India's fourth-largest IT services firm, Wipro, released the second-quarter earnings report on October 16.
Wipro reported a bigger-than-expected revenue for the second quarter, and informed a 1.8 per cent increase YoY and a rise of 2.5 per cent QoQ in gross revenue at Rs 227 billion.
The report also mentioned that the IT services segment revenue was at $2,604.3 million, that corresponds to an increase of 0.7 per cent QoQ and a decrease of 2.1 per cent that was seen in YoY.
The Bengaluru-headquartered firm reported the net income for the quarter at Rs 32.5 billion, which corresponds to a 1.2 per cent increase YoY and a decrease of 2.5 per cent QoQ.
For the quarter ending December 31, 2025, Wipro informed that revenue from the IT Services business segment would be in the range of $2,591 million to $2,644 million. This translates to sequential guidance of (-)0.5% to (+)1.5% in constant currency terms.
“Our revenue momentum is strengthening, with Europe and APMEA returning to growth, and our operating margins holding steady within
the 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," said Srini Pallia, CEO and Managing Director.
