6-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934

For the month of April 2010

Commission File Number 001-16139

Wipro Limited

(Exact name of Registrant as specified in its charter)

Not Applicable
(Translation of Registrant’s name into English)

Karnataka, India
(Jurisdiction of incorporation or organization)

Doddakannelli
Sarjapur Road
Bangalore, Karnataka 560035, India +91-80-2844-0011
(Address of principal executive offices)

     Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F: Form 20-F þ Form 40-F o

     Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes o No þ

     Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

     Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes o No þ

     Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

TABLE OF CONTENTS

EX-99.1

EX-99.2

EX-99.3

DISCLOSURE OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION

     Wipro Limited (the “Company”) hereby furnishes the Securities and Exchange Commission with copies of the following documents concerning its public disclosures regarding its results of operations for the quarter ended March 31, 2010. The following information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in any such filing.

     On April 23, 2010, the Company announced its results of operations for the three months ended March 31, 2010. The Company issued a press release announcing its results under International Financial Reporting Standards (“IFRS”), a copy of which is attached to this Form 6-K as Item 1.

     On April 23, 2010, the Company held a press conference to announce its results. The presentation made by the Company at the press conference is attached to this Form 6-K as Item 2.

     The Company placed advertisements in certain Indian newspapers concerning its results of operations for the three months ended March 31, 2010 under IFRS. A copy of the form of this advertisement is attached to this Form 6-K as Item 3.

Forward-looking and Cautionary Statements

     In addition to historical information, the attached exhibits (the “Exhibits”) contain certain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained therein represent the Company’s beliefs regarding future events, many of which are, by their nature, inherently uncertain and outside the Company’s control. Such statements include, but are not limited to, statements regarding the Company’s growth prospects, its future financial operating results, and its plans, expectations and intentions.

     The Company cautions readers that the forward-looking statements contained in the Exhibits 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 the Company’s earnings, revenue and profits, the Company’s ability to generate and manage growth, intense competition in IT services, the Company’s ability to maintain its cost advantage, wage increases in India, the Company’s ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, the Company’s ability to manage iits international operations, reduced demand for technology in the Company’s key focus areas, disruptions in telecommunication networks, the Company’s ability to successfully complete and integrate potential acquisitions, liability for damages on the Company’s service contracts, the success of the companies in which the Company makes strategic investments, the withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of the Company’s intellectual property, and general economic conditions affecting the Company’s business and industry. Additional risks that could affect the Company’s future operating results are more fully described in the Company’s other filings with the United States Securities and Exchange Commission, including, but not limited to, its Annual Reports on Form 20-F. These filings are available at www.sec.gov. The Company does not undertake to update any forward-looking statement that may be made from time to time by itself or on its behalf.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly organized.

Wipro Limited
 

/s/ Suresh C. Senapaty  

Suresh C. Senapaty 

Chief Financial Officer & Director 

Dated: April 23, 2010

INDEX TO EXHIBITS

Item

1.	IFRS Press Release
2.	Presentation made by the Company at the Press Conference on April 23, 2010
3.	Form of Advertisement Placed in Indian Newspapers

EX-99.1

Exhibit 1

FOR IMMEDIATE RELEASE

Results for the quarter and year ended March 31, 2010 under IFRS

Wipro Records 21% YoY Growth in Profit After Tax in Q4 FY10

     Board of Directors recommends final dividend of Rs 6 per share and a Bonus Issue of 2:3

Bangalore, India and East Brunswick, New Jersey, USA — April 23, 2010 — Wipro Limited (NYSE:WIT) today announced financial results under International Financial Reporting Standards (IFRS) for its fourth fiscal quarter and year ended March 31, 2010.

Highlights of the Results:
Results for the Quarter ended March 31, 2010

Ø	IT Services Revenue in constant currency was $1,180 million, with a sequential increase of 4.7%. On a YoY basis, the constant currency revenue increase was 7.8%.
Ø	Total Revenues were Rs. 69.83 billion ($1.55 billion1), representing an increase of 8% over the same period last year.
Ø	IT Services Revenue in dollar terms was $1,166 million, a sequential increase of 3.5% and YoY increase of 11.5%.
Ø	Net Income was Rs. 12.09 billion ($269 million1) on a GAAP basis, representing an increase of 21% over the same period last year.
Ø	Non-GAAP Adjusted Net Income (excluding impact of accelerated amortization of stock based compensation) was Rs. 12.12 billion ($270 million1), representing an increase of 21% over the same period last year.
Ø	IT Services Revenues were Rs. 52.60 billion ($1,170 million1), representing an increase of 7% over the same period last year.
Ø	IT Services Earnings Before Interest and Tax (EBIT) was Rs. 12.72 billion ($283 million1), representing an increase of 20% over the same period last year.
Ø	IT Services added 27 new clients in the quarter.
Ø	Net addition of 5,325 employees in the current quarter.
Ø	Local Nationals overseas have increased by 10% to 39% over the same period last year..
Ø	IT Products recorded a 2% growth in Revenues over the same period last year.
Ø	Consumer Care and Lighting Revenue grew 27% over the same period last year and EBIT grew 16%

Results for the year ended March 31, 2010

Ø	Total Revenues were Rs. 271.24 billion ($6.03 billion1), representing an increase of 6% over the same period last year.
Ø	IT Services Revenues were $4,390 million, an increase of 1.6% YoY and 1.8% in constant currency.
Ø	Net Income was Rs. 45.93 billion ($1.02 billion1), representing an increase of 18% over the same period last year.

