Wipro's financial results for the fourth quarter of FY26 revealed a 1.9% year-on-year decline in net profit, amounting to ₹3,521 crore, despite a 7.7% increase in revenue which reached ₹24,236.3 crore. The company's revenue from IT services was reported at $2.651 billion, reflecting a modest growth of 2.1% year-on-year. Notably, large deal bookings surged by 65.1% quarter-on-quarter, totaling $1.44 billion. For the full financial year, Wipro's gross revenue was ₹92,620 crore, marking a 4% increase, while annual net profit saw a slight rise of 0.5% to ₹13,200 crore. The company also announced a significant share buyback plan of up to ₹15,000 crore, aiming to repurchase 60 crore shares at ₹250 each, pending shareholder approval. However, Wipro's guidance for the upcoming quarter suggests a cautious outlook, with IT services revenue expected to range between $2.597 billion and $2.651 billion, indicating potential flat or negative growth in constant currency terms. CEO Srinivas Pallia emphasized the company's shift towards a services-as-software model, leveraging advancements in artificial intelligence to enhance client partnerships and drive growth.