WIT · Wipro Limited

Wipro Limited's Board meeting on April 15-16, 2026, approved audited financial results for the quarter and fiscal year ended March 31, 2026, presented under both Ind AS for standalone/consolidated and IFRS for consolidated statements. The standalone results show Q4 revenue from operations at ₹183,628 million, up from ₹180,169 million in the prior quarter and ₹174,294 million in Q4 FY2025, with total income of ₹191,489 million driving profit before tax of ₹40,782 million and net profit of ₹30,371 million after ₹10,411 million tax expense. Full year figures reached revenue of ₹713,451 million from ₹685,750 million prior year, with profit at ₹121 million (partial data). Deloitte Haskins & Sells LLP issued an unqualified opinion, confirming true and fair view per Ind AS 34 and SEBI Regulation 33. Concurrently, the Board proposed re-appointing Ms. Tulsi Naidu (DIN: 03017471) as Independent Director for a second 5-year term starting July 1, 2026, pending shareholder approval, ensuring governance continuity. Most significantly, the Board greenlit a substantial share buyback of up to 60 crore fully paid-up equity shares of ₹2 face value—equating to 5.7% of total paid-up capital—for a maximum outlay of ₹15,000 crore at ₹250 per share via proportionate tender offer under SEBI Buyback Regulations 2018. Excluding transaction costs, this shareholder-friendly move signals confidence in intrinsic value, with promoters committing to participate. A dedicated committee will oversee execution post special resolution via postal ballot and public announcement detailing record date and timelines. Results and disclosures are posted on www.wipro.com, providing investors immediate access to evaluate performance and capital return strategy.