Gross Revenues grew 6.4% YoY
IT Services Segment Revenue in US Dollar
terms grew by 6.2% YoY in constant currency
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) today
announced financial results under International Financial Reporting
Standards (IFRS) for its third quarter ended December 31, 2016.
Highlights of the
Results
- Gross Revenues were Rs 136.9 billion
($2 billion1), an increase of 6.4% YoY.
- Net Income2 was Rs 21.1 billion ($309
million1), a decrease of 5.7% YoY.
- Non-GAAP constant currency IT Services
Segment Revenue in dollar terms grew 0.6% sequentially and grew
6.2% YoY.
- IT Services Segment Revenue was
$1,902.8 million, a sequential decrease of 0.7% and YoY increase of
3.5%
- IT Services Segment Revenue in Rupee
terms was Rs 132.0 billion ($1.9 billion1), an increase of 7.2%
YoY.
- IT Services Segment Profits3 was Rs
24.2 billion ($355 million1), a decrease of 1.3% YoY.
- IT Services Margins4 was 18.3% for the
quarter, as compared to 17.8% for the quarter ended September 30,
2016.
- Wipro declared an interim dividend of
Rs 2 ($0.031) per share/ADS.
Performance for the quarter ended
December 31, 2016
“Our bold investments in Digital, BPaaS and cloud applications
position Wipro as the partner of choice for the Digital businesses
of our clients. Digital eco-system grew by 9.9% sequentially in the
quarter and now constitutes 21.7% of our revenues,” said Abidali
Z. Neemuchwala, Chief Executive Officer and Member of the
Board. “In the last year, we have invested almost $1 billion in
acquisitions, made 6 investments through Wipro Ventures, funded 8
ideas through our Horizon program, and continued to invest
aggressively in our cognitive platform, Wipro HOLMES and in our
stated localization strategy.”
“We expanded operating margins by 50 basis points in a
seasonally weak quarter and generated strong operating cash flows
by disciplined execution,” said Jatin Dalal, Chief Financial
Officer. “We are significantly leveraging HOLMES, our
automation suite to drive efficiencies in our operations.”
Outlook for the Quarter ending March
31, 2017
We expect Revenues from our IT Services business to be in the
range of $ 1,922 million to $ 1,941 million*.
* Guidance is based on the following exchange rates: GBP/USD at
1.23, Euro/USD at 1.04, AUD/USD at 0.74, USD/INR at 67.73 and
USD/CAD at 1.34.
IT Services
The IT Services segment had a headcount of 179,129 as of
December 31, 2016.
Wipro has won a multi-year engagement with a leading Engineering
& Construction major to transform their services business by
modernizing their facility management platform and back office
operations, leveraging Wipro’s digital and platform-as-a-service
offerings. This program will enable the client to be competitive in
the market place and deliver value to their end-customers.
Wipro has won a multi-year engagement with a large financial
services company in Australia to provide application support,
development and testing services. This program, which will leverage
Wipro’s IP, DevOps and Agile frameworks, will help transform the
client’s delivery capabilities across services.
A leading Australian Banking Group that has retail, commercial
and wealth management products has chosen Wipro as a key
transformation partner for Testing, Test Environment management and
Digital Assurance. The engagement involves the convergence of the
testing and engineering functions across multiple domains and a
progressive automation approach that aligns to the multi-speed
operating model of the Bank.
A leading UK-based bank has renewed an ongoing engagement with
Wipro for a period of 3 years. Wipro will continue to provide core
banking operations-related services for the client’s investment
banking, corporate banking and wealth management operations.
A leading manufacturer of paint products in Australia has
selected Wipro as its strategic IT partner to manage and transform
its IT landscape as part of its digital journey. Wipro will
leverage its digital and Wipro HOLMES Artificial Intelligence
PlatformTM capabilities in the manufacturing domain to deliver
services and solutions to help achieve the customer’s business
goals.
A leading Latin America-based retailer has extended a multi-year
application management services (AMS) contract with Wipro. The
engagement involves the transformation of the retailer’s
applications landscape through standardization and automation of
processes.
Wipro has won an IT infrastructure services engagement with the
North Lanarkshire Council in Scotland. This program will enable the
Council to provide innovative and improved services to its
customers.
A large restaurant franchise chain in Latin America has awarded
a multi-process, multi-year Business Process Services engagement to
Wipro to support its Finance and accounting (F&A) and
HR-Payroll functions.
