Wipro Ltd – Growth modest, but strategy shifting

Wipro reported a Q2 FY26 net profit of ~₹3,246 crore (up ~1.15% YoY) with revenue at ~₹22,697 crore (up ~1.7% YoY). The company added over 2,200 employees in the quarter and noted Europe & APMEA markets returning to growth. However, shares fell nearly 5% on weak margin commentary and cautious outlook. Why it matters: The modest growth numbers signal some recovery, and the geographic and hiring momentum hint at a rebound path. Watch-out: Margin pressure remains real; strategic deals and integration must play out well for meaningful upward move. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes ***** must verify information before investing and consider their financial position & risk profile.