Wipro's Attrition Rate Cools to 13.8% with Net Gain of 135 Employees in Q4FY26

Wipro is in focus after reporting its Q4FY26 performance, highlighting steady profit growth, improved employee retention and a major capital return plan through a large share buyback. 

Profit Growth and Revenue Expansion 

The company reported a sequential increase in net profit to ₹3,501 crore, while revenue rose to ₹24,236 crore in Q4FY26.  

Deal momentum remained healthy with large deal bookings at $1.4 billion and total order pipeline at around $3.5 billion. 

Attrition Declines, Hiring Remains Cautious 

Attrition improved during the quarter, declining to 13.8%, while total headcount saw only a marginal increase.  

The company added 7,500 freshers in FY26 but has not set a hiring target for FY27, citing uncertain demand conditions. 

₹15,000 Crore Buyback Announcement 

Wipro announced a share buyback of up to ₹15,000 crore at ₹250 per share, representing a premium over the prevailing market price.  

The company also confirmed that its interim dividend will be treated as the final payout for FY26. 

Read More: Wipro Says it Does Not Have a Fresher Hiring Target for FY27 Due To AI Shift! 

Wipro Share Price Performance 

As of 17 April 2026, at 3:30 PM, Wipro share price closed at ₹204.30 per share, reflecting a decline of 2.83% from the previous closing price. 

Conclusion 

Wipro’s Q4 performance reflects stable earnings and strong deal activity, while the buyback signals continued focus on shareholder returns amid cautious near-term growth outlook. 

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