Digital highlights
Wipro has been cited as a Leader in The Forrester WaveTM: BPM
Service Providers, Q4 2016. The Forrester report recognizes Wipro
for cutting edge design practices to large-scale process
transformation, next-generation capabilities for helping clients
undertake large-scale transformation for digital business
automation, innovative methodologies that combines design thinking
and customer experience design concepts and an instant infusion of
top design talent to help extend its BPM consulting
engagements.
Wipro has been ranked as a “leader” in the ‘Zinnov Zones for
Digital Services in Retail – 2016’ research report by Zinnov
Management Consulting. Wipro was ranked in the leadership Zone and
was ranked as one of the top digital services providers for
retailers in the assessment done basis capabilities and client
feedback.
Wipro Digital has been engaged to lead a DevOps transformation
initiative at a global bank. Wipro will support Process Consulting,
Training & Coaching, DevOps engineering and Enterprise
Architecture, and Blueprint definition and implementation.
A large US-based publishing company has selected Wipro to
identify new market segments and develop differentiated digital
offerings.
Wipro Digital and Designit will develop a Small-Medium
Enterprise proposition for a global, Europe-based bank to identify
the needs and opportunities for this market segment.
Wipro has been chosen as a digital partner by a global fashion
brand to implement an end-to-end B2C IoT solution on wearable
technology. The solution will also be used for online transactions,
branding, and various customer loyalty programs.
Wipro Digital has been selected by a leading digital and
technology company to develop a customer engagement app for use
within the retail environment. This app will be used by hundreds of
employees to record sales and customer interactions.
A few of the notable wins in Cloud Applications are as
follows:
- Wipro was selected as a partner to
transform the Sales, Service & Quote to Cash processes
leveraging leading cloud platforms for an organization which
engineers, manufactures and sells 3D printers.
- A leading APAC bank selected Wipro to
design and deploy their front office applications using a leading
cloud application platform.
- Wipro is helping a global belting
company to redesign and deploy a source-to-pay process using an
emerging SaaS platform.
- A leading American financial services
firm selected Wipro to architect a cloud-based solution to improve
the client engagement across all functions and business units.
- Wipro has been selected by a global
medical devices company to enhance their contact center processes
into a single cloud platform to facilitate a quicker response to
medical emergencies.
- A large multinational courier delivery
services company has awarded a contract to Wipro for testing their
cloud-based HCM applications suite.
Delivery Excellence
“We told Wipro we want to be the first company after
liberalization in the market with a new solution. That gave us 5
months to implement the solution. Wipro acted as a leader from day
one of the project. They were ready with project deliverables and
project teams, which made it easier for my team and our
organization to follow. We have now the most competitive digital
solution in the Danish market,” said Jesper Bak Olesen, CEO,
NRGi Elsalg.
Wipro has deployed a Master Data Management (MDM) for one of the
largest multi-channel specialty retailers of home furnishings and
gourmet cookware. The solution helped the retailer realize $10
Million savings, and enabled improved customer marketing campaigns,
cross-selling and up-selling across brands, reduced marketing costs
and better customer service.
Wipro successfully delivered Data Lineage reports for BCBS 239
compliance for a bank in the US. In this engagement, Wipro
leveraged its IP tool Next Gen DI, which provides the ability to
calculate and generate the end-to-end data lineage after ingesting
metadata from data management applications. As part of this
engagement, Wipro delivered 95% automation in the compliance
reporting process and cut down the delivery cycle time for
compliance reports significantly.
Awards and accolades
Wipro was recognized as the ‘Best Collaboration Partner’ by Land
Transport Authority (LTA), Singapore at the Land Transport
Excellence Awards 2016. The award recognizes the partner who has
demonstrated the highest level of commitment to collaborate and
deliver smart solutions that contribute towards land transport
transformation with LTA.
Wipro and Asahi Beverages, the Australia New Zealand business of
the Japanese beverage giant, were jointly recognized for the ‘Best
BPO Sourcing’ partnership of 2016 by the ANZ Paragon Awards™,
presented by Information Services Group, a leading technology
insights, market intelligence and advisory services company.
Wipro has been recognized as a ‘Leader’ in the report ‘IDC
MarketScape: Worldwide Datacenter Transformation Consulting and
Implementation Services 2016 Vendor Assessment’. As per IDC,
Wipro's DCT portfolio includes consulting, transformation, cloud,
and managed services within the company's datacenter and cloud
practice, which is built around its BoundaryLess Data Center (BLDC)
framework.