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 March 31, 2010, for cable transfers in Indian rupees, as certified by the Federal Reserve Board of New York, which was US $1=Rs.44.95. However, the realized exchange rate in our IT Services business segment for the quarter ended March 31, 2010 was US$1=Rs.45.11

Ø	Non-GAAP Adjusted Net Income (excluding impact of accelerated amortization of stock based compensation) was Rs. 45.86 billion ($1.02 billion1), representing an increase of 18% over the same period last year.
Ø	IT Services Revenues were Rs. 202.49 billion ($4.50 billion1), representing an increase of 6% over the same period last year.
Ø	IT Services Earnings Before Interest and Tax (EBIT) was Rs. 47.41 billion ($1.05 Billion1), representing an increase of 18% over the same period last year.
Ø	IT Services added 121 new clients in the year.
Ø	IT Products Revenue grew 11% over the same period last year and EBIT grew by 29%.
Ø	Consumer Care and Lighting Revenue grew 17% over the same period last year, and EBIT grew 19%.
Ø	Our Board of Directors recommends a final cash dividend of Rs. 6 per share/ADS, subject to shareholder approval at the Annual General Meeting scheduled in July 2010.
Ø	Board of Directors recommends issue of bonus shares to shareholders (including to ADS holders) in the ratio of two additional shares for every three shares held subject to shareholder approval in the Annual General Meeting scheduled in July 2010.

Performance for the year ended March 31, 2010 and Outlook for our Quarter ending June 30, 2010

Azim Premji Chairman of Wipro, commenting on the results said -

“We have seen another strong quarter of broad based, volume led growth. We saw good recovery in our challenged verticals of Technology and Telecom. The business environment is returning to normal. For the quarter ending June 30, 2010, we expect revenues from our IT Services business to be in the range of $1,190 million to $1,215 million.*”

Suresh Senapaty, Executive Director & Chief Financial Officer of Wipro, said -

“We had a satisfying quarter. We delivered close to the upper end of our guidance with revenues of $1,180 million in constant currency. We have driven up margins by 60 basis points despite headwinds of wage increases, rupee appreciation and the impact of cross currency.”

* Guidance is based on the following constant currency exchange rates: GBP/USD at 1.54, Euro/USD at 1.36, AUD/USD at O.91, USD/INR at 45.60

Wipro Limited

Total Revenue for our year ended March 31, 2010 was Rs. Rs. 271.24 billion ($6.03 billion¹), representing an increase of 6% over the same period last year. Net Income for our year ended March 31, 2010 was Rs. 45.93 billion ($1.02 billion¹), representing an increase of 18% over the same period last year. Non-GAAP Adjusted Net Income (excluding impact of accelerated amortization of stock based compensation) for the year ended March 31, 2010 was Rs. 45.86 billion ($1.02 million¹), representing an increase of 18% over the same period last year. Earnings Per Share for our year ended March 31, 2010 was Rs. 31.52 ($0.70¹), representing an increase of 18% over the same period last year. Non-GAAP Adjusted Earnings Per Share (excluding the impact of accelerated amortization of stock based compensation) for our year ended March 31, 2010 were Rs. 31.5 ($0.7^{1 )}, representing an increase of 18% over the same period last year.

Total Revenue for our quarter ended March 31, 2010 was Rs. 69.83 billion ($1.55 billion¹), representing an increase of 8% over the same period last year. Net Income for our quarter ended March 31, 2010 was Rs. 12.09 billion ($269 million¹), representing an increase of 21% over the same period last year. Non-GAAP

Adjusted Net Income (excluding impact of accelerated amortization of stock based compensation) for our quarter ended March 31, 2010 was Rs. 12.12 billion ($270 million¹), representing an increase of 21% over the same period last year. Earnings Per Share for our quarter ended March 31, 2010 were Rs. 8.29 ($0.18¹). Non-GAAP Adjusted Earnings Per Share (excluding the impact of accelerated amortization of stock based compensation) for our quarter ended March 31, 2010 were Rs. 8.3 ($0.18¹⁾, representing an increase of 21% over the same period last year.

Reconciliation between IFRS net income and Non-GAAP adjusted net income (excluding impact of accelerated stock based compensation) is provided in the table on page 9.

IT Services (75% of Total Revenue and 92% of Operating Income for our year ended March 31, 2010)

Our IT Services business segment recorded Revenue of Rs. 202.49 billion² ($4.5 billion¹) for our year ended March 31, 2010, representing an increase of 6% over the same period last year. EBIT for this segment was Rs. 47.41 billion ($1.05 billion¹) for our year ended March 31, 2010, representing an increase of 18% over the same period last year.

Our Operating Income to Revenue for this segment was 23.4% for year ended March 31, 2010.

Our IT Services business segment recorded Revenue of Rs. 52.60 billion² ($1,170 million¹) for our quarter ended March 31, 2010, representing an increase of 7% over the same period last year. EBIT for this segment was Rs. 12.72 billion ($283 million¹) for our quarter ended March 31, 2010, representing an increase of 20% over the same period last year.

Our Operating Income to Revenue for this segment was 24.2% for our quarter ended March 31, 2010.

We had 108,071 employees as of March 31, 2010, an increase of 5,325 people this quarter.

Wipro’s capability to be a transformational partner to our clients coupled with global domain expertise helped us secure several large deals this quarter.

In the insurance space, Wipro entered into a seven year strategic agreement with The Main Street America Group, a leading provider of commercial, personal and surety insurance products exclusively sold through independent agents to individuals, families and small businesses in 24 US states. Wipro will supplement Main Street America’s IT organization in its endeavor to support its present and future business needs.

Wipro has signed a multi-year, strategic partnership with consumer electronics retailer Best Buy Co., Inc. As part of the deal Wipro will provide a comprehensive range of technology and business services to the retailer across the globe. The expansion of the relationship aims to leverage mutual strength and make this a very strategic and large relationship for both parties. As part of the relationship, Wipro will also setup a lab store focused on innovation and enhancing customer experience.

2	IT Services business segment Revenues were Rs. 202.4 billion ($4.5 billion) for the year ended March 31, 2010 under the Indian GAAP. The difference of Rs.21 million ($0.47 million1) is primarily attributable to differences in accounting standards under Indian GAAP and IFRS.
	IT Services business segment Revenues were Rs. 52.63 billion ($1.2 billion) for the quarter ended March 31, 2010 under the Indian GAAP. The difference of Rs. 33 million ($0.73 million1) is primarily attributable to differences in accounting standards under Indian GAAP and IFRS.

