Wipro reported net profit of ₹3,200.6 crore for the September 2026 quarter, down 1.41% from ₹3,246.2 crore a year earlier, according to Business Today. Gross revenue was about ₹24,750 crore, or $2,583 million, up 9.1% on the year. The company announced the results after market hours on 15 October 2026.
The headline numbers
Profit fell 4.52% from ₹3,352 crore in the June quarter. Revenue rose 1.1% from the previous quarter. Earnings per share were ₹3.23, up 0.9% on the quarter and 4.2% on the year. Operating cash flow was ₹5,300 crore, or $553.6 million, which the report puts at 165.8% of net income and up 61.3% on the quarter.
IT services
Revenue from the IT services segment was $2,611.5 million, down 0.1% on the quarter and up 0.3% on the year. In constant currency it was flat on the quarter and up 0.6% on the year. The segment's operating margin was 16.5%. Voluntary attrition on a trailing 12-month basis was 13.8%.
Bookings
Total bookings were $2,595 million, down 22.9% on the quarter in constant currency. Large-deal bookings were $674 million, down 58.6% on the quarter in constant currency. The report does not give year-on-year bookings figures.
Outlook and management comment
For the December 2026 quarter, Wipro guided IT services revenue of $2,571 million to $2,625 million. That is a sequential range of a 1.5% fall to a 0.5% rise in constant currency. Chief Executive Srini Pallia said: "The strategic investments we have been making are beginning to deliver results." The report mentions no dividend or headcount figure.
Key numbers
- Net profit: ₹3,200.6 cr (−1.41% YoY)
- Revenue: ₹24,750 cr (+9.1% YoY)
- IT services margin: 16.5% (Q2 FY27)
- Large-deal bookings: $674 mn (−58.6% QoQ)
What boards and CFOs should note
Three points stand out for finance teams. First, group revenue grew 9.1% on the year, yet IT services revenue grew only 0.3%, so the two figures describe different parts of the business. Second, bookings fell sharply on the quarter, with large deals down 58.6%, which the guidance range of minus 1.5% to plus 0.5% does not offset. Third, cash conversion was strong, with operating cash flow at 165.8% of net income.
Source: Business Today, 15 October 2026. This is a summary of a news report, published as general information. It is not legal, tax or investment advice.
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