Wipro Tanks 6% on Weak Q4 Results, Cautious Q1 Outlook

shares declined by 6% on April 17, 2025, following the company's Q4 FY25 earnings report and weak Q1 guidance. The IT firm reported a 4.2% year-on-year drop in revenue to ₹22,208 crore and an 8% decrease in net profit to ₹2,835 crore. The company forecasted a 1.5% to 3.5% sequential decline in Q1 revenue, citing deteriorating client spending and macroeconomic uncertainties. This outlook raised concerns among analysts, with several downgrading their ratings and lowering price targets, signaling potential challenges in Wipro's near-term growth trajectory. Disclaimer: This post is for informational purposes only and does not constitute investment advice.