Wipro Q2FY25 results: Net profit rises 21% to Rs 3,201 cr, revenue down 1%

Bengaluru-based IT services major Wipro’s net profit increased 21.3 per cent year-on-year (Y-o-Y) to Rs 3,201 crore for the second quarter of FY25. Sequentially, the net profit rose 6.8 per cent.

Revenue for the quarter stood at Rs 22,300 crore, down 1 per cent Y-o-Y but up 1.5 per cent quarter-on-quarter (Q-o-Q). Wipro’s performance exceeded Bloomberg estimates, which had forecasted revenue at Rs 22,234.8 crore and net profit at Rs 3,008 crore.