Slide 1: Performance of Wipro Limited for the Quarter ended September 30, 2009
Performance of Wipro Limited for the Quarter ended September 30, 2009 October 27, 2009 Suresh C Senapaty Executive Director & Chief Financial Officer 27th October, 2009
Slide 2: Financial Summary for the Quarter ended Sept 30, 2009 (Indian GAAP)
Financial Summary for the Quarter ended Sept 30, 2009 (Indian GAAP) Wipro Limited (Consolidated) Revenue Growth Particulars Rs. Crores YoY Revenue 6,917 6% Profits Before Interest & Tax 1,303 18% Profits After Tax 1,162 19% Key Segmental Results Revenue Growth PBIT Growth Segment Rs. Crores YoY Rs.
Slide 3: Highlights for the Quarter – IT Services
Highlights for the Quarter – IT Services • Strong Operational Performance • An improving demand environment • Reported revenue at $1,065Mn, sequential growth of 3.2% • Constant currency revenue at $1,052Mn, sequential growth of 1.9% • Margin expansion to 23.8% , 1.4% QoQ and 2.8% YoY • Revenues from
Slide 4: Revenue Dynamics – IT Services
Revenue Dynamics – IT Services Vertical Distribution Geographical Distribution Technology, Media & Telecom 9.0% 5.4% 26.4% 8.2% US Financial Services 15.2% 1.6% Europe Manufacturing Japan 8.1% Healthcare & Services 26.5% India & Middle Retail & East business Transportation Other Emerging Energy & Ut
Slide 5: IT Services – Ratings & Recognition
IT Services – Ratings & Recognition Credit Rating: Assigned an investment grade rating of "BBB" with a stable outlook, which is higher than India's sovereign rating Awards and Recognition: Joint second position globally in the list of Top 5 Green Electronics Brand test edition of the Greenpeace
Slide 6: IT Services – Deal Wins
IT Services – Deal Wins • Five-year engagement with British Petroleum to provide IT Applications Development and Maintenance services for BP’s Fuels Value Chain and Corporate businesses globally • Multi-year deal with a leading pharmaceutical company to provide end-to-end Infrastructure Management s
Slide 7: Other Highlights
Other Highlights Wipro Consumer Care and Lighting (WCCL) • Consumer Care and Lighting business recorded Revenues of Rs. 5.87 billion, a growth of 11% YoY and PBIT of Rs. 725 million, a growth of 13% YoY • International Business had a great quarter with leading growth in Vietnam, China and Indonesia
Slide 8: Summary
Summary • Unplanned ramp downs have stopped with volumes and Improving Demand Environment pricing started to stabilize • Unwavering commitment to improving ‘Operational Solid Execution efficiency’ continues to pay dividend with 14% sequential growth in Profit After Tax Robust deal funnel • Deal pipe
Slide 9: Looking ahead
Looking ahead Looking ahead, for the quarter ending December 31, 2009, we expect the Revenue from our IT Services business to be in the range $1092*M to $1113*M *Based on constant currency exchange rates of GBP/USD at 1.64, Euro/USD 1.44 and USD/INR at 48.33 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 September 30, 2009 (IFRS)
Financial Summary for the Quarter ended September 30, 2009 (IFRS) Wipro Limited (Consolidated) Revenue Growth Particulars Rs. Crores YoY Revenue 6,918 6% Profits Before Interest & Tax 1,319 20% Profits After Tax 1,171 21% Key Segmental Results Revenue Growth PBIT Growth Segment Rs. Crores YoY Rs. Cr
Slide 12: Key Operating Metrics in IT Services for the Quarter ended September 30, 2009
Key Operating Metrics in IT Services for the Quarter ended September 30, 2009 Particulars Q2 10 Q1 10 Q2 09 Revenue Composition: Technology, Media & Telecom 26.4% 26.7% 29.2% Financial Services 25.7% 26.3% 26.3% Manufacturing 15.6% 15.5% 14.7% Healthcare & Services 8.1% 8.0% 7.9% Retail & Transporta
Slide 13: Key Operating Metrics in IT Services for the Quarter ended September 30, 2009
Key Operating Metrics in IT Services for the Quarter ended September 30, 2009 Particulars Q2 10 Q1 10 Q2 09 Customer Concentration Top Customer 2.7% 2.6% 2.7% Top 5 11.3% 11.4% 11.5% Top 10 19.7% 20.6% 20.4% Active Customers 840 830 906 No. of New Customers 37 26 28 Revenue from New Customers 1.9% 0