WIPRO · Information Technology
Wipro Ltd. reported revenue of ₹24,753 cr for July to September 2026, +9.1% on the year and +1.1% on the quarter. That is faster than this quarter has grown in recent years (+0.4% on average), so the year-on-year number is not just the season. It is the highest quarterly revenue in the last 12 quarters on record. Over the last four quarters revenue comes to ₹97,024 cr, +8.2% on the four before.
Operating profit (EBITDA) was ₹4,863 cr, a margin of 19.6%, +38 bps on the year and +72 bps on the quarter. Over the last 8 quarters the margin has ranged from 18.2% to 20.5%, averaging 19.5%. Operating costs grew +8.5% against revenue growth of +9.1%, so more of each rupee of sales reached operating profit.
Net profit was ₹3,200 cr, −1.9% on the year and −4.6% on the quarter, with earnings per share of ₹3.23. Profit before other income, one-offs and tax grew faster, at +3.7%; other income, one-offs or tax held the headline back. The tax rate of 24% is in line with its recent average. Profit over the last four quarters totals ₹13,223 cr, −2.4% on the four before.
Of the 16 companies in Information Technology that have reported Q2 FY27 so far, Wipro Ltd. ranks 14th on revenue growth; the sector median is +15.0%. Its margin moved +38 bps on the year against a sector median of +35 bps.
Wipro Ltd. is a Nifty 50 company. Of the 47 Nifty 50 companies reported so far, the median profit growth is +21.2%; Wipro Ltd.'s −1.9% puts it below that.
On earnings per share of ₹12.92 over the last four quarters, the stock at ₹199.00 trades at 15.4 times trailing earnings.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow filed with this quarter, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Exceptional items that recur, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
Net profit a year ago, each driver's change, and net profit now. Blue added profit, red took it away.
This quarter's filing carries a balance sheet and a cash flow statement. The cash, receivables and borrowing checks run once the filing read is in.
| Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹22,205 cr | ₹22,208 cr | ₹21,964 cr | ₹22,302 cr | ₹22,319 cr | ₹22,504 cr | ₹22,135 cr | ₹22,697 cr | ₹23,556 cr | ₹24,236 cr | ₹24,479 cr | ₹24,753 cr |
| YoY | — | — | −4% | −1% | +1% | +1% | +1% | +2% | +6% | +8% | +11% | +9% |
| EBITDA margin | 18.9% | 19.7% | 19.8% | 20.2% | 20.3% | 20.5% | 19.1% | 19.3% | 18.2% | 20.3% | 18.9% | 19.6% |
| Other income, % of PBT | 17% | 17% | 18% | 22% | 23% | 26% | 25% | 22% | 24% | 18% | 23% | 18% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 24% | 26% | 24% | 25% | 24% | 24% | 22% | 24% | 24% | 25% | 23% | 24% |
| Net profit | ₹2,701 cr | ₹2,858 cr | ₹3,037 cr | ₹3,227 cr | ₹3,367 cr | ₹3,588 cr | ₹3,336 cr | ₹3,262 cr | ₹3,145 cr | ₹3,522 cr | ₹3,356 cr | ₹3,200 cr |
| YoY | — | — | +5% | +21% | +25% | +26% | +10% | +1% | −7% | −2% | +1% | −2% |
| Core profit YoY | — | — | +4% | +20% | +17% | +10% | −3% | +0% | −9% | +8% | +5% | +4% |
| EPS | ₹2.58 | ₹2.71 | ₹2.87 | ₹3.07 | ₹3.20 | ₹3.41 | ₹3.18 | ₹3.10 | ₹2.97 | ₹3.34 | ₹3.38 | ₹3.23 |
| Flags | · | · | ✓ | ✓ | 1 | 2 | ✓ | 1 | ✓ | ✓ | ✓ | ✓ |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
Wipro Ltd. reported revenue of ₹24,753 cr (+9.1% on the year) and net profit of ₹3,200 cr (−1.9% on the year) for July to September 2026.
Profit before other income, exceptional items and tax moved +3.7% on the year, against −1.9% for reported profit.
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