Interim report
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January 16, 2026 The Manager- Listing National Stock Exchange of India Limited (NSE: WIPRO) The Manager- Listing BSE Limited (BSE: 507685) The Market Operations NYSE, New York (NYSE: WIT) Dear Sir/Madam, Sub: Outcome of Board Meeting ••••• • •••••• • • ••••••• wip. ro·iii: . . .. •.•:• • • ••••• • • • ••• ••••• The Board of Directors ("Board") of Wipro Limited ("Company"), have at their meeting held over January 15-16, 2026, considered and approved the following: 1. Financial results of the Company for the quarter ended December 31 , 2025, as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2. Payment of interim dividend of ~ 6/- per equity share of par value ~ 2/- each to the Members of the Company as on January 27, 2026, being the Record Date. The payment of Interim Dividend will be made on or before February 14, 2026. Please find enclosed the Audited Standalone and Consolidated financial results under lndAS and Audited Consolidated financial results under IFRS for the quarter ended December 31 , 2025, together with the Auditor's Report, as approved by the Board today. The financial results are also being made available on the Company's website at www.wipro.com. The Board Meeting commenced on January 15, 2026 at 3 PM. The Board of Directors finally approved the financial results for the said period at their meeting held on January 16, 2026, which concluded at 3:35 PM. Thanking You, For Wipro Limited ~ M Sanaulla Khan Company Secretary ENCL: As above . gistered Office: Wipro Limited Doddakannelli Sarjapur Road Bengaluru 560 035 India T : +91 (80) 2844 0011 F : +91 (80) 2844 0054 E : info@wi pro.com W : wipro .com C : L32102KA 1945PLC020800
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Deloitte Haskins & Sells LLP Chartered Accountants Prestige Trade Tower, Level 19 46, Palace Road, High Grounds Benga!uru-560 001 Karnataka, India Tel: +91 80 6188 6000 Fax: +91 80 6188 6011 INDEPENDENT AUDITOR'S REPORT ON THE AUDIT OF STANDALONE FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF WIPRO LIMITED Opinion We have audited the accompanying Statement of Standalone Financial Results of WIPRO LIMITED ("the Company"), for the three and nine months ended December 31, 2025 (the "Statement"/ "Standalone Financial Results"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "LODR Regulations"). In our opinion and to the best of our information and according to the explanations given to us, the Statement: a. is presented in accordance with the requirements of Regulation 33 of the LODR Regulations; and b. gives a true and fair view i.n conformity with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34") prescribed under section 133 of the Companies Act 2013 ("the Act") read with relevant rules issued thereunder and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information of the Company for the three and nine months ended December 31, 2025. Basis for Opinion We conducted our audit of the Standalone Financial Results in accordance with the Standards on Auditing ("SAs") specified under Section 143(10) of the Act. Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Standalone Financial Results section below. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ("!CAI") together with the ethical requirements that are relevant to our audit of the Standalone Financial Results under the provisions of the Act and the Rules thereunder and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI's Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion. Management's and Board of Directors' Responsibilities for the Standalone Financial Results This Statement, which is the responsibility of the Company's Board of Directors, and has been approved by them for the issuance. The Statement has been compiled from the related audited Interim Condensed Standalone Financial Statements for the three and nine months ended December 31, 2025. The Company's Board of Directors are responsible for the preparation and presentation of the Standalone Financial Results that give a true and fair view of the net profit and other comprehensive income and other financial information of the Company in accordance with the recognition and measurement principles laid down in Ind AS 34 prescribed under section 133 of the Act, read with relevant rules issued Regd. Office: One International Center, Tower 3, 32nd floor, Senapati Ba pat Marg, Elphinstone Road {West), Mumbai-400 013, Maharashtra, India. Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: MB-8737
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Deloitte Haskins & Sells LLP thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the LODR Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Standalone Financial Results that give a true and fair view and are free from material misstatement, whether due to fraud or error. In preparing the Standalone Financial Results, the Management and Board of Directors is responsible for assessing the Company's ability, to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. The Board of Directors is also responsible for overseeing the financial reporting process of the Company. Auditor's Responsibilities for the Audit of the Standalone Financial Results Our objectives are to obtain reasonable assurance about whether the Standalone Financial Results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Standalone Financial Results. As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: • Identify and assess the risks of material misstatement of the Standalone Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. • Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on effectiveness of such controls. • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors. • Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the LODR Regulations.
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Deloitte Haskins & Sells LLP • Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern. • Evaluate the overall presentation, structure and content of the Standalone Financial Results, including the disclosures, and whether the Standalone Financial Results represent the underlying transactions and events in a manner that achieves fair presentation. • Obtain sufficient appropriate audit evidence regarding the Standalone Financial Results of the Company to express an opinion on the Standalone Financial Results. Materiality is the magnitude of misstatements in the Standalone Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Standalone Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Standalone Financial Results. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal financial controls that we identify during our audit. We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards. Bengaluru, January 16, 2026 For DELOITTE HASKINS & SELLS LLP Chartered Accountants (Firm's Registration No. 11~36~0018) 4and Subramanian Partner (Membership No. 110815) UDIN:
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WIPRO LIMITED CIN-L32102KA1945PLC020800; Registered Office: \Vipro Limited, Doddakannelli, Sarjapur Road, Bcngaluru-560035, India Website: www.wipro.com; Email: info@wipro.com; Tel:+91-80-2844 0011; Fax: +91-80-2844 0054 AUDITED STANDALONE FINANCIAL RESULTS FOR THE THREE AND NINE MONTHS ENDED DECEMBER 31, 2025 UNDER Ind AS (fin millions, excent share (Ind ner shllre data, unless otltenvise stated) Three months ended Nine months ended Year ended Particulars December September December December December March 31, 31, 2025 30,2025 31,2024 31,2025 31,2024 2025 tincome I jRevenue from operations [80,169 177,700 171,241 529,823 511,456 685,750 II !Other income 10,284 8,923 7,937 39,630 25,456 39,477 III rrotal Income (1+11) 190,453 186,623 179,178 569,453 536,912 725,227 IV ~xpenses a) Purchases of stock-in-trade 947 987 289 2.202 1,525 2.113 b) Changes in inventories of stock-in-trade (45) (146) 257 (57) 117 90 c) Employee benefits expense 98.496 98.468 96,002 291,956 288,254 383,850 d) Finance costs 2,753 2,827 2,862 8,041 7,481 10,018 e) Depreciation, amortisation and impainnent 3,563 3,510 3,598 10,694 11,128 15,013 expense f) Sub-contracting and technical fees 30,886 30,911 28,463 92,878 83,907 112,812 g) Facility expenses 3,229 2,728 2,915 9,313 9,063 12,350 h) Travel 2,432 2,766 2,475 8,399 8,956 11,646 i) Communication 573 609 542 1,740 1,694 2,335 j) Legal and professional charges 1,638 1,818 1,713 4,460 4,903 7,189 k) Software license expense for internal use 4,527 4,264 4,121 12,802 11,829 16,023 1) Marketing and brand building 636 787 912 2,200 2,284 3,117 m) Other expenses 2,871 1,947 355 6.555 297 2,546 lfotal Expenses (IV) 152,506 151,476 144,504 451,183 431,438 579,102 V !Profit before tax (III-IV) 37,947 35,147 34,674 118,270 105,474 146,125 VI rrax expense a) Current tax 8,605 9,783 9,149 27,347 27,958 39,934 b) Deferred tax 1,520 (778) (2,883) (2) (2,386) (2,940) Total tax expense (VI) 10,125 9,005 6,266 27,345 25,572 36,994 VII Profit for the period (V-Vl) 27,822 26,142 28,408 90,925 79,902 109,131 VIII Other comprehensive income (OCI) Items that will not be reclassified to profit or loss: Re-measurements of the defined benefit plans, (293) 303 (331) (173) 372 316 net Net change in fair value of investment in equity instruments measured at fair value 155 (13 (12) 141 (4) (9) through OCI Deferred taxes relating to items that will not 72 (72 81 45 (97 (73) be reclassified to profit or loss Items that will be reclassified to profit or loss: Net change in time value of option contracts 186 73 360 (102) (123) (248) designated as cash flow hedges Net change in intrinsic value of option 81 (987 (231) (681) (254) 193 contracts designated as cash flow hedges Net change in fair value of forward contracts (613) (2,362) (1,486) (2,930 (1,926) (787) designated as cash flow hedges Net change in fair value of investment in debt instruments measured at fair value through (583) (643) 78 (526) 751 1,189 OCI Deferred taxes relating to items that will be 158 895 314 963 445 (24 reclassified to profit or loss 1
