Wipro Q2 Results FY27: Wipro Ltd on Thursday reported a sequential decline in its consolidated net profit for the second quarter of the financial year 2026-27, while revenue and operating performance improved. The IT services company’s consolidated net profit declined 4.5 per cent quarter-on-quarter (QoQ) to Rs 3,201 crore in the September quarter from Rs 3,352 crore posted in the previous quarter.
However, Wipro’s consolidated revenue increased to Rs 24,753 crore from Rs 24,479 crore in the preceding quarter, registering a growth of around 1.1 per cent QoQ.
Wipro’s earnings before interest and tax (EBIT) rose 4 per cent to Rs 3,986 crore in Q2 FY27 from Rs 3,829 crore in the previous quarter. The EBIT margin improved to 16.1 per cent from 15.6 per cent in Q1 FY27.
Wipro Q2 results FY27 – Key highlights
- Revenue rises 1.1% QoQ to Rs 24,753 crore
- EBIT at Rs 3,986 crore; below estimates
- EBIT margin at 16.1%; misses estimates
- PAT falls 4.5% QoQ to Rs 3,201 crore
- IT services revenue up 0.9% QoQ to Rs 24,667 crore
- IT services EBIT rises 3.9% QoQ to Rs 4,073 crore
- IT services margin improves to 16.5% from 16%
- Dollar revenue nearly flat at $2,611.5 million
- TCV at $2.595 billion
- LTM attrition at 13.8%