Wipro signed a 6-year deal with a large Consumer Product company. As part of this strategic deal Wipro will manage end to end Infrastructure for setting up centralized Global IT operation that includes data center consolidation, hosting, assets, contracts and human capital within an overarching service management framework across 15 countries in Americas, Europe, LATAM and Asia Pacific.

A large US-based pharmaceutical company is leveraging Wipro’s understanding of the pharmaceutical domain and it’s proven delivery capability in the application management space for their strategic initiative aimed at process standardization across the various units and help them achieve significant benefits.

Awards and Recognition

Wipro’s innovative application services model, CIGMA (Centre for Integrated Global Management of Applications) won the NASSCOM IT Innovation Award in the Process Innovation category for the year. This award recognizes innovation in a company’s business processes, models, inputs, go-to-market strategies, delivery models to realize significant business value.

Strategy and globalization

In recognition of our efforts to create job opportunities in the local community in Atlanta, we received the 2010 Global Impact Award from Metro Atlanta Chamber of Commerce under the category of Economic Development — Foreign Direct Investment — for success in job creation and positive impact on Atlanta’s economy in 2009.

During this quarter, Wipro also announced the launch of two cloud based strategic retail solutions, Digital Customer Experience Platform and Loss Prevention Platform at the National Retail Federation Conference. These solutions help integrate social media, community features and personalization to provide an engaging customer experience and help retailers cut “time to value” by half with minimal capital spend and a pay-by-drink model. We also launched IT Cloud Advisory and Assessment Services for customers to help them leverage the adoption of Cloud Computing into their IT environments.

Thought Leadership

Wipro and Knowledge@Wharton teamed up to conduct a global “Innovation Tournament”, a tournament which concluded during this quarter and received over 120 nominations from across the globe. The tournament conducted in three phases ended with the selection of 10 finalists through a voting system. A panel of eminent judges selected three winners for developing and presenting the most innovative managerial “tools” that companies could use to improve their business by increasing revenues, reducing expenditures and improving customer experience.

Wipro also released its second ‘Sustainability Report’, detailing various sustainability-related activities and achievements through financial year 2008-09. The report is prepared in line with the GRI framework (Global Reporting Initiative) and has been rated A+ by GRI and audited by Det Norske Veritas (DNV). Highlights include a 19% improvement in energy efficiency over the last 5 years and 32% of water requirements met through water recycling and harvesting.

IT Products (14% of Total Revenue and 3% of Operating Income for our year ended March 31, 2010)

Our IT Products segment recorded Revenue of Rs. 38.21 billion ($850 million¹) for our year ended March 31, 2010, representing an increase of 11% over the same period last year. EBIT for this segment was Rs.

1.76 billion ($39 million¹) for our year ended March 31, 2010, representing an increase of 29% over the same period last year.

The ratio of Operating Income to Revenue for this segment was 4.6% for our year ended March 31, 2010

Return on Average Capital Employed (ROCE) for our IT Services and Products segment was 39% for our year ended March 31, 2010.

Our IT Products segment recorded Revenue of Rs. 8.90 billion ($198 million¹) for our quarter ended March 31, 2010, representing an increase of 2% over the same period last year. EBIT for this segment was Rs. 262 million ($6 million¹) for our quarter ended March 31, 2010.

The ratio of Operating Income to Revenue for this segment was 2.9% for our quarter ended March 31, 2010.

Return on Average Capital Employed (ROCE) for our IT Services and Products segment was 41% for our quarter ended March 31, 2010

Consumer Care and Lighting (8% of Total Revenue and 6% of Operating Income for our year ended March 31, 2010)

Our Consumer Care and Lighting business segment recorded Revenue of Rs. 22.58 billion ($502 million¹) for our year ended March 31, 2010, representing an increase of 17% over the same period last year. EBIT for this segment was Rs. 3,080 million ($69 million¹) for our year ended March 31, 2010, representing an increase of 19% over the same period last year.

Our Operating Income to Revenue for this segment was 13.6% for our year ended March 31, 2010. ROCE for this segment was 16% for our year ended March 31, 2010, compared to 14% for the same period last year.

Our Consumer Care and Lighting business segment recorded Revenue of Rs. 6.08 billion ($135 million¹) for our quarter ended March 31, 2010, representing an increase of 27% over the same period last year. EBIT for this segment was Rs. 807 million ($18 million¹) for our quarter ended March 31, 2010, representing an increase of 16% over the same period last year.

Our Operating Income to Revenue for this segment was 13.3% for our quarter ended March 31, 2010. ROCE for this segment was 16% for our quarter ended March 31, 2010, compared to 15% for the same period last year.

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 9 provides our Adjusted Net Income for the period, which is a non-GAAP measure that excludes the impact of accelerated amortization in respect of stock options that vest in a graded manner.

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 this non-GAAP financial measure with the most directly comparable IFRS financial measure should be carefully evaluated.

The Company believes that the presentation of this Non-GAAP Adjusted Net Income, when shown in conjunction with the corresponding IFRS measure, provides useful information to investors and management regarding financial and business trends relating to its Net Income for the period. The Company considers a stock option award with the graded vesting schedule to be in substance a single award not multiple stock option awards. Further, the Company considers the services of the employee in each year covered by the stock option award to be equally valuable and accordingly believes that the straight line amortization reflects the economic substance of the stock awards. However, the Company records the related stock compensation expenses on an accelerated amortization basis for IFRS reporting. Therefore, we believe that making available an adjusted net income number that excludes the impact of accelerated amortization from net income provides useful supplemental information to both management and investors about our financial and business trends.

For our internal budgeting process, our management also uses financial statements that exclude the impact of accelerated amortization relating to stock options that vest in a graded manner. The management of the Company also uses Non-GAAP Adjusted Net Income, in addition to the corresponding IFRS measure, in reviewing our financial results.

