• Financials and guidance: IT services revenue stood at $2.65 billion for Q4 and $10.5 billion for FY26 (down 1.6% year-on-year in constant currency), while operating margins reached 17.2% for the full year. For Q1, sequential revenue growth is guided in the range of -2% to 0% in constant currency terms ($2.597 billion to $2.651 billion).
• Shareholder capital return: The board approved a ₹15,000 crore share buyback at ₹250 per share to repurchase 5.7% of paid-up capital, expected to conclude in Q1 FY27. Following $1.3 billion in dividends distributed in FY26, the total cash payout ratio for the three-year block reached 88%.
• Major strategic deals: Wipro signed a landmark engagement with Olam Group expected to exceed $1 billion in contract value ($800 million committed spend), which includes acquiring Olam's digital arm, MindSprout, to transform its farm-to-fork supply chain.
• AI operating model: A dedicated AI-native business and platforms unit was launched to pivot from a services-only approach to a services-as-a-software model powered by Wipro Intelligence. Deal pricing and client contracts are increasingly shifting toward modular, milestone-driven, and business outcome-based structures.