Wipro shares gain 5% as Q2 results beat expectations; brokerages divided

Wipro Q2 results impact: Software company Wipro shares surged up to 5.34 per cent to hit an intraday high of Rs 557.05 per share after Q2FY25 results met Street expectations.

However, Wipro’s American Depositary Receipts (ADRs) settled 1.42 per cent lower at $6.26.

In Q2FY25, Wipro reported a consolidated profit attributable to owners of Rs 3,208.8 crore, marking a 6.85 per cent increase quarter-on-quarter (Q-o-Q) from Rs 3,003.2 crore in Q1FY25. Revenue also saw a modest growth of 1.5 per cent Q-o-Q, rising to Rs 22,301.6 crore from Rs 21,963.8 crore in the previous quarter.