Wipro Q2 FY2027 sees 4.2% EPS rise, margin improvement but net income dips

Wipro reported Q2 fiscal 2027 results with earnings per share up 4.2% year over year to $0.03 and gross revenue of ₹247.5 billion (~$2.58 billion), a 9.1% annual increase. IT services revenue was $2.61 billion, nearly flat quarter over quarter, with the operating margin improving to 16.5%. Despite revenue growth and margin gains, net income declined 1.9% year over year to ₹32 billion (~$333.9 million) due to higher wage and subcontracting costs. Wipro projects Q3 IT services revenue between $2.57 billion and $2.63 billion, indicating slight possible decline or growth in constant currency terms.

Wipro's stock on Pluang is trading at USD 1.94 as of Oct 16, 2026 20:51 WIB, up 3.74% for the day but still well below its 52-week high of USD 3.06. The current price is closer to the 52-week low of USD 1.61, indicating the stock remains under pressure despite recent earnings growth. With a market cap of $18.06 billion and a dividend yield of 4.64%, most Pluang investors are selling, as shown by 93% sell orders compared to 7% buy activity.