Wipro Q2 Results: Profit surges by 21% YoY to Rs 3226.60 crore; bonus declared

Wipro’s fiscal second quarter profit grew by 21.0%, with revenue from operations dropping by 1.0%. The IT services segment reported a revenue of $2,660.1 million, down 2.0% YoY, with an operating margin of 16.8%. The company also recommended issuing bonus shares to shareholders and recorded total bookings of $3,561 million.