Bengaluru, Oct. 16 -- Wipro Limited today reported a mixed performance for the July-September quarter (Q2 FY26), showing sequential growth in revenue but a marginal decline in profitability, even as bookings, cash flows, and operational efficiency remained strong.
The company's consolidated net profit stood at Rs 3,246.2 crore, up from Rs 3,208.8 crore in the same period last year, marking a 1.2 percent year-on-year rise. Sequentially, however, profit fell 2.5 percent.
Revenue from operations rose 1.7 percent year-on-year to Rs 22,697.3 crore and 2.5 percent over the previous quarter, reflecting steady demand across key business verticals.
Wipro attributed the sequential decline in profit to one-off items, including a client insolvency p...