Wipro Q2 Results FY25-26 LIVE Updates: Wipro posted a subdued 1.13 per cent YoY profit growth in the second quarter of FY26. The company posted a consolidated net profit of Rs 3,262.4 crore in Q2 FY26, compared to Rs 3,226 crore in Q2 FY26.
The tech company’s revenue growth also remained almost flat, with just 1.77 per cent YoY consolidated revenue growth in the quarter. Wipro’s revenue in Q2 FY26 stood at Rs 22,697.3 crore, while its revenue in the corresponding quarter of the previous fiscal year was Rs 22301.6 crore.
Wipro estimated revenue from its IT Services business segment to be in the range of $2,591 million and $2,644 million for the quarter ending December 31, 2025. This implies a sequential growth of -0.5% to +1.5% in constant currency terms.
The report noted that the forecast does not include any revenue from the recently announced Harman Digital Transformation Solutions acquisition.
Wipro Q2 Earnings LIVE, Wipro Q2FY26 Results, Share Price Highlights:
Wipro Q2 Results, Earnings LIVE Updates: Nomura expects Wipro’s revenue growth to pick up in H2FY26
Nomura said , “The timely ramp-up of these deals and a healthy pipeline should help Wipro’s revenue growth improve from the second half of FY26.”
Wipro booked deals worth $4.69 billion in Q2, up 32% year-on-year, including large deals of $2.85 billion, up 92% year-on-year. The firm said the strong deal flow was helped by vendor consolidation and cost-cutting opportunities as clients looked for efficiency in an uncertain macro environment.
"We forecast Year on Year US dollar revenue growth of -0.8% in FY26F and +2.9% in FY27F," Nomura added.
Wipro Q2 Results, Earnings LIVE Updates: Nomura sees stable outlook for Wipro
Nomura said, "We have made small changes to our EPS estimates for Wipro — up 1.8% for FY26, down 0.7% for FY27, and down 0.8% for FY28 — mainly due to changes in EBIT margin for FY26."
The brokerage added, "Our target price remains unchanged at Rs 280, based on 22 times FY27 estimated EPS."
"After recent increase in the return of capital to shareholders under the revised capital allocation policy, Wipro’s FY27F dividend yield is approximately 4%," Nomura noted in its report.
Wipro Q2 Results, Earnings LIVE Updates: 'IT sector shows signs of recovery,' says Elara Capital
Elara Capital highlights, "Indian IT firms Infosys, Wipro and LTIMindtree beat estimates for quarterly revenue on Thursday and pointed to improving demand in the back half of the year as clients show more willingness to fund AI projects, as per Business Standard. Their upbeat results follow a strong showing by market leader Tata Consultancy Services last week and bode well for the USD 283bn sector, which has struggled in the past few quarters as customers cut discretionary spending amid tariff-related uncertainty."
Wipro Q2 Results, Earnings LIVE Updates: Wipro share price
Wipro shares are under pressure. The stock price is down 4.45% intra-day. The Nifty IT Index is also down 1.26%. Over the last 3 months, Wipro has declined 6.84%.
Wipro Q2 Results, Earnings LIVE Updates: Wipro to acquire Harman’s DTS business for $375 million
Wipro announced that it has entered a definitive agreement to acquire Digital Transformation Solutions (DTS) business unit of HARMAN (Samsung) for $375 million, expected to close by Q3 FY26.
“The acquisition is subject to customary closing conditions and regulatory approvals and is expected to be concluded by quarter ending December 31,” the company said in its Q2FY26 release.
Wipro Q2 Results, Earnings LIVE Updates: 'Adapt to global shifts, and lead with AI' says Wipro CEO
Srini Pallia, CEO and Managing Director of Wipro, said “Our revenue momentum is strengthening, with Europe and APMEA returning to growth, and our operating margins holding steady within the narrow band. Bookings surpassed $9.5 billion for H1 FY26. Our strategy is clear: remain resilient, adapt to global shifts, and lead with AI. I am excited to bring Wipro Intelligence™ to our clients, helping them scale confidently and shape the future in an AI-first world.”
