Mumbai, Oct 16
IT major Wipro on Thursday reported a 2.5 per cent quarter-on-quarter (QoQ) decline in its consolidated net profit to Rs 3,246 crore for the July–September quarter (Q2) of FY26, compared to Rs 3,330 crore in the previous quarter (Q1 FY26).
However, the company’s profit rose 1.2 per cent year-on-year (YoY) for the July–September quarter, compared to Rs 3,209 crore in the same period last financial year (Q2 FY25), as per its stock exchange filing.
For the next quarter, Wipro expects revenue from its IT services business to be in the range of $2,591 million to $2,644 million, translating to a sequential growth guidance of -0.5 per cent to +1.5 per cent in constant currency terms.
Earnings per share for the quarter stood at Rs 3.1, showing a 2.5 per cent drop from the previous quarter and a 1 per cent increase compared to last financial year.