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J'otal other comprehensive income for the (837) (2,806 (1,227) (3,263) (836) 557 oeriod, net of taxes IX Total comprehensive income for the period 26,985 23,336 27,181 87,662 79,066 109,688 VII+VIII) X 1 Daid up equity share capital (Par value ~2 per 20,974 20,968 ~hare) 20,938 20,974 20,938 20,944 XI !Reserve excluding revaluation reserves as per 613,930 [balance sheet XII !Earnings per equity share Equity shares of par value f.2/~ each) BPS for the three and nine months ended periods are not annualised) Basic (in~) 2.66 2.50 2,71 8.69 7.64 10.44 Diluted (in<) 2.65 2.49 2.71 8.66 7.62 10.40 1. The audited standalone financial results for the three and nine months ended December 31, 2025 have been approved by the Board of Directors of the Company at its meeting held on January 16, 2026. The Company confirms that its statutory auditors, Deloitte Haskins & Sells LLP have issued audit report with unmodified opinion on the standalone financial results for the three and nine months ended December 31, 2025. 2. The above audited standalone financial results have been prepared on the basis of the audited interim condensed standalone financial statements, which are prepared in accordance with Indian Accounting Standards ("Ind AS"), the provisions of the Companies Act, 2013 (''the Companies Act"), as applicable and guidelines issued by the Securities and Exchange Board of India ("SEBI"). The Ind AS are prescribed under Section 133 of the Companies Act read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and amendments issued thereafter. All amounts included in the standalone financial results (including notes) are reported in millions of Indian Rupees(~ in millions) except share and per share data, unless otherwise stated, 3. Vide its order dated June 06, 2025, the Hon'ble National Company Law Tribunal, Bengaluru bench, approved the scheme of amalgamation for the merger of wholly owned subsidiaries Wipro HR Services India Private Limited, Wipro Overseas IT Services Private Limited, Wipro Technology Product Services Private Limited, Wipro Trademarks Holding Limited and Wipro VLSI Design Services India Private Limited with Wipro Limited, As per the said scheme, the appointed date is April 1, 2025, The Scheme has· been accounted for under the 11 Pooling of Interests Method" as prescribed under Appendix C of Ind AS 103, "Business Combinations" as per the terms of the court order. Prior period numbers have been restated to give effect as if this merger had occurred from the beginning of the preceding period in the financial statements i.e. April 01. 2024. Accordingly, the carrying value of assets, liabilities and reserves pertaining to these entities as appearing in the consolidated financials statements of Wipro Limited has been recognised in the standalone financial statements of Wipro Limited on account of merger effective April0J,2024. 4. The Company publishes these standalone financial results along with the consolidated financial results. In accordance with Ind AS 108, "Operating Segments", the Company has disclosed the segment information in the interim condensed consolidated financial statements and is incorporated in the consolidated financial results. S. Gain/(loss) on sale of property, plant and equipment, for the nine months ended December 31, 2025, includes gain on transfer of building of, 405 and for the nine months ended December 31. 2024 and year ended March 31, 2025, includes gain on relinquishment of the lease hold rights of land, and transfer of building along with other assets of { 885. 6. Other expenses are net of insurance claim received of~ 1,805 for the nine months ended December 31, 2024 and year ended March 31, 2025. 7. Issue of bonus shares During the year ended l\farch 31, 2025, the company concluded bonus issue in the ratio of 1: 1 i.e.1 (one) bonus equity share of~ 2 each for every 1 (one) fully paid-up equity shares held (including ADS holders) was approved by the shareholders of the Company on November 21, 2024. Subsequently, on December 4, 2024, the Company allotted 5,232,094,402 equity shares (including ADS) to shareholders who held equity shares as on the record date of December 3, 2024. The Company also allotted l:1 bonus equity share on 1,274,805 equity shares (including ADS) under allotment as on the record date. Consequently, ~ 10,467 (representing par value of~ 2 per share) was transferred from capital redemption reserve, securities premium and retained earnings to the share capital. 8. On November 21, 2025, the Government of India notified four Labour Codes, effective immediately, replacing the existing 29 labour laws. In accordance with Ind AS 19 - Employee benefits, changes to employee benefit plans arising from legislative amendments are treated as plan amendments, requiring immediate recognition of past service cost in the Statement of Profit and Loss. This approach is consistent with the guidance issued by the Institute of Chartered Accountants of India. The implementation of the Labour Codes has resulted in an increase of~ 2,915 in the provision for defined benefit obligation, which has been recognised as an employee benefit expense in the current reporting period. The Company continues to monitor the finalisation of Central and State Rules, as well as Government clarifications on other aspects of the Labour Codes, and will incorporate appropriate accounting treatment based on these developments as required. 2
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9. Events after the reporting period The Board of Directors in their meeting held on January 16, 2026, declared an interim dividend of~ 6/- (U.S.$ 0.07) per equity share and ADR (300% on an equity share of par value on 2/-). By order of the Board, For, Wipro Limited Place : Bengaluru Date: January 16, 2026 3
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Deloitte Haskins & Sells LLP Chartered Accountants Prestige Trade Tower, Level 19 46, Palace Road, High Grounds Benga!uru-560 001 Karnataka, India Tel: +91 80 6188 6000 Fax: +91 80 6188 6011 INDEPENDENT AUDITOR'S REPORT ON THE AUDIT OF CONSOLIDATED FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF WIPRO LIMITED Opinion We have audited the accompanying Statement of Consolidated Financial Results of WIPRO LIMITED (the "Company") and its subsidiaries (the Company and its subsidiaries together referred to as "the Group") for the three and nine months ended December 31, 2025 ("the Statement"/" Consolidated Financial Results") being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the LODR Regulations"). In our opinion and to the best of our information and according to the explanations given to us, the Statement: a. includes the financial results of the entities as listed in note 5 to the Statement; b. is presented in accordance with the requirements of Regulation 33 of the LODR Regulations; and c. gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" (''Ind AS 34") prescribed under section 133 of the Companies Act 2013 ("the Act") read with relevant rules issued thereunder and other accounting principles generally accepted in India of the consolidated net profit and consolidated other comprehensive income and other financial information of the Group for the three and nine months ended December 31, 2025. Basis for Opinion We conducted our audit of the Consolidated Financial Results in accordance with the Standards on Auditing ("SAs") specified under Section 143(10) of the Act. Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Consolidated Financial Results section below. We are independent of the Group in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ("!CAI") together with the ethical requirements that are relevant to our audit of the Consolidated Financial Results under the provisions of the Act and the Rules thereunder and we have fulfilled our other ethical responsibilities in accordance with these requirements and the !CAi's Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion. Management's and Board of Directors' Responsibilities for the Consolidated Financial Results This Statement, which is the responsibility of the Company's Board of Directors and has been approved by them for the issuance. The Statement has been compiled from the related audited interim condensed consolidated financial statements. The Company's Board of Directors are responsible for the preparation and presentation of the Consolidated Financial Results that give a true and fair view of the consolidated net profit and consolidated other comprehensive income and other financial information of the Group in accordance with the recognition and measurement principles laid down in the Ind AS 34, prescribed under Section 133 of the Act, Regd. Office: One International Center, Tower 3, 32nd floor, Senapati Ba pat Marg, Elphinstone Road (West), Mumbai-400 013, Maharashtra, India. Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: AAB-8737
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Deloitte Haskins & Sells LLP read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the LODR Regulations. The respective Board of Directors of the companies included in the Group are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Group and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the respective financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of Consolidated Financial Results by the Directors of the Company, as aforesaid. In preparing the Consolidated Financial Results, the respective Management and Board of Directors of the companies included in the Group are responsible for assessing the ability of the respective entities to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate their respective entities or to cease operations, or has no realistic alternative but to do so. The respective Board of Directors of the companies included in the Group are responsible for overseeing the financial reporting process of the Group. Auditor's Responsibilities for the Audit of the Consolidated Financial Results Our objectives are to obtain reasonable assurance about whether the Consolidated Financial Results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Consolidated Financial Results. As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: • Identify and assess the risks of material misstatement of the Consolidated Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. • Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on effectiveness of such controls. • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors. • Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the LODR Regulations.
