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- Wipro Q2 FY26 Results: Net Profit Rises 1.2% YoY To ₹3,246 Crore, Revenue At ₹22,697 Crore
Mumbai43 minutes ago
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IT service provider company Wipro’s consolidated net profit in the July-September quarter increased by 1.2% on an annual basis to Rs 3,246 crore. It was Rs 3,209 crore in the same quarter last year.
Wipro today on Thursday (October 16) has released the results for the second quarter of the financial year 2026 (Q2FY26) i.e. July-September quarter.
3 big things related to Wipro’s results:
- Wipro’s consolidated revenue increased 2% year-on-year to Rs 22,697 crore. The company’s revenue in the same quarter a year ago was Rs 22,302 crore.
- Wipro’s attrition rate has increased from 14.5% to 14.9%. That means the number of employees has increased by 2,000 from the same quarter last year.
- Wipro shares closed at Rs 253 today with a rise of 1.39%. Wipro shares have given a negative return of -15.52% to investors in this year. Its market cap is Rs 2.66 lakh crore.
Wipro is a technology services and consulting company.
Wipro Limited is a leading technology services and consulting company. It has presence in 65 countries. Azim Premji inherited control of Wipro from his father in 1966 at the age of 21.
Under his leadership, Wipro diversified from producing vegetable oils to providing IT services, software solutions and consulting services.
Consolidated profit means performance of the entire group
The results of companies come in two parts – standalone and consolidated. Standalone reports show the financial performance of only one unit, while consolidated financial reports report on the entire company.
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