Slides
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Wipro Limited Investor Presentation For the quarter ended December 31, 2025
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2 This presentation may contain certain “forward looking” statements, which involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those that may be projected by these forward- looking statements. These uncertainties have been detailed in the reports filed by Wipro with the Securities and Exchange Commission and these filings are available at www.sec.gov. This presentation also contains references to findings of various reports available in the public domain. Wipro makes no representation as to their accuracy or that the company subscribes to those findings. Safe Harbor
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© Agenda •Our track record on performance •Overall Market Opportunity •Our Strategy •Key Highlights
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© Our track record on performance
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© Growth in IT Services business IT Services Revenue ($M) Other highlights • IT Services Revenue from FY2017-18 to FY 2019-20 is excluding revenue from India State Run Enterprise business which was carved out as a separate segment under IFRS effective Q3’19 • FY 21- 22 onwards India SRE is added to the services revenue numbers. • The above data is as of 31st March 2025 • Part of NYSE TMT Index • Present in six continents • Employees across 65 countries • 233,000+ employees • 146 nationalities represented • 37.1% women employees Partner to Industry Global footprint Diverse talent pool • 1,282 active global clients • Top customer concentration at 4.3% of revenue • 17 $100M+ relationships $6,618 $7,082 $7,346 $7,705 $7,895 $8,120 $8,253 $8,137 $10,454 $11,234 $10,805 $10,512 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
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© Q3’26 Revenue Distribution – Diversified Portfolio Revenue Mix Revenue Mix (%)** Revenue Contribution Top Customer 4.7% Top 5 Customers 14.4% Top 10 Customers 23.7% Customer Metrics* Customers > $100M 16 Customers > $50M 45 Strategic Market Unit Mix (%) Sector Mix (%) *Trailing 12-month basis 33.2 29.0 26.7 11.1 61.6 38.4 **IT Services excluding DOP (Digital Operations and Platforms) and entities which are not integrated in Wipro limited systems at the beginning of current fiscal year 34.6 18.2 16.3 16.0 14.9 BFSI Consumer Tech & Comms EMR Health
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© Our strategy
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Consulting-led. AI-powered. Purpose-driven.Client-centric.Industry-focused. A Consulting-led, AI-powered Wipro for our priority industries, helping transform our clients’ businesses.
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9 Our focus is on accelerating execution of our 5 strategic priorities 01. 02. 03. 04. 05. Sourcing, Shaping & winning large deals with Consulting-led, AI powered approach Differentiating with Wipro Intelligence Talent @ Scale Client CentricityBuilding Large Accounts in Profitable Markets / Prioritized sectors • Strategic clients • Enabling operating model to drive business value for clients • GCCs • Bringing the power of Wipro & its ecosystems • Strategic partners • Wipro Ventures • Advisors, Analysts & Expert networks • Delivery Innovation • Delivery Excellence • Delivery led growth • Demand fulfilment • Delivery operations • Industry & Delivery platforms • Consulting-led, AI-powered Industry, Cross-Industry & Functional Solutions • Wipro Innovation Network (AI Labs, Partners) • AI Mindset & Skillset • Capability building through practice and account academies • AI powered talent • Wipro Leadership Institute Wipro Intelligence, Consulting, M&A AI Powered Wipro
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Simplified and re-aligned operating model. Americas 1 Americas 2 Europe APMEA Strategic Market Units (SMUs) are the primary axis for our go-to-market. Horizontals organized by capabilities ⇓ Industry sectors organized by regions ⇒ Global Business Lines (GBLs) focus on delivery, competency building & solutions. Technology Services Wipro Engineering Business Process Services Jasjit Singh Kang Srikumar Rao Malay Joshi Suzanne Dann Omkar Nisal Vinay Firake Nagendra Bandaru 10 Wipro Consulting Amit Kumar
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© Urban ecology Customers • 37.1% women employee • 146 nationalities • 2,080 employees with disabilities People • School Education: Our geographic presence in India spans 28 states and UTs where through a network of 157 partners our work creates positive outcomes for 526,188 students, of which 68,068 are children with disabilities • Sustainability Education: Over 12,598 students and 3,000+ teachers engaged with Wipro Earthian's school program • Relief and support provided to families impacted by Wayanad landslides in 10 wards in the Meppadi Panchayat of Wayanad. • Efforts encompassed rehabilitation of 4,200+ people affected by the disaster. • Implemented 23 healthcare projects, reaching 2.06 million people covering several states. • 84% of total consumption from Renewable energy • 31% of our water is recycled out of total water consumption Ecology Education Community Care • 99.0% revenue generated from existing customers in FY’25 • 197 new customers added during FY’25 • Urban Water Initiatives in water-stressed cities of Bengaluru, Hyderabad, Pune, NCR, and Mumbai • Six small grants awarded across Bengaluru and Mysuru in partnership with Bengaluru Sustainability Forum (BSF) to support action-oriented urban sustainability projects Education, Ecology, Community care highlights Based on FY24 numbers
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© Key highlights
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© Financial summary for the quarter ended December 31, 2025 All figures based on IFRS Q3’26 ( ₹ million) QoQ Growth YoY Growth IT Services Revenue 233,781 3.3% 4.9% IT Services Operating Income 41,186 8.9% 5.6% • IT services segment revenue was at $2,635.4 million, increase of 1.2% QoQ and 0.2% YoY in reported terms. • Non-GAAP IT Services revenue increased (+) 1.4% QoQ and declined (-) 1.2% YoY in constant currency terms • IT services operating margin for Q3’26 was 17.6%, expansion of 0.9% QoQ and 0.1% on YoY basis. • Net income for the quarter was at ₹31.2 billion ,decrease of 3.9% QoQ and 7.0% YoY and EPS was at ₹2.98 ($0.03), decrease of 3.9% QoQ and 7.2% YoY. • Adjusted for impact of labour code changes, Net Income for the quarter was ₹33.6 billion ($374.3 million), increase of 3.6% QoQ and 0.3% YoY and EPS for the quarter was ₹3.21 ($0.04), increase of 3.5 % QoQ and flat YoY.
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© Other highlights for the quarter • Total bookings was at $3,335 million, down 5.7% YoY in constant currency • Large deal bookings was at $871 million, decrease of 8.4% YoY in constant currency • Operating cash flows at 135.4% of Net Income. • Voluntary attrition at 14.2% on TTM basis.
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© Outlook for Quarter ending March 31, 2026 QoQ CC 0.0% to 2.0% We expect revenue from our IT Services business segment to be in the range of $2,635 million to $2,688 million*. *Outlook for the Quarter ending March 31, 2026, is based on the following exchange rates: GBP/USD at 1.33, Euro/USD at 1.17, AUD/USD at 0.65, USD/INR at 88.85 and CAD/USD at 0.72
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© Reconciliation of selected GAAP measures to Non-GAAP measures (1/3)
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© Reconciliation of selected GAAP measures to Non-GAAP measures (2/3)
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© Reconciliation of selected GAAP measures to Non-GAAP measures (3/3)
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Thank you.