Wipro reported a stable performance for the second quarter of FY2025-26, with consolidated net profit rising 1.15% year-on-year to ₹3,246 crore and revenue increasing 1.8% YoY to ₹22,697 crore. Despite a challenging global technology landscape, the company demonstrated resilience through consistent execution, strong deal wins, and an increasing focus on AI-led transformation. Attrition during the quarter eased to 14.9%, reflecting steady workforce retention and improving employee engagement.
Commenting on the results, CEO and Managing Director Srini Pallia said, “Our revenue momentum is strengthening, with Europe and APMEA returning to growth, and our operating margins holding steady within the narrow band. Bookings surpassed $9.5 billion for H1 FY26. Our strategy is clear: remain resilient, adapt to global shifts, and lead with AI.”
Wipro’s large deal bookings for the quarter surged 90.5% year-on-year to $2.9 billion, underscoring growing client confidence in its ability to deliver scalable, AI-enabled enterprise solutions. The company’s strategic focus on embedding artificial intelligence into its service portfolio—through initiatives like Wipro Intelligence—is aimed at helping global clients navigate rapid digital transformation and operate efficiently in an AI-first business environment.
Operationally, Wipro maintained steady margins and continued to optimize costs through enhanced automation and improved delivery efficiencies. The company’s balanced growth across geographies, with Europe and APMEA (Asia Pacific, Middle East, and Africa) returning to positive momentum, further reinforced its global competitiveness.
Wipro’s Q2 results come at a time when India’s IT sector is showing consistent, though moderate, recovery trends. Industry peers HCLTech, Tata Consultancy Services, and Tech Mahindra also posted steady performances for the quarter, with AI-focused strategies beginning to translate into incremental revenue growth.
With a strong pipeline of deals and a renewed emphasis on AI-driven value creation, Wipro is positioning itself as a key enabler of enterprise intelligence. Its focus on resilience, adaptability, and innovation continues to strengthen its standing among global technology leaders navigating a fast-evolving digital economy.
The quarter’s results reaffirm Wipro’s commitment to building sustainable growth and driving client success through its AI-first vision.
