Financial year 2025 was a year of significant change for Wipro and the world, with markets entering a fast-moving and unpredictable environment, said Wipro Chairman Rishad Premji.
‘’The macro landscape kept shifting, and technologies like AI were scaling rapidly. AI — especially Generative and Agentic AI — is becoming a game-changer,’‘ he said while addressing shareholders at the company’s 78th Annual General Meeting here on Wednesday (July 16, 2025).
However, he said, the changed scenario has been helping Wipro rethink how it worked, uncover new growth opportunities, and deliver greater value to its clients.
“Through all of this, we’ve stayed focused on our clients. We’ve executed with discipline and made bold investments to prepare for what’s next. These choices are shaping Wipro’s next chapter,’‘ said Jr. Premji.
On the market outlook, he said, the external environment may stay uncertain. But resilient businesses were built during times like these.
“We’ve used this time to invest in our people, deepen our client relationships, and stay grounded in our purpose. Wipro’s eight-decade-long journey has never been about short-term wins, but has been about long-term stewardship, constant reinvention, and doing business the right way. We carry that same spirit forward — with clarity, humility, and determination,’‘ he stated.
He informed shareholders that, in FY25, Wipro reported $10.5 billion in revenue, which was a 2.3% decrease year-on-year in constant currency. Net income stood at ₹131.4 billion, showing strong growth of 18.9% year-on-year. Our IT services operating margin was 17.1%, an improvement of 0.9% over FY24. Earnings per share came in at 12.6 rupees, up 20.3% from last year. Our operating cash flow was close to 2 billion dollars, at 128% of net income.
“Starting from FY26, we expect to return to shareholders at least 70% of the net income cumulatively over three years. A one-to-one bonus issue in Q2 and an interim dividend of 6 rupees per share in Q3 highlight our strong commitment to returning value to our shareholders,’‘ Mr. Premji added.
He further said, this December, Wipro would turn 80, of which nearly 50 years have been in the technology business, navigating disruption through continuous innovation, strong client trust, and a long-term mindset.
According to him, Wipro’s innovation strategy is driven by Wipro Innovation Network, a global ecosystem that brings together the company’s innovation labs, Wipro Ventures, partner labs, cloud studios, and the Topcoder community — all working as one. “It allows us to co-create faster and deliver next-generation solutions at scale,’‘ he claimed.
Wipro Ventures, a strategic investment arm set up in 2015, which was designed to connect the company’s enterprise clients with the global startup ecosystem, has already made a commitment of $500 million, supporting early to mid-stage companies that are building cutting-edge enterprise software, and firms focused on AI and automation. “We help these startups scale, bring their ideas to market, and deliver real strategic value for our clients,’‘ he explained to the audience.
More focus on employee wellbeing this year, says Mr. Premji
Inclusion, Mr. Premji said, was core to how Wipro hired and grew. Today, 37% of its workforce was women, and 37% were Gen Z. The company continued to build a diverse, multigenerational workplace that values gender, ethnicity, orientation and ability and in addition, the company was also deeply committed to creating an inclusive, supportive workplace where everyone feels they belong, he said.
“This year in particular, we have put even more focus on employee well-being and self-care, helping people thrive, both personally and professionally. Our approach is flexible and thoughtful, meeting people where they are in their journey. We built a framework that offers tailored support which covers physical health, mental well-being and work-life balance. Our goal is to make sure every associate feels empowered, supported, valued, and equipped to do their best,’‘ he commented.
He also said agentic AI was making a tangible impact across Wipro’s internal operations — from HR and finance to legal and beyond. “As an example, our medical claims solution now processes over 10,000 employee claims every month — entirely touchless. This automation boosts both speed and service quality, setting a new benchmark for internal efficiency.’‘
Published – July 16, 2025 02:32 pm IST
