WIT 6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the month of April 2025

Commission File Number 001-16139

Wipro Limited

(Exactname of Registrant as specified in its charter)

Not Applicable

(Translation of Registrant’s name into English)

Karnataka, India

(Jurisdiction of incorporation or organization)

Doddakannelli

SarjapurRoad

Bangalore, Karnataka 560035, India+91-80-2844-0011

(Address of principal executiveoffices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:

Form 20-F ☒   Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes ☐   No ☒

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes ☐   No ☒

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

OUTCOME OF BOARD MEETING

Wipro Limited, a company organized under the laws of the Republic of India (the “Company”), hereby furnishes the Commission with the following information relating to the outcome of the meeting of the Board of Directors of the Company (the “Board”) held over April 15-16, 2025. The following information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

On April 16, 2025, the Company informed the securities exchanges in India on which its securities are listed and the New York Stock Exchange (together, the “Exchanges”) that the Board approved the financial results of the Company for the quarter and year ended March 31, 2025. A copy of such letter to the Exchanges is attached hereto as Item 99.1.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly organized.

WIPRO LIMITED
/s/ M. Sanaulla Khan
M. Sanaulla Khan
Senior Vice President and Company Secretary

Dated: April 21, 2025

INDEX TO EXHIBITS

Item
99.1		Letter to the Exchanges dated April 16, 2025.

EX-99.1

Exhibit 99.1

April 16, 2025

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

The Board of Directors (“Board”) of Wipro Limited, have at their meeting held over April 15-16, 2025, considered and approved the financial results of the Company for the quarter and year ended March 31, 2025, as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Please find enclosed the Audited Standalone and Consolidated financial results under IndAS and Audited Consolidated financial results under IFRS for the quarter and year ended March 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 April 15, 2025 at 4:00 PM, and finally concluded on April 16, 2025 at 3:35 PM.

Thanking You,

For Wipro Limited<br> <br><br><br><br><br><br><br><br>
M Sanaulla Khan<br><br><br>Company Secretary<br> <br><br><br><br>ENCL: As above

		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 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 months and year ended March 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<br>
b.	gives a true and fair view in conformity with the recognition and measurement principles laid down in the<br>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<br>generally accepted in India of the net profit and other comprehensive income and other financial information of the Company for the three months and year ended March 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 (“ICAI”) 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’sand 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 months and year ended March 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, 31st 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

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 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<br>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<br>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<br>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<br>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<br>requirements specified under Regulation 33 of the LODR Regulations.
---	---
---
•	Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and,<br>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<br>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<br>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<br>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<br>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.

For DELOITTE HASKINS & SELLS LLP

Chartered Accountants

(Firm’s Registration No. 117366W/W-100018)

Anand Subramanian

Partner

(Membership No. 110815)

UDIN:

Bengaluru, April 16, 2025

WIPRO LIMITED

CIN- L32102KA1945PLC020800 ; Registered Office : Wipro Limited, Doddakannelli, Sarjapur Road,

Bengaluru-560035, India

Website : www.wipro.com ; Email : [email protected] ;Tel:+91-80-2844 0011; Fax:+91-80-2844 0054