1. Net income: Rs 32.5 billion ($365.6 million), down 2.5% QoQ and up 1.2% YoY
2. Earnings per share (EPS): Rs 3.1 ($0.03), down 2.5% QoQ and up 1.0% YoY
3. Operating cash flows: Rs 33.9 billion ($381.5 million), down 17.6% QoQ and 20.7% YoY, representing 103.8% of net income
4. Voluntary attrition: 14.9% on a trailing 12-month basis
1. Gross revenue: Rs 227.0 billion ($2,556.6 million), up 2.5% QoQ and 1.8% YoY
2. IT services revenue: $2,604.3 million, up 0.7% QoQ but down 2.1% YoY
3. Total bookings: $4,688 million, down 6.1% QoQ but up 30.9% YoY in constant currency terms.
4. Large deal bookings: $2,853 million, up 6.7% QoQ and 90.5% YoY in constant currency.
5. IT services operating margin: 16.7%, impacted by a Rs 1,165 million ($13.1 million) provision due to a customer bankruptcy.
IT revenue at Rs 22,641 cr
EBIT at Rs 3,783
EBIT margin at 16.7%
Wipro Q2 Results, Earnings LIVE Updates: Outlook for Q3FY26
Wipro estimated revenue from its IT Services business segment to be in the range of$2,591 million and $2,644 million for the quarter ending December 31, 2025. This implies a sequential growth of -0.5% to +1.5% in constant currency terms.
The report noted that the forecast does not include any revenue from the recently announced Harman Digital Transformation Solutions acquisition.
Wipro Q2 Results, Earnings LIVE Updates: Net Profit up 1.1%
Net profit stood at Rs 3,262.4 crore, up slightly by 1.13% year-on-year.
Revenue stood at Rs 22,697.3 crore, up slightly by 1.77%.
Wipro Q2 Results, Earnings LIVE Updates: Q1FY26 highlights (Part-2)
In the previous quarter, Wipro reported large deal bookings worth $2.7 billion, reflecting a growth of 131% year-on-year. Overall deal bookings stood at $5.0 billion.
The company had also announced an interim dividend of Rs 5 per equity share during the same quarter.
Wipro Q2 Results, Earnings LIVE Updates: Q1FY26 highlights (Part-1)
In the previous quarter (Q1FY26), Wipro reported a net profit of Rs 3,696.10 crore, a surge of 53.70% on a year-on-year basis. Revenue from operations stood at Rs 17,195.40 crore, marking a growth of 2.38% year-on-year.
Investors will be watching out for-
1. Any sizable M&A
2. Any update on growth strategies
3. The pace of GenAI adoption
Investors will be watching out for-
1. Updates on the Phoenix deal signed in Q4FY25
2. Details on the capital allocation policy
3. Update onHarman acquisition
4. US dollar sales growth and margin outlook, especially for 3QFY26E and beyond
5. Margin outlook for the near term as well as the medium to long term
Key factors to watch out for-
1. H-1B visa impact and tariff uncertainties
2. Deal pipeline or TCV large contracts
3. Impact of upfront costs linked to large deals
4. Dividend Announcements
5. Update on European Business
Wipro Q2 Results, Earnings LIVE Updates: Wipro to announce its Q2FY26 results today
Wipro is set to release its second quarter results today after market hour.
“Wipro Limited, a leading AI-powered technology services and consulting company, will announce results for the second quarter ended September 30, 2025, on Thursday, October 16, 2025, after stock market trading hours in India,” the company said in its regulatory filing.
Wipro Q2 Results, Earnings LIVE Updates: Welcome to this LIVE blog
Good morning! The Q2 earnings season continues, with major IT firms like TCS and HCLTech already declaring their results. Now, all eyes are on Wipro as it gears up to announce its Q2 FY26 earnings today. Follow this live blog for real-time updates on Wipro’s financial performance, dividend declaration, and key management insights. Stay tuned for the latest developments as they unfold.
