Wipro on October 17 reported a 1.15 percent increase in consolidated profit after tax at Rs 3,246 crore for the quarter ended June 30, 2025. The IT major had posted a profit after tax of Rs 3,209-crore in the same period a year ago, the company said in a regulatory filing.
The consolidated revenue from operations of Wipro was up marginally by 2 percent to Rs 22,697-crore during the July-September period from Rs 22,302-crore in the year-ago period. This was below CNBC-TV18's poll estimate of Rs 22,700 crore.
"Our revenue momentum is strengthening, with Europe and APMEA (Asia Pacific, Middle East, and Africa) returning to growth, and our operating margins holding steady within the narrow band. Bookings surpassed $9.5 billion for H1-FY26," said Srini Pallia, CEO and Managing Director, Wipro.
" Our strategy is clear: remain resilient, adapt to global shifts, and lead with AI (Artificial Intelligence). I am excited to bring Wipro Intelligence to our clients, helping them scale confidently and shape the future in an AI-first world," Pallia added.
Wipro Intelligence is a unified suite of the IT firm's AI-powered platforms and solutions and transformative offerings.
Wipro stated that it expects revenue from the company's IT Services business segment to be in the range of $2,591 million to $2,644 million. This translates to sequential guidance of (-)0.5% to (+)1.5% in constant currency terms, it stated. This does not include any expected revenue from the recently announced acquisition of Harman Digital Transformation Solutions.
Wipro CFO Aparna Iyer said, “We are gradually returning to growth trajectory with three of our four SMUs (Strategic Market Units) growing sequentially in Q2. All key financial parameters continue to remain strong."
Wipro's large deal bookings in the first two quarters have now surpassed the large deal booking for full year FY25, she said.
In Q2, the Bengaluru-based company won large deals worth $2.85 billion, higher than $2.67 billion it won in the last quarter. The company’s total deal wins stood at $4.67 billion, down 6.7 percent from $4.97 billion in the previous quarter but up 30.9 percent on a yearly basis on a constant currency basis.
"Our adjusted margins for Q2 expanded by 0.4% YoY. EPS for the quarter grew 1% YoY. Lastly, our cash flow conversion continues to remain strong with operating cash flow at 104% of our net income for Q2,” Iyer added.
Shares of Wipro settled higher at Rs 253.70 per share on the NSE, rising 1.39 percent.
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