Wipro was positioned in the ‘Winner’s Circle’, as a leading PLM
service provider, by HfS Research – a leading analyst firm - in its
report ‘HfS Blueprint Report on PLM services 2016’. The 'Winner's
Circle' of the HfS blueprint represents organizations that
demonstrate excellence in both execution and innovation in PLM
services. The report acknowledges Wipro’s compelling vision,
strategy and commitment to deliver business outcome for PLM
services.
Wipro has been positioned in the ‘Winner's Circle’ by HfS
Research in its 2016 blueprint report on Digital Marketing
Operations. HfS says Wipro is one of the early movers for
intelligent automation, aspiring to use its HOLMES platform to
apply intelligent automation to digital marketing automation.
Wipro is a Leader for the Third Consecutive Year in Gartner’s
Magic Quadrant for Application Testing Services, Worldwide.*
Gartner said Wipro is a good fit for large clients looking for a
partner that can approach testing requirements with breadth and
depth of practice and that can transform and manage large testing
engagements.
Wipro was cited as a Leader in The Forrester WaveTM: B2C Mobile
Services Providers, Q4 2016. The Forrester report has recognized
Wipro for thousands of resources that it can bring to mobile B2C
projects around the globe, including hundreds of designers and UX
specialists and thousands of developers and testers and broad
capabilities for related services - such as security - that it can
tap into, which sets it apart from many of the smaller
mobile-oriented shops.
Wipro has been rated as the leading player in the ‘Zinnov Zones
2016 Product Engineering Services report’ by Zinnov Management
Consulting for the seventh consecutive year. This Zinnov study
evaluated more than 35 global engineering service providers across
the globe in 15 major industry segments. It analyzed responses from
participants across key parameters like product development
capabilities & innovation, client relationships, human capital,
financials, ecosystem linkages, infrastructure, non-linear strategy
and business sustainability.
IT Products
- Revenue for the quarter ended December
31, 2016 was Rs 5.7 billion ($84 million1).
Please refer the table on page 8 for reconciliation between IFRS
IT Services Revenue and IT Services Revenue on a non-GAAP constant
currency basis.
About Non-GAAP financial measures
This press release contains non-GAAP financial measures within
the meaning of Regulation G and Item 10(e) of Regulation S-K. Such
non-GAAP financial measures are measures of our historical or
future performance, financial position or cash flows that are
adjusted to exclude or include amounts that are excluded or
included, as the case may be, from the most directly comparable
financial measure calculated and presented in accordance with
IFRS.
The table on page 8 provides IT Services Revenue on a constant
currency basis, which is a non-GAAP financial measure that is
calculated by translating IT Services Revenue from the current
reporting period into U.S. dollars based on the currency conversion
rate in effect for the prior reporting period. We refer to growth
rates in constant currency so that business results may be viewed
without the impact of fluctuations in foreign currency exchange
rates, thereby facilitating period-to-period comparisons of our
business performance.
This non-GAAP financial measure is not based on any
comprehensive set of accounting rules or principles and should not
be considered a substitute for, or superior to, the most directly
comparable financial measure calculated in accordance with IFRS,
and may be different from non-GAAP measures used by other
companies. In addition to this non-GAAP measure, the financial
statements prepared in accordance with IFRS and the reconciliation
of these non-GAAP financial measures with the most directly
comparable IFRS financial measure should be carefully
evaluated.
Results for the quarter ended December 31, 2016, prepared
under IFRS, along with individual business segment reports, are
available in the Investors section of our website
www.wipro.com.
Quarterly Conference Call
We will hold an earnings conference call today at 07:15 p.m.
Indian Standard Time (08:45 a.m. U.S. Eastern Time) to discuss our
performance for the quarter. The audio from the conference call
will be available online through a web-cast and can be accessed at
the following link-
http://services.choruscall.eu/links/wipro170125.html
An audio recording of the management discussions and the
question and answer session will be available online and will be
accessible in the Investor Relations section of our website at
www.wipro.com.
* Gartner does not endorse any vendor, product or service
depicted in its research publications, and does not advise
technology users to select only those vendors with the highest
ratings or other designation. Gartner research publications consist
of the opinions of Gartner's research organization and should not
be construed as statements of fact. Gartner disclaims all
warranties, expressed or implied, with respect to this research,
including any warranties of merchantability or fitness for a
particular purpose.
