Wipro Q2 sees marginal growth in profit and revenue amid stable operations
Wipro’s Q2 results showed modest progress: net profit rose to ~₹3,246 crore (a small YoY bump), while consolidated revenue increased ~1.7%. The performance suggests steady business continuity amid broader IT sector headwinds. Growth was supported by demand in its communication and regional segments, though margins faced pressure from costs and client discounting. Management flagged continued caution in large deals. Investors will watch incremental margin recovery, pipeline visibility, and cross-sell in emerging domains to validate upside beyond core maintenance growth.
neutral
3 days ago
Wipro Q2 sees marginal growth in profit and revenue amid stable operations
Wipro’s Q2 results showed modest progress: net profit rose to ~₹3,246 crore (a small YoY bump), while consolidated revenue increased ~1.7%. The performance suggests steady business continuity amid broader IT sector headwinds. Growth was supported by demand in its communication and regional segments, though margins faced pressure from costs and client discounting. Management flagged continued caution in large deals. Investors will watch incremental margin recovery, pipeline visibility, and cross-sell in emerging domains to validate upside beyond core maintenance growth.
neutral
Wipro Q2 sees marginal growth in profit and revenue amid stable operations
3 days ago
1 min read
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Wipro reports modest profit and revenue growth in Q2, highlighting steady operations amid IT sector headwinds.
Wipro’s Q2 results showed modest progress: net profit rose to ~₹3,246 crore (a small YoY bump), while consolidated revenue increased ~1.7%. The performance suggests steady business continuity amid broader IT sector headwinds. Growth was supported by demand in its communication and regional segments, though margins faced pressure from costs and client discounting. Management flagged continued caution in large deals. Investors will watch incremental margin recovery, pipeline visibility, and cross-sell in emerging domains to validate upside beyond core maintenance growth.
Wipro’s Q2 results showed modest progress: net profit rose to ~₹3,246 crore (a small YoY bump), while consolidated revenue increased ~1.7%. The performance suggests steady business continuity amid broader IT sector headwinds. Growth was supported by demand in its communication and regional segments, though margins faced pressure from costs and client discounting. Management flagged continued caution in large deals. Investors will watch incremental margin recovery, pipeline visibility, and cross-sell in emerging domains to validate upside beyond core maintenance growth.