# Wipro reports marginal Q4 profit decline and muted revenue growth.

*business · news · 2026-04-16 · Business Standard*

## Key points

- Wipro issued weak Q1 FY27 guidance, expecting revenue to de-grow by up to 2 percent.
- Wipro reported annual revenue de-growth for the third consecutive year in both reported and constant currency terms.
- Large deal bookings grew 45.4 percent to $7.8 billion, but are slow to ramp up.
- Banking, financial services and insurance revenue declined year-on-year, with US spending becoming more conservative.
- Wipro's employee attrition fell to a 20-quarter low of 13.8 percent, but fresh hiring remains uncertain.

**Companies:** Wipro
**Countries:** India, United States, Europe, South East Asia

[Read the full story on Business Standard](https://www.business-standard.com/companies/quarterly-results/wipro-q4-results-net-profit-dips-1-9-signals-weak-growth-outlook-126041601061_1.html)

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