A material limitation associated with the use of Non-GAAP Adjusted Net Income as compared to the IFRS measure of net income is that it does not include costs which are recurring in nature and may not be comparable with the calculation of Net Income for other companies in our industry. The Company compensates for these limitations by providing full disclosure of the effects of this non-GAAP measure, by presenting the corresponding IFRS financial measure and by providing a reconciliation to the corresponding IFRS measure.

Our results for the year ended March 31, 2010, computed under Indian GAAP and IFRS, along with our individual business segment reports, are available in the Investors section of our website at www.wipro.com.

Quarterly Conference Calls

We will hold conference calls today at 02:00 p.m. Indian Standard Time (04:30 a.m. US Eastern Time) and at 6:45 p.m. Indian Standard Time (9:15 a.m. US Eastern Time) to discuss our performance for the quarter and answer questions sent to email ID: rajendra.shreemal@wipro.com or sridhar.ramasubbu@wipro.com.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.

About Wipro Limited

Wipro provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services company globally. Wipro’s IT Services business was assessed at Level 5 for CMMI V 1.2 across Offshore and Onsite development centers.

Wipro also has a strong presence in niche market segments of Infrastructure Engineering and Consumer Products & Lighting.

Wipro’s American Depositary Shares (ADSs) are listed on the New York Stock Exchange, and our equity shares are listed in India on the Stock Exchange — Mumbai, and the National Stock Exchange. For more information, please visit our websites at www.wipro.com, www.wiprocorporate.com and www.wipro.in

Contact for Investor Relations	Contact for Media & Press
Rajendra Kumar Shreemal	Sachin Mulay
Vice President	Head — Corporate Brand & Communication
Phone: +91-80-2844-0079	+91-80-2505-6110
Fax: +91-80-2844-0051	+91-80-2844-0350
rajendra.shreemal@wipro.com	sachin.mulay@wipro.com

Sridhar Ramasubbu
Vice President
Phone: +1 408-242-6285
sridhar.ramasubbu@wipro.com

Forward-looking and Cautionary Statements

In addition to historical information, this press release contains certain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. 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.

###
(Tables to follow)

WIPRO LIMITED AND SUBSIDIARIES
UNAUDITED CONDENSED CONSOLIDATED INTERIM STATEMENTS OF FINANCIAL POSITION
(Rupees in millions, except share and per share data, unless otherwise stated)

	As of March 31,
	2009			2010			2010
							Convenience
							translation into
							US$ in millions
ASSETS
Goodwill		56,143			53,802			1,197
Intangible assets		3,493			4,011			89
Property, plant and equipment		49,794			53,458			1,189
Investment in equity accounted investees		1,670			2,345			52
Deferred tax assets		4,369			1,686			38
Other non-current assets		8,083			9,112			203
Total non-current assets		123,552			124,414			2,768
Inventories		7,587			7,926			176
Trade receivables		48,652			50,928			1,133
Other current assets		14,941			24,594			547
Unbilled revenues		14,108			16,708			372
Available for sale investments		16,543			30,420			677
Current tax assets		9,827			10,060			224
Cash and cash equivalents		49,117			64,878			1,443
Total current assets		160,775			205,514			4,572
TOTAL ASSETS		284,327			329,928			7,340
EQUITY
Share capital		2,930			2,936			65
Share premium		27,280			29,188			649
Retained earnings		126,646			165,789			3,688
Share based payment reserve		3,745			3,140			70
Other components of equity		(12,915	)		(4,399	)		(98	)
Shares held by controlled trust		(542	)		(542	)		(12	)
Equity attributable to the equity holders of the company		147,144			196,112			4,363
Minority Interest		237			437			10
Total equity		147,381			196,549			4,373
LIABILITIES
Long — term loans and borrowings		19,681			18,107			403
Deferred tax liabilities		474			380			8
Employee benefit obligations		3,111			2,967			66
Derivative liabilities		8,767			3,786			84
Other non-current liabilities and provisions		1,669			769			17
Total non-current liabilities		33,702			26,009			579
Loans and borrowings and bank overdrafts		37,211			44,404			988
Trade payables and accrued expenses		41,650			40,570			903
Unearned revenues		8,734			7,462			166
Current tax liabilities		6,492			7,915			176
Derivative liabilities		3,255			471			10
Other current liabilities and provisions		5,902			6,548			146
Total current liabilities		103,244			107,370			2,389
TOTAL LIABILITIES		136,946			133,379			2,967
TOTAL EQUITY AND LIABILITIES		284,327			329,928			7,340

WIPRO LIMITED AND SUBSIDIARIES
UNAUDITED CONDENSED CONSOLIDATED INTERIM STATEMENTS OF INCOME
(Rupees in millions, except share and per share data, unless otherwise stated)