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Deloitte Haskins & Sells LLP • Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Consolidated Financial Results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Group to cease to continue as a going concern. • Evaluate the overall presentation, structure and content of the Consolidated Financial Results, including the disclosures, and whether the Consolidated Financial Results represent the underlying transactions and events in a manner that achieves fair presentation. • Obtain sufficient appropriate audit evidence regarding the financial results of the entities within the Group to express an opinion on the Consolidated Financial Results. We are responsible for the direction, supervision and performance of the audit of financial information of entities included in the Consolidated Financial Results. Materiality is the magnitude of misstatements in the Consolidated Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Consolidated Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Consolidated Financial Results, We communicate with those charged with governance of the Company regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal financial controls that we identify during our audit. We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards. Bengaluru, January 16, 2026 For DELOITTE HASKINS & SELLS LLP Chartered Accountants (Firm's Registration No. 117366W/W-100018) i;t:::,ama•;., Partner (Membership No.110815) UDIN:
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WIPRO LIMITED CIN: L32102KA1945PLC020800; Registered Office: \Vipro Limited, Doddakannelli, Sarjapur Road, Bengaluru - 560035, India Website: ,nYw.wipro.com; Email id-info@"ipro.com; Tel: +91-80-2844 OOH; Fax: +91-80-2844 0054 AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE THREE AND NINE MONTHS ENDED DECEMBER 31, 2025 UNDER IND AS (~ in millions, except share and per share data, unless otherwise stated) Three months ended Nine months ended Year ended Particulars December September December December December March 31,2025 30,2025 31, 2024 31,2025 31,2024 31, 2025 Income I Revenue from operations 235,558 226,973 223,188 683,877 665,842 890,884 II iOther income 10,053 9,477 10,041 30,195 26,957 38,840 III lfotal Income (1+11) 245,611 236,450 233,229 714,072 692,799 929,724 IV !Expenses a) Purchases of stock-in-trade 2,476 1,056 459 4,077 2,157 2,967 b} Changes in inventories of stock-in-trade (15) {[72) 318 (66 164 195 c) Employee benefits expense 142,009 136,163 133,035 412,447 400,023 533,477 d) Finance costs 3,656 3,612 4,146 10,876 11,003 14,770 e) Depreciation, amortisation and impairment expense 8,050 6,917 6,765 21,822 22,362 29,579 f) Sub-contracting and technical fees 27,667 26,498 25,903 79,743 75,252 100,148 g) Facility expenses 4,087 3,519 3,884 11,804 11,954 16,067 h) Travel 3,054 3,338 3,164 10,180 10,937 14,095 i) Communication 831 891 871 2,519 2,943 3,842 j) Legal and professional charges 2,836 2,813 2,842 7,538 8,137 11,270 k) Software license expense for internal use 5,701 5,253 5,080 15,915 14,387 19,338 1) Marketing and brand building 774 900 1,032 2,557 2,674 3,591 m) Lifetime expected credit loss/ (write-back) 973 1,507 (608) 2,982 (41) 324 n) Other expenses 2,201 1,483 1,810 5,Hi2 3,283 5,358 Total Expenses 204,300 193,778 188,701 587,556 565,235 755,021 V Share of net profit/ (loss) of associate and joint venture 28 152 5 230 (37) 254 accounted for using the equity method VI Profit before tax (III-N+V) 41,339 42,824 44,533 126,746 127,527 174,957 VII Tax expense a) Current tax 8,279 11,334 10,829 29,664 32,349 45,405 b) Deferred tax 1,610 (1,134) 37 (357) (1,121) (2,628) Total tax expense 9,889 10,200 10,866 29,307 31,228 42,777 V!Il Profit for the period (VI-VII) 31,450 32,624 33,667 97,439 96,299 132,180 Other comprehensive income (OCn ~terns that will not be reclassified to profit or loss: Remeasurements of the defined benefit plans, net (317) 314 (325) (320) 225 323 Net change in fair value of investment in equity (422) (65 (506 (488 (669) (3,619) instruments measured at fair value through OCI Deferred taxes relating to items that will not be 77 (73) 233 92 61 94 reclassified to profit or loss tems that will be reclassified to profit or loss: Foreign currency translation differences relating to 4,990 13,187 1,753 24,743 5,447 7,216 foreign operations Reclassification of foreign currency translation differences on liquidation of subsidiaries to statement of - - 1 - 14 (41) profit and loss Net change in time value of option contracts designated 186 73 360 (102 (123) (248) as cash flow hedges Net change in intrinsic value of option contracts 81 (987) (231) (681) (254) 193 designated as cash flow hedges Net change in fair value of forward contracts designated (727) (2,362) (l ,486 (3,093' (2,095) (993) as cash flow hedges Net change in fair value of investment in debt (583) (643) 78 (526) 751 1,189 instruments measured at fair value through OCI Deferred taxes relating to items that will be reclassified 186 896 314 1,005 493 34 to orofit or loss IX fotal other comprehensive income for the period, net 3,471 10,340 191 20,630 3,850 4,148 ftaxes tfotal comprehensive income for the period (VIII+IX} 34,921 42,964 33,858 118,069 100,149 136,328 1
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X Profit for the period attributable to: Equity holders of the Company 31,190 32,462 33,538 96,956 95,658 131.354 Non-controlling interests 260 162 129 483 641 826 31,450 32,624 33,667 97,439 96,299 132,180 Total comprehensive income for the period attributable to: Equity holders of the Company 34,635 42,730 33,683 117,485 99,468 135,480 Non-controlling interests 286 234 175 584 681 848 34,921 42,964 33,858 118,069 100,149 136,328 XI aid up equity share capital (Par value ~ 2 per share) 20,974 20,968 20,938 20,974 20,938 20,944 XI! !Reserves excluding revaluation reserves and Non- 802,697 ~ontrollim! interests as oer balance sheet XIII Earnin!!s ner eauitv share CEPSl Equity shares of par value~ 2/- each) EPS for the three and nine months ended periods are not iannualiscd) [Basic (in<) 2.98 3.10 3.21 9.26 9.15 12.56 !Diluted (in<) 2.97 3.09 3.20 9.23 9.13 12.52 l. The audited consolidated financial results of the Company for the three and nine months ended December 31, 2025, have been approved by the Board of Directors of the Company at its meeting held on January 16, 2026. The Company confim1S that its statutory auditors, Deloitte Haskins & Sells LLP have issued audit reports with unmodified opinion on the consolidated financial results for the three and nine months ended December 31, 2025. 2. The above audited consolidated financial results have been prepared on the basis of the audited interim condensed consolidated financial statements for the three and nine months ended December 31, 2025, which are prepared in accordance with Indian Accounting Standards ("Ind AS"), the provisions of the Companies Act, 2013 {"the Companies Act"), as applicable and guidelines issue·d by the Securities and Exchange Board of India ("SEBI"), The Ind AS are prescribed under Section 133 of the Companies Act read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and amendments issued thereafter. All amounts included in the consolidated financial results (including notes) are reported in millions of Indian Rupees(~ in millions) except share and per share data. unless otherwise stated. 3. Gain/(Ioss) on sale of property, plant and equipment for the nine months ended December 31, 2025, includes gain on transfer of building of< 405 and for the nine months ended December 31, 2024 and year ended March 31. 2025, includes gain on relinquishment of the lease hold rights of land, and transfer of building along with other assets of< 885. 4. Other expenses are net of insurance claim received~ 1.805 for the nine months ended December 31. 2024 and year ended March 31, 2025, 5. Employee benefits expense includes impact of past service cost on gratuity due to implementation of new labour code of< 3,028 during the three and nine months ended December 31, 2025. 6. List of subsidiaries. associate and joint venture as at December 31, 2025 arc provided in the table below: Subsidiaries Subsidiaries Subsidiaries Country of Holding Incorporation Attune Consulting India Private ndia 100.00% Limited Capco Technologies Private ndia 100.00% Limited Wipro Chengdu Limited ,.,hina 8.96% !Wipro Holdings (UK) Limited U.K. 100.00% :Vioro Technologies SRL :>omania A Wipro IT Services Bangladesh Bangladesh 100.00% Limited !Wipro TT Sen'ices UK Societas U.K. 100.00% K:apco Consulting Middle East UAE 100.00% IFZE (2) IDesignit A/S Denmark 100.00% Designit Denmark NS Denmark 100.00% Designit Germany GmbH Germany 100.00% Designit Oslo A/S Norway 100.00% Designit Spain Digital, S.L.U Spain 100.00% Designit T.LV Ltd. srael 100.00% !Wipro Bahrain Limited Co. W.L.L Bahrain 100.00% I\Vipro Czech Republic IT Services Czech Republic 100.00% ~.r.o. 2
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N"ipro CRM Services 100.00% ipro 4C Consulting France SAS ranee 100.00% Wipro CRM Services B.V, etherlands 100.00% Wipro CRM Services ApS enmark 100.00% Wipro CRM Services UK Limited .K. 100.00% rove Holdings 2 S.a.r.l uxembourg 100.00% apco Solution Services GmbH 100.00% he Capital Markets Company 100.00% taly Sr! apco Brasil Servir;os E 99.99% onsultoria Ltda he Capital Markets Company 100.00% y(l) PT. WT Indonesia 99.60% ainbow Software LLC 100.00% Wipro Arabia Limited 66.67% omen's Business Park 100.00% echnologies Limited Wipro Doha LLC atar 100.00% Wipro Financial Outsourcing ,K. 100.00% Services Limited Wipro UK Limited .K. 100.00% ipro Gulf LLC ultanate of 99.98% man Wipro Information Technology etherlands 100.00% etherlands BV. ipro Gulf LLC ultanate of 0.02% Wipro Technologies SA 2.62% ipro (Thailand) Co. Limited 0.03% Wipro Technologies GmbH 14.87% Wipro Do Brasil Sistemas De 0.07% nformatica Ltda ipro do Brasil Teclmologia 99.44% tda O) Wipro Information Technology azakhstan 100.00% azakhstan LLP ipro Outsourcing Services eland 100,00% Ireland) Limited ripro Portugal S.A. (I) ortugal 100.00% Wipro Solutions Canada Limited anada 100.00% ipro Technologies Limited 99.99% Wipro Technologies Peru SAC 99.98% ipro Technologies W.T. 100.00% Sociedad Anonima ipro Technology Chile SPA 100,00% pplied Value Technologies B.V. etherlands 100.00% ipro TT Service Ukraine, LLC 100.00% Wipro IT Services Poland SP 100.00% ,0,0 ipro IT Services S.R.L. 100.00% Wipro Regional Headquarter 100.00% Wipro Technologies Australia Pty 100.00% td Wipro Ampion Holdings Pty 100.00% td (!) ipro Technologies SA rgentina 97.38% Wipro Technologies SA DE CV exico 91.08% ipro Technologies South Africa outh Africa 69.42% Proprietary) Limited Wipro Technologies Nigeria igeria 99.84% Limited Wipro Technologies SRL l 00,00% ipro (Thailand) Co. Limited 99.97% i ro Shan hai Limited hina 84.63% 3
