Seeking Alpha·United States·Thursday, October 15, 2026 at 10:57 AM UTC

Wipro GAAP EPS of $0.03 misses by $0.01, revenue of $2.58B beats by $10M

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Meghavi Singh

Wipro press release (WIT): Q2 GAAP EPS of $0.03 misses by $0.01.
Revenue of $2.58B (+9.1% Y/Y) beats by $10M.
Operating cash flows of ₹53.0 billion ($553.6 million1 ), increase of 61.3% QoQ and at 165.8% of net income for the quarter.
Total Bookings was at $2,595 million, down by 22.9% QoQ in constant currency. Large deal bookings4 was at $674 million, decrease of 58.6% QoQ in constant currency.
Voluntary attrition was at 13.8% on a trailing 12-month basis.
Outlook for the Quarter ending December 31, 2026: We expect revenue from our IT Services business segment to be in the range of $2,571 million to $2,625 million. This translates to sequential guidance of (-)1.5% to (+)0.5% in constant currency terms.

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