Wipro Ltd. has provided its financial outlook and performance for the September 2025 quarter, alongside a forecast for Q3.

For the quarter ended September 30, 2025, Wipro reported IT services revenue of ₹22,641 crore, marking a 2.5% sequential increase. IT EBIT experienced a 6% quarter-on-quarter rise to ₹3,783 crore, improving the IT EBIT margin to 16.7% from 16.2% in the prior quarter. Net income for the period was ₹32.5 billion ($365.6 million), up 1.2% year-on-year. Operating cash flow remained robust at ₹33.9 billion ($381.5 million), representing 103.8% of net income. The company noted its adjusted operating margin expanded 0.4% year-on-year. Looking ahead, Wipro projects IT services revenue for the December 2025 quarter (Q3) to be between $2,591 million and $2,644 million. This guidance translates to a sequential constant currency growth range of -0.5% to +1.5%, excluding the impact of the recently announced acquisition of Harman Digital Transformation Solutions. The company highlighted strong business momentum, with large deal bookings in the first half of FY26 already surpassing the full-year large deal bookings for FY25. Total bookings for H1 FY26 exceeded $9.5 billion. CEO Srini Pallia emphasized strengthening revenue momentum, with Europe and APMEA returning to growth, and the focus on an AI-first strategy, including the launch of Wipro Intelligence™. CFO Aparna Iyer noted that three of the four Strategic Market Units (SMUs) grew sequentially in Q2, underscoring the gradual return to a growth trajectory. Voluntary attrition on a trailing 12-month basis stood at 14.9%. The results were announced after market close, with Wipro's shares ending the day at ₹253.60, up 1.36% on the BSE.