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Wipro Technologies Nigeria Nigeria 0.16% 11...imited lwipro Technologies Limited !Russia 0.01% Wioro Technolor,ies Pent SAC !Peru 0.02% Wipro Japan KK. aoan 100.00% Wipro Networks Pte Limited Singapore 100.00% !Applied Value Technologies Pte. !Singapore 100.00% 11-oimited lwipro Chengdu Limited !China 91.04% IDT. WT Indonesia ndonesia 0.40% !Wipro (Thailand) Co. Limited ~hailand A lwipro (Dalian) Limited China 100.00% Wipro Technologies SON BHD Malaysia 100.00% Wipro (Tianjin) Limited (l) C:hina 100.00% V"ipro Philinnines, Inc. Philinnines 100.00% Wioro Shan1rhai Limited ,...hina 15.37% w'ipro Travel Services Limited ndia 100.00% Wipro. LLC USA 100.00% Wipro Technologies SA DE CV Mexico 8.92% Wipro Gallagher Solutions. LLC USA 100.00% Wipro Insurance Solutions, LLC USA 100.00% Wipro IT Services, LLC USA 100.00% f\ggne Global Inc. USA 60.00% !cardinal US Holdings, Inc.0 > USA 100.00% Edgile,LLC USA 100.00% IHealthPlan Services, Inc. (1) USA 100.00% lnfocrossing. LLC USA 100.00% lrntemational TechncGroup USA I00.00% ITncorporated (I 1 Wipro NextGen Enterprise Inc. (I I [USA 100.00% IRizing Intermediate Holdings, !USA 100.00% [nc. (IJ lwipro Appirio, Inc. ( 1} [USA 100.00% Wipro Designit Services, Inc. (I I [USA 100.00% Wipro Telecom Consulting LLC ilJSA 100.00% lwipro VLSI Design Services, !USA 100.00% LLC pnlied Value Technologies, Inc. USA 100.00% IAggne Global IT Services Private ~imited ndia 60.00% Wipro, Inc. JSA 100.00% !Wipro Life Science Solutions, !USA 100.00% !LLC Wipro Connected Services, Inc. JSA 100.00% (Formerly known as Hannan Connected Services, Inc.) (4> <5) !Harman Connected Services Mauritius 100.00% !Mauritius Pvt Ltd. Hannan Connected Services ndia 98.40% Corporation India Pvt. Ltd. !Harman Connected Services ndia 1.60% K.;orporation India Pvt. Ltd. !Wipro Connected Services !Engineering COip. (Formerly USA 100.00% known as Hannan Connected Services Engineering Corp.) !Harman Connected Services UK VK 100.00% !Limited Harman Connected Services Morocco 100.00% Morocco I\Vipro Connected Services US USA 100.00% IMidco LLC (Formerly known as !Hannan Connected Services US MidcoLLC) 4
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l'fhe Wipro SA Broad Based IOwnership Scheme Trust Wipro SA Broad Based Ownership Scheme SPY (RF) (PTY) LTD A Value is less than 0.01 % annan Connected Services B(IJ ;,Vipro Technologies South Africa Proprietary) Limited weden 100.00% 100.00% ~outh Africa 30.58% The Company controls 'The Wipro SA Broad Based Ownership Scheme Trust', 'Wipro SA Broad Based Ownership Scheme SPV (RF) (PTY) LTD' incorporated in South Africa and Wipro Foundation in India. (Z) Grove Holdings 2 S.8,r.1. has transferred its entire shareholding in Capco Consulting Middle East FZE to Wipro IT Services UK Societas, effective September 19, 2025. (3) Wipro (fianjin) Limited has been incorporated with effect from May 23, 2025, which is 100% held by Wipro Networks Pte Limited. (4) The Company, through its subsidiaries, has acquired I 00% shareholding in Hannan Connected Services Inc. and its subsidiaries, effective December 1, 2025. t5} Wipro Digital Inc., a wholly owned subsidiary, has merged with Harman Connected Services Inc., a step-down subsidiary, effective December 1, 2025. (l) Step Subsidiary details ofCardina1 US Holdings, Inc., HealthPlan Services, Inc., International TechneGroup Incorporated, Wipro NextGen Enterprise Inc., Rizing Intermediate Holdings, Inc., The Capital Markets Company BV, Wipro Ampion Holdings Pty Ltd, Wipro Appirio, Inc., Wipro Designit Services, Inc., Wipro do Brasil Technologia Ltda, Wipro Portugal S.A. and Harman Connected Services AB are as follows: Subsidiaries Subsidiaries Subsidiaries Country of Holding Incorporation !Cardinal US Holdings, Inc. '1SA Capco Consulting Services LLC '1SA 100.00% Capco RISC Consulting LLC '1SA 100.00% rrhe Capital Markets Company [,LC USA 100.00% [HealthPlan Services, Inc. '1SA [HealthPlan Services Insurance USA 100.00% Agency, LLC lnteniational TechneGroup '1SA Incorporated rrntemational TechneGroup Ltd. U.K. 100.00% rrn Proficiency Ltd 1 Tsrael 100.00% Mech Works S.R.L. talv 100.00% Wipro Nex:tGen Enterprise Inc. USA 1...eanSwift AB Sweden 100.00% Rizing Intermediate Holdings, JSA jnC. IR,.izing Lanka (Private) Ltd ~ri Lanka 100.00% Attune Netherlands B.V. (6J Netherlands 100.00% IR.izing Solutions Canada Inc. tanada 100.00% IRizingLLC t)SA 100.00% RizingB.V. IN etherlands 100.00% Rizing Consulting Ireland Limited reland 100.00% Rizing Consulting Pty Ltd. f"\ustralia 100.00% Rizing Geospatial LLC µSA 100.00% RizingGmbH Jemrnny 100.00% Rizing Limited 0.K. 100.00% Rizing Consulting USA, LLC lJSA 100.00% (Formerly known as Rizing Consulting USA, Inc.) Rizing Pte Ltd. (6) ~ingapore 100.00% 5
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The Capital Markets Company IBelgium BV tapAfric Consulting (Pty) Ltd ~outh Africa 100.00% tapco Belgium BV rBelgium 100.00% The Capital Markets Company Slovakia 15.00% .LO Capco Consultancy (Thailand) !rhailand 0.04% Ltd leapco Consultancy (Malaysia) Malaysia 100.00% Sdn. Bhd ICapco Consultancy (Thailand) Ltd !rhailand 99.92% lcapco Consulting Singapore Pte. Singapore 100.00% !Ltd Capco Greece Single Member P.C Preece 100.00% Capco Poland sp. z.o.o !Poland 100.00% The Capital Markets Company U.K. 100.00% UK)Ltd Capco Consultancy (Thailand) !rhailand 0.04% Ltd The Capital Markets Company Hong Kong 0.01% i,imited The Capital Markets Company Germany 100.00% GmbH Capco Austria GmbH !Austria 100.00% The Capital Markets Company [Hong Kong 99.99% dmited The Capital Markets Company !Canada 100.00% imited lcapco Brasil Servii;os E !Brazil 0.01% lconsultoria Ltda trhe Capital Markets Company !Switzerland 100.00% s.a.r.l \Andrion AG Switzerland 100.00% tfhe Capital Markets Company France 100.00% S.A.S tThe Capital Markets Company s.r.o Slovakia 85.00% iWipro Arnpion Holdings Pty Ltd Australia !wipro Revolution IT Pty Ltd A..ustralia 100.00% Wipro Shelde Australia Ptv Ltd A.ustralia 100.00% Wipro Appirio, Inc. USA Wipro Appirio (Ireland) Limited reland 100.00% lwipro Appirio UK Limited U.K. 100.00% tfoocodcr, LLC JSA 100.00% !Wipro Designit Senrices, Inc. JSA Wipro Designit Services Limited reland 100.00% wipro do Brasil Technologia Ltda Brazil lwipro do Brasil Servicos Ltda Brazil 100.00% ~ipro Do Brasil Sistemas De Brazil 96.84% nfonnatica Ltda 1\Vipro Portugal S.A. Porh1gal 1\.Vipro do Brasil Technologia Ltda Brazil 0.56% [Wipro Do Brasil Sistemas De Brazil 3.09% nfonnatica Ltda 1\.Vipro Technologies GmbH Germany 85.13% Wipro Business Solutions Germany 100.00% 3mbH (fiJ iVinro IT Services Austria GmbH Austria 100.00% Harman Connected Services AB Sweden !Hannan Connected Services r:hina 100.00% $olutions (Chengdu) Co. Ltd. (G) Step Subsidiary details of Attune Netherlands B.V., Rizing Pte Ltd. and Wipro Business Solutions GmbH are as follows: 6
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Subsidiarif~s Subsidiaries Subsidiaries Country of Incorporation Attune Netherlands B.V. \letherlands :Rizing Germany GmbH 3-ermany 100.00% f\.ttune Italia S.R.L taly 100.00% f\.ttune UK Ltd. J.K. 100.00% Rizing Pte Ltd. Singapore IRizing New Zealand Ltd. New Zealand 100.00% Rizing Philippines Inc. Philippines 100.00% Rizing SDN BHD Malaysia 100.00% IRizing Solutions Pty Ltd '\ustralia 100.00% Wipro Business Solutions GmbH Jermany Wipro Technology Solutions Romania 100.00% S.R.L . As at December 31, 2025, Wipro, LLC held 43.7% interest in Drivestream Inc. and Wipro IT Services LLC held 27% interest in SDVerse LLC. accounted for using the equity method. The list of controlled trusts are· Name of the entity :.:ountry of incorporation \Vipro Equity Reward Trust ndia Winro Foundation ndia Vide the order dated June 06, 2025, the Hon'ble National Company Law Tribunal, Bengaluru bench, approved the scheme of amalgamation for the merger of wholly owned subsidiaries Wipro HR Services India Private Limited, Wipro Overseas IT Services Private Limited, Wipro Technology Product Seivices Private Limited, Wipro Trademarks Holding Limited and Wipro VLSI Design Services India Private Limited with Wipro Limited. As per the said scheme, the appointed date is April 1, 2025. 7j Segment information: The Company is organised into the following operating segments: IT Services and IT Products. IT Services: The IT services segment primarily consists of IT Services offerings to customers organised by four Strategic Market Units ("SMUs") - Americas 1, Americas 2, Europe and Asia Pacific Middle East and Africa ("APMEA"). Americas l and Americas 2 are primarily organised by industry sector, while Europe and APMEA are organised by countries. Americas 1 includes the entire business of Latin America ("LATAM") and the following industry sectors in the United States of America: Communication, Media and Networks, Technology Sothvare and Gaming, Technology New Age, Health, and Consumer. Americas 2 includes the entire business in Canada and the fol1owing industry sectors in the United States of America: Banking and Financial Services, Energy, Manufacturing and Resources, Capital Markets and Insurance, and Hi-tech. Europe consists of the United I(jngdom and Ireland, Switzerland, Germany and Western Europe. APMEA consists of Australia and New Zealand, Southeast Asia, Japan, India, the Middle East, and Africa. Revenue from each customer is attributed to the respective SM Us based on the location of the customer's primary buying center of such services. With respect to certain strategic global customers, revenue may be generated from multiple countries based on such customer's buying centers, but the total revenue related to these strategic global customers are attributed to a single SMU based on the geographical location of key decision makers. Our IT Services segment provides a range of IT and IT enabled services which include digital strategy advisory, customer centric design, technology consulting. IT consulting. custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure services, business process services, cloud, mobility and analytics services, research and development and hardware and software design. IT Products: The Company is a value-added reseller of security, packaged and SaaS software for leading international brands, In certain total outsourcing contracts of the IT Services segment, the Company delivers hardware, software products and other related deliverables. Revenue relating to these items is reported as revenue frnm the sale oflT Products. The Chief Executive Officer ("CEO") and Managing Director of the Company has been identified as the Chief Operating Decision Maker as defined by Ind AS 108, "Operating Segments". The CEO of the Company evaluates the segments based on their revenue growth and operating income. Assets and liabilities used in the Company's business are not identified to any of the operating segments, as these are used interchangeably between segments. Management believes that it is currently not practicable to provide segment discl<?sures relating to total assets and liabilities since a meaningful segregation of the available data is onerous. 7
