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WIPRO
Q2 FY27 Results: Net Profit Drops 4.5% QoQ to ₹3,201 Crore; Q3 Revenue Outlook Remains Soft
Wipro Limited reported a sequential decline in profitability for the second quarter of FY27, as consolidated net profit fell 4.5% quarter-on-quarter to ₹3,200.6 crore, falling short of market expectations. However, revenue from operations registered modest growth during the period.
📊 Key Q2 FY27 Highlights:
🔹 Net Profit: Declined 4.5% QoQ to ₹3,200.6 crore.
🔹 Revenue from Operations: Increased 1.1% QoQ to ₹24,752.7 crore.
🔹 Q3 FY27 Guidance: Wipro expects sequential IT services revenue growth in the range of -1.5% to +0.5%, indicating a subdued near-term outlook.
🔹 Operating Margins: Improved during the quarter, providing some support amid mixed financial performance.
📌 Market Outlook: While Wipro recorded modest revenue growth and better operating margins, the decline in net profit and cautious third-quarter guidance may keep investor sentiment in focus.
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