Slide 1: Performance of Wipro Limited for Quarter ended December 31, 2008
Performance of Wipro Limited for Quarter ended December 31, 2008 January 21, 2009 Suresh C Senapaty Executive Director & Chief Financial Officer 21 January 2009 © 2008 Wipro Ltd - Confidential 1
Slide 2: Financial Summary for Quarter ended December 31, 2008 (Indian GAAP)
Financial Summary for Quarter ended December 31, 2008 (Indian GAAP) Wipro Limited (Consolidated) Revenue Growth Growth Particulars Rs. Crores QoQ YoY Revenue 6,618 2% 25% Profits Before Interest & Tax 1,125 2% 19% Profits After Tax 1,004 3% 18% Key Segmental Results Revenue Growth PBIT Growth Segmen
Slide 3: Highlights for the Quarter – IT Services
Highlights for the Quarter – IT Services • IT Services Revenue based on exchange rate as of Sept 30, 2008 at $1,126Mn against a guidance of $1,121Mn. Constant currency growth of 3.5% seq and 19% YoY • IT Services Revenue in dollar terms was $1,100Mn, a sequential de-growth of -0.9% (growth of 3.5% i
Slide 4: Revenue Dynamics – IT Services
Revenue Dynamics – IT Services Vertical distribution ( Q3 FY09) Geographical distribution ( Q3 FY09) Verticals: • Retail & Transportation grew of 11.4% seq and 38% YoY in constant currency • Financial Services grew 2.1% seq and 28% YoY in constant currency Geography: Europe grew 7.5% seq and 24% Y
Slide 5: IT Services – Client Metrics
IT Services – Client Metrics USD 20Mn+ accounts grew to 52 in Q309 from 50 in Q209 on trailing 12 month basis Million dollar customers increased to 436 in Q309 from 426 in Q209 and 334 in Q3 of last year Awards and Recognition: Received 2 awards at the Outsourcing Institute and Vantage Partner
Slide 6: IT Services – Deal Wins
IT Services – Deal Wins Won 4 multi-year multi-million dollar deals: o Has been selected by Origin Energy as the preferred partner for transformation of its Retail business processes. Wipro will work with Origin in coming years to provide an integrated billing system as well as IT and back office
Slide 7: Other Highlights
Other Highlights Wipro Consumer Care and Lighting (WCCL) • For the quarter, WCCL recorded Revenues of Rs. 5.3Bn, a growth of 21% YoY and PBIT of Rs. 613Mn, a growth of 17% YoY • Unza continued to see good underlying value growth in all markets, with growth rates ahead of GDP growth rates of economie
Slide 8: Summary
Summary • Strong performance considering the underlying uncertainties in the global economy • Continued to win large deals; won 4 multi-year multi-million dollar deals in the current quarter • Operational Parameters show continued improvement offsetting headwinds of drop in reported rate realization
Slide 9: Looking Ahead
Looking Ahead Looking ahead, for the quarter ending March 31, 2009, we expect the Revenue from our IT Services business including Revenues from the acquisition of Citi Technology Services to be approximately $1045 million *based on constant currency exchange rates Constant Currency Exchange Rate GBP
Slide 10: Supplemental Data
Supplemental Data Financial Results as per US GAAP Key Operating Metrics in IT Services Key Client Metrics 10
Slide 11: Financial Summary for Quarter ended December 31, 2008 (U.S GAAP)
Financial Summary for Quarter ended December 31, 2008 (U.S GAAP) Wipro Limited (Consolidated) Revenue Growth Growth Particulars Rs. Crores QoQ YoY Revenue 6,539 2% 25% Profits Before Interest & Tax 1,062 4% 19% Profits After Tax 898 9% 9% Key Segmental Results Revenue Growth PBIT Growth Segment Rs C
Slide 12: Key Operating Metrics in IT Services
Key Operating Metrics in IT Services for Quarter ended December 31, 2008 Particulars Q3 09 Q2 09 Q3 08 Revenue Break-down: Technology, Media & Telecom 29.0% 29.5% 32.8% Financial Services 26.0% 26.3% 24.3% Manufacturing & Healthcare 19.4% 19.4% 18.8% Retail & Transportation 17.5% 16.5% 15.5% E&U 8.1
Slide 13: Key Client Metrics in IT Services
Key Client Metrics in IT Services for Quarter ended December 31, 2008 Particulars Q3 09 Q2 09 Q3 08 Customer Concentration Top Customer 2.5% 2.7% 2.6% Top 5 11.3% 11.5% 11.8% Top 10 20.2% 20.4% 21.3% Active Customers 882 906 915 No. of New Customers 31 28 49 Revenue from New Customers 3.3% 1.6% 2.4%