STATUTORILY AUDITED STANDALONE FINANCIAL RESULTS FOR THE THREE MONTHS AND YEAR

ENDED MARCH 31, 2025 UNDER Ind AS

(₹ inmillions, except share and per share data, unless otherwise stated) ****

				Three months ended									Year ended
		Particulars		March 31,2025			December 31,2024			March 31,2024			March 31,<br>2025			March 31,2024
		Income
I		Revenue from operations			171,127			168,030			165,932			672,928			667,924
II		Other income			13,787			7,695			10,323			38,598			30,458
III		Total Income (I+II)		****	184,914	****	****	175,725	****	****	176,255	****	****	711,526	****	****	698,382	****
IV		Expenses
		a) Purchases of<br>stock-in-trade			588			289			477			2,106			2,642
		b) Changes in inventories of stock-in-trade			(27	)		257			181			90			179
		c) Employee benefits expense			92,987			93,334			95,937			373,355			382,895
		d) Finance costs			2,485			2,811			2,061			9,813			8,197
		e) Depreciation, amortisation and impairment expense			3,748			3,460			3,743			14,466			14,918
		f) Sub-contracting and technical fees			29,046			28,600			28,638			113,448			113,898
		g) Facility expenses			3,154			2,814			2,795			11,889			10,340
		h) Travel			2,599			2,360			2,733			11,211			12,021
		i) Communication			632			530			447			2,291			2,707
		j) Legal and professional charges			2,281			1,667			1.253			7,006			5,612
		k) Software license expense for internal use			4,186			4,111			3,590			15,983			14,880
		I) Marketing and brand building			832			911			535			3,114			2,935
		m) Other expenses			2,241			331			417			2,452			2,983
		Total Expenses (IV)		****	144,752	****	****	141,475	****	****	142,807	****	****	567,224	****	****	574,207	****
V		Profit before tax (III-IV)		****	40,162	****	****	34,250	****	****	33,448	****	****	144,302	****	****	124,175	****
VI		Tax expense
		a) Current tax			11,826			9,109			7,225			39,487			31,485
		b) Deferred tax			(586	)		(2,980	)		1,757			(3,109	)		1,504
		Total tax expense (VI)		****	11,240	****	****	6,129	****	****	8,982	****	****	36,378	****	****	32,989	****
VII		Profit for the period (V-VI)		****	28,922	****	****	28,121	****	****	24,466	****	****	107,924	****	****	91,186	****
VIII		Other comprehensive income (OCI)
		Items that will not be reclassified to profit or loss:
		Re-measurements of the defined benefit plans,<br>net			(58	)		(331	)		55			254			602
		Net change in fair value of investment in equity instruments measured at fair value through<br>OCI			(5	)		(12	)		10			(9	)		36
		Deferred taxes relating to items that will not be reclassified to profit or loss			25			81			(7	)		(57	)		(148	)
		Items that will be reclassified to profit or loss:
		Net change in time value of option contracts designated as cash flow hedges			(125	)		360			358			(248	)		258
		Net change in intrinsic value of option contracts designated as cash flow hedges			447			(231	)		19			193			162
		Net change in fair value of forward contracts designated as cash flow hedges			1,139			(1,486	)		343			(787	)		1,866

1

		Net change in fair value of investment in debt instruments measured at fair value through<br>OCI		438			78			307			1,189			1,749
		Deferred taxes relating to items that will be reclassified to profit or loss		(469	)		314			(219	)		(24	)		(715	)
		Total other comprehensive income for the period, net of taxes	****	1,392	****	****	(1,227	)	****	866	****	****	511	****	****	3,810	****
IX		Total comprehensive income for the period (VII+VIII)	****	30,314	****	****	26,894	****	****	25,332	****	****	108,435	****	****	94,996	****
X		Paid up equity share capital ( Par value 2 per share)		20,944			20,938			10,450			20,944			10,450
XI		Reserve excluding revaluation reserves as per balance sheet											608,067			567,369
XII		Earnings per equity share
		(Equity shares of par value 2/-each)<br>(EPS for the three months ended periods are not annualised)
		Basic (in )		2.76			2.69			2.34			10.32			8.62
		Diluted (in )		2.75			2.68			2.33			10.29			8.59

All values are in Indian Rupees.

1.	The audited standalone financial results for the three and year ended March 31, 2025 have been approved<br>by the Board of Directors of the Company at its meeting held on April 16, 2025. The Company confirms that its statutory auditors. Deloitte Haskins & Sells LLP have issued audit report with unmodified opinion on the standalone financial<br>results for the three and year ended March 31, 2025.
2.	The above audited standalone financial results have been prepared on the basis of the audited interim<br>condensed standalone financial statements, for the year ended March 31, 2025. and the audited interim condensed standalone financial statements, for the nine months ended December 31, 2024, which are prepared in accordance with Indian<br>Accounting Standards (“Ind AS”), the: provisions of the Companies Act. 2013 (“the Companies Act”), as applicable and guidelines issued by the Securities and<br>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. The figures of<br>last quarter are the balancing figures between audited figures in respect of the full financial year and the published year-to-date figures up to the third quarter of<br>the current financial year. All amounts included in the standalone financial results (including notes) are reported in millions of Indian rupees (₹ in millions)<br>except. share and per share data, unless otherwise stated.
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3.	The Company publishes these standalone financial results along with the consolidated financial results.<br>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.<br>
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4.	Gain/(loss) on sale of property, plant and equipment, for the year ended March 31, 2025, includes<br>gain on relinquishment of the lease hold rights of land, and transfer of building along with other assets of ₹ 885 and for the year ended March 31, 2024 includes<br>gain on sale of immovable properties of ₹ 2,357.
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5.	Other expenses are net of insurance claim received of ₹ Nil for the three months ended March 31, 2025, December 31, 2024, March 31, 2024. respectively, and ₹1,805<br>and ₹ Nil for the year ended March 31, 2025 and 2024, respectively.
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6.	Buyback of equity shares
---	---

