Financial Performance - IT Services revenue reached $26043 million in Q2 FY25-26[6], showing a sequential growth of 03% in constant currency[6] and a year-over-year decline of 26% in constant currency[9] - The adjusted operating margin for IT Services was 172%[2, 11], after accounting for a $131 million provision related to a customer bankruptcy[11] - Total Bookings reached $4688 million[2, 6], while Large Deal TCV amounted to $2853 million[2, 6], representing a 905% year-over-year increase in constant currency[2] - Operating Cash Flow was $382 million[2] Strategic Market Units and Sectors - Americas 1 accounted for 330% of the Strategic Market Units mix[2, 6] - Americas 2 accounted for 296% of the Strategic Market Units mix[2, 6] - Europe accounted for 263% of the Strategic Market Units mix[2, 6] - APMEA accounted for 111% of the Strategic Market Units mix[2, 6] - Banking, Financial Services and Insurance sector contributed 343% to the sector mix[2, 6] Outlook and Other Metrics - The company anticipates IT Services revenue to be in the range of $2591 million to $2644 million for the quarter ending December 31, 2025[3], which translates to a sequential guidance of (-)05% to (+)15% in constant currency terms[3] - The total headcount was 235,492[4] - Net utilization (excluding trainees) stood at 864%[4, 7] - Offshore revenue accounted for 602% of services revenue[4, 8]

Core Insights - Wipro Limited reported financial results for the quarter ended September 30, 2025, showing a slight revenue growth of 0.3% quarter-over-quarter in constant currency terms and a net income growth of 1.2% year-over-year [1][6][3] - The company achieved large deal bookings of $2.9 billion, reflecting a significant year-over-year growth of 90.5%, contributing to overall deal bookings of $4.7 billion [1][6] - The adjusted operating margin for Q2'26 was reported at 17.2%, an increase of 0.4% year-over-year, with operating cash flows at 103.8% of net income [1][6][3] Financial Performance - Gross revenue for the quarter was Rs 227.0 billion ($2,556.6 million), marking a 2.5% increase quarter-over-quarter and a 1.8% increase year-over-year [6] - IT services segment revenue was $2,604.3 million, showing a 0.7% increase quarter-over-quarter but a 2.1% decrease year-over-year [6] - Net income for the quarter was Rs 32.5 billion ($365.6 million), a decrease of 2.5% quarter-over-quarter but an increase of 1.2% year-over-year [6] Strategic Developments - Wipro secured multiple large and strategic deals across various industries, including a multi-year infrastructure modernization engagement with a leading European financial institution [5][10] - The company is focusing on AI-driven solutions, with engagements aimed at transforming healthcare platforms and enhancing customer engagement in the utilities sector [10][5] - Wipro's strategy emphasizes resilience and adaptation to global shifts, particularly in the context of AI advancements [4][10] Outlook - For the quarter ending December 31, 2025, Wipro expects IT Services revenue to be in the range of $2,591 million to $2,644 million, indicating a sequential guidance of (-)0.5% to (+)1.5% in constant currency terms [3][4] - The guidance does not include revenue from the recently announced acquisition of Harman Digital Transformation Solutions [3]

Core Insights - Indian IT firms Infosys, Wipro, and LTIMindtree exceeded quarterly revenue estimates, indicating improving demand as clients are more willing to invest in AI projects [1][2][4] - The positive results from these firms follow strong performance by Tata Consultancy Services, suggesting a recovery in the $283 billion IT sector after recent struggles due to reduced discretionary spending [2][5] Company Performance - Infosys reported better-than-expected profit and revenue for the second quarter, projecting full-year revenue growth of 2-3%, an increase from the previous forecast of 1-3% [4] - Wipro anticipates a revenue range of a 0.5% decline to a 1.5% increase for the third quarter, benefiting from clients' increasing interest in AI projects [4][5] - LTIMindtree also reported strong second-quarter revenue, particularly driven by the banking sector [6] Market Trends - There is a notable shift in client priorities towards AI and digital acceleration, with companies looking to implement AI solutions rather than just testing concepts [3][5] - Analysts view the recent quarterly results as a sign that the IT sector is stabilizing and regaining traction, particularly due to increased spending from financial services firms [5][6]

