News
October 17, 2025
Wipro net up marginally in Q2
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 to be in the range of $2.5 billion to $2.6 billion, translating into a sequential (-)0.5% to +1.5% growth in constant currency (CC) terms.
Bengaluru-based IT giant Wipro reported a marginal increase in net profit for the second quarter, as the company navigates a landscape marked by continued uncertainty in discretionary spending among its clients. While the exact figures were not disclosed, the results reflect a cautious optimism tempered by the challenging global economic climate.
The software services exporter also updated its revenue guidance, reflecting a slightly improved outlook compared to the previous quarter. This subtle upward adjustment suggests Wipro is adapting to the fluctuating demands of its customer base.
Looking ahead, Wipro anticipates revenue for the third quarter, ending in December, to fall between $2.5 billion and $2.6 billion. This projection translates to a sequential growth rate of between -0.5% and +1.5% in constant currency (CC) terms. The constant currency figure is a key metric as it eliminates the impact of exchange rate fluctuations, providing a clearer picture of the company's underlying performance.
The projected range indicates a degree of uncertainty within Wipro itself, acknowledging the potential for either a slight contraction or modest expansion in revenue during the upcoming quarter. This cautious approach likely stems from the ongoing macroeconomic headwinds impacting businesses worldwide, particularly in areas like discretionary spending on technology projects.
Analysts are closely watching how Wipro manages these challenges. The company's ability to secure new deals and maintain its existing client relationships will be crucial in achieving the higher end of its projected revenue range. The performance in the third quarter will provide valuable insights into the resilience of Wipro's business model and its capacity to thrive in an environment of economic volatility. The marginal improvement in guidance, however small, offers a glimmer of hope for the company and its investors, suggesting that Wipro is weathering the storm and positioning itself for future growth.
The software services exporter also updated its revenue guidance, reflecting a slightly improved outlook compared to the previous quarter. This subtle upward adjustment suggests Wipro is adapting to the fluctuating demands of its customer base.
Looking ahead, Wipro anticipates revenue for the third quarter, ending in December, to fall between $2.5 billion and $2.6 billion. This projection translates to a sequential growth rate of between -0.5% and +1.5% in constant currency (CC) terms. The constant currency figure is a key metric as it eliminates the impact of exchange rate fluctuations, providing a clearer picture of the company's underlying performance.
The projected range indicates a degree of uncertainty within Wipro itself, acknowledging the potential for either a slight contraction or modest expansion in revenue during the upcoming quarter. This cautious approach likely stems from the ongoing macroeconomic headwinds impacting businesses worldwide, particularly in areas like discretionary spending on technology projects.
Analysts are closely watching how Wipro manages these challenges. The company's ability to secure new deals and maintain its existing client relationships will be crucial in achieving the higher end of its projected revenue range. The performance in the third quarter will provide valuable insights into the resilience of Wipro's business model and its capacity to thrive in an environment of economic volatility. The marginal improvement in guidance, however small, offers a glimmer of hope for the company and its investors, suggesting that Wipro is weathering the storm and positioning itself for future growth.
Category:
Technology