	Three months ended March 31,									Year ended March 31,
	2009			2010			2010			2009			2010			2010
							Convenience									Convenience
							translation into									translation into
							US $ in millions									US $ in millions
Gross revenues		65,275			69,772			1,552			256,891			271,957			6,050
Cost of revenues		(45,365	)		(47,764	)		(1,063	)		(180,215	)		(186,299	)		(4,145	)
Gross profit		19,910			22,008			490			76,676			85,658			1,906
Selling and marketing expenses		(4,318	)		(5,061	)		(113	)		(17,313	)		(18,608	)		(414	)
General and administrative expenses		(3,576	)		(3,640	)		(81	)		(14,510	)		(14,823	)		(330	)
Foreign exchange gains/(losses), net		(761	)		57			1			(1,553	)		(716	)		(16	)
Results from operating activities		11,255			13,364			297			43,300			51,511			1,146
Finance and other income / (expenses), net		232			1,612			36			1,233			3,369			75
Share of profits of equity accounted associates		35			176			4			362			530			12
Profit before tax		11,522			15,152			337			44,895			55,410			1,233
Income tax expense		(1,461	)		(3,015	)		(67	)		(6,035	)		(9,294	)		(207	)
Profit for the period		10,061			12,137			270			38,860			46,116			1,026
Attributable to:
Equity holders of the company		10,011			12,091			269			38,761			45,931			1,022
Minority interest		50			46			1			99			185			4
Profit for the period		10,061			12,137			270			38,860			46,116			1,026
Earnings per equity share:
Basic		6.88			8.29			0.19			26.66			31.52			0.70
Diluted		6.85			8.23			0.18			26.50			31.25			0.70
Weighted average number of equity shares used in computing EPS earnings per equity share
Basic		1,455,333,151			1,458,860,954			1,458,860,954			1,454,135,089			1,457,415,146			1,457,415,146
Diluted		1,461,158,479			1,469,818,675			1,469,818,675			1,462,636,212			1,469,830,993			1,469,830,993
Additional Information
Segment Revenue
IT Services		49,306			52,596			1,170			191,613			202,490			4,505
IT Products		8,761			8,900			198			34,277			38,205			850
IT Services & Products		58,067			61,496			1,368			225,890			240,695			5,355
Consumer Care and Lighting		4,802			6,084			135			19,249			22,584			502
Others		1,645			2,249			50			10,199			7,962			177
Total		64,514			69,829			1,553			255,338			271,241			6,034
Operating Income
IT Services		10,641			12,718			283			40,197			47,408			1,055
IT Products		317			262			6			1,363			1,764			39
IT Services & Products		10,958			12,980			289			41,560			49,172			1,094
Consumer Care and Lighting		695			807			18			2,592			3,080			69
Others		(399	)		(423	)		(9	)		(852	)		(741	)		(16	)
Total		11,255			13,364			297			43,300			51,511			1,146
Reconciliation of adjusted Non- GAAP profit to profit as per IFRS
Profit for the period attributable to Equity holders of the Company		10,011			12,091			269			38,761			45,931			1,022
Adjustments :
Accelerated amortization of stock options that vest in a graded manner		(14	)		32			1			161			(69	)		(2	)
Non-GAAP adjusted profit		9,997			12,123			270			38,922			45,862			1,020

EX-99.2

Exhibit 2

Performance of Wipro Limited for the Quarter and Year ended March 31, 2010

April 23, 2010

Suresh C Senapaty

Executive Director & Chief Financial Officer

Financial Summary for the Year ended March 31, 2010 (IFRS)

Wipro Limited (Consolidated)

Revenue Growth Particulars Rs. Crores YoY Revenue 27,124 6%

Profits Before Interest & Tax 5,151 19%

Profits After Tax 4,593 18%

Key Segmental Results

Revenue Growth PBIT Growth Segment Rs. Crores YoY Rs. Crores YoY IT Services 20,249 6% 4,741 18%

IT Products 3,821 11% 176 29%

Consumer Care & Lighting 2,258 17% 308 19%

Financial Summary for the Quarter ended March 31, 2010 (IFRS)

Wipro Limited (Consolidated)

Revenue Growth Particulars Rs. Crores YoY Revenue 6,983 8%

Profits Before Interest & Tax 1,336 19%

Profits After Tax 1,209 21%

Key Segmental Results

Revenue Growth PBIT Growth Segment Rs. Crores YoY Rs. Crores YoY IT Services 5,260 7% 1,272 20%

IT Products 890 2% 26 -17%

Consumer Care & Lighting 608 27% 81 16%

Highlights for the Quarter IT Services

Strong quarter of broad based, volume led growth

Business environment returning to normal

Improved margins despite wage increases, rupee appreciation and cross-currency impact

Constant currency Revenues at $1,180Mn, sequential growth of 4.7%

Reported Revenues at $1,166 Mn, sequential growth of 3.5%

Margins expanded 60bps sequentially to 24.2%; 2.6% expansion YoY

Revenues from Fixed Price Projects improved 1.8% sequentially to 44.3%

Number of million-dollar clients increased by 8 this quarter

IT Services — Revenue Dynamics for Quarter ending March 31, 2010 Geographical Distribution

7% 9%

Americas 2% Europe Japan 57%

26% India & Middle East business Other Emerging Markets Service Lines:

Consulting grew 22% sequentially & 42% YoY Both BPO & Product Engineering Services grew 6% sequentially, while TIS & Testing grew 5% Geographies:

Europe grew 3% sequentially & 15% YoY Other Emerging Markets (which include APAC and Australia) grew 13% sequentially and 85% YoY Verticals:

Healthcare & Services grew 10% QoQ and 40% YoY Technology grew 6%, Telecom grew 7% sequentially, while Financial Services grew 5%Energy & Utilities grew 5% QoQ & 37% YoY

IT Services Awards & Recognition Awards and Recognition:

Wipro’s innovative application services model, CIGMA (Centre for Integrated Global Management of Applications) won the NASSCOM IT Innovation Award in the Process Innovation category for the year. This award recognizes innovation in a company’s business processes, models, inputs, go-to-market strategies, delivery models to realize significant business value. In recognition of efforts to create job opportunities in the local community in Atlanta, received the 2010 Global Impact Award from Metro Atlanta Chamber of Commerce under the category of Economic Development — Foreign Direct Investment — for success in job creation and positive impact on Atlanta’s economy in 2009

IT Services Deal Wins

A 7-year strategic agreement with The Main Street America Group to supplement their IT organization in its endeavor to support its present and future business needs.

A            multi-year, strategic partnership with consumer electronics retailer Best Buy Co., Inc. to provide a comprehensive range of technology and business services across the globe

A 6-year deal with a large consumer products company to manage end to end infrastructure for setting up centralized global IT operations across 15 countries

A            large US-based pharmaceutical company which is leveraging Wipro’s understanding of the pharmaceutical domain and it’s proven delivery capability in the application management space for their strategic initiative aimed at process standardization across the various units and help them achieve significant benefits

Other Highlights

Wipro Consumer Care and Lighting (WCCL)

Consumer Care and Lighting business recorded Revenues of Rs. 6.08 billion, an increase of 27% YoY and PBIT of Rs. 807 million, an increase of 16% YoY.

