Slide 1: Performance for the Quarter ended September 30, 2019
Performance for the Quarter ended September 30, 2019 Jatin Dalal Chief Financial Officer Wipro Limited
Slide 2: Revenue for the quarter
Revenue for the quarter IT Services $ Revenue Mn QoQ growth on Constant Currency basis is 1.1%, while the YoY growth on Constant Currency basis (after adjusting Q2’19 revenues for the impact of divestment of our Workday & Cornerstone business) is 3.8% Gross Revenue in INR Mn © 2
Slide 3: Operating Margins
Operating Margins IT Services Operating Margin Operating Profit in INR Mn © 3
Slide 4: Net Income for the quarter
Net Income for the quarter Net Income in INR Mn Earnings per share in INR Highlights: • The Effective Tax Rate for Q2’20 was 18.3% vs 21.8% in Q1’20 and 22.1% in Q2’19 © 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 106.8% of Net Income Free Cash flow in INR Mn Free Cash Flow is at 84.0% of Net Income © 5
Slide 6: Other highlights
Other highlights 1. Attrition on LTM basis has reduced to 17.0% 2. Localization in US now at 67.8% 3. FPP mix at an all time high of 61.9% 4. Digital now at 39.6%, grew 29.0% YoY 5. Onboarded over 3,200 freshers in Q2 6. Completed share buyback of INR 10,500 crores in Q2 © 6
Slide 7: Outlook for quarter ending December 31, 2019
Outlook for quarter ending December 31, 2019 QoQ growth We expect the revenue from our IT 0.8% to 2.8% Services business to be in the range of $2,065 million to $2,106 million*. * Outlook is based on the following exchange rates: GBP/USD at 1.23, Euro/USD at 1.11, AUD/USD at 0.68, USD/INR at 70.59 a
Slide 8: Thank You
Thank You
Slide 9: Reconciliation of Selected GAAP measures to Non-GAAP measures
Reconciliation of Selected GAAP measures to Non-GAAP measures Reconciliation of Gross Cash as of September 30, 2019 Reconciliation of Free Cash flow for three months and six months ended September 30, 2019 Reconciliation of Free cash flow Wipro Ltd and Subsidiaries ( Amount in INR Crores) Three mont
Slide 10: Reconciliation of Selected GAAP measures to Non-GAAP measures
Reconciliation of Selected GAAP measures to Non-GAAP measures Reconciliation of Non-GAAP Constant Currency IT Services Revenue to IT Services Revenue as per IFRS ($MN) Three Months ended September 30, 2019 IT Services Revenue as per IFRS $ 2,048.9 Effect of Foreign currency exchange movement $ 12.1