Wipro's profit slips to ₹3,200.6 crore; it guides Q3 IT revenue at $2,571-2,625 million

What happened

• Wipro's net profit was ₹3,200.6 crore for the September 2026 quarter, against ₹3,246.2 crore a year earlier and 4.5% lower than in the June quarter, according to HDFC Sky. Upstox reported the profit as ₹3,200 crore and put the year-on-year fall at 1.92%; HDFC Sky said 1.4%.
• Revenue rose 9.1% from a year earlier to ₹24,752.7 crore and 1% on the quarter, HDFC Sky said. Upstox put operating profit at ₹4,863 crore, up 11.21% on the year.
• IT services revenue was $2,611.5 million, down 0.1% on the quarter and up 0.3% on the year. Upstox reported an IT services operating margin of 16.5%, up 0.5 percentage points on the quarter, and voluntary attrition of 13.8% over the past 12 months.
• For the December quarter Wipro guided IT services revenue of $2,571 million to $2,625 million, which is -1.5% to +0.5% on the quarter in constant currency, both outlets reported.
• The results came after the close. The shares closed at ₹174.05 on Kite data, up 1.83% from ₹170.92.

Why it matters

Good to know: Constant currency removes the effect of exchange-rate changes, so that growth reflects the business rather than the rupee and other currencies.

Key facts

Net profit

₹3,200.6 crore (₹3,246.2 crore a year earlier)

Revenue

₹24,752.7 crore, up 9.1% on the year

IT services revenue

$2,611.5 million

Q3 IT services guidance

$2,571 million to $2,625 million

Read the source

• Wipro Profit Falls Marginally to Rs 3,200.6 Cr in Q2; Revenue Grows 9%HDFC Sky
• Wipro net profit falls nearly 5% QoQ to ₹3,200 crore, revenue rises 1%Upstox