Slide 1: Financial Performance for the Quarter ended September 30, 2022
Financial Performance for the Quarter ended September 30, 2022 Jatin Dalal Chief Financial Officer Wipro Limited
Slide 2: Revenue for the Quarter
Revenue for the Quarter $ Mn $ 2.80 Bn IT Services Revenue | USD IT services Growth on Constant Currency Basis: ₹ 225.4 Bn QoQ: 4.1% INR Mn YoY: 12.9% Gross Revenue | INR © 2
Slide 3: Operating Margin for the Quarter
Operating Margin for the Quarter IT Services Operating Margin refers to our segment results 15.1 % IT Services Operating Margin QoQ growth IT services OM: INR Mn ₹32.5 Bn 16bps Operating Profit (Wipro Ltd.) in INR © 3
Slide 4: Net Income for the Quarter
Net Income for the Quarter INR Mn Net income refers to the profit attributable to equity share holders of the company ₹ 26.6 Bn Net Income | INR QoQ growth Net Income: 3.7% ₹ 4.86 EPS: 3.6% INR Earnings Per Share | INR © 4
Slide 5: Other highlights
Other highlights 1. All markets grew in double digits YoY, in constant currency terms. Americas 1 led the growth at 15.3% YoY 2. Top 5 clients grew 19% YoY CC and Top 10 clients grew 17% YoY CC 3. Large deal bookings grew by 42% YoY in H1’23. Overall order book in TCV terms grew 24% YoY in Q2’23 4.
Slide 6: Outlook
Outlook for quarter ending December 31, 2022 QoQ growth 0.5% to 2.0% We expect the revenue from our IT Services business to be in the range of $2,811 million to $2,853 million* • Outlook is based on the following exchange rates: GBP/USD at 1.18, Euro/USD at 1.01, AUD/USD at 0.68, USD/INR at 79.47 an
Slide 7: Thank You
wipro’: | Thank You eee
Slide 8: Reconciliation of selected GAAP measures to Non-GAAP measures (1/2)
Reconciliation of selected GAAP measures to Non-GAAP measures (1/2) Reconciliation of Gross Cash and Net Cash as of September 30, 2022 Amount in INR Mn Amount in $Mn1 Computation of Gross Cash and Net Cash Cash & Cash Equivalents 73,023 897 Investments - Current 274,341 3,372 Gross Cash 347,364 4,26
Slide 9: Reconciliation of selected GAAP measures to Non-GAAP measures (2/2)
Reconciliation of selected GAAP measures to Non-GAAP measures (2/2) Reconciliation of Non-GAAP Constant Currency IT Services Revenue to IT Services Revenue as per IFRS ($Mn): Three Months ended September 30, 2022 IT Services Revenue as per IFRS $ 2,797.7 Effect of Foreign currency exchange movement
Slide 10: Segment Information
Segment Information As announced on November 12, 2020, in order to broad base our growth, effective January 1, 2021, the Company re-organized IT Services segment to four Strategic Market Units (“SMUs”) - Americas 1, Americas 2, Europe and Asia Pacific Middle East Africa (“APMEA”). Americas 1 and Ame