During the year ended March 31, 2024, the Company concluded-the buyback of 269,662,921 equity shares (at a price of ₹ 445 per equity share) as approved by the Board of Directors on April 27, 2023. This has resulted in a total cash outflow of ₹ 145,173 (including tax on buyback of ₹ 24,783 and transaction costs related to buyback of ₹ 390). In line with the requirement of the Companies Act. 2013, an amount of ₹ 3,768 and ₹ 141,405 has been utilised from securities premium and retained earnings respectively. Further, capital redemption reserve of ₹ 539 (representing the nominal value of the shares bought back) has been created as an apportionment from retained earnings. Consequent to such buyback, the paid-up equity share capital has reduced by ₹ 539.

Earnings per share for each of the three months ended March 31, 2024, December 31, 2023, September 30, 2023 and June 30, 2023 will not add up to earnings per share for the year ended March 31, 2024, on account of buyback of equity shares.

2

7.	Issue of bonus shares

During the year ended March 31, 2025, the Company concluded bonus issue in the ratio of 1:1 i.e, l (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 1:1 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.

Earnings per share for all prior periods have been proportionately adjusted for the 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).

8,	Balance Sheet:
		As at March 31, 2025				As at March 31, 2024
---	---	---	---	---	---	---	---	---
ASSETS
Non-current assets
Property, plant and equipment			69,991				66,563
Right-of-Use<br>assets			11,539				6,415
Capital<br>work-in-progress			1,785				6,697
Goodwill			4,604				4,604
Other intangible assets			721				1,013
Financial assets
Investments			214,554				206,806
Derivative assets			—				—
Other financial assets			3,300				3,342
Deferred tax assets (net)			453				251
Non-current tax assets (net)			6,629				8,313
Other non-current assets			4573				6,844
Total non-current assets		****	318,149	****		****	310,848	****
Current assets
Inventories			622				729
Financial assets
Investments			397,669				301,437
Derivative assets			1,578				1,105
Trade receivables			80,770				85,153
Unbilled receivables			37,416				31,331
Cash and cash equivalents			43,074				37,906
Other financial assets			5,903				7,790
Current tax assets (net)			3,693				4,875
Contract assets			9,809				12,941
Other current assets			21,718				22,371
Total current assets		****	602,252	****		****	505,638	****
TOTAL ASSETS		****	920,401	****		****	816,486	****
EQUITY AND LIABILITIES
EQUITY
Equity share capital			20,944				10,450
Other equity			608,067				567,369
TOTAL EQUITY		****	629,011	****		****	577,819	****
LIABILITIES
Non-current liabilities
Financial liabilities
Lease liabilities			10,888				5,651
Other financial liabilities			1,051				—
Provisions			1,666				1,161
Deferred tax liabilities (net)			1,674				4,488
Non-current tax liabilities (net)			38,511				34,191
Other non-current liabilities			12,703				8,722
Total non-current liabilities		****	66,493	****		****	54,213	****

