EX-99.5 6 d846766dex995.htm EX-99.5 EX-99.5

Exhibit 99.5

 

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W ipro Limited Highlights for the Quarter ended June 30, 2024 REVENUE QoQ Constant YoY Constant Operating $2.63 Bn Currency Currency Margin 1.0% 4.9% 16.5% STRATEGIC MARKET UNITS MIX 30.9% AMERICAS 1 30.8% AMERICAS 2 27.6% EUROPE 10.7% APMEA SECTOR MIX 34.0% 19.2% 13.9% 11.5% 11.2% 6.4% 3.8% Banking, Energy, Financial Consumer Health Technology Natural Manufacturing Communication Services Resources & Insurance and Utilities TOTAL BOOKINGS LARGE DEAL TCV 11.8% YoY $1.2 Bn 3.6% YoY BOOKINGS $3.3 Bn Constant Currency Constant Currency Revenue from our IT Services business segment to be in the range of $2,600 million to OUTLOOK $2,652 million*. This translates to a sequential guidance of (-)1.0% to +1.0% in constant currency terms. for the Quarter ending * Outlook for the Quarter ending September 30, 2024, is based on the following exchange rates: GBP/USD at 1.26, Euro/USD at September 30, 2024 1.08, AUD/USD at 0.66, USD/INR at 83.27 and CAD/USD at 0.73 CUSTOMER CONCENTRATION TOP1 4.0% 13.6% TOP 10 22.5% TOP 5 TOTAL HEADCOUNT 234,391 ATTRITION VOL – TTM 14.1% OFFSHORE REVENUE NET UTILIZATION 87.7% 57.9% PERCENTAGE OF SERVICES EXCLUDING TRAINEES


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W ipro Limited Results for the Quarter ended June 30, 2024 FY 24-25 FY 23–24 FY 22-23 A IT Services Q1 FY Q4 Q3 Q2 Q1 FY IT Services Revenues ($Mn) 2625.9 10,805.3 2,657.4 2,656.1 2,713.3 2,778.5 11,234.4 Sequential Growth -1.2% -3.8% 0.1% -2.1% -2.3% -2.1% 7.5% Sequential Growth in Constant Currency Note 2 -1.0% -4.4% -0.3% -1.7% -2.0% -2.8% 11.2% Operating Margin % Note 3 16.5% 16.1% 16.4% 16.0% 16.1% 16.0% 15.6% Strategic Market Units Mix Americas 1 30.9% 30.0% 30.4% 31.0% 29.8% 28.8% 28.8% Americas 2 30.8% 30.1% 30.7% 30.0% 29.9% 30.0% 30.8% Europe 27.6% 28.4% 27.8% 27.7% 28.6% 29.5% 28.6% APMEA 10.7% 11.5% 11.1% 11.3% 11.7% 11.7% 11.8% Sectors Mix Banking, Financial Services and Insurance 34.0% 33.4% 33.5% 32.7% 33.6% 33.9% 35.0% Consumer 19.2% 18.8% 18.7% 18.8% 18.7% 18.7% 18.9% Health 13.9% 13.2% 14.1% 13.9% 12.7% 12.2% 11.7% Energy, Natural Resources and Utilities 11.2% 11.8% 11.9% 11.8% 11.6% 12.0% 11.5% Technology 11.5% 11.7% 11.4% 12.1% 12.1% 11.3% 11.3% Manufacturing 6.4% 6.9% 6.6% 6.7% 7.0% 7.3% 6.9% Communications 3.8% 4.2% 3.8% 4.0% 4.3% 4.6% 4.7% Total Bookings Total Bookings TCV ($Mn) Note 4 3,284 14,907 3,607 3,791 3,785 3,724 — Large deal TCV ($Mn) Note 5 1,154 4,573 1,191 909 1,275 1,198 3,897 Guidance ($Mn) Note 1 2617 – 2670 — 2615—2669 2,617-2,672 2,722-2,805 2,753-2,811 — Guidance restated based on 2612 – 2665 — 2624—2678 2,605-2,659 2,712-2,795 2,773-2,831 —actual currency realized ($Mn) Revenues performance against guidance ($Mn) 2626 — 2,657 2,656 2,713 2,779 —


