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Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Wipro
Wipro (WIPRO) investor relations material
Wipro Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary15 Oct, 2026
Executive summary
Q2 IT Services revenue was $2,611.5M, flat QoQ and up 0.6% YoY in non-GAAP constant currency (CC); operating margin rose 0.5 percentage points QoQ to 16.5%.
Net income was ₹31,997M, down 4.7% QoQ and 1.9% YoY; EPS was ₹3.23, up 0.9% QoQ and 4.2% YoY.
Q3 IT Services revenue guidance is $2,571M–$2,625M, or -1.5% to +0.5% QoQ in CC; management cited a strong forward pipeline.
Financial highlights
IFRS IT Services revenue was ₹246,670M, up 0.9% QoQ and 9.0% YoY; operating income was ₹40,726M, up 3.9% QoQ and 6.8% YoY.
Q2 revenue from operations was ₹247,527M versus ₹226,973M a year earlier; profit before tax was ₹42,047M versus ₹42,824M.
Total bookings were $2,595M, down 22.9% QoQ in CC; large-deal bookings were $674M, down 58.6% QoQ in CC.
Outlook and guidance
Q3 guidance reflects typical seasonality, furloughs and fewer working days; furloughs are expected to be broadly in line with last year.
Two deals delayed by unsigned paperwork are expected to close in Q3; management expects strong bookings and said wins could support Q4 revenue.
Management aims to return margins to the 17%–17.5% target band but gave no timeline; AI Native and client/business investments remain priorities.
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Latest events from Wipro
- Sales and software exports grew, while finance faced sharp profit pressure from customer cash-flow issues.WIPRO
Q4 96/97 - Software-led growth lifted FY98 profit, while finance and infrastructure weakness persisted.WIPROQ4 97/98
- Software exports drove strong growth, while finance provisions weighed on reported profit.WIPROQ4 98/99
- FY01 revenue grew 35%, led by Global IT Services; US GAAP operating income rose 102%.WIPROQ4 00/01
- Global IT growth lifted FY00 earnings, with finance exit costs and tax changes shaping the outlook.WIPROQ4 99/00
- Global IT growth and acquisitions offset by margin pressure and lower net income.WIPROQ4 02/03
- Global IT growth lifted profit and cash flow despite market headwinds.WIPROQ4 01/02
- FY05 revenue rose 39%, PAT grew 58%, and operating margin recovered to 22%.WIPROQ4 04/05
- FY04 growth accelerated, led by Global IT, as delivery capacity expanded.WIPROQ4 03/04
- FY06 delivered 30% revenue growth, with margin pressure tempering strong IT-led expansion.WIPROQ4 05/06
Next Wipro earnings date
Q3 26/2715 Jan, 2027
Wipro
Next Wipro earnings date
Q3 26/2715 Jan, 2027
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Frequently asked questions
Wipro Limited provides information technology (IT), consulting, and business process services for the digital era worldwide. The company operates through three segments: IT Services, IT Products, and Consumer Care and Lighting.
In these segments the company offers a range of services, including digital strategy advisory, customer centric design, technology consulting, IT transformation, and industrial IoT. It also provides application development, systems integration, product engineering, infrastructure management, business process outsourcing, and data center management services; data analytics and insights; and marketing solution services.