-up capital, expected to conclude in Q1 FY27 subject to shareholder approval.
• AI-native business pivot: Wipro established a dedicated AI-native business and platforms unit to drive a "services-as-a-software" model, supported by major deals including an engagement with Olam Group exceeding $1 billion and the acquisition of MindSprint.