Wipro Limited · NSE:WIPRO
Wipro — Q2 FY2020 Earnings Presentation
10 slides from Wipro's earnings presentation, Oct 17, 2019
Slide 1: Performance for the Quarter ended September 30, 2019
Performance for the Quarter ended September 30, 2019 Jatin Dalal Chief Financial Officer Wipro Limited Exhibit 99.2
Slide 2: Revenue for the quarter
Revenue for the quarter IT Services $ Revenue Mn Gross Revenue in INR Mn QoQ growth on Constant Currency basis is 1.1%, while the YoY growth on Constant Currency basis (after adjusting Q2’19 revenues for the impact of divestment of our Workday & Cornerstone business) is 3.8%
Slide 3: Operating Margins
Operating Margins IT Services Operating Margin Operating Profit in INR Mn
Slide 4: Net Income for the quarter
Net Income for the quarter Highlights: The Effective Tax Rate for Q2’20 was 18.3% vs 21.8% in Q1’20 and 22.1% in Q2’19 Net Income in INR Mn Earnings per share in INR
Slide 5: Cash Flow Metrics for the quarter
Cash Flow Metrics for the quarter Operating Cash flow in INR Mn Operating Cash Flow is at 106.8% of Net Income Free Cash flow in INR Mn Free Cash Flow is at 84.0% of Net Income
Slide 6: Other highlights
Other highlights Attrition on LTM basis has reduced to 17.0% Localization in US now at 67.8% FPP mix at an all time high of 61.9% Digital now at 39.6%, grew 29.0% YoY Onboarded over 3,200 freshers in Q2 Completed share buyback of INR 10,500 crores in Q2
Slide 7: Outlook for quarter ending December 31, 2019
Outlook for quarter ending December 31, 2019 QoQ growth 0.8% to 2.8% We expect the revenue from our IT Services business to be in the range of $2,065 million to $2,106 million*. * Outlook is based on the following exchange rates: GBP/USD at 1.23, Euro/USD at 1.11, AUD/USD at 0.68, USD/INR at 70.59 a
Slide 8: Thank You
Thank You
Slide 9: Reconciliation of Selected GAAP measures to Non-GAAP measures
Reconciliation of Selected GAAP measures to Non-GAAP measures Reconciliation of Gross Cash as of September 30, 2019 Reconciliation of Free Cash flow for three months and six months ended September 30, 2019
Slide 10: Reconciliation of Selected GAAP measures to Non-GAAP measures
Reconciliation of Selected GAAP measures to Non-GAAP measures