Wipro Q2FY26: 5 key highlights From Q3 cautious guidance to no decision on wage hike yet

Wipro announced its Q2 FY26 results with a 1.13% YoY rise in profit and 30.9% surge in bookings. The IT major issued cautious Q3 guidance with sequential growth forecast between -0.5% and +1.5% in constant currency terms.

Written by Khushboo Kumari

October 16, 2025 21:30 IST

Wipro Q2FY26: 5 key highlights From Q3 cautious guidance to no decision on wage hike yet

IT firm Wipro has announced its second quarter results. The company has made multiple announcement from sequential growth guidance of -0.5% to +1.5% (in CC terms) to 30.9% rise in Q2 bookings. Here are 5 key takeaways from Q2FY26.

1. Wipro issues cautious Q3FY26 guidance

For the quarter ending December 31, 2025, Wipro expects revenue from its IT Services business segment to range between $2,591 million and $2,644 million. This indicates a sequential growth guidance of -0.5% to +1.5% in constant currency terms. The forecast excludes any potential revenue contribution from the recently announced acquisition of Harman Digital Transformation Solutions.

2. Wipro Q2 bookings rise 30.9%

Wipro reported total bookings worth $4.7 billion for the quarter ended September 30, marking a strong 30.9% year-on-year growth in constant currency terms. Large deal bookings stood at $2.9 billion, up 6.7% sequentially and a robust 90.5% year-on-year.CEO Srini Pallia also noted: “Our strategy is clear: remain resilient, adapt to global shifts, and lead with AI.”

3. Attrition eases in Q2 FY26

Wipro’s total headcount stood at 235,492 employees as of September 30 this year, compared to 233,232 in the previous quarter. The company’s voluntary attrition rate (trailing 12 months) improved slightly to 14.9%, down from 15.1% in the June quarter. Employee benefit expense: Rs 136,163 million, up from Rs 134,275 million in the previous quarter.

4. Wipro’s profit up 1.13%

Wipro reported a muted performance in the second quarter of FY26, with consolidated net profit rising marginally by 1.13% year-on-year to Rs 3,262.4 crore, compared to Rs 3,226 crore in the same quarter last year.Revenue growth also remained largely flat, increasing by 1.77% year-on-year to Rs 22,697.3 crore in Q2 FY26, up from Rs 22,301.6 crore in the corresponding period of the previous fiscal.

5. Key announcements

The Company informed that on August 21, the Company entered into a definitive agreement to acquire the Digital Transformation Solutions (DTS) business unitof HARMAN, a Samsung company for a total consideration including eamouts of $375 million.“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.