3

Current liabilities
Financial liabilities
Borrowings			60,500				41,750
Lease liabilities			3,468				3,594
Derivative liabilities			968				532
Trade payables
(a) Total outstanding dues of micro enterprises and small enterprises			1,229				1,560
(b) Total outstanding dues of creditors other than micro enterprises and small<br>enterprises			66,822				56,834
Other financial liabilities			22,245				22,403
Contract liabilities			15,146				14,265
Other current liabilities			9,862				10,220
Provisions			12,802				13,307
Current tax liabilities (net)			31,855				19,989
Total current liabilities		****	224,897	****		****	184,454	****
TOTAL LIABILITIES		****	291,390	****		****	238,667	****
TOTAL EQUITY AND LIABILITIES		****	920,401	****		****	816,486	****
^	Value is less than ₹ 0.5<br>
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9.	Statement of Cash Flows:
---	---
		Year ended March 31,
---	---	---	---	---	---	---	---	---
		2025				2024
Cash flows from operating activities
Profit for the year			107,924				91,186
Adjustments to reconcile profit for the year to net cash generated from operatingactivities
(Gain)/loss on sale of property, plant and equipment, net			(750	)			(2,093	)
Depreciation, amortization and impairment expense			14,466				14,918
Unrealised exchange (gain)/loss and net exchange (gain)/loss on loans to subsidiaries			(788	)			599
Share-based compensation expense			4,737				4,738
Income tax expense			36,378				32,989
Lifetime expected credit loss			825				329
Finance and other income, net of finance costs			(27,511	)			(19,799	)
Diminution, in the value of non-current<br>investments			359				—
Changes in operating assets and liabilities
(Increase)/Decrease in trade receivables			3,558				14,135
(Increase)/Decrease in unbilled receivables and contract assets			(2,953	)			5,209
(Increase)/Decrease in inventories			107				184
(Increase)/Decrease in other financial assets and other assets			4,913				6,914
Increase/(Decrease) in trade payables, other financial liabilities, other liabilities and<br>provisions			9,836				7,826
Increase/(Decrease) in contract liabilities			881				(4,767	)
Cash generated from operating activities before taxes		****	151,982	****		****	152368	****
Income taxes paid, net			(20,435	)			(10,209	)
Net cash generated from operating activities		****	131,547	****		****	142,159	****
Cash flows from investing activities
Payment for purchase of property, plant and equipment			(10,539	)			(7,508	)
Proceeds from disposal of property, plant and equipment			1,832				3,780
Payment for purchase of investments			(780,640	)			(943,324	)
Proceeds from sale of investments			688,878				944,799
Investment in subsidiaries			(51	)			(12,753	)
Proceeds from repayment of loan by subsidiaries			—				12,417
Repayment of security deposit for property, plant and equipment			(300	)			300
Interest received			23,722				19,441
Dividend received			5,163				5,218
Net cash generated from/(used in) investing activities		****	(71,935	)		****	22,370	****

4

Cash flows from financing activities
Proceeds from issuance of equity shares and shares pending allotment			27				13
Repayment of borrowings			(176,000	)			(130,557	)
Proceeds from borrowings			194,750				120.500
Payment of lease liabilities			(4,838	)			(4,806	)
Payment of dividend			(62,821	)			(5,224	)
Interest and finance costs paid			(5,270	)			(6,340	)
Payment for buyback of equity shares, including tax and transaction cost			—				(145,173	)
Net cash used in financing activities		****	(54,152	)		****	(171,587	)
Net increase/(decrease) in cash and cash equivalents during the year		****	5,460	****		****	(7,058	)
Effect of exchange rate changes on cash and cash equivalents			(292	)			(306	)
Cash and cash equivalents at the beginning of the year			37,906				45,270
Cash and cash equivalents at the end of the year		****	43,074	****		****	37,906	****
By order of the Board,		For, Wipro Limited
---	---	---
Place: Bengaluru		Rishad A. Premji
Date: April 16, 2025		Chairman

5

			Chartered Accountants<br> <br>Prestige Trade<br>Tower, Level 19<br> <br>46, Palace Road, High Grounds<br> <br>Bengaluru-560<br>001<br> <br>Karnataka, India<br> <br><br><br><br>Tel: +91 80 6188 6000<br> <br>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 months and year ended March 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<br>
---	---
c.	gives a true and fair view in conformity with the recognition and measurement principles laid down in the<br>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<br>generally accepted in India of the consolidated net profit and consolidated other comprehensive income and other financial information of the Group for the three months and year ended March 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 (“ICAI”) 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 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 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, 31st 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

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 Board of Directors of the companies included in the Group are responsible for assessing the ability of the respective entities in the group 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’sResponsibilities 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<br>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<br>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<br>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<br>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<br>requirements specified under Regulation 33 of the LODR Regulations.
---	---
---
•	Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and,<br>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<br>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<br>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<br>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<br>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.

