Slide 1: Performance of Wipro Limited for the Quarter ended December 31, 2009
Performance of Wipro Limited for the Quarter ended December 31, 2009 January 20, 2010 Suresh C Senapaty Executive Director & Chief Financial Officer 20th January, 2010
Slide 2: Financial Summary for the Quarter ended Dec 31, 2009 (Indian GAAP)
Financial Summary for the Quarter ended Dec 31, 2009 (Indian GAAP) Wipro Limited (Consolidated) Revenue Growth Particulars Rs. Crores YoY Revenue 6,966 5% Profits Before Interest & Tax 1,362 21% Profits After Tax 1,217 21% Key Segmental Results Revenue Growth PBIT Growth Segment Rs. Crores YoY Rs. C
Slide 3: Highlights for the Quarter – IT Services
Highlights for the Quarter – IT Services • Positive Demand Environment • Stable Operating Margins • Reported revenue at $1,127Mn, sequential growth of 5.8% • Constant currency revenue at $1,117Mn, sequential growth of 4.9% • Margin at 23.8% , flat QoQ and 3.2% expansion YoY • Revenues from Fixed Pri
Slide 4: Revenue Dynamics – IT Services
Revenue Dynamics – IT Services Service Lines: TIS grew 9% sequentially & 12% YoY Product Engineering Services grew 9% sequentially, while BPO grew 7% sequentially Geographies: Europe grew 5% sequentially India & Middle East business grew 16% sequentially & 22% YoY Other Emerging Markets (w
Slide 5: IT Services – Awards & Recognition
IT Services – Awards & Recognition Awards and Recognition: Won the 2009 Global MAKE (Most Admired Knowledge Enterprises) Award for a third time, for ‘developing knowledge workers through senior management leadership’ and ‘creating an environment for collaborative knowledge sharing’ Awarded the 5
Slide 6: IT Services – Deal Wins
IT Services – Deal Wins •Multi-year strategic program with large Europe-based global steel manufacturer, to leverage our business transformation expertise in strategic restructuring for the client •Multi-year outsourcing engagement with leading global tobacco group to improve the effectiveness and e
Slide 7: Other Highlights
Other Highlights Wipro Consumer Care and Lighting (WCCL) • Consumer Care and Lighting business recorded Revenues of Rs. 6.01 billion, a growth of 14% YoY and PBIT of Rs. 740 million, a growth of 21% YoY. • International Business had a great quarter with leading growth in Vietnam, China and Indonesia
Slide 8: Summary
Summary • Broad based growth driven by significant uptick in Positive Demand Environment volumes • Stable margins despite the lesser number of working days, Solid Execution shutdowns and strong rupee appreciation Robust deal funnel • Deal pipeline remains among the strongest we have seen • Our broad
Slide 9: Looking ahead
Looking ahead Looking ahead, for the quarter ending March 31, 2010, we expect the Revenue from our IT Services business to be in the range $1161Mn* to $1183Mn* *Based on constant currency exchange rates of GBP/USD at 1.63, Euro/USD at 1.46, AUD/USD at 0.91, USD/INR at 46.64 9
Slide 10: Supplemental Data
Supplemental Data Financial Results as per IFRS Key Operating Metrics in IT Services 10
Slide 11: Financial Summary for the Quarter ended December 31, 2009 (IFRS)
Financial Summary for the Quarter ended December 31, 2009 (IFRS) Wipro Limited (Consolidated) Revenue Growth Particulars Rs. Crores YoY Revenue 6,977 6% Profits Before Interest & Tax 1,354 22% Profits After Tax 1,203 19% Key Segmental Results Revenue Growth PBIT Growth Segment Rs. Crores YoY Rs. Cro
Slide 12: Key Operating Metrics in IT Services for the Quarter ended December 31, 2009
Key Operating Metrics in IT Services for the Quarter ended December 31, 2009 Particulars Q3 10 Q2 10 Q3 09 Revenue Composition: Technology, Media & Telecom 26.1% 26.4% 28.8% Financial Services 25.8% 25.7% 26.0% Manufacturing 15.1% 15.6% 15.3% Healthcare & Services 8.7% 8.1% 7.3% Retail & Transportat
Slide 13: Key Operating Metrics in IT Services for the Quarter ended December 31, 2009
Key Operating Metrics in IT Services for the Quarter ended December 31, 2009 Particulars Q3 10 Q2 10 Q3 09 Customer Concentration: Top Customer 2.6% 2.7% 2.5% Top 5 10.8% 11.3% 11.3% Top 10 19.5% 19.7% 20.2% Active Customers 822 840 882 No. of New Customers 31 37 31 Revenue from New Customers 2.2% 1