WIT, US97651M1099

Wipro reports USD 2.58 billion Q2 revenue. Wipro stock stands at USD 19.3 billion

Published on 10/19/2026 at 10:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Q3 guidance spans USD 2.571 billion to USD 2.625 billion for IT services. Wipro stock costs EUR 1.73 on October 19, 2026 at Lang & Schwarz.

Results and forward view

  • Wipro reported USD 2.58 billion in revenue for the quarter ended September 30, 2026.
  • IT services guidance for the quarter ending December 31, 2026, spans USD 2.571 billion to USD 2.625 billion.
  • Wipro stock trades at EUR 1.73 at 10:33 a.m. CEST at Lang & Schwarz on October 19, 2026.
WIT, US97651M1099, Illustration mit AI erstellt.

Wipro (ISIN US97651M1099) reported USD 2.58 billion in revenue for the quarter ended September 30, 2026, while its next-quarter guidance points to a cautious operating backdrop. The results were carried by StockTitan on October 15, 2026.

Revenue grew as profit declined

Gross revenue increased 9.1 percent year over year and 1.1 percent quarter over quarter in the second quarter of fiscal year 2027. Net income was USD 333.9 million, down 4.7 percent quarter over quarter and 1.9 percent year over year, according to the same StockTitan release.

The IT services operating margin reached 16.5 percent in the September quarter, an improvement of 0.5 percentage points from the prior quarter. Operating cash flow was USD 553.6 million, equal to 165.8 percent of net income, giving the earnings report a stronger cash-conversion profile than its profit line alone suggests.

What does guidance imply?

For the quarter ending December 31, 2026, Wipro expects IT services revenue of USD 2.571 billion to USD 2.625 billion, equivalent to constant-currency sequential growth of minus 1.5 percent to plus 0.5 percent. Business Standard reported on October 16, 2026, that total contract value was USD 2.59 billion, down 23 percent sequentially in constant currency, while large-deal bookings fell 59 percent to USD 674 million.

The contrast is important for investors: margin expansion and cash generation support the quarter, but bookings and the near-term revenue range keep the growth question open. Wipro's official notice identified the company as NYSE-listed under ticker WIT and scheduled the September-quarter results for October 15, 2026.

Stock valuation and trading

Wipro's September-quarter figures combine higher reported revenue with weaker sequential profit and a narrower near-term growth profile. The company also reported earnings per share of USD 0.03 for the quarter, up 4.2 percent year over year, while total bookings declined 22.9 percent in constant currency.

Wipro was trading at EUR 1.73 at Lang & Schwarz on October 19, 2026 at 10:33 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Wipro stock.

Wipro stock at a glance

  • Company: Wipro Limited
  • ISIN: US97651M1099
  • Ticker: WIT
  • Primary exchange: NYSE
  • Price Lang & Schwarz (as of October 19, 2026, 10:33 a.m. CEST): EUR 1.73
  • Market capitalization: USD 19.3 billion (as of October 16, 2026)
  • Sector / Industry: Technology / Information Technology Services

Market context: Market report S&P 500.

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