Wipro Projects Q2 FY26 Revenue of $2.56-2.61 Billion, Reports Strong Q1 Order Bookings
Wipro expects IT Services revenue of $2.56-2.61 billion for Q2 FY26, projecting -1.0% to 1.0% sequential growth in constant currency. Q1 FY26 order bookings reached $4.97 billion TCV, showing significant increase. CEO Srinivas Pallia highlighted 16 large deals, including two mega deals, amid macroeconomic uncertainty. The company focuses on AI-powered solutions and consulting-led engagements for growth.

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Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, has provided its revenue guidance for the second quarter of fiscal year 2026 and reported robust order bookings for the first quarter.
Q2 FY26 Revenue Guidance
Wipro expects revenue from its IT Services segment to be in the range of $2.56 billion to $2.61 billion for the quarter ending September 30, 2025. This projection translates to a sequential growth of -1.0% to 1.0% in constant currency terms.
Strong Q1 Order Bookings
For the first quarter of fiscal year 2026, Wipro reported total contract value (TCV) of order bookings at $4.97 billion. This figure represents a significant increase compared to previous quarters, indicating strong business momentum and client confidence in Wipro's services.
Company's Outlook
The company's guidance and order booking performance come at a time when the technology services sector is experiencing rapid changes, particularly with the advancement of Artificial Intelligence (AI) technologies. Wipro has been focusing on AI-powered solutions and consulting-led engagements to drive growth and deliver value to its clients.
Srinivas Pallia, CEO and Managing Director of Wipro, commented on the company's performance, stating:
"In a quarter shaped by macroeconomic uncertainty, clients prioritized efficiency and cost optimization. We partnered closely with them to address these needs, resulting in 16 large deals, including two mega deals. Building on the momentum from last quarter and supported by a strong pipeline, we are well positioned for the second half."
Financial Performance
While specific financial details for the most recent quarter were not provided, the company's focus on operational excellence and strategic initiatives appears to be yielding positive results. Wipro continues to invest in its future, strengthening its innovation network and advancing its AI and consulting capabilities.
Looking Ahead
As Wipro approaches its 80th year in business, the company is emphasizing its commitment to driving consistent, profitable growth. The focus remains on scaling its consulting-led, AI-powered transformation engine while continuing to invest in talent, leadership, and culture.
Investors and industry observers will be closely watching Wipro's performance in the coming quarters, particularly in light of the ongoing global economic uncertainties and the rapid evolution of AI technologies in the IT services sector.
Historical Stock Returns for Wipro
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+2.44% | +3.35% | +2.05% | -11.09% | -6.86% | +97.16% |