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Information on reportable segments for the three months ended December 31, 2025, September 30, 2025, and December 31, 2024, nine months ended December 31, 2025, December 31, 2024 and year ended March 31, 2025 are as follows: Three months ended Nine months ended Year ended Particulars December September December December December March 31,2025 30, 2025 31, 2024 31,2025 31, 2024 31, 2025 Audited Audited Audited Audited Audited Audited Segment revenue T Services Americas l 77,809 74,821 72,010 225,727 208,103 281,824 Americas 2 67,708 67,01 I 68.120 201,789 203,390 271,972 Europe 62,405 59,531 59.282 178,753 181,525 240,077 APMEA 25,859 25,042 23,439 74,717 70,753 94,351 Total oflT Services 233,781 226,405 222,851 680,986 663,771 888,224 T Products 2,565 1,126 747 4.419 1,879 2,692 Total segment revenue 236,346 227,531 223,598 685,405 665,650 890,916 Segment result T Services Americas I 16,409 15,435 14,966 46,838 41,991 58,186 Americas 2 14,450 13,122 15,275 40,957 45,813 61.326 Europe 8,003 6,962 7,600 20,991 21,294 29.434 APMEA 3,583 3,308 3,667 9,870 9,178 12,850 Unallocated (l.259) (1,018) (2,518) (1,527) (5,907) (10,157) Total of IT Services 41,186 37,809 38,990 117,129 112,369 151,639 IT Products 227 IOI 29 348 (201) (173 Reconciling Items (5.678) (81) (53) (8,189) 16 1195) Total segment result 35,735 37,829 38,966 109,288 112,184 151,271 i:::inance costs (3,656) (3,612) (4,146 (10,876) (11,003) (14,770 Finance and other income 9.232 8,455 9,708 28,104 26,383 38,202 Share of net profit/ (loss} of associate and joint 28 152 5 230 (37) 254 venture accounted for using equity method Profit before tax 41,339 42,824 44,533 126,746 127,527 174,957 Notes: a) "Reconciling items" includes elimination of inter-segment transactions and other corporate activities. b) Revenue from sale of Company owned intellectual properties is reported as part ofIT Services revenues, c) For the purpose of segment reporting, the Company has included the net impact of foreign exchange gains/(losses), net in revenues amounting tot 788, t 558 and t 410 for the three months ended December 31, 2025, September 30, 2025, and December 31, 2024 respectively and tl ,528 and < (192) for the nine months ended December 3 I. 2025, December 31, 2024 and t 32 for the year ended March 31, 2025, which is reported as a part of Other income in the consolidated financial results, d) Restructuring cost of< 2.629. < Nil and < Nil for the three months ended December 31, 2025. September 30, 2025 and December 31. 2024, respectively and t 5,139 and t Nil for the nine months ended December 31, 2025 and 2024, respectively, and t Nil for the year ended March 3 l, 2025, is included under Reconciling Items. e) Impact of past service cost on gratuity due to implementation of new labour code amounting tot 3,028 for the three and nine months ended December 31, 2025, respectively is included under Reconciling items. f) "Unallocated" within IT Services segment results is after recognition of the below: Three months ended Nine months ended Year ended Particulars December September December December December March 31, 2025 30, 2025 31,2024 31,2025 31,2024 31, 2025 Amortisation and impainnent expenses 2,652 1,670 1.577 5,947 6,278 7,909 on intangible assets Change in fair value of contingent A A - 48 (167) (169) consideration "Value is less than t 0.5 g) Segment results of IT Services segment are after recognition of share-based compensation expense { 1,365, t 1,264 and t 1,712 for the three months ended December 31, 2025, September 30, 2025, and December 31, 2024, respectively and< 3,065 and~ 4,347 for the nine months ended December 31, 2025, December 31, 2024, respectively and~ 5,542 for the year ended March 31, 2025. 8
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h) Segment results of IT Services segment are atier recognition of gain/(loss) on sale of property , plant and equipment oft 33, ~ 464 and t (77) for the three months ended December 3 I, 2025, Septembe r 30, 2025, and December 31, 2024, respectively and ~ 563 and t 766 for the nine months ended December 31, 2025. December 31, 2024, respectively and t 606 for the year ended March 31, 2025. 8. Decline in revenue and earnings estimates led to revision of recoverable value of customer -relationship intangible assets and marketing related intangible assets recognized on business combinations. Consequently. the Company has recognized impaim1ent charge of~ 841, t Nil and t Nil for the three months ended December 3 I, 2025, September 30, 2025 and December 31, 2024, respectively and t 841 and t I, 149 for the nine months ended December 31, 2025 and December 31. 2024, respectively and t 1.155 for the year ended March 31. 2025. as part of depreciation, amortization and impairment expense . 9. Issue of bonus shares During the year ended March 31, 2025, the company concluded bonus issue in the ratio of I: I i.e. I (one) bonus equity share oft 2 each for every I (one) fully paid-up equity shares held (including ADS holders) was approved by the shareholders of the Company on November 21, 2024. Subsequently, on December 4, 2024, the Company allotted 5,232,094,402 equity shares (including ADS) to shareholders who held equity shares as on the record date of December 3, 2024. The Company also allotted I: I bonus equity share on 1,274,805 equity shares (including ADS) under allotment as on the record date. Conseq uently,~ 10,467 (representing par value on 2 per share) was transferred from capital redemption reserves, securities premium and retained earnings to the share capital. 10. On November 21, 2025, the Government oflndia notified four Labour Codes, effective immediately. replacing the existing 29 labour laws. In accordance with Ind AS 19 - Employee benefits, changes to employee benefit plans arising from legislative amendments are treated as plan amendments. requiring immediate recognition of past service cost in the Statement of Profit and Loss. This approach is consistent with the guidance issued by the Institute of Chartered Accountants of India. The implementation of the Labour Codes has resulted in an increase oft 3,028 in the provision for defined benefit obligation. which has been recognised as an employee benefit expense in the current reporting period. The Company continues to monitor the finalisation of Central and State Rules, as well as Government clarifications on other aspects of the Labour Codes , and will incorporate appropriate accounting treatment based on these developments as required. 11. Events after the reporting period The Board of Directors in their meeting held on January 16, 2026, declared an interim dividend of~ 6 /- (U.S .$ 0.07) per equity share and ADR (300% on an equity share of par value on 2 /-). By order of the Board, Place: Bengaluru Date: January 16, 2026 9 For, Wipro Limited Rishad A. Premji Chairman
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Deloitte Haskins & Sells LLP Chartered Accountants Prestige Trade Tower, Level 19 46, Palace Road, High Grounds Bengaluru-560 001 Karnataka, India Tel: +91 80 6188 6000 Fax: +91 80 6188 6011 INDEPENDENT AUDITOR'S REPORT ON THE AUDIT OF CONSOLIDATED FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF WIPRO LIMITED Opinion We have audited the accompanying Statement of Consolidated Financial Results of WIPRO LIMITED ("the Company") and its subsidiaries (the Company and its subsidiaries together referred to as "the Group") for the three and nine months ended December 31, 2025 ("the Statement"/" Consolidated Financial Results"). In our opinion and to the best of our information and according to the explanations given to us, the Statement gives a true and fair view in conformity with the recognition and measurement principles laid down in the International Accounting Standard 34 "Interim Financial Reporting" ("!AS 34") as issued by the International Accounting Standards Board ("IASB") of the consolidated net profit and consolidated total comprehensive income and other financial information of the Group for the three and nine months ended December 31, 2025. Basis for Opinion We conducted our audit of the Consolidated Financial Results in accordance with the Standards on Auditing (''SAs") issued by the Institute of Chartered Accountants of India ("!CAI"). Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Consolidated Financial Results section below. We are independent of the Group in accordance with the Code of Ethics issued by the !CAI together with the ethical requirements that are relevant to our audit of the Statement and we have fulfilled our other ethical responsibilities in accordance with these requirements and the !CAi's Code of Ethics, We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion, Management's and Board of Directors' Responsibilities for the Consolidated Financial Results This Statement, which is the responsibility of the Company's Board of Directors and has been approved by them for the issuance. The Statement has been compiled from the related audited interim condensed consolidated financial statements, The Company's Board of Directors are responsible for the preparation and presentation of the Consolidated Financial Results that give a true and fair view of the consolidated net profit and consolidated other comprehensive income and other financial information of the Group in accordance with the recognition and measurement principles laid down in !AS 34 as issued by IASB, The respective Board of Directors of the companies included in the Group are responsible for maintenance of adequate accounting records for safeguarding the assets of the Group and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the respective financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of this Consolidated Financial Results by the Directors of the Company, as aforesaid. Regd, Office: One International Center, Tower 3, 32nd floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai-400 013, Maharashtra, India. Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: AAB-8737
