Wipro reported a net headcount increase in the fourth quarter of FY25, reversing the decline seen in Q3. The company added 614 employees sequentially, taking its total workforce to 2,33,346 as of March 31, 2025, compared to 2,32,732 at the end of December 2024. The attrition rate for the trailing twelve months remained stable at 15%, slightly lower than the 15.3% recorded in Q3.
Other operational metrics also showed improvement. Net utilization excluding trainees stood at 85.6%, while offshore revenue accounted for 60.1% of total services.
Q4 FY25 Financial Results:
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Revenue: ₹22,445.3 crore, up 0.7% QoQ from ₹22,285 crore
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EBIT: ₹3,927 crore, also up 0.7% QoQ
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EBIT Margin: Flat at 17.5% QoQ
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Net Profit: ₹3,588 crore
Q1 FY26 Guidance:
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Revenue expected in the range of $2,505–$2,557 million
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This implies a sequential decline of 1.5% to 3.5% in constant currency terms
Wipro also reported total bookings of $3,955 million in Q4, registering a sequential growth of 13.4%.
Srini Pallia, CEO and Managing Director, said “We closed FY25 with two mega deal wins, an increase in large deal bookings, and growth in our top accounts. Client satisfaction scores improved, reflecting strong execution and engagement. We also continued to invest in our global talent and in strengthening our consulting and AI capabilities. As clients remain cautious in the face of macroeconomic uncertainty, we’re focused on partnering closely with them while staying committed to consistent and profitable growth.” Aparna Iyer, Chief Financial Officer, said “For Q4 operating margins expanded 110 basis points year on year and for the full financial year margin expanded by 90 basis points. Our focus on execution rigour has ensured that our margins have steadily expanded even in a softening revenue environment. Our endeavor will be to maintain the margin in a narrow band in the coming quarters. Our net income grew 6.4% sequentially in Q4 and 18.9% for the full financial year. Cash flow continued to be robust in Q4 resulting in net operating cash flow generation of almost $ 2 Bn for FY’25, which is 128.2% of our net income.”
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