Slide 1: Performance for Quarter ended December 31, 2017
Performance for Quarter ended December 31, 2017 Jatin Dalal Chief Financial Officer Wipro Limited
Slide 2: IT Services revenue
IT Services revenue $ 2013.0 Million ↑ 0.9% QoQ growth in constant currency terms ↑ 3.0% YoY growth in constant currency terms © confidential 2
Slide 3: IT Services margin
IT Services margin adjusted margins* ↓ 10 basis points 17.2% from Q2 FY18 reported margins ↓ 250 basis points 14.8% from Q2 FY18 *We have recorded a provision of ₹3,175 million, consequent to insolvency of a customer, post balance sheet date, which has impacted our IT Services margins in Q3 FY18 by
Slide 4: Net income
Net income adjusted net income* ₹ 21.9 Billion reported net income ₹ 19.4 Billion Highlights • Realized rate for IT Services in Q3’18 was ₹65.74 vs. a rate of ₹65.40 realized for Q2. • The Effective Tax Rate for Q3’18 was at 21.7%. **We have recorded a provision of ₹3,175 million, consequent to inso
Slide 5: Operating Cash flow for first nine months of FY'18
Operating Cash flow for first nine months of FY’18 ₹ 76.7 Billion ↑ 14.2% increase in cash flow for first nine months of FY’18 124% of net income for first nine months of FY’18 Gross Cash: ₹28,935 crores © confidential 5
Slide 6: Quarter highlights: business units, geographies and services
Quarter Business Units highlights Banking, Financial ↑ 4.4% QoQ Healthcare & ↑ 2.5% QoQ Services & Insurance in CC terms Lifesciences in CC terms Geographies Services Europe ↑ 4.7% QoQ Business Process Services ↑ 4.7% QoQ in CC terms in CC terms India & ME ↑ 1.4% QoQ Digital ↑ 4.0% QoQ in CC terms i
Slide 7: Quarter highlights
Quarter highlights 1. Top 10 accounts grew by 12% YoY. 2. $50Mn+ accounts increased from 33 in Q3’17 to 41 in Q3’18. 3. Digital revenue surpassed 25% of IT Services. We now have 90,000+ trained on digital skills. 4. Consulting portfolio grew 9.9% QoQ and 31.1% YoY with a 4-quarter CQGR of 7.0%. 5. M
Slide 8: Outlook
Outlook Q4 FY 18 We expect the Revenue from our IT Services business to be in the 1.0% - 3.0% range of $2,033 million to $2,073 in CC terms million*. * Guidance is based on the following exchange rates: GBP/USD at 1.33, Euro/USD at 1.18, AUD/USD at 0.76, USD/INR at 64.49 and USD/CAD at 1.28. © confi
Slide 9: Thank You
wipro'és Thank You
Slide 10: Reconciliation of Selected GAAP measures to Non-GAAP measures
Reconciliation of Selected GAAP measures to Non-GAAP measures Reconciliation of Gross Cash Reconciliation of Free Cash Flow WIPRO LIMITED AND SUBSIDIARIES WIPRO LIMITED AND SUBSIDIARIES (Amounts in ₹crores) Three months ended Nine months ended (Amounts in ₹crores) December 31, 2017 December 31, 2017
Slide 11: Reconciliation of Adjusted Segment Result and Net Income
Reconciliation of Adjusted Segment Result and Net Income Reconciliation of Adjusted Segment Result and Net Income (₹ MN) Three Months ended December 31,2017 IT Services Segment Results 19,590 Profit attributable to Equity Shareholders (Net Income) 19,371 Impact of customer insolvency 3,175 Post-tax