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Deloitte Haskins & Sells LLP In preparing the Consolidated Financial Results, the respective Management and Board of Directors of the companies included in the Group are responsible for assessing the ability of respective entities to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate their respective entities or to cease operations, or has no realistic alternative but to do so. The respective Board of Directors of the companies included in the Group are responsible for overseeing the financial reporting process of the Group. Auditor's Responsibilities for the Audit of the Consolidated Financial Results Our objectives are to obtain reasonable assurance about whether the Consolidated Financial Results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Consolidated Financial Results. As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: • Identify and assess the risks of material misstatement of the Consolidated Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. • Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on effectiveness of such controls. • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors. • Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Consolidated Financial Results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Group to cease to continue as a going concern. • Evaluate the overall presentation, structure and content of the Consolidated Financial Results, including the disclosures, and whether the Consolidated Financial Results represent the underlying transactions and events in a manner that achieves fair presentation. • Obtain sufficient appropriate audit evidence regarding the financial results of the entities within the Group to express an opinion on the Consolidated Financial Results. We are
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Deloitte Haskins & Sells LLP responsible for the direction, supervIsIon and performance of the audit of financial information of entities included in the Consolidated Financial Results. Materiality is the magnitude of misstatements in the Consolidated Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Consolidated Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Consolidated Financial Results. We communicate with those charged with governance of the Company regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal financial controls that we identify during our audit. We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards. Bengaluru, January 16, 2026 For DELOITTE HASKINS & SELLS LLP Chartered Accountants (Firm's Registration No. 11730-100018) inand Subramanian Partner (Membership No.110815) UDIN:
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WIPRO LIMITED CIN: L32102KA194SPLC020800; Registered Office: \Vipro Limited, Doddakannelli, Sarjapur Road, Bengaluru - 560035, India Website: W'l\'W,wipro,com; Email id-info@wipro.com; Tel: +91-80-2844 0011; Fax: +91-80-2844 0054 AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE THREE AND NINE MONTHS ENDED DECEMBER 31, 2025 UNDER IFRS (IASB) (tin millions, except share and per share data, unless othenvise stated) Three months ended Nine months ended Year ended Particulars December September December December December March 31, 2025 30, 2025 31,2024 31,2025 31,2024 31, 2025 ~ncome a) Revenue from operations 235,558 226,973 223,188 683,877 665,842 890,884 b) Foreign exchange gains/(losses), net 788 558 410 1,528 (192) 32 I !Total income 236,346 227,531 223,598 685,405 665,650 890,916 Expenses a) Purchases of stock-in-trade 2,476 l,056 459 4,077 2,157 2,967 b) Changes in inventories of stock-in-trade (15) (172 318 (66) 164 195 c) Employee benefits expense 142,009 136,163 133,035 412,447 400,023 533,477 d) Depreciation, amortization and impairment expense 8,050 6,917 6,765 21,822 22,362 29,579 e) Sub-contracting and technical fees 27,667 26,498 25,903 79,743 75,252 100,148 f) Facility expenses 4,087 3,519 3,884 IJ,804 11,954 16,067 g) Travel 3,054 3,338 3,164 10,180 10,937 14,095 h) Communication 831 891 871 2,519 2,943 3,842 i) Legal and professional fees 2,836 2,813 2,842 7,538 8,137 11,270 j) Software license expense for internal use 5,701 5,253 5,080 15,915 14,387 19,338 k) Marketing and brand building 774 900 1,032 2,557 2,674 3,591 l) Lifetime expected credit loss/ (write-back) 973 1,507 (608) 2,982 (41) 324 m) (Gain)/loss on sale of property, plant and equipment, net (33 (464 77 (563) (766) (606 n) Other expenses 2,201 1,483 1,810 5,162 3,283 5,358 II Total expenses 200,611 189,702 184,632 576,117 553,466 739,645 lil !finance expenses 3,656 3,612 4,146 10,876 11,003 14,770 IV !Finance and other income 9,232 8,455 9,708 28,104 26,383 38,202 V Share of net profit/ (loss) of associate and joint !Venture accounted for using the equity method 28 152 5 230 (37 254 VI Profit before tax [I-11-III+IV+V] 41,339 42,824 44,533 126,746 127,527 174,957 VII h'ax expense 9,889 10,200 10,866 29,307 31,228 42,777 VIII ~rofit for the period (VI-VII] 31,450 32,624 33,667 97,439 96,299 132,180 Other comprehensive income {OCI) Items that will not be reclassified to profit or loss in subsequent periods Remeasurements oftbe defined benefit plans, net (240 238 (231 (231) 150 274 Net change in fair value of investment in equity instruments measured at .fair value through OCI (422) (62 (367 (485) (533) (3,476 Items that will be reclassified to profit or loss in subsequent periods Foreign currency translation differences 5,050 13,355 1,853 24,988 5,569 7,331 Reclassification of foreign currency translation differences On liquidation of subsidiaries to statement of income - - 1 - 14 (41 Net change in time value of option contracts designated as cash flow hedges, net of taxes 139 58 269 (77) (95) (189 Net change in intrinsic value of option contracts designated as cash flow hedges, net of taxes 59 (744 (l 71 (515) (189 146 Net change in fair value of forward contracts designated as cash flow hedges, net of taxes (560 (l,772 (1,100 (2,333) (1,555) (745) Net change in fair value of investment in debt instruments measured at fair value through OCI, net of taxes (495 (565 37 (472 611 963
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IX Total other comprehensive income for the period, net of taxes 3,531 10,508 291 20,875 3,972 4,263 Total comprehensive income for the period VIII+IXI 34,981 43,132 33,958 118,314 100,271 136,443 X Profit for the period attributable to: Equity holders of the Company 31,190 32,462 33,538 96,956 95,658 131,354 Non-controlling interests 260 162 129 483 641 826 31,450 32,624 33,667 97,439 96,299 132,180 Total comprehensive income for the period attributable to: Equity holders of the Company 34,695 42,898 33,783 117,730 99,590 135,595 Non-controlling interests 286 234 175 584 681 848 34,981 43,132 33,958 118,314 100,271 136,443 XI Paid up equity share capital (Par value f 2 per share) 20,974 20.968 20,938 20,974 20,938 20,944 XII R.eserves excluding revaluation reserves and \Jon-controlling interests as oer balance sheet 807,365 Xlll EarninP"s ner share fEPS) (Equity shares of par value of 'C 2/- each) (EPS for the three and nine months ended periods are not annualized) Basic (in~) 2.98 3.10 3.21 9.26 9.15 12.56 Diluted (in{) 2.97 3.09 3.20 9.23 9.13 12.52 1. The audited consolidated financial results of the Company for the three and nine months ended December 31, 2025, have been approved by the Board of Directors of the Company at its meeting held on January 16, 2026. The Company confirms that its statutory auditors, Deloitte Haskins & Sells LLP have issued an audit report with unmodified opinion on the consolidated financial results for the three and nine months ended December 31, 2025. 2. The above consolidated financial results have been prepared on the basis of the audited interim condensed consolidated financial statements for the three and nine months ended December 31, 2025, which are prepared in accordance with International Financial Reporting Standards and its interpretations ("IFRS"), as issued by the International Accounting Standards Board ("IASB''), All amounts included in the consolidated financial results (including notes) are reported in millions of Indian Rupees ({ in millions) except share and per share data, unless otherwise stated. 3. (Gain)!loss on sale of property, plant and equipment for the nine months ended December 31, 2024 and year ended March 31, 2025, includes gain on relinquishment of the lease hold rights of land, and transfer of building along with other assets oft (885) and for the nine months ended December 31, 2025, includes gain on transfer of building of { (405), 4. Other expenses are net ofinsurance claim received of{ 1,805 for the nine months ended December 31. 2024 and year ended March 31. 2025. 5. Employee benefits expense includes impact of past service cost on gratuity due to implementation of new labour code of{ 3,028 during the three and nine months ended December 31, 2025, 6. List of subsidiaries, associate and joint venture as at December 31, 2025 are provided in the table bclm,r: Subsidiaries Subsidiaries Subsidiaries Country of Holding Incorporation Attune Consulting India Private llldia 100.00% 1..,imited Capco Technologies Private ndia 100.00% Limited .:Vioro Chen2du Limited ..,hina 8.96% Wipro Holdings (UK) Limited U.K. 100.00% .X!inro Technologies SRL omania A Wipro IT Services Bangladesh 3angladesh 100,00% Limited w ipro IT Services UK Societas U.K. 100.00% Capco Consulting Middle East UAE 100.00% FZE(ll DesignitA/S Denmark 100,00% Designit Denmark A/S Denmark 100.00% Designit Germany GmbH Germany 100.00% nesfo:nit Oslo A/S \Jorn1av 100.00% 2
