Wipro Limited reported Q2FY26 IT services revenue of USD 2.6bn, with 0.3% sequential growth in constant currency and a 17.2% adjusted operating margin, reflecting operational discipline despite one-off impacts. Americas 1 and Europe markets grew sequentially, supported by BFSI, healthcare, and technology sectors. The company closed USD 4.7bn in contract value with 13 large deals, including two megadeals in healthcare and BFSI, driven by AI-powered transformations and vendor consolidations. Wipro launched "Wipro Intelligence," a unified AI platform suite accelerating client digital transformation...

Wipro Ltd. has an average target of 259.18 from 11 brokers.

Wipro Ltd.

16 Oct 2025

240.05

0.90%

Growth pickup still awaited

Sell: Wipro Ltd.

Target

Motilal Oswal

Wipro (WPRO) reported 2QFY26 IT Services revenue of USD2.6b, up 0.3% QoQ CC, in line with our estimate of 0.3% QoQ growth. It posted an order intake of USD4.7b (down 5.7% QoQ), with a large-deal TCV of USD2.8b (up 7% QoQ).

Wipro Ltd. is trading below all available SMAs

Wipro Ltd.

31 Jul 2025

240.05

0.90%

WIPRO LIMITED

Sell: Wipro Ltd.

Target

Geojit BNP Paribas

Wipro reported a flat revenue growth in Q1FY26 owing to decrease in revenue in BFSI and consumer sector. Total bookings and large-deal bookings witnessed an increase in the quarter. However, the revenue guidance for Q2FY26 remains weak. Challenges faced in the macroeconomic environment, discretionary spending and client-specific challenges led to a decrease in revenue from Europe. The company...

Wipro Ltd. is trading below all available SMAs

Wipro Ltd.

18 Jul 2025

240.05

0.90%

Wipro: Q1FY26 Result Review

Hold: Wipro Ltd.

Target

IDBI Capital

Wipro's Q1 FY26 results reflect a company navigating short-term headwinds while positioning for long-term growth. Revenues declined 2.0% QoQ and 2.3% YoY in constant currency, mainly due to macro uncertainty and weak discretionary spending, particularly in Europe and sectors like consumer and manufacturing. Despite this, margins improved to 17.3% (IT services), within the aspirational 17% to 17.5% band, showcasing strong cost discipline. The standout positive was a robust USD 5bn in total contract value up 51% YoY, including USD 2.7bn in large deals, driven by AI-led transformation and vendor consolidation. Wipro's AI-first...

Wipro Ltd. is trading below all available SMAs

Wipro Ltd.

18 Jul 2025

240.05

0.90%

Wipro (WPRO IN) Q1FY26 Result Update Record deal...

Hold: Wipro Ltd.

Prabhudas Lilladhar

The revenue growth (-2.0% QoQ CC) was above our estimates (-2.6% QoQ), partly aided by outperformance of CAPCO (+6.0% YoY). The growth performance in Consumer and BFS (beyond CAPCO) was weak. The discretionary budgets were tight in Consumer and Manufacturing, especially in Europe, otherwise AI-led transformation and modernization of data witnessed steady recover in Q1. The exceptional large deal TCV (including 2 mega deals) is a mix of both renewals and NN. The large wins are a strategic outcome of...

Wipro Ltd. has an average target of 259.18 from 11 brokers.

Wipro Ltd.

18 Jul 2025

240.05

0.90%

Result Update:Wipro

Hold: Wipro Ltd.

Axis Direct

We resume our coverage with a HOLD rating on the stock.

Wipro Ltd. has an average target of 259.18 from 11 brokers.

Wipro Ltd.

18 Jul 2025

240.05

0.90%

Steady performance marred by one-off restructuring costs

Sell: Wipro Ltd.

Target

Emkay

Wipro reported steady operating performance in Q1, though one-off restructuring costs led to a miss on reported EBITM. IT Services revenue declined 0.3% QoQ to USD2.59bn (down 2% CC), in line with our expectations.

Wipro Ltd. has an average target of 259.18 from 11 brokers.

Is Wipro Ltd. worth buying?

5199 Votes:

Buy 71.42%

Sell 9.98%

Hold 18.6%

RESEARCH REPORTS

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