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.
