Wipro Share Price

Profit before tax (PBT) stood at Rs 4282.4 crore in Q2 FY26, up 0.11% YoY and 0.57% QoQ.

In dollar terms, Wipro's gross revenue for Q2 FY26 stood at $2,556.6 million, registering a increase of 2.5% QoQ and 1.8% YoY. The revenue from its IT services segment was $2,604.3 million, up 0.7% QoQ and down 2.1% YoY.

IT services operating margin for Q2 FY26 was 16.7%, impacted by a provision of Rs 116.5 crore ($13.1 million) made with respect to bankruptcy of a customer. Adjusted for this event, IT Services Margin for the quarter was 17.2%, contraction of 0.1% QoQ and expansion of 0.4% YoY.

During the quarter, total bookings stood at $4,688 million, down by 6.1% QoQ and up by 30.9% YoY in constant currency. Large deal bookings stood at $2,853 million, an increase of 6.7% QoQ and 90.5% YoY in constant currency.

The company said that its closing employee count in IT Services stood at 235,492 in Q2 FY26. Voluntary attrition was at 14.9% on a trailing 12-month basis.

The company expects revenue from IT services business segment to 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. The guidance stated above does not include any expected revenue from the recently announced acquisition of Harman Digital Transformation Solutions.

Srini Pallia, CEO and managing director, said “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.”

Aparna Iyer, chief financial officer, said “We are gradually returning to growth trajectory with three of our four SMUs growing sequentially in Q2. All key financial parameters continue to remain strong. Our large deal bookings in the first two quarters have now surpassed the large deal booking for full year FY’25. Our adjusted margins for Q2 expanded by 0.4% YoY. EPS for the quarter grew 1% YoY. Lastly, our cash flow conversion continues to remain strong with operating cash flow at 104% of our net income for Q2.”

Wipro is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs.

Wipro Ltd lost 3.88% today to trade at Rs 243.9. The BSE Information Technology index is down 0.89% to quote at 34421.41. The index is down 3.82 % over last one month. Among the other constituents of the index, BLS E-Services Ltd decreased 2.52% and VL E-Governance & IT Solutions Ltd lost 2.44% on the day. The BSE Information Technology index went down 20.21 % over last one year compared to the 2.89% surge in benchmark SENSEX.

Wipro Ltd has lost 4.03% over last one month compared to 3.82% fall in BSE Information Technology index and 0.79% rise in the SENSEX. On the BSE, 1.12 lakh shares were traded in the counter so far compared with average daily volumes of 3.83 lakh shares in the past one month. The stock hit a record high of Rs 324.55 on 23 Jan 2025. The stock hit a 52-week low of Rs 225.05 on 07 Apr 2025.

Wipro Ltd rose for a third straight session today. The stock is quoting at Rs 253.96, up 1.5% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.69% on the day, quoting at 25497.7. The Sensex is at 83201.04, up 0.72%. Wipro Ltd has dropped around 0.07% in last one month.

Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has dropped around 2.78% in last one month and is currently quoting at 35401.8, up 0.1% on the day. The volume in the stock stood at 60.67 lakh shares today, compared to the daily average of 90.21 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 254.15, up 1.61% on the day. Wipro Ltd is down 3.94% in last one year as compared to a 3.02% gain in NIFTY and a 17.08% gain in the Nifty IT index.

The PE of the stock is 21.61 based on TTM earnings ending June 25.

Profit before tax (PBT) stood at Rs 4282.4 crore in Q2 FY26, up 0.11% YoY and 0.57% QoQ.

In dollar terms, Wipro's gross revenue for Q2 FY26 stood at $2,556.6 million, registering a increase of 2.5% QoQ and 1.8% YoY. The revenue from its IT services segment was $2,604.3 million, up 0.7% QoQ and down 2.1% YoY.

IT services operating margin for Q2 FY26 was 16.7%, impacted by a provision of Rs 116.5 crore ($13.1 million) made with respect to bankruptcy of a customer. Adjusted for this event, IT Services Margin for the quarter was 17.2%, contraction of 0.1% QoQ and expansion of 0.4% YoY.

During the quarter, total bookings stood at $4,688 million, down by 6.1% QoQ and up by 30.9% YoY in constant currency. Large deal bookings stood at $2,853 million, an increase of 6.7% QoQ and 90.5% YoY in constant currency.

The company said that its closing employee count in IT Services stood at 235,492 in Q2 FY26. Voluntary attrition was at 14.9% on a trailing 12-month basis.

The company expects revenue from IT services business segment to 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. The guidance stated above does not include any expected revenue from the recently announced acquisition of Harman Digital Transformation Solutions.

Srini Pallia, CEO and managing director, said “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.”

Aparna Iyer, chief financial officer, said “We are gradually returning to growth trajectory with three of our four SMUs growing sequentially in Q2. All key financial parameters continue to remain strong. Our large deal bookings in the first two quarters have now surpassed the large deal booking for full year FY’25. Our adjusted margins for Q2 expanded by 0.4% YoY. EPS for the quarter grew 1% YoY. Lastly, our cash flow conversion continues to remain strong with operating cash flow at 104% of our net income for Q2.”

Wipro is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs.

The scrip advanced 1.42% to end at Rs 253.75 on the BSE.