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading
information technology, consulting and business process services
company that delivers solutions to enable its clients to do
business better. Wipro delivers winning business outcomes through
its deep industry experience and a 360-degree view of “Business
through Technology.” By combining digital strategy, customer
centric design, advanced analytics and product engineering
approach, Wipro helps its clients create successful and adaptive
businesses. A company recognized globally for its comprehensive
portfolio of services, strong commitment to sustainability and good
corporate citizenship, Wipro has a dedicated workforce of over
170,000, serving clients across 6 continents. For more information,
please visit www.wipro.com.
Forward-looking statements
The forward-looking statements contained herein represent
Wipro’s beliefs regarding future events, many of which are by their
nature, inherently uncertain and outside Wipro’s control. Such
statements include, but are not limited to, statements regarding
Wipro’s growth prospects, its future financial operating results,
and its plans, expectations and intentions. Wipro cautions readers
that the forward-looking statements contained herein are subject to
risks and uncertainties that could cause actual results to differ
materially from the results anticipated by such statements. Such
risks and uncertainties include, but are not limited to, risks and
uncertainties regarding fluctuations in our earnings, revenue and
profits, our ability to generate and manage growth, intense
competition in IT services, our ability to maintain our cost
advantage, wage increases in India, our ability to attract and
retain highly skilled professionals, time and cost overruns on
fixed-price, fixed-time frame contracts, client concentration,
restrictions on immigration, our ability to manage our
international operations, reduced demand for technology in our key
focus areas, disruptions in telecommunication networks, our ability
to successfully complete and integrate potential acquisitions,
liability for damages on our service contracts, the success of the
companies in which we make strategic investments, withdrawal of
fiscal governmental incentives, political instability, war, legal
restrictions on raising capital or acquiring companies outside
India, unauthorized use of our intellectual property, and general
economic conditions affecting our business and industry. Additional
risks that could affect our future operating results are more fully
described in our filings with the United States Securities and
Exchange Commission, including, but not limited to, Annual Reports
on Form 20-F. These filings are available at www.sec.gov. We may,
from time to time, make additional written and oral forward-looking
statements, including statements contained in the company’s filings
with the Securities and Exchange Commission and our reports to
shareholders. We do not undertake to update any forward-looking
statement that may be made from time to time by us or on our
behalf.
1. For the convenience of the reader, the amounts in Indian
Rupees in this release have been translated into United States
Dollars at the noon buying rate in New York City on December 30,
2016, for cable transfers in Indian Rupees, as certified by the
Federal Reserve Board of New York, which was US $1= Rs 67.92.
However, the realized exchange rate in our IT Services business
segment for the quarter ended December 31, 2016 was US$1= Rs
69.35
2. Net Income refers to ‘Profit for the period attributable to
equity holders of the Company’
3. Segment Profit refers to segment results. Effective April 1,
2016, the segment results is measured after including the
amortization charge for acquired intangibles to the respective
segments. Such costs were classified under reconciling items until
the fiscal year ended March 31, 2016. Comparative information has
been restated to give effect to the same.
