Wipro Limited · NSE:WIPRO
Wipro — Q2 FY2019 Earnings Presentation
11 slides from Wipro's earnings presentation, Oct 29, 2018
Slide 1: Performance for the Quarter ended September 30, 2018
Performance for the Quarter ended September 30, 2018 Jatin Dalal Chief Financial Officer Wipro Limited Exhibit 99.2
Slide 2: Note
Note Wipro divested its hosted data center services business in Q1 FY19. All sequential and YoY revenue growth percentages are adjusted for it. #IT Services Margin for the quarter ended September 30, 2018 includes a loss of ₹5,141 million from the settlement with one of our key customers. Adjusted I
Slide 3: IT Services Revenue
IT Services Revenue for the quarter $ 2041.2 (up 2.8% QoQ in CC terms; at top end of guidance) Million 143.8 (up 6.2% QoQ) Billion
Slide 4: IT Services Margin
IT Services Margin for the quarter 18.1% reported Margin ↓ 260 basis points from Q1 FY19 reported margins 14.6% adjusted Margin# ↑ 90 basis points from Q1 FY19 reported margins
Slide 5: Net income
Net income for the quarter Highlights: EPS for the quarter was ₹4.19 per share. The Effective Tax Rate for Q2’19 was 22.1%. ₹ 18.9 Billion
Slide 6: Operating Cash flow
Operating Cash flow for the quarter Gross Cash: ₹32,863 crores Net Cash: ₹21,358 crores ₹ 18.6 Billion 98% of Net Income
Slide 7: Quarter highlights
Quarter highlights Business Units Banking, Financial Services & Insurance Consumer Business Unit ↑ 4.4% QoQ in CC terms ↑ 4.8% QoQ in CC terms Geographies US ↑ 3.7% QoQ in CC terms Services Digital Operations & Platforms ↑ 6.2% QoQ in CC terms APAC and Other Emerging Markets ↑ 7.9% QoQ in CC terms E
Slide 8: Other highlights
Other highlights Digital grew 13.4% QoQ and is now at 31.4% of our revenue Top 10 accounts grew 3.6% QoQ in constant currency terms Added 1 account to $100MN+ revenue bucket Added 7 accounts to $10MN+ revenue bucket Localization in US now crossed 60% Efforts savings on FPP projects at 3.0% vs 1.1% i
Slide 9: Outlook for quarter ending December 31, 2018
Outlook for quarter ending December 31, 2018 Outlook is based on the following exchange rates: GBP/USD at 1.31, Euro/USD at 1.17, AUD/USD at 0.73, USD/INR at 72.02 and USD/CAD at 1.31. ^ As part of our India business reorganization, we are carving out our India Public Sector Undertaking (PSU) and In
Slide 10: Thank You
Thank You
Slide 11: Reconciliation of Selected GAAP measures to Non-GAAP measures
Reconciliation of Selected GAAP measures to Non-GAAP measures Wipro Limited and Subsidiaries (Amounts in ₹ crore) Computation of Gross cash position Cash and cash equivalents 7,982 Investments - Current 24,881 Total 32,863 IT Services Revenue to IT Services Revenue as per IFRS ($MN) IT Services Reve