Wipro Q2 Results: Net profit declines marginally to Rs 3,201 crore, but revenue rises 9% YoY

IT major Wipro on Thursday reported a 1.4% year-on-year decline in its net profit to Rs 3,201 crore in the second quarter of FY27 (Q2FY27), while it fell 4.7% sequentially from Q1FY27. The company’s gross revenue rose 9.1% year-on-year to Rs 24,752.7 crore in Q2FY27. On a sequential basis, revenue slipped 1.1%.

Revenue from the IT services segment increased 0.3% year-on-year to $2,611.5 million.