For DELOITTE HASKINS & SELLS LLP

Chartered Accountants

(Firm’s Registration No. 117366W/W - 100018)

Anand Subramanian

Partner

(Membership No.110815)

UDIN:

Bengaluru, April 16, 2025

WIPRO LIMITED

CIN: L32I02KA1945PLC020800 ; Registered Office : Wipro Limited, Doddakannelli, Sarjapur Road,

Bengaluru - 560035, India

Website: www.wipro.com ; Email id – [email protected] ; Tel:+91-80-2844 0011 ; Fax: +91-80-2844 0054

STATUTORILY AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE THREE MONTHS AND YEAR ENDED

MARCH 31, 2025 UNDER IND AS

(₹ in millions,except share and per share data, unless otherwise stated)

				Three months ended									Year ended
		Particulars		March 31,2025			December 31,2024			March 31,2024			March 31,2025			March 31,2024
		Income
I		Revenue from operations			225,042			223,188			222,083			890,884			897,603
II		Other income			11,883			10,041			6,529			38,840			26,308
III		Total Income (I+II)		****	236,925	****	****	233,229	****	****	228,612	****	****	929,724	****	****	923,911	****
IV		Expenses
		a) Purchases of<br>stock-in-trade			810			459			825			2,967			3,832
		b) Changes in inventories of<br>stock-in-trade			31			318			156			195			278
		c) Employee benefits expense			133,454			133,035			136,255			533,477			549,301
		d) Finance costs			3,767			4,146			3,308			14,770			12,552
		e) Depreciation, amortisation and impairment expense			7,217			6,765			8,405			29,579			34,071
		f) Sub-contracting and technical fees			24,896			25,903			24,318			100,148			103,030
		g) Facility expenses			4,113			3,884			3,727			16,067			14,556
		h) Travel			3,158			3,164			3,349			14,095			15,102
		i) Communication			899			871			956			3,842			4,878
		j) Legal and professional charges			3,133			2,842			2,324			11,270			9,559
		k) Software license expense for internal use			4,951			5,080			4,395			19,338			18,378
		l) Marketing and brand building			917			1,032			667			3,591			3,555
		m) Lifetime expected credit loss/ (write-back)			365			(608	)		367			324			640
		n) Other expenses			2,075			1,810			736			5,358			6,736
		Total Expenses		****	189,786	****	****	188,701	****	****	189,788	****	****	755,021	****	****	776,468	****
V		Share of net profit/ (loss) of associate and joint venture accounted for using the equity method			291			5			(202	)		254			(233	)
VI		Profit before tax (III-IV+V)		****	47,430	****	****	44,533	****	****	38,622	****	****	174,957	****	****	147,210	****
VII		Tax expense
		a) Current tax			13,056			10,829			7,594			45,405			34,973
		b) Deferred tax			(1,507	)		37			2,446			(2,628	)		1,116
		Total tax expense		****	11,549	****	****	10,866	****	****	10,040	****	****	42,777	****	****	36,089	****
VIII		Profit for the period (VI-VII)		****	35,881	****	****	33,667	****	****	28,582	****	****	132,180	****	****	111,121	****
IX		Other comprehensive income (OCI)
		Items that will not be reclassified to profit or loss:
		Remeasurements of the defined benefit plans, net			98			(325	)		(199	)		323			193
		Net change in fair value of investment in equity instruments measured at fair value through<br>OCI			(2,950	)		(506	)		(483	)		(3,619	)		(447	)
		Deferred taxes relating to items that will not be reclassified to profit or loss			33			233			(1	)		94			(137	)
		Items that will be reclassified to profit or loss:
		Foreign currency translation differences relating to foreign operations			1,769			1,753			(855	)		7,216			4,151
		Reclassification of foreign currency translation differences on liquidation of subsidiaries to<br>statement of profit and loss			(55	)		1			(2	)		(41	)		(198	)
		Net change in time value of option contracts designated as cash flow hedges			(125	)		360			358			(248	)		258
		Net change in intrinsic value of option contracts designated as cash flow hedges			447			{231			19			193			162
		Net change in fair value of forward contracts designated as cash flow hedges			1, 102			(1,486	)		475			(993	)		2,115
		Net change in fair value of investment in debt instruments measured at fair value through<br>OCI			438			78			307			1,189			1,749
		Deferred taxes relating to items that will be reclassified to profit or loss			(459	)		314			(257	)		34			(787	)
		Total other comprehensive income for the period, net of taxes		****	298	****	****	191	****	****	(638	)	****	4,148	****	****	7,059	****
		Total comprehensive income for the period (VIII+IX)		****	36,179	****	****	33,858	****	****	27,944	****	****	136,328	****	****	118,180	****

