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Wipro Limited Investor Presentation For the quarter ended September 30, 2026
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2 This presentation may contain certain “forward looking” statements, which involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those that may be projected by these forward-looking statements. These uncertainties have been detailed in the reports filed by Wipro with the Securities and Exchange Commission and these filings are available at www.sec.gov. This presentation also contains references to findings of various reports available in the public domain. Wipro makes no representation as to their accuracy or that the company subscribes to those findings. Safe Harbor
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© Our track record on performance Our Strategy Key Highlights Agenda
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© Our track record on performance
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© IT Services Revenue ($M) Other highlights • IT Services Revenue from FY2017-18 to FY 2019-20 is excluding revenue from India State Run Enterprise business which was carved out as a separate segment under IFRS effective Q3’19 • FY 21- 22 onwards India SRE is added to the services revenue numbers. • The above data is as of 31 st March 2026 • Part of NYSE TMT Index • Present in six continents • Employees across 65 countries • 240K+ employees • 175 nationalities represented • 37.6% women employees Partner to Industry Global footprint Diverse talent pool • 1,233 active global clients • Top customer concentration at 4.6% of revenue • 16 $100M+ relationships Growth in IT Services business 6,618 7,082 7,346 7,705 7,895 8,120 8,256 8,137 10,454 11,234 10,805 10,512 10,478 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26
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© Revenue Contribution Top Customer 4.5% Top 5 Customers 14.9% Top 10 Customers 23.9% Customer Metrics* Customers > $100M 18 Customers > $50M 45 *Trailing 12-month basis 34.4 25.6 27.4 12.6 62.2 37.8 **IT Services excluding BPS (Business Process Services) and entities which are not integrated in Wipro limited systems at the beginning of current fiscal year Q2’27 Revenue Distribution – Diversified Portfolio Revenue Mix Strategic Market Unit Mix (%) Revenue Mix (%)** 34.5 19.2 16.5 16.3 13.5 Sector Mix (%) ■ Americas 1 ■ Americas 2 ■ Europe ■ APMEA ■ Offshore revenue ■ Onsite revenue ■ BFSI ■ Consumer ■ Tech & Comms ■ EMR ■ Health
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© Our strategy
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A leading AI-powered technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Consulting-led. AI-powered. Industry-focused. Client-centric. Purpose-driven. 8
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Wipro Intelligence, Consulting, M&A 9 Our 5 strategic priorities 01. 02. 03. 04. 05. Sourcing, Shaping & winning large deals with Consulting-led, AI powered approach Differentiating with Wipro Intelligence Talent @ Scale 5 Pillars of Client Centricity Building Large Accounts in Profitable Markets / Prioritized sectors • Strategic clients • Enabling operating model to drive business value for clients • GCCs Bringing the power of Wipro & its ecosystems • Strategic partners • Wipro Ventures • Advisors, Analysts & Expert networks • Delivery Innovation • Delivery Excellence • Delivery led growth • Demand fulfilment • Delivery operations • AI-Native business & platforms • Consulting-led, AI- powered Industry, Cross Industry & Functional Solutions • Wipro Innovation Network (AI Labs, Partners) • AI Mindset & Skillset • Capability building through practice and account academies • AI powered talent • Wipro Leadership Institute AI Powered Wipro
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Our simplified & re-aligned operating model 10 Strategic Market Units (SMUs) are the primary axis for our go-to-market. Horizontals organized by capabilities ⇓ Industry sectors organized by regions ⇒ Global Business Lines (GBLs) focus on delivery, competency building & solutions. Technology Engineering Business Process Jasjit Singh Kang Srikumar Rao Kanwar Singh Americas 1 Americas 2 Europe APMEA Malay Joshi CEO Omkar Nisal Vinay Firake Consulting Amit Kumar Nagendra P BandaruAI-Native Business & Platforms Unit Anne-Marie RowlandCapco Business Units ⇒
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© • 37.6% women employee • 175 nationalities • 2,537 employees with disabilities People • Our education initiatives span 26 States and 4 UTs, reaching 2.89 million children cumulatively since FY21, including 148,467 children with disabilities supported through inclusive education pathways. • Since FY17, our digital skilling initiatives have engaged 367,058 learners, trained 4,635 professors, and worked with 742 engineering and science institutions. • Wipro earthian's cumulative reach spans 51,000+ schools, 210,000+ students, and 41,000+ teachers across India. • Recovery and rehabilitation efforts following the Wayanad landslides reached 4,255 people through long-term community support initiatives. • Through partnerships with 21 healthcare organisations across 22 projects, healthcare programmes have cumulatively reached ~1 million women in the reproductive age group and ~1.7 million children since FY21. • Healthcare initiatives focus on strengthening primary healthcare systems, maternal and child health, disability support, and preventive care across multiple states. • 94% of total consumption from Renewable energy • 34% of our water is recycled out of total water consumption Ecology • 97.3% revenue generated from existing customers in FY’26 • 216 new customers added during FY’26 • Urban ecology and environment initiatives are implemented across 12 cities, focusing on urban water systems, waste management, biodiversity, climate adaptation, and community ecology. • Programmes support community-led environmental action through initiatives in water conservation, waste management, climate resilience, biodiversity restoration, and urban ecological systems. Based on FY26 numbers Education, Ecology, Community care highlights Education Community Care Customers Urban ecology
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© Key highlights
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© All figures based on IFRS Q2’27 ( ₹ million) QoQ Growth YoY Growth IT Services Revenue 246,670 0.9% 9.0% IT Services Operating Income 40,726 3.9% 6.8% 1. IT services segment revenue was at $2611.5 million, decrease of 0.1% QoQ and increase of 0.3% YoY. 2. Non-GAAP constant currency IT Services segment revenue was flat sequentially and increase of 0.6% YoY. 3. IT services operating margin for Q2’27 was at 16.5%, up by 0.5% QoQ and down by 0.2% YoY. 4. Net income for the quarter was at ₹32.0 billion ($333.9 million), decrease of 4.7% QoQ and 1.9% YoY. 5. Earnings per share for the quarter at ₹3.23 ($0.03), increase of 0.9% QoQ and increase of 4.2% YoY. Financial summary for the quarter ended September 30, 2026
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© 1. Total Bookings was at $2,595 million, down by 22.9% QoQ in constant currency. 2. Large deal bookings was at $674 million, decrease of 58.6% QoQ in constant currency. 3. Operating cash flows of ₹53.0 billion ($553.6 million), increase of 61.3% QoQ and at 165.8% of net income for the quarter. 4. Voluntary attrition was at 13.8% on a trailing 12-month basis. Other highlights for the quarter
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© Outlook for Quarter ending December 31, 2026 QoQ CC (-)1.5% to 0.5% We expect revenue from our IT Services business segment to be in the range of $2,571 million to $2,625 million*. *Outlook for the Quarter ending December 31, 2026, is based on the following exchange rates: GBP/USD at 1.35, Euro/USD at 1.15 , AUD/USD at 0.71, USD/INR at 95.76 and CAD/USD at 0.72
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© Reconciliation of selected GAAP measures to Non-GAAP measures (1/2) 1. Reconciliation of Non-GAAP Constant Currency IT Services Revenue to IT Services Revenue as per IFRS ($Mn)
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© Reconciliation of selected GAAP measures to Non-GAAP measures (2/2) 2. Reconciliation of Free Cash Flow for three months and six months ended June 2026
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Thank you.