‹ All Posts
Ankush Sanodiya

14 mins ago · SEBI Registration INH000021234

Wipro Strengthens Americas Leadership; Q2 FY27 OM

WIPRO Wipro has appointed Angan Guha as President and Chief Executive Officer of its Americas 2 Strategic Market Unit, effective November 6, 2026. The leadership appointment is aimed at strengthening the company's regional business operations and deepening customer relationships in a strategically important market. The move comes as Wipro continues to focus on AI-led technology services, consulting and digital transformation to drive business growth. In its Q2 FY27 results announced on October 15, Wipro reported consolidated revenue of ₹24,750 crore, registering 9.1% year-on-year growth. IT services revenue stood at $2.61 billion, while the operating margin expanded by 0.5 percentage points sequentially to 16.5%. Net income was ₹3,200 crore, down 1.9% year-on-year, while operating cash flow reached ₹5,300 crore, equivalent to 165.8% of net income. During the quarter, Wipro reported total bookings of $2.595 billion, including large deal bookings of $674 million. The company continues to pursue AI-focused transformation opportunities and strategic enterprise engagements across banking, healthcare, technology and other industries. Investors will monitor deal conversion, IT services revenue growth, margins and demand for AI-led solutions in the coming quarters.

#StockInNews
3 likes·2 comments