WIWipro507685Information technology services

Wipro's Q2 results showed flat constant currency growth, a miss on net profit and margins, while revenue was largely in line with estimates

By ScoutQuest · Thu 15 Oct 2026, 3:56 PM IST · 1 min read

Revenue growth

1.1 percent

EBIT growth

4.1 percent

Margin uptick

40 bps

Net profit decline

4.5 percent

Total bookings

2.6 billion dollar

Heard on business television between 16:06:04 - 16:09:04 IST.

• Revenue grew 1.1%, roughly in line with the expected 0.9% uptick.
• EBIT grew 4.1% versus an expected 4.9%, a slight miss.
• Margins rose 40 bps versus an expected 56 bps uptick, a slight miss.
• Net profit fell nearly 4.5% versus an expected 1.4% decline, called a big miss.
• Total bookings came in at $2.6 billion, down 23% QoQ, and large deal wins fell 56% QoQ to $0.7 billion.
• Company maintained its Q3 guidance of -1.5% to +0.5%, seen as mildly positive given Q3 is typically a weaker quarter.
• CC growth came in at flat 0% versus an expected -1.5% to -0.5%, viewed as a positive surprise.
• A commentator said valuations are cheap enough that there is little downside, but awaited management commentary on order book conversion into revenue.

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