Sure, here is a more detailed paraphrasing of the text:Wipro's Q2 net profit rose by **21%** to **Rs 3,209 crore**, beating estimates.

The IT major also announced a **1:1 bonus share issue**.

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On **October 17**, Wipro announced a **21% rise in net profit** at **Rs 3,209 crore** for the September quarter, compared to **Rs 2,646 crore** in the year-ago period.

The IT major also announced a **bonus share issue in the proportion of 1:1**.

The company's consolidated revenue fell by **1% year-on-year** to **Rs 22,302 crore** in the July-September quarter from **Rs 22,543 crore** in the year-ago period.

A Moneycontrol poll of brokerages had projected Wipro’s Q2 net profit to marginally increase to **Rs 3,011 crore**, with revenue expected to grow to **Rs 22,219 crore**, driven by the ramp-up in new deals.

Ahead of the results announcement, Wipro shares fell by **0.

65%** to end at **Rs 528.

7** on NSE on October 17, while the benchmark Nifty50 fell by **0.

9%** for the day.

Wipro reported that its total bookings during the quarter were at **$3.

56 billion**.

Large deal bookings were at **$1.

49 billion**, an increase of **28.

8% on-quarter** and **16.

8% on-year** in constant currency.

Srini Pallia, CEO and Managing Director, said: 'Based on strong execution in Q2, we met our expectations for revenue growth, bookings, and margins.

We continued to expand our top accounts, large deal bookings surpassed **$1 billion** once again, and Capco maintained its momentum for another consecutive quarter.

We grew in three out of four markets, as well as in BFSI, Consumer, and Technology and Communications sectors.

We will continue to invest in our clients, our strategic priorities, and building a strong AI-powered Wipro.

'Wipro's IT services operating margin for the quarter was at **16.

8%**, an increase of **0.

3% quarter-on-quarter** and **0.

7% year-on-year**.

Aparna Iyer, Chief Financial Officer, said: 'On the back of operational improvements, we further expanded our margins by **35 basis points** and our EPS grew by **6.

8% QoQ**.

Our operating cash flow continues to be robust at **132.

3% of net income** in Q2.

As a result, cumulatively in the first half of this year, we generated nearly **$1 billion** in operating cash flow.

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