International Business had a great quarter with Middle East and Malaysia bouncing back and with strong growth coming from Vietnam, China and Indonesia. Leading Brands Enchanteur, Safi and Romano grew well.

Santoor remains the #1 toilet soap brand in South India both in urban and rural markets

Robust growth coming across from all segments of Toilet soaps, Wellness, Trade Lighting, Commercial Lighting, Furniture and switches.

Wipro Infrastructure Engineering (WIN)

We are the worlds largest third party Hydraulics player.

Positive news is that we have gained market share during the downturn and further cemented our relationships with our key clients.

India market is strong and has returned to peak levels.

Europe has bottomed out and we are starting to see the first signs of recovery

WIN-Eco-energy:

We are focused on 3 main segments which include Green Build (Factories, Commercial/ Residential Complexes), Solar Utility Scale Plants (driven off the Solar Mission) and Managed Services (end to end mgmt of energy infrastructure and usage for clients)

Confidence in our business model has increased significantly, validated by the market & our wins

Looking ahead

Looking ahead, for the quarter ending June 30, 2010, we expect the Revenue from our IT Services business to be in the

range $1,190 Mn* to $1,215 Mn*

* Guidance is based on the following constant currency exchange rates: GBP/USD at 1.54, Euro/USD at 1.36, AUD/USD at 0.91, USD/INR at 45.60

Supplemental Data Financial Results as per IGAP Key Operating Metrics in IT Services

Financial Summary for the Year ended March 31, 2010 (IGAAP) Wipro Limited (Consolidated)

Revenue Growth

Particulars

Rs. Crores YoY Revenue 27,141 6%

Profits Before Interest & Tax 5,179 18%

Profits After Tax 4,631 19% Key Segmental Results

Revenue Growth PBIT Growth

Segment

Rs. Crores YoY Rs. Crores YoY IT Services 20,247 6% 4,775 18%

IT Products 3,832 11% 175 18%

Consumer Care & Lighting 2,377 14% 310 22%

Financial Summary for the Quarter ended March 31, 2010 (IGAAP) Wipro Limited (Consolidated)

Revenue Growth

Particulars

Rs. Crores YoY

Revenue 6,984 8% Profits Before Interest & Tax 1,355 18% Profits After Tax 1,236 22% Key Segmental Results

Revenue Growth PBIT Growth

Segment

Rs. Crores YoY Rs. Crores YoY IT Services 5,263 7% 1,283 20%

IT Products 887 2% 26 -30%

Consumer Care & Lighting 643 25% 85 24%

Key Operating Metrics in IT Services for the Quarter ended March 31, 2010 Particulars Q4 10 Q3 10 Q4 09

Revenue Composition:

Technology, Media & Telecom 25.6% 26.1% 26.9% Financial Services 26.1% 25.8% 26.0% Manufacturing 14.8% 15.1% 16.3% Healthcare & Services 9.2% 8.7% 7.4% Retail & Transportation 14.7% 14.8% 15.6% Energy & Utilities 9.6% 9.5% 7.8% Geography Composition: Americas 56.7% 57.1% 60.5% Europe 26.3% 26.3% 25.5% Japan 1.5% 1.6% 2.3% India & Middle East business 8.8% 8.9% 7.7% Other Emerging Markets 6.7% 6.1% 4.0% People related Number of employees 1,08,071 1,02,746 97,810 Net Additions 5325 4855 845

Key Operating Metrics in IT Services for the Quarter ended March 31, 2010 Particulars Q4 10 Q3 10 Q4 09

Customer Concentration:

Top Customer 2.5% 2.6% 2.4% Top 5 10.5% 10.8% 10.8% Top 10 19.3% 19.5% 19.7% Active Customers 845 822 863 No. of New Customers 27 31 20 Revenue from New Customers 3.5% 2.2% 3.2% Onsite Revenue (IT Services) 49.4% 50.3% 51.2% Off Shore Revenue (IT Services) 50.6% 49.7% 48.8% Customer Size Distribution: $50 M 16 16 17 $20- 50Mn 40 37 36 $10 -$20Mn 40 42 40 $5 - -$10Mn 70 61 60

$3- $5Mn 60 77 67

$1-$3Mn 180 165 207 Total >$1Mn 406 398 427

EX-99.3

Exhibit 3

Wipro Limited — Results for the Quarter & Year ended March 31, 2010

WIPRO LIMITED - CONSOLIDATED
UNAUDITED FINANCIAL RESULTS FOR THE
QUARTER AND YEAR ENDED MARCH 31, 2010

Rs. in Million except share data)

