IT services providers Wipro and Tech Mahindra will announce their Q2 FY27 results on October 15 after market hours, with investors tracking revenue growth and operating margins.
In Q1 FY27, Wipro reported a 1.5% quarter-on-quarter increase in consolidated revenue, while revenue grew 9.7% year-on-year to Rs 25,458 crore.
Net profit fell 4.7% sequentially but rose 0.6% year-on-year to Rs 3,356.3 crore.
Systematix Institutional Equities expects Wipro's constant-currency revenue to decline 0.6% quarter-on-quarter.
According to an analysts' poll by CNBC-TV18, Wipro's revenue is projected to rise to Rs 24,733 crore from Rs 24,278.6 crore in the June quarter. Earnings before interest and taxes (EBIT) margin is expected to remain unchanged at 16%.