Wipro workforce grows in Q2 as freshers join despite sector slowdown

Wipro added 2,260 employees in the quarter ended 30 September 2025, taking its total workforce to 235,492. The increase was largely driven by fresher hiring, with around 2,900 graduates onboarded during the period, Chief Human Resource Officer Saurabh Govil said during the company’s second-quarter earnings call on 16 October, according to Deccan Herald.

Govil said the company would “continue to hire based on demand and look at campuses.” He also explained Wipro’s shift towards a “train-and-hire” approach. “For the freshers, a lot of focus is train and hire. We are spending time much before they come onboard by working with campuses, their curriculum, assessing them, and onboarding them. We have tried to shift from hire-and-train to train-and-hire so that it helps us speed up deployment on projects,” he said.

The company reported a further decline in attrition. On a last-twelve-month basis, attrition fell to 14.9 per cent in Q2, down from 15.1 per cent in Q1FY26. Utilisation excluding trainees improved to 86.4 per cent from 85 per cent in the previous quarter.

The lower attrition, combined with higher utilisation, has given Wipro scope to balance hiring with demand while continuing to bring in fresh talent through its campus intake.

Wipro reported consolidated profit after tax of ₹3,246 crore in Q2FY26, an increase of 1.15 per cent from ₹3,209 crore a year earlier. Revenue from operations rose 2 per cent to ₹22,697 crore, compared with ₹22,302 crore in the same quarter last year. CNBC-TV18 noted the figure was marginally below analysts’ estimate of ₹22,700 crore.

Chief Executive Officer and Managing Director Srini Pallia said the company’s performance showed signs of recovery. “Our revenue momentum is strengthening, with Europe and APMEA (Asia Pacific, Middle East and Africa) returning to growth, and our operating margins holding steady within the narrow band. Bookings surpassed $9.5 billion for H1-FY26,” he said during the results briefing.

In Q2, Wipro secured large deal wins worth $2.85 billion, higher than $2.67 billion in the previous quarter. Total deal wins stood at $4.67 billion, down 6.7 per cent sequentially but up 30.9 per cent year-on-year in constant currency, according to the company’s disclosure.

For the December quarter, Wipro guided revenue from its IT services business in the range of $2,591 million to $2,644 million. This implies sequential growth of between -0.5 per cent and +1.5 per cent in constant currency terms.

Govil also addressed changes to the US H-1B visa regime. He said nearly 80 per cent of Wipro’s workforce in the United States are locals, reducing the company’s dependency on visa sponsorships. Pallia added that the recently announced fee hikes for H-1B visas would have no impact on the firm’s operations.

Following the earnings release, Wipro’s shares rose 1.39 per cent to close at ₹253.70 on the National Stock Exchange.