In short: Wipro reports Q2 FY27 results on 15 October 2026 after market hours. In Q1 FY27, revenue rose 10.6% to ₹24,479 crore from a year earlier and net profit rose 0.6% to ₹3,352 crore. Things to watch: guidance, mindsprint and margins.
What to watch in Wipro's Q2 FY27 results
- Guidance. Wipro guided IT services revenue of $2,574–2,627 million for this quarter, a change of −1.5% to +0.5% from the June quarter in constant currency. Where revenue lands in that range is the first number to check.
- Mindsprint. The acquisition joined on 15 May 2026, so this is the first full quarter that includes it. Wipro does not split organic and acquired growth.
- Margins. IT services operating margin fell to 16.0% in the June quarter, which Wipro put down to salary increases, the ramp-up of large deals and AI investments. Management's stated aim is 17–17.5%, without a timeline.
- Deals. Total bookings were $3,370 million and large-deal bookings $1,626 million in the June quarter. Management said some deal decisions had slipped into this quarter.
- Share count. The ₹15,000 crore buyback was completed in June 2026, so this is the first full quarter on the lower share count, which affects earnings-per-share comparisons.
Wipro Q1 FY27 results at a glance
- Revenue from operations was ₹24,479 crore, up 10.6% from a year earlier and up 1.0% from the previous quarter.
- Net profit was ₹3,352 crore, up 0.6% from a year earlier and down 4.3% from the previous quarter.
- IT services operating margin was 16.0%, down 130 bps from the previous quarter and down 120 bps from a year earlier.
- IT services revenue was $2,614.5 million. In constant currency, IT services revenue grew 0.9% from a year earlier and fell 1.2% from the previous quarter.
- Total bookings: $3,370 million.
- Headcount was 243,044, up 888 in the quarter. Voluntary attrition in IT services over the last twelve months was 13.9%.
- Interim dividend of ₹2 per share, with a record date of 27 July 2026.
- Guidance for Q2 FY27: IT services revenue of $2,574–2,627 million, a change of −1.5% to +0.5% from the previous quarter in constant currency.
| Q1 FY27 | Q4 FY26 | Q1 FY26 | QoQ | YoY | |
|---|---|---|---|---|---|
| Revenue (₹ crore) | 24,479 | 24,236 | 22,135 | +1.0% | +10.6% |
| Net profit (₹ crore) | 3,352 | 3,502 | 3,330 | −4.3% | +0.6% |
| IT services operating margin | 16.0% | 17.3% | 17.3% | −130 bps | −120 bps |
Wipro revenue, margin and earnings trend
- Revenue went from ₹22,302 crore in Q2 FY25 to ₹24,479 crore in Q1 FY27, rising on the previous quarter in 6 of the last 7 quarters.
- Year-on-year revenue growth over the last 4 quarters ranged from 1.8% to 10.6% in rupees.
- In constant currency, growth on the previous quarter ranged from −2.0% to 1.4% over the last 8 quarters.
- Earnings per share over the last four quarters were ₹12.62, against ₹12.87 in the four quarters before (−1.9%).
- IT services operating margin ranged from 16.0% (Q1 FY27) to 17.6% (Q3 FY26); the latest 16.0% is 160 bps below the high.
| Quarter | Revenue (₹ crore) | YoY | CC growth QoQ | IT services operating margin | EPS (₹) |
|---|---|---|---|---|---|
| Q1 FY27 | 24,479 | +10.6% | −1.2% | 16.0% | 3.20 |
| Q4 FY26 | 24,236 | +7.7% | +0.2% | 17.3% | 3.34 |
| Q3 FY26 | 23,556 | +5.5% | +1.4% | 17.6% | 2.98 |
| Q2 FY26 | 22,697 | +1.8% | +0.3% | 16.7% | 3.10 |
| Q1 FY26 | 22,135 | – | −2.0% | 17.3% | 3.18 |
| Q4 FY25 | 22,504 | – | −0.8% | 17.5% | 3.41 |
| Q3 FY25 | 22,319 | – | +0.1% | 17.5% | 3.21 |
| Q2 FY25 | 22,302 | – | +0.6% | 16.8% | 3.07 |
Constant-currency growth and margin are for the IT services segment. The Q2 FY26 margin includes a ₹116.5 crore provision for a customer's bankruptcy (17.2% excluding it). Earnings per share are adjusted for the 1:1 bonus issue of December 2024, and Q3 FY26 includes a ₹243.8 crore Labour Codes charge after tax. Source: Wipro's quarterly data sheets and results filings.
Wipro Q2 FY27 results: questions
When will Wipro announce Q2 FY27 results?
Wipro reports results for the quarter ended 30 September 2026 on 15 October 2026, after market hours.
What time is the Wipro earnings call?
The earnings call is at 7:00 pm IST on 15 October 2026.
What were Wipro's results last quarter?
In Q1 FY27, revenue from operations was ₹24,479 crore (+10.6% YoY) and net profit was ₹3,352 crore (+0.6% YoY).
What is Wipro's guidance?
Guidance for Q2 FY27: IT services revenue of $2,574–2,627 million, a change of −1.5% to +0.5% from the previous quarter in constant currency.
Other IT Q2 FY27 results
- TCS Q2 FY27 results · 8 October 2026 · net profit +15.0% YoY
- HCLTech Q2 FY27 results · 12 October 2026
- Wipro Q2 FY27 results · 15 October 2026
- Tech Mahindra Q2 FY27 results · 15 October 2026
- Infosys Q2 FY27 results · 23 October 2026
All IT Q2 FY27 results in one place
Sources
- Wipro Q1 FY27 press release
- Wipro Q1 FY27 financial results (Regulation 33 filing)
- Wipro Q1 FY27 data sheet
- Wipro Q1 FY27 earnings call transcript
- Wipro: Q2 results to be announced on 15 October 2026
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