	Quarter ended						Year ended
	March 31,						March 31,
	2010			2009			2010			2009
Particulars	Unaudited			Unaudited			Unaudited			Unaudited
1 Net Income from Sales /Services		69,829			64,514			271,241			255,338
2 Cost of Sales /Services
a)(Increase/Decrease in Stock in trade and work in progress		(395	)		(195	)		(323	)		(943	)
b) Consumption of raw materials		4,454			4,536			13,070			12,111
c) Purchase of traded goods		8,704			6,626			37,484			34,211
d)Other expenditure		33,333			32,646			129,152			128,478
3 Gross Profit (1-2)		23,733			20,901			91,858			81,481
4 General and Administrative expenses		3,582			3,511			14,481			14,281
5 Selling and Distribution expenses		4,900			4,184			18,036			16,952
6 Depreciation and amortization		1,887			1,950			7,831			6,949
7 Operating Profit before interest (3) — (4+5+6)		13,364			11,256			51,510			43,299
8 Interest expense		(342	)		928			990			3,824
9 Exceptional Items		—			—			—			—
10 Operating Profit after interest and Exceptional Items (7-8-9)		13,706			10,328			50,520			39,475
11 Other investment income		1,270			1,159			4,360			5,058
12 Profit from Ordinary Activities before tax (10+11)		14,976			11,487			54,879			44,533
13 Tax Expense (including Fringe Benefits Tax)		3,015			1,461			9,294			6,035
14 Net Profit from Ordinary Activities after tax (12-13)		11,961			10,026			45,586			38,498
15 Minority Interest		(46	)		(50	)		(185	)		(99	)
16 Share in Earnings of Associates		176			35			530			362
17 Extraordinary items (net of tax expense)		—			—			—			—
18 Net Profit for the period (14+15+16-17)		12,091			10,011			45,931			38,761
19 Paid up equity share capital (Face value Rs. 2 per share)		2,936			2,930			2,936			2,930
20 Reserves excluding Revaluation Reserves		196,291			145,848			196,291			145,848
21 EARNINGS PER SHARE (EPS)
Before extraordinary items (not annualised)
Basic (in Rs.)		8.29			6.88			31.52			26.66
Diluted (in Rs.)		8.23			6.85			31.25			26.50
After extraordinary items (not annualised)
Basic (in Rs.)		8.29			6.88			31.52			26.66
Diluted (in Rs.)		8.23			6.85			31.25			26.50
22 Public shareholding*
Number of shares		276,454,859			271,856,435			276,454,859			271,856,435
Percentage of holding		18.83	%		18.56	%		18.83	%		18.56	%
23 Promoters and promoter group shareholding
a) Pledged/Encumbered
— Number of shares	Nil			Nil			Nil			Nil
— Percentage of shares (as a % of the total shareholding of promoter and promoter group)	Nil			Nil			Nil			Nil
— Percentage of shares (as a % of the total share capital of the company)	Nil			Nil			Nil			Nil
b) Non - encumbered
— Number of shares		1,167,572,260	**		1,169,432,260	**		1,167,572,260	**		1,169,432,260	**
— Percentage of shares (as a % of the total shareholding of promoter and promoter group)		100	%		100	%		100	%		100	%
— Percentage of shares (as a % of the total share capital of the company)		79.52	%		79.83	%		79.52	%		79.83	%
Details of expenditure
Items exceeding 10% of total expenditure
— Employee Cost		27,915			27,737			107,230			107,266

*	Public shareholding as defined under clause 40A of the listing agreement (excludes shares beneficially held by promoters and holders of American Depository Receipt)
**	Includes 6,506,000 (March 31, 2009: 8,316,000) equity shares on which Promoter does not have beneficiary interest.

Status of redressal of Complaints received for the period January 1, 2010 to March 31, 2010

			Opening		Complaints		Complaints
Sl.			balance		received during		disposed during
No.	Nature of the complaint	Nature	01.01.2010		the quarter		the quarter		Unresolved
1	Non-Receipt of Securities	Complaint		—		3		3		—
2	Non Receipt of Annual Reports	Complaint		—		3		3		—
3	Correction / Duplicate / Revalidation of dividend warrants	Request		—		85		85		—
4	Non Receipt of Dividend warrants	Complaint		—		37		37		—
5	Others	Request		1		1		2		—
	TOTAL			1		129		130		—

NOTE:

There are certain pending cases relating to disputes over title to shares in which the company has been made a party. However these cases are not material in nature.

1. The above unaudited condensed consolidated interim financial results were approved by Directors of the Company at its meeting held on April 23,2010.

2. The above unaudited financial results have been prepared from the unaudited condensed consolidated interim financial statements, which are prepared in accordance with International Financial Reporting Standards and its interpretations (“IFRS”), as issued by the International Accounting Standards Board (“IASB”). These unaudited condensed consolidated interim financial statements are covered by IFRS 1, “First Time Adoption of IFRS”, as they are part of the annual period covered by the Company’s first IFRS financial statements for the year ended March 31, 2010 and are prepared in accordance with International Accounting Standard (IAS) 34, “Interim Financial Reporting”. The transition to IFRS has been carried out from the accounting principles generally accepted in India (Indian GAAP), which is considered as “Previous GAAP”, for purposes of IFRS 1.

3. The unaudited condensed consolidated interim financial statements have been prepared on a historical cost convention and on an accrual basis, except for certain financial instruments that have been measured at fair value as required by relevant IFRS.

4. The unaudited condensed consolidated financial interim statements incorporate the financial statements of the Parent Company and entities controlled by the Parent Company (its subsidiaries). Control is achieved where a company has the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities. In assessing control, potential voting rights that currently are exercisable are taken into account.

All intra-company balances, transactions, income and expenses including unrealized income or expenses are eliminated in full on consolidation.

5. The total revenues represent the aggregate revenue and includes foreign exchange gains / (losses), net except exchange difference on foreign currency borrowings which are reported in the unaudited condensed consolidated interim financial statements. The exchange difference on foreign currency borrowings is included in interest expenses above.

6. The list of subsidiaries is included in the condensed consolidated financial statements of Wipro Limited and subsidiaries for the quarter ended March 31, 2010, which are available on our company website www.wipro.com.

