Wipro posts subdued Q2 net profit at ₹3,246 crore

Wipro Ltd, Azim Premji-promoted tech and integer services firm, connected Thursday reported nett net of ₹3,246 crore for September ended quarter, a marginal maturation implicit ₹3,208 crore reported successful the aforesaid play a twelvemonth ago.

The tech firm’s gross from operations grew to ₹22,697.3 crore, up 1.7% year-on-year from ₹22,301 crore. Revenue from accusation exertion (IT) services concern was $2.6 billion, an summation of 0.7% QoQ and a alteration of 2.1% YoY.

The institution saw full contracts worthy $4.7 cardinal during the 4th with 13 large deals accounting for $2.9 billion.

On guidance, Wipro expects gross from its IT Services concern conception to beryllium successful the scope of $2,591 cardinal of $2,644 million. This translates to sequential guidance of (-)0.5% to (+)1.5% successful changeless currency terms.

According to Srini Pallia, CEO and Managing Director, bookings surpassed $9.5 cardinal for H1 FY26. “Our strategy is clear: stay resilient, accommodate to planetary shifts, and pb with AI.’‘

Aparna Iyer, Chief Financial Officer, said “We are gradually returning to maturation trajectory with 3 of our 4 SMUs (strategic marketplace units) increasing sequentially successful Q2. All cardinal fiscal parameters proceed to stay strong.’‘

In his commentary astatine a media conference, Mr. Pallia said, “We proceed to spot momentum successful BFSI, with clients prioritising outgo optimisation, vendor consolidation, bequest modernisation, and scaled deployment of Agentic AI.’‘

However, helium said tariff uncertainties continued to interaction the consumer, vigor and manufacturing sectors and starring customers were re-evaluating proviso chains.

In exertion and communications, the absorption was connected accelerating AI adoption and processing industry-specific solutions, with outgo optimisation remaining central, helium observed.

“Healthcare, particularly successful the U.S., is undergoing structural changes. We are actively supporting clients done this transition, and the assemblage remains 1 of our beardown performers,’‘ helium added.

According to Mr. Pallia, overmuch of this request is driven by vendor consolidations, AI-powered transformations, and consulting-led programmes—areas wherever our strategy is genuinely making an impact.

Wipro added 2,260 radical successful Q2 taking the full headcount to 235,492, Sequentially, the attrition decreased to 14.9%for the last-twelve-month (LTM) basis.