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Technology

Wipro Q2 Results: Net profit declines marginally to Rs 3,201 crore, but revenue rises 9% YoY

Economic Times - Tech ·
Wipro Q2 Results: Net profit declines marginally to Rs 3,201 crore, but revenue rises 9% YoY

Wipro Q2 Results: Wipro reported a 1.9% 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.

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