Wipro shares crack 4% after Q4 results. What Goldman Sachs, 3 other brokerages are saying?
- Posted on April 17, 2026
- By Business News Today
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- 1 min read
Wipro shares crack 4% after Q4 results. What Goldman Sachs, 3 other brokerages are saying?
Wipro shares fell after the company reported a 2% YoY decline in Q4 profit to ₹3,502 crore, despite announcing a ₹15,000 crore buyback. Revenue rose 8% YoY, but the core IT services business remained sluggish with minimal growth, reflecting weak demand. Margins also edged lower, signaling ongoing cost pressures, even as profit improved on a sequential basis.