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ipro Bahrain Limited Co, \V,L.L Designit Spain Digital, S.L.U esignit T.L.V Ltd. ipro Czech Republic IT Services zech Republic .r.o. ipro CRM Services rove Holdings 2 S.a.r.J T. WT Indonesia ainbow Software LLC ipro Arabia Limited Wipro Doha LLC ipro Financial Outsourcing Services Limited ipro Gulf LLC ipro Information Technology etherlands BV. ipro IT Service Ukraine, LLC ipro IT Services Poland SP .0.0 ipro IT Services S.R.L. ipro Regional Headquarter ipro Technologies Australia Pty td Wipro Technologies SA ipro Technologies SA DE CV ipro Technologies South Africa Proprietary) Limited ipro 4C Consulting France SAS ranee Wipro CRM Services B.V. etherlands ipro CRM Services ApS enmark Wipro CRM Services UK Limited U.K. apco Solution Services GmbH he Capital Markets Company Italy Sri Capco Brasil Servii;os E onsultoria Ltda he Capital Markets Company BV(l) omen's Business Park echnologies Limited Wipro UK Limited ipro GulfLLC ipro Technologies SA ipro (Thailand) Co. Limited ipro Technologies GmbH ipro Do Brasil Sistemas De nfonnatica Ltda ipro do Brasil Technologia tda (l) ipro lnfonnation Technology azakhstan LLP Wipro Outsourcing Services Ireland) Limited Wipro Portugal S.A. (lj ipro Solutions Canada Limited ipro Technologies Limited ipro Technologies Peru SAC Wipro Technologies W.T. Sociedad Anonima ipro Technology Chile SPA pplied Value Technologies B.V. ipro Ampion Holdings Pty td O 1 3 .K. Sultanate of Oman • etherlands Sultanate of Oman 100.00% 100.00% 100.00% 100.00% 100.00% 100.00o/, 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 99.99% 100.00% 99.60% 100.00% 66.67% 100.00% 100.00% 100.00% 100.00% 99.98% 100.00% 0.02% 2.62% 0.03% 14.87% 0.07% 99.44% 100.00% 100.00% 100.00% 100.00% 99.99% 99.98% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 97.38% 91.08% 69.42%
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!Wipro Technologies Nigeria ~igeria 99.84% !Limited I\Vipro Techno1ogies SRL Romania 100.00% !Wipro (Thailand) Co. Limited Thailand 99.97% IVhpro Shanghai Limited China 84.63% IWipro Technologies Nigeria Nigeria 0.16% 1-L-imited Wipro Technologies Limited Russia 0.01% lwioro Technoloo-ies Peru SAC 0 eru 0.02% Winro Janan KK anan 100.00% Wipro Networks Pte Limited Singapore 100.00% !Applied Value Technologies Pte. Singapore 100.00% limited r\Vipro Chengdu Limited ..,hina 91.04% !PT. WT Indonesia Indonesia 0.40% r\Vipro (Thailand) Co. Limited Thailand A lwipro (Dalian) Limited China 100.00% I\Vipro Technologies SDN BHD Malaysia 100.00% Wipro (Tianjin) Limited (3) thina 100,00% w'ioro Philinnines, Inc. Phili~~ines 100.00% Winro Sharni:hai Limited China 15,37% [Wipro Travel Services Limited ndia 100.00% !Wipro, LLC USA 100.00% Wipro Technologies SA DE CV Mexico 8.92% Wipro Gallagher Solutions, LLC USA 100.00% Wipro Insurance Solutions, LLC USA 100.00% Wipro IT Services, LLC USA 100,00% IAggne Global Inc. USA 60.00% :Cardinal US Holdings, lnc, 0 ) iuSA 100.00% )ldgile, LLC USA 100.00% IHealthPlan Services, Inc. (I) USA 100.00% nfocrossing, LLC tfSA 100.00% International TechneGroup tfSA 100.00% Incorporated {l) Wipro NextGen Enterprise Inc. (l) USA 100.00% Rizing Intermediate Holdings, USA 100.00% Inc. (I l Wipro Appirio, Inc. (l) USA 100.00% Wipro Designit Services, Inc. (I) lfSA 100.00% Wipro Telecom Consulting LLC USA 100.00% !Wipro VLSI Design Services, USA 100.00% LLC IAnnlied Value Techno\oi:,ies. lnc. USA 100.00% lAggne Global IT Services Private India 60.00% µ.,,imited Wipro, Inc. USA 100.00% lwipro Life Science Solutions, USA 100.00% LLC jWipro Connected Services, Inc. JSA 100.00% '.Formerly known as Harman !Connected Services, Inc.) (4) {S) Hannan Connected Services Mauritius 100.00% Mauritius Pvt Ltd. Harman Connected Services ndia 98.40% Corporation India Pvt Ltd. !Harman Connected Services ndia 1.60% k:orporation India Pvt. Ltd. Wipro Connected Services USA J00.00% !Engineering Corp. (Formerly known as Hannan Connected Services Engineering Corp.) !Hannan Connected Services UK UK 100.00% ll--imited !Hannan Connected Services !Morocco 100.00% Morocco 4
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!Wipro Connected Services US USA 100.00% Midco LLC (Formerly known as IH annan Connected Services US MidcoLLC) Hannan Connected Services sweden 100.00% AB (il The Wipro SA Broad Based Ownership Scheme Trust lwipro SA Broad Based Ownership flcheme SPV (RF) (PTY) LTD 100.00% Wipro Technologies South Africa South Africa 30.58% Proprietary) Limited "Value is less than 0.01% The Company controls 'The Wipro SA Broad Based Ownership Scheme Trust', 'Wipro SA Broad Based Ownership Scheme SPV (RF) (PTY) LTD' incorporated in South Africa and Wipro Foundation in India. (l) Grove Holdings 2 S.i.r.L has transferred its entire shareholding in Capco Consulting Middle East FZE to Wipro IT Services UK Societas, effective September 19, 2025. (3) Wipro (Tianjin) Limited has been incorporated with effect from May 23, 2025, which is 100% held by Wipro Networks Pte Limited. (4) The Company, through its subsidiaries, has acquired 100% shareholding in Harman Connected Services Inc. and its subsidiaries, effective December I, 2025. (S) Wipro Digital Inc., a wholly owned subsidiary, has merged with Harman Connected Services Inc., a step-down subsidiary, effective December 1, 2025, (IJ Step Subsidiary details of Cardinal US Holdings, Inc., HealthPlan Services, Inc .. International TechneGroup Incorporated, Wipro NextGen Enterprise Inc., Rizing Intermediate Holdings, Inc., The Capital Markets Company BV, Wipro Ampion Holdings Pty Ltd, Wipro Appirio, Inc., Wipro Designit Services, Inc., Wipro do Brasil Technologia Ltda, Wipro Portugal S.A. and Hannan Connected Services AB are as follows: Subsidiaries Subsidiaries Subsidiaries Country of Holding Incorporation !cardinal US Holdings, Inc. USA Capco Consulting Services LLC USA 100.00% Capco RISC Consulting LLC luSA l00.00% h'he Capital Markets Company USA 100.00% LLC IHealthPlan Services, Inc. USA IHealthPlan Services Insurance !USA 100.00% IAgency, LLC International TechneGroup USA ncorporated lntemationafTechneGroup Ltd. U.K. 100.00% hTI Proficiency Ltd srael 100.00% "'echWorks S.R.L. talv 100.00% Wipro NextGen Enterprise Inc. USA 1 eanSwift AB lsweden 100.00% Rizing Intem1ediate Holdings, USA nc. IRizing Lanka (Private) Ltd ~ri Lanka 100.00% lA..ttune Netherlands B.V. 16) !Netherlands 100.00% IRizing Solutions Canada Inc. Canada 100.00% IRizing LLC USA 100.00% IRizingB.V. !Netherlands 100.00% lruzing Consulting Ireland Limited Ireland 100.00% tR.izing Consulting Pty Ltd. lA.ustralia 100.00% IRizing Geospatial LLC iuSA 100.00% IR.izingGmbH bermany 100.00% IRizino-Limited U.K. 100.00% 5
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Rizing Consulting USA, LLC ~SA 100.00% (Formerly known as Rizing !Consulting USA, Inc,) Rizing Ptc Ltd. (G) t5ingapore 100.00% The Capital Markets Company !Belgium BV icapAfric Consulting (Pty) Ltd South Africa 100.00% ~apco Belgium BV Belgium 100.00% h'he Capital Markets Company Slovakia 15.00% is.r.o jeapco Consultancy (Thailand) Ltd Thailand 0.04% Capco Consultancy (Malaysia) Malaysia 100.00% Sdn. Bhd icapco Consultancy (Thailand) Ltd Thailand 99.92% lcapco Consulting Singapore Pte. Singapore 100.00% !Ltd lcapco Greece Single Member P.C !Greece 100.00% Capco Poland sp. z.o.o !Doland 100.00% The Capital Markets Company ~.K. 100.00% UK) Ltd K:apco Consultancy (Thailand) Ltd trhailand 0.04% ifhe Capital Markets Company lliong Kong 0.01% 11---imited The Capital Markets Company laennany 100.00% OmbH tapco Austria GmbH !Austria 100.00% The Capital Markets Company !Hong Kong 99.99% Limited The Capital Markets Company :Canada 100.00% Limited C.:apco .Brasil Servi9os E Brazil 0.01% Consultoria Ltda The Capita} Markets Company Switzerland 100.00% s.a.r.1 !Andrion AG Switzerland 100.00% The Capital Markets Company c:-rance 100.00% S.A.S lhe Capital Markets Company s.r.o Slovakia 85.00% !Wipro Ampion Holdings Pty Ltd !Australia lwipro Revolution IT Pty Ltd IAustralia 100.00% lwinro Shelde Australia Pry Ltd ustralia 100.00% I\Vipro Appirio, Inc. USA l\vipro Appirio (Ireland) Limited reland 100.00% Wipro Appirio UK Limited U.K. 100.00% Toncoder, LLC :JSA 100.00% [Wipro Designit Services, Inc. USA >Vinro DesiPnit Services Limited Ireland 100.00% Wipro do Brasil Technologia '3razil Ltda Wipro do Brasil Servicos Ltda Brazil 100.00% Wipro Do Brasil Sistemas De Brazil 96.84% Informatica Ltda !Wipro Portugal S.A. Portugal Wipro do Brasil Technologia Ltda '3razil 0.56% Wipro Do Brasil Sistemas De Brazil 3.09% nfonnatica Ltda Wipro Technologies GmbH Germany 85.13% Wipro Business Solutions Germany 100.00% GmbH( 6l Wipro IT Services Austria GmbH Austria 100.00% 6
