WIPRO Q2 FY27 Guidance vs Delivery (WIPRO Management Mirror)

Did WIPRO's management deliver what it guided? Guidance vs actual performance and tone changes across recent earnings calls, as of the Q2 FY27 (Sep-2026 Qtr) concall.

Wipro Ltd (WIPRO) Q2FY27 Management Mirror - Sep-2026 Qtr

Q2 FY27 IT Services Revenue Reaches $2.61 Billion, Meeting Guidance from Jun'26 Qtr; Q3 Guided at $2.571B-$2.625B

For Sep'26 Qtr, Wipro reported IT services revenue of $2.61 billion, remaining flat sequentially in constant currency, while Quarterly Financial Results showed segment revenue of INR 2,46,670 million. This delivered the -1.5% to +0.5% sequential growth trajectory guided in the Jun'26 Qtr concall, squarely meeting the target range of $2.574 billion to $2.627 billion. Looking ahead, management has initiated Q3 FY27 IT services revenue guidance at $2.571 billion to $2.625 billion, translating to another sequential constant currency range of -1.5% to +0.5%. This forward outlook factors in seasonal furloughs, fewer working days broadly matching prior-year levels, and the ongoing flow-through of specific client challenges.

2 more themes on the ELITE plan.