4. Margins have been computed based on the change as listed in
footnote 3. above
Wipro Limited and subsidiaries
CONDENSED CONSOLIDATED INTERIM STATEMENT OF FINANCIAL POSITION
(Rupees in millions, except share and per share data, unless
otherwise stated)
As of March 31,
As of December 31,
2016 2016 2016
Conveniencetranslation into
USdollar in millions(unaudited) -
Referfootnote 1 on Page 1
ASSETS
Goodwill 101,991 130,749 1,925 Intangible assets 15,841 19,927 293
Property, plant and equipment 64,952 70,362 1,036 Derivative assets
260 44 1 Investments 4,907 10,568 156 Non-current tax assets 11,751
11,938 176 Deferred tax assets 4,286 3,495 51 Other non-current
assets 15,828 16,072 237
Total non-current assets 219,816
263,155 3,875 Inventories 5,390 5,617 83 Trade receivables
100,976 107,375 1,580 Other current assets 32,894 28,919 426
Unbilled revenues 48,273 46,026 678 Investments 204,244 271,613
3,999 Current tax assets 7,812 9,913 146 Derivative assets 5,549
7,110 105 Cash and cash equivalents 99,049 59,940 883
Total
current assets 504,187 536,513 7,900
TOTAL ASSETS
724,003 799,668 11,775
EQUITY
Share capital 4,941 4,861 72 Share premium 14,642 458 7 Retained
earnings 425,106 474,079 6,980 Share based payment reserve 2,229
3,120 46 Other components of equity 18,242 23,343 344 Equity
attributable to the equity holders of the Company 465,160 505,861
7,449 Non-controlling interest 2,224 2,463 36
Total equity
467,384 508,324 7,485
LIABILITIES
Long - term loans and borrowings 17,361 20,018 295 Deferred tax
liabilities 5,108 7,919 117 Derivative liabilities 119 3 -
Non-current tax liabilities 8,231 9,501 140 Other non-current
liabilities 7,225 6,325 93 Provisions 14 17 -
Total non-current
liabilities 38,058 43,783 645 Loans, borrowings and bank
overdrafts 107,860 136,310 2,007 Trade payables and accrued
expenses 68,187 69,376 1,021 Unearned revenues 18,076 18,418 271
Current tax liabilities 7,015 7,601 112 Derivative liabilities
2,340 1,929 28 Other current liabilities 13,821 12,737 188
Provisions 1,262 1,190 18
Total current liabilities 218,561
247,561 3,645
TOTAL LIABILITIES 256,619 291,344 4,290
TOTAL EQUITY AND LIABILITIES 724,003 799,668
11,775
Wipro Limited and subsidiaries
CONDENSED CONSOLIDATED INTERIM STATEMENTS OF INCOME (Rupees in
millions, except share and per share data, unless otherwise stated)
Three Months ended December 31,
Nine Months ended December 31,
2015 2016 2016 2015 2016
2016
Convenience translation into
USdollar in millions (unaudited)Refer footnote
1on Page 1
Convenience translation into
USdollar in millions (unaudited)Refer footnote 1
onPage 1
Gross revenues 128,605 136,878 2,015 376,116 410,527 6,044 Cost of
revenues (90,270 ) (96,576 ) (1,422 ) (260,881 ) (290,773 ) (4,281
)
Gross profit 38,335 40,302 593
115,235 119,754 1,763 Selling and
marketing expenses (8,362 ) (9,226 ) (136 ) (25,114 ) (28,981 )
(427 ) General and administrative expenses (7,050 ) (8,610 ) (127 )
(20,830 ) (24,754 ) (364 ) Foreign exchange gains/(losses), net 911
767 11 2,774 3,032 45
Results from operating
activities 23,834 23,233 341 72,065
69,051 1,017 Finance expenses (1,423 ) (1,366
) (20 ) (4,298 ) (4,130 ) (61 ) Finance and other income 6,292
5,719 84 17,945 16,024 236
Profit before tax 28,703
27,586 405 85,712 80,945 1,192
Income tax expense (6,245 ) (6,440 ) (95 ) (18,718 ) (18,471
) (272 )
Profit for the period 22,458
21,146 310 66,994
62,474 920 Attributable
to: Equity holders of the company 22,369 21,094 309 66,695 62,284
917 Non-controlling interest 89 52 1
299 190 3
Profit for the period
22,458 21,146 310 66,994 62,474
920
Earnings per equity
share: Attributable to equity share holders of the
company Basic 9.10 8.73 0.13 27.15 25.61 0.38 Diluted 9.08 8.70
0.13 27.10 25.54 0.38 Weighted average number of equity
shares used in computing earnings per equity share Basic
2,457,022,905 2,417,470,626 2,417,470,626 2,456,551,992
2,431,967,685 2,431,967,685 Diluted 2,462,220,926 2,423,740,144
2,423,740,144 2,461,282,411 2,438,741,410 2,438,741,410
Additional Information Segment Revenue IT Services
Business Units BFSI 32,322 33,843 498 95,595 101,056 1,489 HLS
14,719 20,972 309 41,453 61,786 910 CBU 20,334 20,780 306 58,544
62,213 916 ENU 17,709 17,131 252 52,949 51,368 756 MNT 28,566
