Slide 1: Performance for the Quarter and Year ended March 31, 2018
Performance for the Quarter and Year ended March 31, 2018 Jatin Dalal Chief Financial Officer Wipro Limited
Slide 2: IT Services Revenue for the year
IT Services Revenue for the year $ 8060.2 Million ↑ 4.6% YoY growth in $ terms ↑ 2.9% YoY growth in constant currency terms © 2
Slide 3: IT Services Revenue for the quarter
IT Services Revenue for the quarter $ 2062.0 Million ↑ 2.4% QoQ growth in $ terms ↑ 1.1% QoQ growth in constant currency terms © 3
Slide 4: IT Services Margin for the year
IT Services Margin for the year adjusted margins* 16.8% reported margins 15.8% *adjusted for insolvency of two of our customers and impairment loss in one of our acquisitions. Please refer the table on slide 15 for reconciliation between adjusted and the reported margins © 4
Slide 5: IT Services Margin for the quarter
IT Services Margin for the quarter adjusted margins* 16.0% reported margins 14.4% *adjusted for client insolvency and impairment loss in one of our acquisitions. Please refer the table on slide 15 for reconciliation between adjusted and the reported margins © 5
Slide 6: Net income for the year
Net income for the year ₹ 80.1 Billion Highlights: • The Effective Tax Rate for FY’18 was 21.8% vs 22.8% for FY’17. © 6
Slide 7: Net income for the quarter
Net income for the quarter ₹ 18.0 Billion Highlights: • Realized rate for IT Services Revenue in Q4’18 was ₹65.04 vs. a rate of ₹65.74 realized in Q3. • The Effective Tax Rate for Q4’18 was 20.4%. © 7
Slide 8: Operating Cash flow for the year ended March 2018
Operating Cash flow for the year ended March 31 , 2018 ₹ 84.2 Billion 105% of net income Gross Cash: ₹29,402 crores © 8
Slide 9: Year highlights
Year highlights Business Units Banking, Financial ↑ 14.1% YoY Manufacturing & ↑ 5.8% YoY Services & Insurance in $ terms Technology in $ terms Geographies Services Europe ↑ 9.8% YoY Digital ↑ 27.3% YoY in $ terms in $ terms APAC & Other ↑ 7.1% YoY Application Services ↑ 6.2% YoY in $ terms Emerging
Slide 10: Quarter highlights
Quarter highlights Business Units Banking, Financial ↑ 4.7% QoQ Manufacturing & ↑ 4.1% QoQ Services & Insurance in $ terms Technology in $ terms Geographies Services Europe ↑ 6.5% QoQ Digital ↑ 9.0% QoQ in $ terms in $ terms US ↑ 1.7% QoQ Process Engineering Services ↑ 8.1% QoQ in $ terms in $ terms
Slide 11: Other highlights
Other highlights 1. We surpassed the $8 Billion mark in IT Services Revenue this year. 2. Consulting grew 26.0% during the year. 3. In the last one year, net head count reduced by 1.0% while our revenues increased by 5.5%. 4. In Q4, our Top 10 accounts grew 5.5% QoQ and 14.8% YoY. 5. Added 3 more ac
Slide 12: Outlook
Outlook We expect the Revenue from our IT Services business for the quarter ending June 30, 2018 to be in the range of $2,015 million to $2,065 million*. We had announced the divestiture of our hosted data center services business to Ensono for a consideration of $405 million. We expect the transact
Slide 13: Thank You
wipro'és Thank You
Slide 14: Reconciliation of Selected GAAP measures to Non-GAAP measures
Reconciliation of Selected GAAP measures to Non-GAAP measures Reconciliation of Gross Cash Reconciliation of Non-GAAP constant currency Revenue WIPRO LIMITED AND SUBSIDIARIES Reconciliation of Non-GAAP Constant Currency IT Services Revenue to IT (Amounts in ₹crores) Services Revenue as per IFRS ($MN
Slide 15: Reconciliation of Adjusted Segment Result and Net Income
Reconciliation of Adjusted Segment Result and Net Income Reconciliation of Adjusted Segment Result for the quarter ended March 31, 2018 (₹ MN) IT Services Segment Results 19,323 Impact of customer insolvency & Impairment loss 2,080 Adjusted IT Services Segment Results 21,403 Adjusted IT Services Seg