# Wipro Q2 net profit falls 1.4%, revenue rises 9%

2026-10-15T12:28:52+00:00 | Governance | Indian Opinion Desk

Corroboration: 6 independent outlets (7 source reports)

Wipro reported a consolidated net profit of ₹3,200.6 crore for the September quarter of FY27, down 1.4% year-on-year from ₹3,246.2 crore. Revenue from operations rose 9.1% to ₹24,752.7 crore. The IT services operating margin stood at 16.5%, up 0.5 percentage points sequentially but down 0.2 percentage points from a year ago. In dollar terms, IT services revenue was $2.61 billion, flat sequentially and up 0.3% year-on-year. Total bookings fell 22.9% sequentially to $2.595 billion on a constant-currency basis, while large-deal bookings dropped 58.6% to $674 million. For the December quarter, Wipro expects IT services revenue to range between $2.571 billion and $2.625 billion, implying sequential growth of -1.5% to 0.5% in constant currency terms.

## Indian Opinion Analysis

All seven sources reported Wipro’s Q2 numbers in near-identical terms: net profit down between 1.4% and 1.9% year-on-year, revenue up about 9%, and an IT services margin of 16.5%. Business Standard and The Hindu Business Line led with the 1.4% profit drop, Fortune India and Livemint led with 1.9%. The only framing difference was emphasis: CNBC-TV18’s two articles focused on the Q3 guidance range of -1.5% to 0.5% and the ADR reaction, while the broader set centred on the profit decline. The uniform straight reporting across outlets leaves the key watch-item as the December-quarter revenue outcome, which Wipro has guided at between a 1.5% fall and a 0.5% rise in constant currency terms.

## Coverage

Coverage: 7 sources, 7 neutral
- business-standard.com (neutral report) <https://www.business-standard.com/companies/quarterly-results/wipro-q2-results-net-profit-falls-1-4-to-3-200-6-cr-revenue-rises-9-126101500857_1.html>
  Led with profit fall and margin detail, neutral
- livemint.com (neutral report) <https://www.livemint.com/market/stock-market-news/wipro-q2-results-net-profit-falls-2-yoy-to-rs-3-200-crore-revenue-rises-9-11792059725645.html>
  Led with 2% profit fall, but neutral throughout
- fortuneindia.com (neutral report) <https://www.fortuneindia.com/business-news/wipro-q2-results-net-profit-falls-19-yoy-to-3200-crore-q3-revenue-growth-seen-at-15-to-05/164993>
  Led with 1.9% profit fall, straight numbers
- cnbctv18.com (neutral report) <https://www.cnbctv18.com/market/wipro-adr-falls-q3-result-revenue-growth-guidance-20012756.htm>
  Led with ADR reaction and Q3 outlook
- cnbctv18.com (2) (neutral report) <https://www.cnbctv18.com/market/wipro-q2-results-guidance-for-q3-ebit-margin-cc-revenue-deal-wins-share-price-20012705.htm>
  Led with Q3 guidance, poll comparison
- thehindubusinessline.com (neutral report) <https://www.thehindubusinessline.com/info-tech/wipro-q2-revenue-grows-91-as-european-client-spending-revives-ai-unlocks-new-revenue/article71587632.ece>
  Led with 1.4% profit fall, CEO quote
- economictimes.indiatimes.com (neutral report) <https://economictimes.indiatimes.com/markets/stocks/earnings/wipro-q2-results-net-profit-declines-2-yoy-to-rs-3201-crore-but-revenue-rises-9/articleshow/134964633.cms>
  Led with profit decline and summary box

This brief was synthesised by AI from the 7 sources linked above, so one read covers every framing they carry.

Tags: Aparna Iyer, Bengaluru, IT services, Srini Pallia, Wipro
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How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/
