Wipro sees minor decline in Q2 consolidated net profit

Wipro has reported its results for the second quarter ended September 30, 2026 (Q2FY27). The company has reported a 9.51% rise in its net profit at Rs 2,862.70 crore for the quarter ended September 30, 2026, as compared to Rs 2,614.20 crore for the same quarter in the previous year. Total income increased by 5.09% to Rs 19,612.10 crore for Q2FY27 as compared to Rs 18,662.30 crore for the corresponding quarter of the previous year. On a consolidated basis, the company has reported a marginal 1.40% decline in its net profit at Rs 3,200.60 crore for Q2FY27, as compared to Rs 3,246.20 crore for the same quarter in the previous year. However, total income increased by 7.88% to Rs 25,508.20 crore for Q2FY27 as compared to Rs 23,645.00 crore for the corresponding quarter of the previous year. View : - Although revenue figures point to weak demand, hitting consensus expectations after a series of recent misses provided a floor for the stock. Nonetheless, it remains the Nifty IT index's worst performer this year, having shed roughly 35% of its value. - Operating cash flow rose 61.3% sequentially to ₹5,300 crore, converting at an outstanding 165.8% of net income. - Faced with flat organic revenue growth, Wipro turned to intense cost-management strategies, slashing over 6,500 roles during the quarter to defend its bottom line. - The long-term structural outlook for Wipro Limited depends heavily on executing its strategic turnaround, navigating industry-wide demand shifts, and stabilizing its volatile order book.

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