Slide 1: Performance for the Quarter ended December 31, 2019
Performance for the Quarter ended December 31, 2019 Jatin Dalal Chief Financial Officer Wipro Limited Public
Slide 2: Revenue for the quarter
Revenue for the quarter IT Services $ Revenue Mn QoQ & YoY* growth on Constant Currency basis is 1.8% & 3.3% Gross Revenue in INR Mn *The YoY growth rates have been adjusted for the divestment of our Workday & Cornerstone on Demand business. The walk for the same is provided in the end Public © 2
Slide 3: Operating Margins
Operating Margins IT Services Operating Margin IT Services operating margin refers to our segment results Operating Profit in INR Mn Public © 3
Slide 4: Net Income for the quarter
Net Income for the quarter Net Income in INR Mn Net income refers to the profit attributable to equity share holders of the company Earnings per share in INR Note: • The Effective Tax Rate for Q3’20 was 20.0% vs 18.3% in Q2’20 and 21.5% in Q3’19 Public © 4
Slide 5: Cash Flow Metrics for the quarter
Cash Flow Metrics for the quarter Operating Cash flow in INR Mn Operating Cash Flow is at 124% of Net Income Free Cash flow in INR Mn* Free Cash Flow is at 101% of Net Income * Note on the Non-GAAP measures walk has been provided in the annexure Public © 5
Slide 6: Other highlights
Other highlights 1. Secular growth across all geographies, service lines & business units 2. Added 4 accounts to the >$100mn+ bucket YoY 3. Voluntary Attrition on LTM basis has reduced to 15.7% 4. Localization in US now at 70% 5. FPP mix at an all time high of 62.6% 6. Digital now at 39.8%, grew 22.
Slide 7: Outlook for quarter ending March 31, 2020
Outlook for quarter ending March 31, 2020 QoQ growth We expect the revenue from our IT 0.0% to 2.0% Services business to be in the range of $2,095 million to $2,137 million*. * Outlook is based on the following exchange rates: GBP/USD at 1.30, Euro/USD at 1.11, AUD/USD at 0.68, USD/INR at 71.28 and
Slide 8: Thank You
Thank You Public
Slide 9: Reconciliation of selected GAAP measures to Non-GAAP measures
Reconciliation of selected GAAP measures to Non-GAAP measures Reconciliation of gross cash as of December 31, 2019 Reconciliation of gross cash as of December 31,2019 Wipro Ltd and subsidiaries ( Amount in INR Crores) Computation of Gross Cash Cash & Cash Equivalents 18,663.7 Investments - Current 1
Slide 10: Reconciliation of Selected GAAP measures to Non-GAAP measures
Reconciliation of Selected GAAP measures to Non-GAAP measures Reconciliation of Non-GAAP Constant Currency IT Services Revenue to IT Services Revenue as per IFRS ($MN): Three Months ended December 31, 2019 IT Services Revenue as per IFRS $ 2,094.8 Effect of Foreign currency exchange movement $ (9.1)