Since last week, larger rivals Tata Consultancy Services (TCS) and HCLTech have reported subdued quarterly revenue and profit numbers, respectively, as US tariffs-related uncertainty continued to drive cautious spending by clients of the software service providers. Wipro, the fourth largest software services provider in the country, reported revenue of $10.5 billion for 2024-25. "Starting from FY26, we expect to return to shareholders at least 70% of the net income cumulatively over a three-year period," Premji said. Chief executive Srinivas Pallia, who completed one year at Wipro's helm in April, said as the uncertainty deepened in the fourth quarter of 2024-25 with new headwinds led by tariffs, Wipro is helping its clients define roadmaps, identify AI opportunities and align with their business goals from the start.