Wipro Announces Results for the Quarter Ended September 30, 2026
Business Wire•15/10/2026•09:41 ET
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Key Highlights
- ➤Wipro IT services revenue $2,611.5 million, down 0.1% QoQ
- ➤Operating margin 16.5%, expanding 0.5% sequentially
- ➤December guidance $2,571-$2,625 million, implying -1.5% to +0.5% CC
- ➤Total bookings $2,595 million, down 22.9% QoQ in CC
- ➤Operating cash flow $553.6 million, reaching 165.8% of net income
Expert Statements
Srini Pallia, CEO and Managing Director of Wipro
“The strategic investments we have been making are beginning to deliver results. They are enhancing our ability to win in new markets, add new clients, and grow existing relationships. At the same time, our consulting-led, AI-powered strategy is helping us create larger transformation opportunities. We see AI as a long-term growth driver that will expand the addressable market for technology and business transformation. We are already seeing its potential reflected in the momentum across our AI-Native Unit and AI offerings portfolio.”
Aparna Iyer, Chief Financial Officer of Wipro
“Our operating margin for the quarter was 16.5%, an expansion of 0.5% sequentially. We have delivered this improvement even while continuing to invest in our business and people. We remain relentless in driving cash flow conversion. Q2 is yet another quarter where our operating cash flow has been robust and stood at 166% of net income.”
Wipro Announces Results for the Quarter Ended September 30, 2026
IT services segment revenue flat sequentially and increased 0.6% YoY CC
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