Wipro Q4 FY25 IT Services revenue reported at $2.6 billion, down 0.8% QoQ in constant currency.Motilal Oswal cuts FY26E/FY27E EPS estimates by ~4% due to weak Q1 guidance and sustained demand softness.Wipro expects further impact in Q1 due to deteriorated client spends, reflected in a soft guidance of 3.5% to 1.5% cc QoQ revenue decline.Motilal Oswal maintains 'Sell' with concerns about tariffs and macro uncertainty influencing poor Q1 guidance.