Wipro reports strong Q2 2025 performance, solid growth in revenue and deals

Wipro Limited’s board of directors approved the financial results for the quarter and half-year ended September 30, 2025, reporting gross revenue of ₹227.0 bn ($2,556.6m), a 2.5% quarter-over-quarter (QoQ) and 1.8% year-over-year (YoY) increase. IT services segment revenue reached $2,604.3m, up 0.7% QoQ. The company also announced significant large deal bookings totaling $2,853m, an increase of 90.5% YoY in constant currency, contributing to overall deal bookings of $4,688m.

The company's net income for the quarter stood at ₹32.5 bn ($365.6m), reflecting a 1.2% YoY increase. IT services operating margin for Q2'26 was 16.7%, which adjusts to 17.2% after accounting for a ₹1,165m ($13.1m) provision related to a customer bankruptcy. Operating cash flows were ₹33.9 bn ($381.5m), representing 103.8% of net income for the quarter.

Wipro was recognized as a leader in multiple analyst reports, including IDC MarketScape and ISG Provider Lens, highlighting its strong position in IT and engineering services. The company expects IT services business segment revenue for the quarter ending December 31, 2025, to be in the range of $2,591m to $2,644m, translating to a sequential growth guidance of (-)0.5% to (+)1.5% in constant currency terms.