| Revenue growth | Flat sequentially; 0.6% YoY in constant currency. |
|---|---|
| Margins | Expanded 0.5% sequentially to 16.5% due to operational improvements. |
| Order book | $2.6 billion TCV; signed nine large deals. |
| Demand visibility | Mixed; strong AI traction but cautious macro environment. |
| Management confidence | High for BFSI and Tech sectors; optimistic for Q4 conversion. |
Growth
IT services revenue grew 0.6% YoY in constant currency; Net Income reported at INR 32 billion.
Outlook
Q3 revenue guidance set at -1.5% to +0.5% in constant currency. Large deals pushed from Q2 expected in Q4.
Risks
Healthcare sector weakness in US due to policy changes; seasonal furloughs expected to impact Q3 performance.
Last quarter's promises, checked
Delivered
- Q1 Revenue $2.61B (within guided range) → delivered $2.61B (= BEAT)
- Sequential revenue decline -1.5% to +0.5% → delivered -1.2% (= BEAT)
- Declared interim dividend INR2 → delivered INR2 (= BEAT)
Missed
- Restore margins to 17.0%-17.5% band → delivered 16.0% (= MISS)
- Operating margin flat YoY → delivered 1.2% YoY decline (= MISS)
Earnings Call Transcript filed with BSE, NSE: WIPRO. Summary written with AI assistance from the document.
Wipro Ltd: key numbers
- Share price
- ₹184.50
- Market cap
- ₹1,82,755 Cr
- Revenue (annual)
- ₹92,624 Cr
- Net profit (annual)
- ₹13,197 Cr
- P/E (TTM)
- 13.9×Sector 22.9×
- Promoter holding
- 72.58%-0.01% QoQ
- FII holding
- 9.46%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Wipro Ltd
All →Wipro Other Announcement
Wipro designated person Anubhav Pateriya acquired 94,466 ADRs via RSU/PSU exercise on October 27, 2026. This PIT Reg 7(2) filing discloses the ADR acquisition.
Wipro Employee Stock Options
Wipro allotted 2,25,996 equity shares under its ADS RSU, RSU and ESOP/PSU/RSU schemes on 27 Oct 2026. The allotment follows routine exercise of employee stock options and RSUs.
Wipro Results Update
Wipro reported Q2 FY27 gross revenue of $2,583 million and net income of $333.9 million. Operating margin expanded 0.5% QoQ to 16.5% with EPS up 4.2% YoY.
Wipro Q2 FY27 Results: Net Profit ₹3,200 Cr, Down 1.9% YoY
Wipro Ltd reported revenue from operations of ₹24,753 Cr (+9.1% YoY) and net profit of ₹3,200 Cr (-1.9% YoY) for Q2 FY27.
- Key figure
- Net profit ₹3,200 Cr · -1.9% YoY
Wipro Price Movement Clarification
Wipro clarified that the recent U.S. PERM application suspension will not have a material business impact. The company emphasized its existing U.S. localization strategy.
Wipro Employee Stock Options
Wipro granted 2,46,048 Restricted Stock Units to identified employees under its 2024 scheme, effective October 12, 2026.