Wipro Q2 preview: Analysts see 25-29% YoY revenue jump; Q3 guidance key

Analysts on Dalal Street are pencilling in an upbeat show by IT major Wipro for the second quarter of the financial year 2021-22 (Q2FY22), with revenue rise projections ranging between 25 per cent and 29 per cent on a year-on-year (YoY) basis. Revenue growth, they say, will be driven by the ramp-up of large deals along with contribution from Capco and Ampion acquisitions. The company is slated to post its numbers for the September 2021 quarter on Wednesday, along with its peer Infosys.

During the said quarter, shares of the company managed to outperform the markets, with a gain of 16 per cent as against a 13 per cent rise in the NSE Nifty. However, it lagged the IT pack that added 20 per cent during the period under review.