WIT Stock - Wipro Limited
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Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $890.88B | $897.60B | $904.88B | $790.93B | $619.43B |
| Gross Profit | $273.08B | $266.11B | $259.43B | $235.06B | $196.22B |
| Gross Margin | 30.7% | 29.6% | 28.7% | 29.7% | 31.7% |
| Operating Income | $151.27B | $136.10B | $139.61B | $140.29B | $123.05B |
| Net Income | $131.35B | $110.45B | $113.50B | $122.19B | $107.95B |
| Net Margin | 14.7% | 12.3% | 12.5% | 15.4% | 17.4% |
| EPS | $12.56 | $10.45 | $10.36 | $11.18 | $9.56 |
Wipro Limited operates as information technology (IT), consulting, and business process services company worldwide. It operates through three segments: IT Services, IT Products, and India State Run Enterprise Services (ISRE). The IT Services segment offers IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobility and analytics, research and development, and hardware and software design services to enterprises. It serves customers in various industry sectors, such as healthcare and medical devices, consumer goods and life sciences, retail, transportation and services, communications, media and information services, technology products and platforms, banking, financial services and insurance, manufacturing, hi-tech, energy, and utilities. The IT Products segment provides a range of third-party IT products comprising enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. It serves enterprises in various industries primarily in the India market, which comprise the government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The ISRE segment offers IT services to entities and departments owned or controlled by the Government of India and/or various Indian State Governments. The company was incorporated in 1945 and is based in Bengaluru, India.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 20th 2025 | CLSA | Downgrade | Hold | - |
| June 20th 2025 | Morgan Stanley | Upgrade | Equal Weight | - |
| April 8th 2025 | Jefferies | Downgrade | Underperform | - |
| January 2nd 2025 | UBS | Upgrade | Neutral | - |
| December 9th 2024 | HSBC Securities | Upgrade | Hold | - |
| October 3rd 2024 | Investec | Downgrade | Sell | - |
| July 2nd 2024 | Nomura | Initiation | Buy | - |
| January 17th 2024 | Exane BNP Paribas | Initiation | Underperform | $5.2 |
| August 22nd 2023 | Goldman | Initiation | Sell | - |
| May 23rd 2023 | JP Morgan | Initiation | Underweight | $4.3 |
| March 22nd 2023 | Bernstein | Downgrade | Underperform | $3.9← $5.1 |
| October 13th 2022 | Credit Suisse | Downgrade | Underperform | - |
| September 13th 2022 | Goldman | Upgrade | Buy | $4.87 |
| July 20th 2022 | Citigroup | Downgrade | Sell | - |
| July 14th 2022 | Morgan Stanley | Downgrade | Underweight | - |
Earnings History & Surprises
WITEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 14, 2026 | — | — | — | — |
Q1 2026 | Jan 16, 2026 | $0.04 | — | — | — |
Q4 2025 | Oct 16, 2025 | $0.03 | — | — | — |
Q3 2025 | Jul 17, 2025 | $0.04 | $0.04 | 0.0% | = MET |
Q2 2025 | Apr 16, 2025 | $0.04 | $0.04 | 0.0% | = MET |
Q1 2025 | Jan 17, 2025 | $0.04 | $0.04 | 0.0% | = MET |
Q4 2024 | Oct 17, 2024 | $0.04 | $0.04 | +5.4% | ✓ BEAT |
Q3 2024 | Jul 19, 2024 | $0.04 | $0.04 | +4.5% | ✓ BEAT |
Q2 2024 | Apr 19, 2024 | $0.04 | $0.04 | -2.1% | ✗ MISS |
Q1 2024 | Jan 12, 2024 | $0.03 | $0.03 | -8.4% | ✗ MISS |
Q4 2023 | Oct 18, 2023 | $0.03 | $0.03 | -11.2% | ✗ MISS |
Q3 2023 | Jul 13, 2023 | $0.03 | $0.03 | -10.9% | ✗ MISS |
Q2 2023 | Apr 27, 2023 | $0.04 | $0.04 | 0.0% | = MET |
Q1 2023 | Jan 13, 2023 | $0.04 | $0.04 | 0.0% | = MET |
Q4 2022 | Oct 12, 2022 | $0.04 | $0.03 | -14.3% | ✗ MISS |
Q3 2022 | Jul 20, 2022 | $0.03 | $0.03 | -13.5% | ✗ MISS |
Q2 2022 | Apr 29, 2022 | $0.04 | $0.04 | -9.3% | ✗ MISS |
Q2 2021 | Apr 15, 2021 | $0.04 | $0.04 | +13.6% | ✓ BEAT |
Q1 2021 | Jan 13, 2021 | $0.03 | $0.04 | +16.0% | ✓ BEAT |
Q4 2020 | Oct 13, 2020 | $0.03 | $0.03 | +4.2% | ✓ BEAT |
Latest News
Wipro Adopts Gemini Enterprise Across Global Operations
📈 PositiveMicrosoft And India's Frontier Firms Cognizant, Infosys, TC,S And Wipro Deploy Over 200,000 Copilot Licenses To Transform Enterprise AI
📈 PositiveReported Earlier, Wipro Announced A Multi-year Engagement With Odido Netherlands B.V. To Transform Its IT Landscape And Enhance Customer Experience Across Their Enterprise And Consumer Segments
📈 PositiveWipro Signs Multi-Year Strategic Agreement To Transform HanesBrands' IT Infrastructure And Cybersecurity Operations With AI-First Approach
📈 PositiveWipro GAAP EPS of $0.03 misses by $0.01, revenue of $2.56B in-line
📉 NegativeWipro Q2 EPS $0.03, Inline, Sales $2.557B Beat $2.550B Estimate
📈 PositiveWipro Expands CrowdStrike Partnership To Launch AI-Powered CyberShield MDR For Stronger Enterprise Security
📈 PositiveWipro To Acquire Harman Connected Services In 100% Buyout To Expand Global Tech Reach
📈 PositiveFrequently Asked Questions about WIT
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