Wipro Q2 FY27: margin up to 16.5%, bookings drop 22.9% QoQ
WIPRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.3 pts more than Nifty 100 and 4.5 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Wipro Q2 FY27: Gross revenue up 1.1% QoQ to ₹247.5B. IT services revenue flat QoQ, up 0.6% YoY in constant currency at $2.61B. Operating margin rose 0.5% QoQ to 16.5% but fell 0.2% YoY. Net income fell 4.7% QoQ to ₹32B; EPS up 4.2% YoY at ₹3.23. Total bookings dropped 22.9% QoQ to $2.6B; large deals fell 58.6% to $674M. Operating cash flow strong at 166% of net income. Q3 IT services guidance: $2.57B to $2.63B.
Positives: margin expansion to 16.5% and strong cash flow. Negatives: deal bookings fell 22.9% QoQ and net income dropped 4.7% QoQ. Q3 guidance is flat.