EX-99.2

EX-99.2 3 d713627dex992.htm EX-99.2 EX-99.2

Exhibit 99.2

LOGO

WIPRO

Applying Thought

Performance of Wipro Limited for Quarter & Year ended – March 31, 2014

Suresh Senapaty

Executive Director and Chief Financial Officer April 17, 2014

LOGO

Financial Summary for the Year Ended March 31, 2014 (IFRS)

Wipro Limited (Continuing Operations)

FY 2013-14 (Rs million) YoY Growth for the year

Revenues 437,628 16%

PBIT 89,354 28%

Net Income 77,967 27%

Particulars Revenue for the year (Rs million) YoY Growth for the year PBIT for the year (Rs million) YoY Growth for the year

IT Services 399,509 18% 90,333 29%

IT Products 38,785 -1% 310 -69%

1. IT Products revenue and margins for FY14 were impacted by the cessation of manufacturing of our ‘Wipro branded desktops, laptops and servers’.

2. Adjusted for the non-recurring item of INR 209 Million, PBIT for the IT Product segment is INR 519 Million*

Final Dividend of Rs 5 per share – Total Dividend for the year at Rs 8 per share

* Non-recurring expense represents expenses related to the cessation of manufacturing of Wipro Branded desktops, laptops & servers in Q3

LOGO

Financial Summary for the Quarter Ended March 31, 2014 (IFRS)

Wipro Limited (Continuing Operations)

Q4 14 (Rs million) Seq Growth. YoY Growth

Revenues 117,045 3% 22%

PBIT 25,810 10% 51%

Net Income 22,265 11% 41%

1. Overall Revenues grew 3% sequentially and 22%YoY,

2. PBIT grew 10% sequential and 51% YoY Net Income grew 11% sequentially and 41% YoY

Particulars Revenue (Rs million) YoY Growth PBIT (Rs million) YoY Growth

IT Services 106,193 24% 26,054 51%

IT Products 11,090 3% 143 -47%

1. IT Services Revenue grew 24% YoY, with PBIT growth of 51% YoY

2. IT Products Revenue grew 3% YoY, with PBIT growth of -47% YoY

LOGO

Highlights for the Quarter

IT Services USD Revenue grew by 2.5% sequentially and 8.5% on a YoY basis

IT Services Operating Margins expanded by 150 basis points to 24.5% - our highest Operating Margins in 3 years

Net Income Grew 41% YoY in the quarter while IT Services EBIT grew 51% YoY

Strong Operating and Free Cash Flow generation at 110% and 101% of Net Income respectively

LOGO

IT Services - Revenue Dynamics for Quarter Ended March 31, 2014

Vertical

1. Healthcare, Life sciences and Services grew 14.3% on a YoY basis

2. Energy, Natural Resources & Utilities grew 14.0% on a YoY basis

3. Finance Solutions grew 10.5% on a YoY basis

4. Top 10 Accounts grew 12.2% on a YoY basis

Geographies

1. Americas grew 8.3% on a YoY basis

2. Europe grew 14.4% on a YoY basis

3. India and Middle East grew 0.8% on a YoY basis

Service Lines

1. Global Infrastructure Services grew 10.8% on a YoY basis

2. BPO grew 18.1% on a YoY basis

3. Business Application Services grew 9.8% on a YoY basis

LOGO

Looking ahead

Looking ahead For the quarter ending June 30, 2014

We expect the Revenue from our IT Services business to be in the range $1,715 million to $1,755 million*

Jun

Jul

May

Aug

Apr

Sep

2014-15

Oct

Mar

Feb

Jan

Dec

Nov

* Guidance is based on the following exchange rates: GBP/USD at 1.66, Euro/USD at 1.37, AUD/USD at 0.90, USD/INR at 61.62

LOGO

WIPRO

Applying Though

Supplemental Data

Key Operating Metrics of IT Services

LOGO

Key Operating Metrics in IT Services for the Quarter ended March 31, 2014

Particulars Q4’14 Q3’14 Q4’13

Revenue Composition

Global Media & Telecom 13.9% 13.7% 13.8%

Finance Solutions 26.8% 26.4% 26.3%

Manufacturing & Hitech 18.0% 18.6% 19.3%

Healthcare , Life Sciences & Services 10.6% 10.6% 10.1%

Retail, Consumer Goods & Transportation 14.5% 14.6% 15.1%

Energy, Natural Resources & Utilities 16.2% 16.1% 15.4%

Geography Composition

Americas 50.0% 49.9% 50.1%

Europe 30.0% 29.6% 28.5%

India & Middle East Business 8.8% 8.5% 9.4%

APAC & Other Emerging Markets 11.2% 12.0% 12.0%

People related

Number of employees 146,053 146,402 145,812

LOGO

WIPRO

Applying Thought

Thank You

Suresh Senapaty

Executive Director and CFO

suresh.senapaty@wipro.com