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Hannan Connected Services AB weden Harman Connected Services China 100.00% Solutions (Chengdu) Co. Ltd. (6) Step Subsidiary details of Attune Netherlands B. V., Rizing Pte Ltd. and Wipro Business Solutions GmbH are as follows: Subsidiaries Subsidiaries Subsidiaries Country of Incorporation Attune Netherlands B.V. Netherlands IRizing Germany GmbH Germany 100.00% lAttune Italia S.RL taly 100.00% Attune UK Ltd. U-.K. 100.00% R.izing Pre Ltd. ingapore IRizing New Zealand Ltd. New Zealand 100.00% IRizing Philippines Inc. "hilippines 100.00% IRizing SDN BHD !Malaysia 100.00% Rizin9" Solutions Pty Ltd !Australia 100.00% Wipro Business Solutions GmbH Germany Wipro Technology Solutions Romania 100.00% S.R.L As at December 31, 2025, Wipro, LLC held 43.7% interest in Drivestream Inc. and Wipro IT Services LLC held 27% interest in SDVerse LLC, accounted for using the equity method. The list of controlled trusts are· \l"ame of the entitv Lountrv ofincornoration Wipro Equity Reward Trust India Minro Foundation ndia Vide the order dated June 06, 2025, the Hon'ble National Company Law Tribunal, Bengaluru bench, approved the scheme of amalgamation for the merger of wholly owned subsidiaries Wipro HR Services India Private Limited, Wipro Overseas IT Services Private Limited, Wipro Technology Product Services Private Limited. Wipro Trademarks Holding Limited and Wipro VLSI Design Services India Private Limited with Wipro Limited. As per the said scheme, the appointed date is April I, 2025. 6. Segment Information The Company is organized into the following operating segments: IT Services and IT Products. IT Services: The IT services segment primarily consists oflT services offerings to customers organized by four Strategic Market Units ("SMUs") - Americas l, Americas 2, Europe and Asia Pacific Middle East and Africa ("APMEA"). Americas I and Americas 2 are primarily organized by industry sector, while Europe and APMEA are organized by countries. Americas 1 includes the entire business of Latin America ("LATAM",) and the following industry sectors in the United States of America: Communication, Media and Nehvorks, Technology Software and Gaming, Technology New Age, Health, and Consumer. Americas 2 includes the entire business in Canada and the following industry sectors in the United States of America: Banking and Financial services, Energy, Manufacturing and Resources, Capital markets and Insurance, and Hi-tech. Europe consists of the United Kingdom and Ireland, S,.vitzcrland, Germany and Western Europe. APMEA consists of Australia and New Zealand, Southeast Asia, Japan, India, the Middle East, and Africa. Revenue from each customer is attributed to the respective S:tv1Us based on the location of the customer's primary buying center of such services. With respect to certain strategic global customers, revenue may be generated from multiple countries based on such customer's buying centers, but the total revenue related to these strategic global customers are attributed to a single SMU based on the geographical location of key decision makers. Our IT Services segment provides a range of IT and IT enabled services which include digital strategy advisory, customer centric design, technology consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure services, business process services, cloud, mobility and analytics services, research and development and hardware and software design. IT Products: The Company is a value-added reseller of security, packaged and SaaS software for leading international brands. In. certain total outsourcing contracts of the IT Services segment, the Company delivers-hardware, software products and other related deliverables. Revenue relating to these items is reported as revenue from the sale of IT Products. The Chief Executive Officer ("CEO") and Managing Director of the Company has been identified as the Chief Operating Decision Maker as defined by IFRS 8, "Operating Segments". The CEO of the Company evaluates the segments based on their revenue growth and operating income. 7
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Assets and liabilities used in the Company's business are not identified to any of the operating segments, as these are used interchangeably between segments. Management believes that it is currently not practicable to provide segment disclosures relating to total assets and liabilities since a meaningful segregation of the available data is onerous. Information on reportable segments for the three months ended December 31, 2025, September 30, 2025, December 31, 2024, nine months ended December 31, 2025, December 31, 2024, and year ended March 31, 2025 are as foilows: Three months ended Nine months ended Particulars December September December December 31,2025 30,2025 31, 2024 31,2025 Audited Audited Audited Audited Segment revenue T Services Americas I 77,809 74,821 72,010 225,727 Americas 2 67,708 67,011 68,120 201,789 Europe 62,405 59,531 59,282 178,753 APMEA 25,859 25,042 23,439 74,717 Total of IT Senices 233,781 226,405 222,851 680,986 IT Products 2,565 1,126 747 4,419 ~otalseementrevenue 236,346 227,531 223,598 685,405 Segment result IT Services Americas l 16,409 15,435 14,966 46,838 Americas 2 14,450 13,122 15,275 40,957 Europe 8,003 6,962 7,600 20,991 APMEA 3,583 3,308 3,667 9,870 Unallocated (1,259) (1,018) (2,518) (1,527) tfotal of IT Sen'ices 41,186 37,809 38,990 117,129 bT Products 227 101 29 348 Reconciling ltems 15,678) /8 I) 153) 18, I 89) Total seement result 35,735 37,829 38,966 109,288 Finance expenses (3,656) (3,612) (4,146) (10,876) !Finance and other income 9,232 8,455 9,708 28,104 Share of net profit/ (loss) of associate and ·oint venture accounted for using the equity ,.,ethod 28 152 5 230 Profit before tax 41,339 42,824 44,533 126,746 "Reconciling Items" includes elimination of inter-segment transactions and other corporate activities. Revenue from sale of Company owned intellectual properties is reported as part of IT Services revenues. December 31, 2024 Audited 208,103 203,390 181,525 70,753 663,771 1,879 665,650 41,991 45,813 21,294 9,178 (5,907 112,369 (201 16 112,184 (11,003) 26,383 137 127,527 Year ended March 31, 2025 Audited 281,824 271,972 240,077 94,351 888,224 2,692 890,916 58,186 61,326 29,434 12,850 (10,157) 151,639 (173 (195) 151,271 (14,770) 38,202 254 174,957 Notes: a) b) c) For the purpose of segment reporting, the Company has included the net impact of foreign exchange gains/(losses), net in revenues amounting to f 788, '{ 558, and f 410 for the three months ended December 31, 2025, September 30, 2025 and December 31, 2024, respectively, { 1,528 and { (192) for the nine months ended December 31, 2025, December 31,2024, and { 32 for the year ended March 31, 2025, which is reported under foreign exchange gains/(losses), net in the consolidated financial results. d) el t) Restructuring cost of { 2,629, ~ Nil and ~ Nil for the three months ended December 31, 2025, September 30, 2025 and December 31, 2024, respectively and {5,139 and~ Nil for the nine months ended December 31, 2025 and 2024, respectively, and~ Nil for the year ended March 31, 2025, is included under Reconciling Items. Impact of past service cost on gratuity due to implementation of new labour code amounting to~ 3,028 for the three and nine months ended December 31, 2025, respectively is included under Reconciling items. "Unallocated" within 1T Services segment results is aftet recognition of the below: Three months ended Nine months ended Year ended December September December December December March 31, 2025 30,2025 31, 2024 31,2025 31,2024 31, 2025 Amortization and impairment expenses on intam2ible assets 2,652 1,670 1,577 5,947 6,278 7,909 Change in fair value of contingent consideration A A - 48 (167) 1169) .I\ Value is less than 0.5 8
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g) Segment results of IT Services segment are after recognition of share-based compensation expense t 1,365, t 1,264 and t I, 712 for the three months ended December 31, 2025, September 30, 2025 and December 31 , 2024, respectively and~ 3,065 and~ 4,347 for the nine months ended December 31, 2025, December 31, 2024, respectively and t 5,542 for the year ended March 3 I, 2025. h) Segment results of IT Services segment are atier recognition of (gain)/loss on sale of property, plant and equipment of~ (33), ~ (464) and t 77 for the three months ended December 31, 2025, September 30, 2025 and December 31, 2024, respectively , and t (563) and t (766) for the nine months ended December 31, 2025, December 31, 2024, respectively, and t (606) for the year ended March 31, 2025. 7. Decline in the revenue and earnings estima tes led to revision of recoverable value of customer-relationship intangible assets and marketing related intangible assets recognized on business combinati ons. Consequently, the Compan y has recognized impairn1ent charge oft 841, t Nil, and t Nil for the three months ended December 31, 2025, September 30, 2025 and December 31, 2024, respectively , and t 841, and t I, 149 for the nine months ended December 31, 2025 and December 31, 2024, respectively , and ~ I, 155 for the year ended March 31, 2025, as part of depreciation, amortization and impairment expense . 8. Issue of bonus shares During the year ended March 31, 2025, the company concluded bonus issue in the ratio of I: I i.e. I (one) bonus equity share oft 2 each for every I (one) fully paid-up equity shares held (including ADS holders) was approved by the shareholders of the Company on November 21. 2024. Subsequent ly, on December 4, 2024, the Company allotted 5,232,094,402 equity shares (including ADS) to shareholders who held equity shares as on the record date of December 3, 2024. The Company also allotted I: I bonus equity share on 1,274,805 equity shares (including ADS) under allotment as on the record date. Consequently , ~ 10,467 (representing par value on 2 per share) was transfe rred from capital redemption reserves, securities premium and retained earnings to the share capital. 9. On Novembe r 21, 2025, the Government of India notified four Labour Codes, effective immediatel y, replacing the existing 29 labour laws. In accordance with !AS 19 - Employee benefits , changes to employee benefit plans arising from legislative amendments are treated as plan amendments, requiring immediate recognition of past servic e cost in the Statement of Income. This approach is consistent with the guidance issued by the Institute of Chartered Accountants of India. The implementation of the Labour Codes has resulted in an increase on 3,028 in the provision for defined benefit obligation, which has been recognized as an employee benefit expense in the current reporting period. The Company continues to monitor the finalization of Central and State Rules, as well as Government clarifications on other aspects of the Labou r Codes, and will incorporate appropr iate accounting treatment based on these developments as required. 10. Events after the reporting period The Board of Directors in their meeting held on January 16, 2026, declared an interim dividend of~ 6 /- (U.S.$ 0.07) per equity share and ADR (300% on an equity share of par value on 2 /-). By order of the Board, Place: Bengalurn Date: January 16, 2026 9 For, Wipro Limited Rishad A. Premji Chairnian