Wipro net up marginally in Q2

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India’s fourth-largest IT player Wipro missed analyst estimates as net profit marginally increased by 1.3% year-on-year and yet sequentially declined by 2.5% for the second quarter of fiscal year 2026, impacted by a one-off adjustment made for the bankruptcy of one customer. Profit for the September quarter stood at ₹3,250 crore.

As uncertainties on discretionary spending continues, the Bengaluru-based software services exporter improved its guidance marginally from the previous quarter. For the third quarter ending December, Wipro projects revenue…



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Wipro net up marginally in Q2



India’s fourth-largest IT player Wipro missed analyst estimates as net profit marginally increased by 1.3% year-on-year and yet sequentially declined by 2.5% for the second quarter of fiscal year 2026, impacted by a one-off adjustment made for the bankruptcy of one customer. Profit for the September quarter stood at ₹3,250 crore.

As uncertainties on discretionary spending continues, the Bengaluru-based software services exporter improved its guidance marginally from the previous quarter. For the third quarter ending December, Wipro projects revenue…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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