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Wipro Q2 Results: Net profit declines 2% YoY to Rs 3,201 crore, but revenue rises 9%

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Core Development: Wipro Q2 Results: Net profit declines 2% YoY to Rs 3,201 crore, but revenue rises 9%
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Market & Financial Impact: 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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Actionable Insight: 📊 Earnings Focus: Assess quarterly EBITDA margins, year-over-year revenue, and management guidance.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on Economic Times ↗
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