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FY 24-25 FY 23–24 FY 22-23 Q1 FY Q4 Q3 Q2 Q1 FY Customer size distribution (TTM) > $100Mn 22 22 22 22 22 21 19 > $75Mn 29 32 32 31 28 28 29 > $50Mn 43 45 45 46 51 51 53 > $20Mn 117 116 116 121 122 123 117 > $10Mn 192 205 205 203 207 207 210 > $5Mn 301 301 301 305 313 319 315 > $3Mn 407 409 409 430 437 444 436 > $1Mn 735 741 741 750 774 769 766 Revenue from Existing customers % 99.7% 98.9% 97.8% 98.8% 99.1% 99.6% 97.4% 437 Number of new customers 43 229 60 55 49 65 Total Number of active customers 1,364 1,371 1,371 1,349 1,393 1,444 1,479 Customer Concentration Top customer 4.0% 3.0% 3.8% 3.0% 3.0% 3.1% 3.2% Top 5 13.6% 13.0% 13.4% 12.1% 12.3% 12.5% 12.9% Top 10 22.5% 21.4% 22.0% 20.5% 20.6% 20.5% 20.7% % of Revenue USD 61% 60% 60% 61% 60% 59% 61% GBP 11% 11% 11% 10% 11% 11% 10% EUR 10% 10% 10% 10% 10% 11% 10% INR 4% 5% 5% 5% 5% 5% 5% AUD 4% 4% 4% 4% 4% 4% 4% CAD 3% 3% 3% 3% 3% 3% 3% Others 7% 7% 7% 7% 7% 7% 7% Closing Employee Count 234,391 234,054 234,054 240,234 244,707 249,758 258,570 Sales & Support Staff (IT Services) 15,539 15,601 15,601 15,833 16,778 16,942 16,999 Utilization Note 1 & 6 Net Utilization (Excluding Trainees) 87.7% 84.8% 86.9% 84.0% 84.5% 83.7% 81.2% Attrition Voluntary TTM (IT Services excl. DOP) 14.1% 14.2% 14.2% 14.2% 15.5% 17.3% 19.4% DOP % — Post Training Quarterly 8.3% 9.1% 8.9% 8.3% 9.8% 9.2% 9.9%


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FY 24-25 FY 23–24 FY 22-23 B Q1 FY Q4 Q3 Q2 Q1 FY Revenue Mix Note 6 Revenue from FPP 57.6% 59.2% 58.9% 59.9% 58.4% 59.7% 59.4% Offshore Revenue — % of Services 57.9% 59.9% 60.4% 59.8% 59.9% 59.5% 59.3% Growth Metrics C Note 2 for the Quarter ended June 30, 2024, Q1’25 Q1’25 Q1’25 Q1’25 Reported Reported CC CC QoQ% YoY% QoQ% YoY% IT Services -1.2% -5.5% -1.0% -4.9% Strategic Market Units Americas 1 0.3% 1.3% 0.4% 1.4% Americas 2 -0.9% -3.0% -0.7% -2.5% Europe -1.9% -11.6% -1.4% -10.7% APMEA -4.4% -13.2% -4.2% -11.7% Sectors Banking, Financial Services and Insurance 0.3% -5.3% 0.5% -4.8% Consumer 1.5% -2.9% 1.6% -2.3% Health -2.9% 7.0% -2.8% 7.2% Energy, Natural Resources and Utilities -6.5% -12.0% -6.3% -11.1% Technology -0.7% -3.8% -0.5% -3.2% Manufacturing -3.4% -15.7% -3.0% -14.5% Communications -2.0% -21.9% -1.8% -20.6% D Annexure to Datasheet Segment-wise breakup of Q1 FY24-25 (INR Mn) Cost of Revenues, S&M and G&A Reconciling Particulars IT Services IT Products Total Items Cost of revenues 152,801 501 4 153,306 Selling and marketing expenses 15,831 10 3 15,844 General and administrative expenses 14,274 5 -66 14,213 Total 182,906 516 -59 183,363 Note 1: Guidance and Utilization numbers for FY24 have not been restated to include India State Run Enterprise (ISRE) business. All other numbers for the previous quarters have been restated to include ISRE business Note 2: Constant currency (CC) for a period is the product of volumes in that period times the average actual exchange rate of the corresponding comparative period Note 3: IT Services Operating Margin refers to Segment Results Total as reflected in IFRS financials Note 4: Total Bookings refers to the total contract value of all orders that were booked during the period including new orders, renewals, and changes to existing contracts. Bookings do not reflect subsequent terminations or reductions related to bookings originally recorded in prior fiscal periods. Bookings are recorded using then-existing foreign currency exchange rates and are not subsequently adjusted for foreign currency exchange rate fluctuations. The revenues from these contracts accrue over the tenure of the contract. For constant currency growth rates, refer note 2 Note 5: Large deal bookings constitute of deals greater than or equal to $30 million in total contract value terms Note 6: IT Services excluding DOP (Digital Operations and Platforms) and entities which are not integrated in Wipro limited systems until that quarter.