Core Insights - Wipro reported a larger-than-expected revenue for the second quarter, driven by robust growth in its Americas One market, which includes various units such as the communications business [1] Company Performance - The revenue growth in the second quarter was significantly supported by the performance in the Americas One market [1] - The company’s overall financial results exceeded market expectations, indicating strong operational performance [1] Market Dynamics - The growth in the Americas One market reflects a positive trend in demand for Wipro's services, particularly in the communications sector [1] - This performance may signal a broader recovery or growth trend within the IT services industry, particularly in North America [1]

Group 1 - Wipro Limited (NYSE:WIT) is recognized as a promising penny stock by hedge funds, with a Buy rating maintained by CLSA analyst Sumeet Jain and a price target set at INR265 as of October 3 [1] - On September 15, Wipro announced an expanded partnership with CrowdStrike to launch Wipro CyberShield MDR, an AI-powered managed security service aimed at enhancing enterprise security operations [2] - The CyberShield MDR utilizes a modern Security Operations Center (SOC) to provide AI-driven automation, improved visibility, and increased efficiency in security operations [3] Group 2 - Wipro operates in various segments, including Information Technology Services, India State Run Enterprise Services, and Information Technology Products, positioning itself as a global player in IT, consulting, and outsourcing [3]

EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #AI--Wipro Limited will announce results for the second quarter ended September 30, 2025, on Thursday, October 16, 2025. ...

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Core Insights - Women's representation in leadership roles has reached 20% for the first time, increasing from 13% in 2016 [1] - The representation of women in leadership has shown a steady increase over the years, with figures of 14% in 2020, 15% in 2021, 17% in 2022, 19% in 2023, and remaining at 19% in 2024 [2] Workforce Representation - The overall workforce share of women remains stable at 35.7%, with Professional Services leading at 44.6%, followed by ITES at 41.7%, Pharma at 25%, FMCG at 23%, and Manufacturing at 12% [3] - In the latest Best Companies for Women in India list, 125 companies were recognized, with 15% being IT services companies and 9% from Global Capability centers, while Manufacturing, Pharmaceuticals, and Consumer Products each accounted for 5% [4] Top Companies - Among the top 10 Best Companies for Women in India, 40% are Indian companies, while the remainder are multinational corporations. The top companies include Accenture, EY, Wipro, Tech Mahindra, and Procter & Gamble [5]

Group 1 - Trump's immigration clampdown includes a significant increase in the H-1B visa application fee to USD 100,000, impacting Indian tech firms heavily [1][2][4] - Indian tech companies, particularly Infosys and Wipro, experienced a decline in their American Depository Receipts (ADRs) following the announcement, with Infosys down 3.41% and Wipro down 2.10% on the NYSE [3][4] - The H-1B visa is crucial for Indian tech firms as it allows them to hire skilled foreign professionals, and the increased fees are expected to adversely affect their operations in the US [4] Group 2 - Cognizant, a US tech firm with significant operations in India, saw its ADRs drop by 4.75% in response to the visa fee increase [3] - Tata Consultancy Services (TCS), India's largest IT firm, has not yet faced market repercussions as it does not have an ADR listing in the US, but the overall impact on Indian markets will become clearer when trading resumes [4] - The visa fee hike is anticipated to negatively influence the stock performance of Indian tech companies when the Indian markets open [2][3]

Group 1 - Wipro Limited is launching Wipro CyberShieldSM MDR in collaboration with CrowdStrike, positioning itself as a profitable penny stock opportunity [1][2] - The CyberShieldSM MDR is an AI-powered unified managed security service designed to simplify and enhance enterprise security operations [2][3] - The platform leverages CrowdStrike's AI-native product suites and aims to address fragmented security operations, improving visibility and efficiency while reducing operational blind spots [3][4] Group 2 - Wipro's CyberShieldSM MDR is backed by CrowdStrike's Falcon Next-Gen SIEM, targeting major security challenges across endpoints, cloud workloads, and identity management [4] - The integrated platform approach of CyberShieldSM MDR enables AI automated workflows, which helps in swiftly containing threats and ensuring continuity of digital operations [3]