Shares of IT major Wipro rallied as much as 2.3% to the day’s high of Rs 178 on the BSE on Friday after it reported a 9.1% year-on-year (YoY) rise in gross revenue to Rs 24,752.7 crore in Q2FY27, up 1.1% quarter-on-quarter. Net profit, however, declined 1.9% YoY to Rs 3,201 crore.
The Bengaluru-based IT services provider now expects revenue growth in the third quarter of the current financial year to range from -1.5% to 0.5% on a sequential basis in constant currency terms.
