Wipro Q2 results: Net profit falls 2% YoY to ₹3,200 crore; revenue rises 9%
A Ksheerasagar
Wipro Q2 Results: India’s fourth-largest IT services firm, Wipro, announced its financial performance for the September quarter (Q2FY27) after-market hours today.
The company reported a net profit attributable to equity holders of ₹3,199.7 crore, down 4.6% from ₹3,356.3 crore in the previous quarter and 1.9% year-on-year from ₹3,262.4 crore in September 2025.
The IT major reported revenue from operations of ₹24,752.7, marking a 1.1% increase from ₹24,478.6 crore in the June quarter and a 9.0% rise from ₹22,697.3 crore in the year-ago quarter.
Revenue from the IT services segment came in at ₹24,667 crore, marking a 0.9% year-on-year (YoY) increase from ₹24,452.9 crore reported in the same period last year.
The company said revenue from Europe, which contributes more than a fourth of its overall business, rose 5.1% year-over-year, after stripping out currency fluctuations. The company also signed partnerships with Anthropic and Google during the year, helping it gain traction in terms of AI-related revenue and savings.
In dollar terms, revenue from the IT services segment stood at $2,611.5 million, down 0.1% quarter-on-quarter (QoQ) but up 0.3% YoY.
Wipro said it expects revenue from the IT services business segment to be in the range of USD 2,571 million to USD 2,625 million in Q3 FY27, translating to a sequential guidance of (-)1.5 per cent to (+)0.5 per cent in constant currency terms.
Wipro’s total bookings fell to $2.6 billion in the September quarter, down from $4.7 billion a year earlier, and declined 22.9% quarter-on-quarter (QoQ) in constant currency terms. Large deal bookings came in at $0.7 billion, marking a sharp 58.6% QoQ decline in constant currency terms.
(more to come)
A Ksheerasagar
Ksheera Sagar has been working as a Market Research Analyst at LiveMint for the past four years, covering stocks, commodities, and broader financial markets. In this role, he closely tracks daily market movements, corporate earnings, sector trends, and macroeconomic developments. <br><br> He has over a decade of experience in the financial services industry and has previously worked with multiple organisations, including global investment bank J.P. Morgan, bringing strong research experience into the newsroom. <br><br> During his career, he has gained extensive exposure to equity research, market analysis, and financial data interpretation, strengthening his expertise across asset classes and market cycles. <br><br> He is known for his data-driven analysis and crisp, listicle-style market stories that break down complex financial developments across key markets for a wide audience. His strong research skills enable him to write detailed and insightful stories on stocks and sectors, focusing on the underlying factors driving market movements. <br><br> His work combines quantitative insights with clear storytelling, presenting financial developments in a clear and structured manner. Moreover, he enjoys writing multibagger and listicle-style copies. Outside of work, Ksheera enjoys playing the piano and exploring new places. He has a keen interest in travel, music, and continuously learning about global markets and economic trends.
Get Latest real-time updates
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
✕
Wait for it…
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.