Wipro Q2 Results: Net Profit Declines Marginally to Rs 3,201 Crore, but Revenue Rises 9% YoY
- Tech Mahindra reported a consolidated net profit of Rs 1,585.6 crore for July–September FY2026-27, up 32.74% from the previous year.
- The company’s operating revenue rose 15.6% year over year to Rs 16,180.2 crore.
- Tech Mahindra reported new deal wins worth USD 1,023 million, a 25.4% increase from a year earlier.
- CEO and Managing Director Mohit Joshi said the company’s customer relationships and deal wins showed sustained business momentum as Tech Mahindra marked its 40th anniversary.
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What Wipro (WIT) Said on Its Q2 Earnings Call
Wipro (NYSE:WIT) reported flat sequential IT services revenue for its fiscal second quarter ended Sept. 30, 2026, as demand remained centered on cost efficiency and productivity initiatives, while clients increasingly pursued artificial intelligence-led transformation programs. Chief Executive Offi
Wipro Q2 Results: Net profit declines marginally to Rs 3,201 crore, but revenue rises 9% YoY
Wipro Q2 Results: Wipro reported a 1.4% 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.
India’s Wipro beats second-quarter revenue expectations
BENGALURU, Oct 15 (Reuters) - Wipro, India's fourth-largest IT company, reported higher-than-expected second-quarter revenue on Thursday, helped by a revival in spending by its European clients and artificial intelligence unlocking new revenue ...
Wipro Q2 results: Net profit falls 2% YoY to ₹3,200 crore; revenue rises 9%
Wipro reported September-quarter revenue of ₹24,752.7 crore, up 1.1% sequentially and 9.0% year-on-year. Consolidated net profit fell 4.7% quarter-on-quarter to ₹3,199.7 crore and declined 1.9% from a year earlier.
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