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Wipro Limited and Subsidiaries |
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| CONDENSED CONSOLIDATED INTERIM STATEMENTS OF INCOME |
| (Rupees in millions, except share and per share data, unless otherwise stated) |
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Three months ended March 31, |
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Year ended March 31, |
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2017 |
2018 |
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2018 |
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2017 |
2018 |
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2018 |
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Convenience translation into US dollar in millions (unaudited) Refer Footnote 1 |
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Convenience translation into US dollar in millions (unaudited) Refer Footnote 1 |
| Gross revenues |
139,875 |
|
137,686 |
|
2,115 |
|
550,402 |
544,871 |
|
8,368 |
| Cost of revenues |
(100,771) |
|
(97,794) |
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(1,502) |
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(391,544) |
(385,575) |
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(5,922) |
| Gross profit |
39,104 |
|
39,892 |
|
613 |
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158,858 |
159,296 |
|
2,446 |
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| Selling and marketing expenses |
(11,836) |
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(11,263) |
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(173) |
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(40,817) |
(42,349) |
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(650) |
| General and administrative expenses |
(7,267) |
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(9,801) |
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(151) |
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(32,021) |
(34,141) |
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(524) |
| Foreign exchange gains/(losses), net |
745 |
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557 |
|
9 |
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3,777 |
1,488 |
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23 |
| Other Operating Income |
4,082 |
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– |
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– |
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4,082 |
– |
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– |
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| Results from operating activities |
24,828 |
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19,385 |
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298 |
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93,879 |
84,294 |
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1,295 |
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| Finance expenses |
(1,170) |
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(1,564) |
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(24) |
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(5,942) |
(5,830) |
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(90) |
| Finance and other income |
5,753 |
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4,803 |
|
74 |
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22,419 |
23,999 |
|
369 |
| Share of profits/(loss) of equity accounted investee |
– |
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(3) |
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– |
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– |
11 |
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– |
| Profit before tax |
29,411 |
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22,621 |
|
348 |
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110,356 |
102,474 |
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1,574 |
| Income tax expense |
(6,742) |
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(4,615) |
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(71) |
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(25,213) |
(22,390) |
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(344) |
| Profit for the period |
22,669 |
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18,006 |
|
277 |
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85,143 |
80,084 |
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1,230 |
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| Attributable to: |
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| Equity holders of the Company |
22,611 |
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18,028 |
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277 |
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84,895 |
80,081 |
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1,230 |
| Non-controlling interest |
58 |
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(22) |
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– |
|
248 |
3 |
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– |
| Profit for the period |
22,669 |
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18,006 |
|
277 |
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85,143 |
80,084 |
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1,230 |
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| Earnings per equity share: |
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| Attributable to equity share holders of the Company |
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| Basic |
4.68 |
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4.00 |
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0.06 |
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17.48 |
16.86 |
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0.26 |
| Diluted |
4.66 |
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4.00 |
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0.06 |
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17.43 |
16.83 |
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0.26 |
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| Weighted average number of equity shares used in |
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| computing earnings per equity share |
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| Basic |
4,835,568,066 |
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4,503,353,231 |
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4,503,353,231 |
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4,857,081,010 |
4,750,043,400 |
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4,750,043,400 |
| Diluted |
4,849,694,210 |
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4,511,906,041 |
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4,511,906,041 |
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4,871,347,138 |
4,758,361,975 |
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4,758,361,975 |
| Additional Information |
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| Segment Revenue |
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| IT Services Business Units |
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| BFSI |
34,911 |
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39,013 |
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599 |
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135,967 |
148,062 |
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2,274 |
| HLS |
20,456 |
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18,575 |
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285 |
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82,242 |
74,177 |
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1,139 |
| CBU |
21,204 |
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21,029 |
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323 |
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83,417 |
83,762 |
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1,286 |
| ENU |
17,515 |
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16,768 |
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258 |
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68,883 |
68,427 |
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1,051 |
| MNT |
30,657 |
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30,870 |
|
474 |
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119,175 |
120,272 |
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1,847 |
| COMM |
9,278 |
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7,864 |
|
121 |
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38,756 |
33,710 |
|
518 |
| IT SERVICES TOTAL |
134,021 |
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134,119 |
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2,060 |
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528,440 |
528,410 |
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8,115 |
| IT PRODUCTS |
6,613 |
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4,169 |
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64 |
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25,922 |
17,998 |
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276 |
| RECONCILING ITEMS |
(14) |
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(45) |
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(1) |
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(183) |
(49) |
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(1) |
| TOTAL |
140,620 |
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138,243 |
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2,123 |
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554,179 |
546,359 |
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8,390 |
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| Other operating Income |
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| IT Services |
4,082 |
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4,082 |
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| IT Products |
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| Segment Result |
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| IT Services Business Units |
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| BFSI |
5,153 |
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6,298 |
|
97 |
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24,939 |
24,626 |
|
378 |
| HLS |
(11) |
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1,824 |
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28 |
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9,479 |
9,620 |
|
148 |
| CBU |
3,719 |
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3,013 |
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46 |
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14,493 |
13,060 |
|
201 |
| ENU |
4,097 |
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2,286 |
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35 |
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14,421 |
8,060 |
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124 |
| MNT |
5,969 |
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5,475 |
|
84 |
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23,453 |
21,742 |
|
334 |
| COMM |
1,449 |
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(753) |
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(12) |
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6,149 |
3,158 |
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49 |
| OTHERS |
– |
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– |
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– |
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– |
– |
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| Other Operating Income |
4,082 |
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4,082 |
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| UNALLOCATED |
811 |
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1,180 |
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18 |
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(951) |
3,347 |
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51 |
| TOTAL IT SERVICES |
25,269 |
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19,323 |
|
296 |
|
96,065 |
83,613 |
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1,285 |
| IT PRODUCTS |
(428) |
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48 |
|
1 |
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(1,680) |
362 |
|
6 |
| RECONCILING ITEMS |
(13) |
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14 |
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– |
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(506) |
319 |
|
5 |
| TOTAL |
24,828 |
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19,385 |
|
297 |
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93,879 |
84,294 |
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1,295 |
| FINANCE EXPENSE |
(1,170) |
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(1,564) |
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(24) |
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(5,942) |
(5,830) |
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(90) |
| FINANCE AND OTHER INCOME |
5,753 |
|
4,803 |
|
74 |
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22,419 |
23,999 |
|
369 |
| SHARE OF PROFIT/(LOSS) OF EQUITY ACCOUNTED INVESTEE |
– |
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(3) |
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– |
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– |
11 |
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0 |
| PROFIT BEFORE TAX |
29,411 |
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22,621 |
|
347 |
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110,356 |
102,474 |
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1,575 |
| INCOME TAX EXPENSE |
(6,742) |
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(4,615) |
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(71) |
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(25,213) |
(22,390) |
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(344) |
| PROFIT FOR THE PERIOD |
22,669 |
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18,006 |
|
276 |
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85,143 |
80,084 |
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1,231 |
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