7. Standalone information (Audited)

(Rs. in Million)

	Quarter ended March 31,				Year ended March 31,
Particulars	2010		2009		2010		2009
Revenues		61,410		52,989		231,776		209,874
Profit before tax		15,095		9,952		56,888		35,479
Profit after tax		12,367		8,421		48,980		29,738

8.	Segment Information
	The Company is currently organized by segments, which includes IT Services (comprising of IT Services and BPO Services), IT Products, Consumer Care and Lighting and ‘Others’.
	Corporate activities such as treasury, legal and accounting, which do not qualify as operating segments under IFRS 8, have been considered as ‘reconciling items’.
	Revenues include excise duty of Rs. 176 and Rs. 239 for the three months ended March 31, 2009 and 2010, respectively and Rs. 1,055 and Rs. 843 for the year ended March 31, 2009 and 2010, respectively. For the purpose of segment reporting, the segment revenues are net of excise duty. Excise duty are reported in reconciling items.
	For the purpose of segment reporting only, the Company has included the impact of foreign exchange gains / (losses), net’ in revenues. Further, the Company obtains short-term foreign currency borrowings for its working capital requirements. A portion of these foreign currency borrowings is used as a natural hedge for the foreign currency monetary assets. For segment purposes, the changes in fair value of such foreign currency borrowings is recorded in the respective segment of the underlying monetary assets and are eliminated in reconciling items.
	For evaluating performance of the individual business segments, stock compensation expense is allocated on the basis of straight line amortization. The incremental impact of accelerated amortization of stock compensation expense over stock compensation expense allocated to the individual business segments is reported in reconciling items.
	The Company generally offers multi-year payment terms in certain total outsourcing contracts. These payment terms primarily relate to IT hardware, software and certain transformation services in Outsourcing contracts. Corporate Treasury provides internal financing to the business units offering multi-year payments terms, and accordingly such receivables are reflected in Capital Employed of Reconciling items. As of March 31, 2009 and 2010, Capital Employed of Reconciling items includes Rs. 4,401 and Rs. 8,516 respectively, of such receivables on extended collection terms.

Information on reportable segments is as follows:

(Rs. in Million)

	Three months ended March 31, 2009
										Consumer
	IT Services and Products									Care and						Reconciling
Particulars	IT Services			IT Products			Total			Lighting			Others			Items			Entity Total
Revenues		49,306			8,761			58,067			4,802			1,320			325			64,514
Cost of revenues		(33,000	)		(7,960	)		(40,960	)		(2,594	)		(1,501	)		(311	)		(45,365	)
Selling and marketing expenses		(2,637	)		(334	)		(2,971	)		(1,238	)		(59	)		(50	)		(4,318	)
General and administrative expenses		(3,028	)		(150	)		(3,178	)		(275	)		(93	)		(30	)		(3,376	)
Operating income of segment		10,641			317			10,958			695			(333	)		(66	)		11,255
Opening capital employed								95,303			18,936			5,710			65,615			185,563
Closing capital employed								115,089			18,782			5,638			64,763			204,272
Average capital employed								105,196			18,859			5,674			65,189			194,918
Return on capital employed								42	%		15	%		(23	)%					23	%

	Three months ended March 31, 2010
										Consumer
	IT Services and Products									Care and						Reconciling
Particulars	IT Services			IT Products			Total			Lighting			Others			Items			Entity Total
Revenues		52,396			8,900			61,496			6,084			2,285			(36	)		69,829
Cost of revenues		(33,827	)		(8,116	)		(41,943	)		(3,297	)		(2,335	)		(189	)		(47,764	)
Selling and marketing expenses		(2,966	)		(257	)		(3,223	)		(1,752	)		(106	)		20			(5,061	)
General and administrative expenses		(3,085	)		(265	)		(3,350	)		(228	)		(62	)		—			(3,640	)
Operating income of segment		12,718			262			12,980			807			(218	)		(205	)		13,364
Opening capital employed								114,690			19,818			5,765			96,469			236,743
Closing capital employed								136,280			20,074			7,068			96,091			259,513
Average capital employed								125,485			19,946			6,417			96,280			248,128
Return on capital employed								41	%		16	%		(14	)%					22	%

	Year ended March 31, 2009
										Consumer
	IT Services and Products									Care and						Reconciling
Particulars	IT Services			IT Products			Total			Lighting			Others			Items			Entity Total
Revenues		191,613			34,277			225,890			19,249			8,995			1,204			255,338
Cost of revenues		(128,473	)		(30,886	)		(159359	)		(10,782	)		(8,679	)		(1,395	)		(180,215	)
Selling and marketing expenses		(10,672	)		(1,361	)		(12,033	)		(4,750	)		(249	)		(236	)		(17,313	)
General and administrative expenses		(12,271	)		(667	)		(12,938	)		(1,125	)		(316	)		(131	)		(14,510	)
Operating income of segment		40,197			1,363			41,560			2,592			(294	)		(558	)		43,300
Opening capital employed								93,845			17,359			6,149			53,081			170,433
Closing capital employed								115,089			18,782			5,638			64,763			204,272
Average capital employed								104,467			18,070			5,893			58,922			187,353
Return on capital employed								40	%		14	%		(5	)%					23	%

	Year ended March 31, 2010
										Consumer
	IT Services and Products									Care and						Reconciling
Particulars	IT Services			IT Products			Total			Lighting			Others			Items			Entity Total
Revenues		202,490			38,205			240,695			22,584			7,143			819			271,241
Cost of revenues		(132,144	)		(34,151	)		(166,295	)		(11,805	)		(7,446	)		(753	)		(186,299	)
Selling and marketing expenses		(10,492	)		(1,275	)		(11,767	)		(6,492	)		(323	)		(27	)		(18,608	)
General and administrative expenses		(12,446	)		(1,015	)		(13,461	)		(1,207	)		(210	)		56			(14,823	)
Operating income of segment		47,408			1,764			49,172			3,080			(836	)		95			51,511
Opening capital employed								115,089			18,782			5,638			64,763			204,272
Closing capital employed								136,280			20,074			7,068			96,091			259,513
Average capital employed								125,685			19,428			6,353			80,427			231,893
Return on capital employed								39	%		16	%		(13	)%					22	%

R K SWAMY/BBDO 2261

9.	Statement of assets and liabilities will be provided along with the audited financial results.
10.	Corresponding figures for previous periods presented have been regrouped, where ever necessary, to conform to the current period classification.

Place: Bangalore
Date: April 23,2010 By order of the board
Azim H Premji
Chairman
WIPRO LIMITED
Regd. Officer: Doddakannelli,
Sarjapur Road, Bangalore — 560035.
www.wipro.com