Wipro reported that its revenue from operations advanced 9.06% year‑on‑year to ₹24,753 crore in the second quarter of FY27, compared with ₹22,697 crore in the same period of FY26. Sequentially, revenue rose 1.12%. The IT services segment generated $2,611.5 million, a decline of 0.1% quarter‑on‑quarter and an increase of 0.3% year‑on‑year. The company highlighted that its AI‑powered consulting strategy contributed to the revenue growth, while maintaining a stable cost base.

Wipro’s consolidated profit after tax fell 1.92% year‑on‑year to ₹3,200 crore in Q2 FY27, compared with ₹3,262.40 crore a year earlier. Sequentially, the profit declined 4.67%. The decline was attributed to a modest reduction in margin pressure and a slight increase in operating expenses, as the firm continued to invest in its AI‑native unit and expand its consulting portfolio. Earnings per share stood at ₹3.23, up 0.9% from the previous quarter.

Operating profit, or EBITDA, jumped 11.21% year‑on‑year to ₹4,863 crore, up from ₹4,372 crore in the corresponding quarter of FY26. Wipro also provided guidance for Q3 FY27, forecasting IT Services revenue between $2,571 million and $2,625 million, translating to a constant‑currency sequential range of –1.5% to +0.5%. This outlook reflects the firm’s expectation of a modest contraction in the short term, balanced by continued growth in its AI‑enabled offerings and global consulting engagements.

Key highlights for Q2 FY27 include revenue of ₹24,753 crore, up 9.06% YoY and 1.12% QoQ; net profit of ₹3,200 crore, down 1.92% YoY and 4.67% QoQ; IT services revenue of $2,611.5 million, down 0.1% QoQ and up 0.3% YoY; non‑GAAP constant‑currency IT Services revenue flat sequentially and up 0.6% YoY; IT services operating margin at 16.5%, up 0.5% QoQ and down 0.2% YoY; earnings per share at ₹3.23, up 0.9% QoQ and 4.2% YoY; voluntary attrition at 13.8% on a trailing 12‑month basis.

Srini Pallia, CEO and Managing Director, said that strategic investments are beginning to deliver results and are enhancing the company’s ability to win in new markets, add new clients and grow existing relationships. He added that the consulting‑led, AI‑powered strategy is creating larger transformation opportunities and that AI is a long‑term growth driver expanding the addressable market for technology and business transformation. Aparna Iyer, Chief Financial Officer, noted that the operating margin of 16.5% expanded 0.5% sequentially, that cash‑flow conversion remained relentless, and that operating cash flow stood at 166% of net income.