Wipro507685Information technology services
Wipro's Q2 results were mixed, with revenue rising 1.1% sequentially to Rs 25,753 crore but net profit falling 4.5% quarter-on-quarter to Rs 3,201 crore; CEO Srini Pallia outlined the company's inorganic growth strategy
By ScoutQuest · · 1 min read
- Revenue Q2
- Rs 25,753 crore
- Revenue growth QoQ
- 1.1 percent
- Net profit Q2
- Rs 3,201 crore
- Net profit decline QoQ
- 4.5 percent
Heard on business television between 16:14:16 - 16:17:16 IST.
- Revenue rose 1.1% sequentially to Rs 25,753 crore, largely in line with estimates.
- Net profit declined 4.5% quarter-on-quarter to Rs 3,201 crore, missing street expectations.
- CEO Srini Pallia said inorganic strategy must align with a consulting-led, AI-powered approach and target prioritized sectors and markets.
- He cited Harman DTS acquisition for design-to-manufacturing capabilities and Mindspin (via the Ola deal) for agribiz and supply chain capabilities as examples.
- Company continues to see a challenging demand environment even as execution remains steady.
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Source: Live TV News Channel · 16 Oct 2026
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