Azim Premji Belief held 1,06,31,85,966 fairness shares within the firm which represented 10.15% stake as on March 31, 2025.
The shares have been purchased at Rs 250 a bit, which was at a 0.60% premium over Friday’s closing worth of Rs 248.59.
Hasham Merchants stake purchase was at a value of Rs 2,975 crore whereas Prazim Merchants shelled out at Rs 1,487 crore.
Wipro shares at the moment ended at Rs 251.72 on the NSE, up by Rs 3.13 or 1.26% over the Friday closing worth.
The fourth largest IT providers firm by the use of market capitalization had reported a internet revenue (attributable to shareholders of the corporate) of Rs 3,570 crore for the fourth quarter ended March 2025, up 26% from Rs 2,835 crore within the year-ago interval. The revenue beat Road expectations of Rs 3,290 crore.Income from operations within the quarter rose 1% year-on-year (YoY) to Rs 22,504 crore, in comparison with Rs 22,208 crore in the identical interval final yr.The IT providers section income stood at $2,596.5 million within the fourth quarter, reflecting a decline of 1.2% quarter-on-quarter (QoQ) and a couple of.3% year-on-year (YoY). In fixed foreign money phrases, IT providers income decreased 0.8% QoQ and 1.2% YoY.
On a sequential foundation, income elevated by a marginal 0.8%. The revenue after tax grew 6% QoQ from Rs 3,354 crore posted within the previous December quarter.
Within the fourth quarter, the corporate reported working money flows of Rs 3,750 crore ($438.5 million), marking a 28.2% YoY decline. This represented 104.4% of internet revenue for the quarter.
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