Wipro Limited — Investor Meet, 17-10-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Wipro reported Q2 IT services revenue of $2.6 billion, up 0.3% sequentially in constant currency. Adjusted operating margin was 17.2%, an improvement of 0.4% year-on-year. Net income and EPS grew 1% year-on-year.

The company closed $4.7 billion in total contract value, signing 13 large deals, driven by vendor consolidation and AI transformations. Q3 IT services revenue is projected to grow -0.5% to +1.5% in constant currency. Wipro launched "Wipro Intelligence" to scale AI-powered solutions for clients, earning strong endorsements from industry analysts. Management expressed confidence in converting strong bookings into revenue and maintaining margins within a narrow band (17-17.5%) despite investments and competitive deals.