29,517 435 83,675 88,518 1,303 COMM 9,497 9,718
143 27,132 29,478 434
IT SERVICES TOTAL 123,147 131,961 1,943 359,348 394,419
5,808 IT PRODUCTS 6,503 5,713 84 20,119 19,309 284 RECONCILING
ITEMS (134 ) (29 ) - (577 ) (169 ) (2 ) TOTAL
129,516 137,645 2,027 378,890
413,559 6,090
Segment Result
IT Services Business Units BFSI 7,142 6,413 93 20,971 19,786
291 HLS 3,165 3,400 50 8,942 9,490 140 CBU 3,606 3,415 50 9,926
10,774 159 ENU 3,208 3,856 57 10,067 10,324 152 MNT 5,895 5,355 79
18,098 17,484 257 COMM 1,510 1,604 24 4,311 4,700 69 OTHERS - - - -
UNALLOCATED (49 ) 112 2 759 (1,762 )
(26 )
TOTAL IT SERVICES 24,477 24,155 355 73,074
70,796 1,042 IT PRODUCTS (541 ) (586 ) (9 ) (682 ) (1,252 ) (18 )
RECONCILING ITEMS (102 ) (336 ) (5 ) (327 ) (493 ) (7
) TOTAL 23,834 23,233 341 72,065
69,051 1,017 FINANCE EXPENSE (1,423 ) (1,366 )
(20 ) (4,298 ) (4,130 ) (61 ) FINANCE AND OTHER INCOME 6,292
5,719 84 17,945 16,024
236 PROFIT BEFORE TAX 28,703 27,586 405 85,712 80,945 1,192
INCOME TAX EXPENSE (6,245 ) (6,440 ) (95 ) (18,718 ) (18,471
) (272 )
PROFIT FOR THE PERIOD 22,458
21,146 310
66,994
62,474 920 Segment result
represents operating profits of the segments and dividend income
and gains or losses (net) relating to strategic investments, which
are presented within “Finance and other income” in the statement of
Income.
The Company is organized by the following
operating segments; IT Services and IT Products.
The IT Services segment primarily consists
of IT Service offerings to customers organized by industry
verticals. Effective April 1, 2016, we realigned our industry
verticals. The Communication Service Provider business unit was
regrouped from the former GMT industry vertical into a new industry
vertical named “Communications.” The Media business unit from the
former GMT industry vertical has been realigned with the former
RCTG industry vertical which has been renamed as “Consumer Business
Unit” industry vertical. Further, the Network Equipment Provider
business unit of the former GMT industry vertical has been
realigned with the Manufacturing industry vertical to form the
“Manufacturing and Technology” industry vertical. The revised
industry verticals are as follows: Finance Solutions (BFSI),
Healthcare, Lifesciences & Services (HLS), Consumer (CBU),
Energy, Natural Resources & Utilities (ENU), Manufacturing
& Technology (MNT), Communications (COMM). IT Services segment
also includes Others which comprises dividend income and gains or
losses (net) relating to strategic investments, which are presented
within “Finance and other income” in the statement of Income. Key
service offerings to customers include software application
development and maintenance, research and development services for
hardware and software design, business application services,
analytics, consulting, infrastructure outsourcing services and
business process services. In the IT Products segment, the Company
is a value added reseller of desktops, servers, notebooks, storage
products, networking solutions and packaged software for leading
international brands. In certain total outsourcing contracts of the
IT Services segment, the Company delivers hardware products,
software licenses and other related deliverables.
Reconciliation of Non-GAAP
Constant Currency IT Services Revenue to IT Services Revenue as per
IFRS ($MN)
Three Months ended December 31,
2016
Three Months ended December 31, 2016 IT Services Revenue as
per IFRS $ 1,902.8 IT Services Revenue as per IFRS $ 1,902.8 Effect
of Foreign currency exchange movement $ 25.1 Effect of
Foreign currency exchange movement $ 48.7 Non-GAAP Constant
Currency IT Services Revenue based on previous quarter exchange
rates $ 1,927.9 Non-GAAP Constant
Currency IT Services Revenue based on previous year exchange rates
$ 1,951.5
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170125005724/en/
Wipro LimitedInvestor RelationsPavan N Rao, +91-80-4672
6143pavan.rao@wipro.comorAbhishek Kumar Jain, +1 978 826
4700abhishekkumar.jain@wipro.comorMedia & PressVipin
Nair, +91-80-3991 6450vipin.nair1@wipro.com
Wipro (NYSE:WIT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Wipro (NYSE:WIT)
Historical Stock Chart
From Sep 2023 to Sep 2024