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Wipro and Tech Mahindra Q2 Results Today: Revenue Growth and Margins in Focus
- •IT services majors Wipro and Tech Mahindra are scheduled to announce their Q2 FY27 financial results on October 15 after market hours.
- •Investors and analysts will closely track revenue growth, operating margins, and deal wins for both companies.
- •Wipro's constant-currency revenue is expected by Systematix Institutional Equities to see a slight quarter-on-quarter decline of 0.6 percent.
- •Tech Mahindra is anticipated to report continued revenue growth driven by the recent Orange deal and an increase in new deal wins.
Key Questions Answered
According to an analysts' poll by CNBC-TV18, Wipro's revenue is projected to rise to Rs 24,733 crore for the September quarter, while Systematix Institutional Equities expects constant-currency revenue to decline 0.6% quarter-on-quarter. Meanwhile, Wipro's EBIT margin is expected to remain unchanged at 16%.
Tech Mahindra's revenue is expected to rise 15.3% year-on-year and 2.7% quarter-on-quarter for Q2 FY27, supported by the recent Orange deal and an increase in deal wins. Additionally, its adjusted profit is projected to jump 30.4% year-on-year to Rs 1,557.8 crore, with the EBIT margin staying steady at 14.5%.
Both IT majors Wipro and Tech Mahindra are scheduled to announce their financial results for the second quarter of fiscal year 2027 on October 15 after market hours.
