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Wipro Q2 Results: Net profit declines marginally to Rs 3,201 crore, but revenue rises 9% YoY

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Wipro Q2 Results: Net profit declines marginally to Rs 3,201 crore, but revenue rises 9% YoY

Business News Tech IT Wipro Q2 Results: Net profit declines marginally to Rs 3,201 crore, but revenue rises 9% YoY

Wipro Q2 Results: Net profit declines marginally to Rs 3,201 crore, but revenue rises 9% YoY

Wipro Q2 Results: Wipro reported a 1.9% year-on-year decline in Q2FY27 net profit to Rs 3,201 crore, while revenue rose 9.1% to Rs 24,752.7 crore. IT services revenue increased 0.3% to $2,611.5 million, while operating margin expanded 0.5 percentage points sequentially to 16.5%. The company expects IT services revenue to decline up to 1.5% or grow 0.5% sequentially in Q3FY27.

IT major Wipro on Thursday reported a 1.4% year-on-year decline in its net profit to Rs 3,201 crore in the second quarter of FY27 (Q2FY27), while it fell 4.7% sequentially from Q1FY27. The company’s gross revenue rose 9.1% year-on-year to Rs 24,752.7 crore in Q2FY27. On a sequential basis, revenue slipped 1.1%. Revenue from the IT services segment increased 0.3% year-on-year to $2,611.5 million. IT services segment revenue, in non-GAAP constant currency terms, rose 0.6% year-on-year, while it remained flat sequentially.

9% sequentially in constant currency terms. 6% quarter-on-quarter in constant currency terms to $674 million. 5 percentage points sequentially. 23 in Q2FY27. 9%. 8% of net profit for the quarter. 8% on a trailing 12-month basis.



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