Wipro Q2 Results: Net profit rises to Rs 3,246 crore; large deal wins soar 91% YoY

  • Wipro Q2 results show a 1.1% year-on-year rise in net profit to Rs 3,246 crore.

  • Wipro earnings boosted by a 91% increase in large deal wins, touching $2.85 billion.

  • IT services revenue guidance for Q3 set between $2,591 million and $2,644 million.

    Wipro Q2 Results show steady profit growth despite global challenges

    Wipro Q2 results for the September 2025 quarter reflect steady growth and resilience amid a mixed global business environment. The Bengaluru-based IT major posted a net profit of Rs 3,246 crore, up 1.1% year-on-year compared to Rs 3,208 crore in the same quarter last year. However, on a sequential basis, profit dipped 2.5% from Rs 3,330 crore recorded in the June 2025 quarter.

    The Wipro Q2 results were announced after market hours on Thursday. Following the announcement, Wipro’s stock closed 1.42% higher at Rs 253.75, up from the previous close of Rs 250.20, showing investor confidence in the company’s long-term performance.


    Wipro Earnings driven by solid revenue performance

    Wipro earnings for the quarter showed a 1.77% increase in total revenue, which stood at Rs 22,697.3 crore, compared to Rs 22,301.6 crore in the same quarter of 2024. The IT services segment contributed the bulk of this revenue, reaching $2,604.3 million, representing a 0.7% QoQ growth and a 2.1% decline YoY.

    The company’s management attributed this growth to an uptick in demand from clients in Europe and APMEA (Asia Pacific, Middle East, and Africa) regions, which returned to growth during the quarter. Despite macroeconomic pressures, Wipro’s focus on automation, AI, and digital transformation continued to support stable revenue trends.


    Wipro Q2 Results highlight strong deal momentum

    A major highlight of the Wipro Q2 results was the sharp 91% year-on-year jump in large deal wins, reaching $2,853 million in constant currency terms. On a quarter-on-quarter basis, this marks a 6.7% growth.

    Overall, deal bookings for Q2 stood at $4.7 billion, reflecting strong demand for large-scale digital transformation and technology modernization projects. The company also reported that total bookings for the first half (H1) of FY26 have surpassed $9.5 billion, underscoring strong business momentum across key verticals such as BFSI, manufacturing, and healthcare.


    Wipro Earnings supported by steady operating margins

    The Wipro earnings statement showed that the company managed to maintain stable operating margins, even with slight quarterly profit moderation. This stability came from cost optimization measures, efficient resource management, and the company’s shift toward higher-value AI and digital services.

    CEO and Managing Director Srini Pallia said:

    “Our revenue momentum is strengthening, with Europe and APMEA returning to growth, and our operating margins holding steady within a 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.”


    Wipro Q2 Results reflect growing global footprint

    The Wipro Q2 results indicate that the company’s strategy to strengthen its international presence is paying off. Growth in the European and APMEA markets helped offset slower performance in North America, which remains affected by client spending cuts in discretionary IT projects.

    Wipro’s investments in regional delivery centers and its partnerships with global enterprises have improved client retention rates and increased repeat business. The company’s push into AI-first solutions and digital cloud transformations is also positioning it competitively among global IT peers.


    Wipro Earnings guidance shows cautious optimism

    For the upcoming quarter, Wipro earnings guidance for its IT services business is set in the range of $2,591 million to $2,644 million, translating to a sequential growth outlook of (-)0.5% to (+)1.5% in constant currency terms.

    This projection reflects cautious optimism, given ongoing macroeconomic challenges. Importantly, this forecast does not yet include potential contributions from Wipro’s recent acquisition of Harman Digital Transformation Solutions, which could further strengthen its digital and AI capabilities in future quarters.


    Wipro Q2 Results: Focus on AI-first transformation strategy

    As seen in the Wipro Q2 results, the company is now prioritizing AI-driven transformation under its new brand initiative — Wipro Intelligence. This platform aims to help clients implement AI-powered solutions for automation, cybersecurity, and customer experience enhancement.

    Wipro’s leadership believes that this focus on artificial intelligence and cloud-based technologies will be crucial in capturing the next wave of enterprise IT spending. The company plans to invest heavily in AI research, upskilling employees, and forming partnerships with leading global tech firms to strengthen its offerings.


    Wipro Earnings outlook: Long-term stability with innovation

    Despite short-term pressures on margins and client budgets, the Wipro earnings outlook remains stable. Analysts note that Wipro’s steady deal wins, global diversification, and focus on innovation put it in a strong position for sustainable growth.

    The company’s balanced approach — maintaining profitability while investing in next-gen technologies — signals confidence in long-term growth potential. With large deal momentum and consistent operating discipline, Wipro is expected to gradually accelerate revenue growth in FY26.


    Wipro Q2 Results Summary

    • Net Profit: Rs 3,246 crore (up 1.1% YoY, down 2.5% QoQ)

    • Revenue: Rs 22,697.3 crore (up 1.77% YoY)

    • Large Deal Wins: $2.85 billion (up 91% YoY)

    • Total Bookings: $4.7 billion in Q2; $9.5 billion in H1 FY26

    • EPS: Rs 3.1, up 1% YoY, down 2.5% QoQ

    • IT Services Guidance: $2,591–$2,644 million (CC growth: -0.5% to +1.5%)