Wipro shares edged up 1.4% to ₹171.33 on Wednesday, as analysts anticipate a 3.1% dip in Q2 profit to ₹3,248.6 crore.
Revenue is projected to fall 0.9% in USD terms to $2,592.2 million, while rupee‑denominated sales rise 1% to ₹24,733 crore, a modest uptick from ₹24,478.6 crore in the June quarter.
EBIT margin is expected to hold steady at 16%, a drop from 17.3% last quarter and below the 16.9% consensus. The decline signals tightening cost control amid a softer client mix.
Constant‑currency growth is estimated at -0.75%, with organic CPC shrinkage at -1.4% sequentially— the weakest among Wipro’s large‑cap peers, trailing TCS’s 0.5% and HCLTech’s 2.3%.
Guidance for Q3 is set between 0% to +0.5% on the upside and -1.5% to -2% on the downside, reflecting the company’s cautious stance amid market volatility and M&A‑linked cost pressures.