1

X		Profit for the period attributable to:
		Equity holders of the Company		35,696				33,538				28,346				131,354				110,452
		Non-controlling interests		185				129				236				826				669
				****	35,881	****		****	33,667	****		****	28,582	****		****	132,180	****		****	111,121	****
		Total comprehensive income for the period attributable to:
		Equity holders of the Company		36,012				33,683				27,770				135,480				117,676
		Non-controlling interests		167				175				174				848				504
				****	36,179	****		****	33,858	****		****	27,944	****		****	136,328	****		****	118,180	****
XI		Paid up equity share capital (Par value 2 per share)		20,944				20,938				10,450				20,944				10,450
XII		Reserves excluding revaluation reserves and Non-controlling interests as per balance sheet														802,697				734,880
XIII		Earnings per equity share (EPS)
		(Equity shares of par value 2/- each) (EPS for the three and nine months ended periods are not annualised)
		Basic (in )		3.41				3.21				2.71				12.56				10.44
		Diluted (in )		3.39				3.20				2.70				12.52				10.41

All values are in Indian Rupees.

1.	The audited consolidated financial results of the Company for the three months and year ended March 31, 2025<br>have been approved by the Board of Directors of the Company at its meeting held on April 16, 2025. The Company confirms that its statutory auditors, Deloitte Haskins & Sells LLP have issued audit reports with unmodified opinion on the<br>consolidated financial results for the three months and year ended March 31, 2025.
2.	The above audited consolidated financial results have been prepared on the basis of the audited interim<br>condensed consolidated financial statements for the year ended March 31, 2025, and the audited interim condensed consolidated financial statements for the nine months ended December 31, 2024 which are prepared in accordance with Indian<br>Accounting Standards (“I nd AS”), the provisions of the Companies Act, 2013 (“the Companies Act”), as applicable and guidelines issued by the Securities and Exchange Board of India<br>(“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, The figures of last quarter are the<br>balancing figures between audited figures in respect of the full financial year and the published year-to-date figures up to the third quarter of the current financial<br>year. All amounts included in the consolidated financial results (including notes) are reported in millions of Indian rupees (₹ in millions) except share and per share<br>data, unless otherwise stated.
---	---
3.	Gain/(loss) on sale of property, plant and equipment for the year - ended March 31, 2025, includes gain on<br>relinquishment of the lease hold rights of land, and transfer of building along with other assets of ₹ 885 and for the year ended March 31,2024 includes gain on sale<br>of immovable properties of ₹ 2,357.
---	---
4.	Other expenses are net of reversals of contingent consideration of ₹2, ₹ Nil, ₹ 792 for the three months<br>ended March 31, 2025, December 31, 2024, March 31, 2024, respectively, and ₹ 169 and<br>₹ 1,300 for the year ended March 31, 2025 and March 31, 2024, respectively. Other expenses are net of insurance claim received of<br>₹ Nil for the three months ended March 31, 2025, December 31, 2024, .March 31, 2024, respectively, and<br>₹ 1,805 and ₹ Nil for the year ended March 31, 2025 and 2024, respectively.<br>
---	---
5.	List of subsidiaries, associate and joint venture as at March 31, 2025 are provided in the table below:
---	---
Subsidiaries		Subsidiaries		Subsidiaries		Country of<br><br><br>Incorporation
---	---	---	---	---	---	---
Attune Consulting India Private Limited						India
Capco Technologies Private Limited						India
Wipro Technology Product Services Private Limited						India
Wipro Chengdu Limited						China
Wipro Holdings (UK) Limited						U.K.
Wipro HR Services India Private Limited						India
Wipro IT Services Bangladesh Limited						Bangladesh
Wipro IT Services UK Societas						U.K.
		Designit A/S				Denmark
				Designit Denmark A/S		Denmark
				Designit Germany GmbH		Germany
				Designit Oslo A/S		Norway
				Designit Spain Digital, S.L.U		Spain
				Designit T.L.V Ltd.		Israel

2

	Wipro Bahrain Limited Co. W.L.L		Bahrain
	Wipro Czech Republic IT Services s.r.o.		Czech Republic
	Wipro CRM Services (formerly known		Belgium
	as Wipro 4C NV)
		Wipro 4C Consulting France SAS	France
		Wipro CRM Services B.V. (formerly known	Netherlands
		as Wipro 4C Nederland B.V)
		Wipro CRM Services ApS	Denmark
		Wipro CRM Services UK Limited	U.K.
	Grove Holdings 2 S.á.r.l		Luxembourg
		Capco Solution Services GmbH	Germany
		The Capital Markets Company Italy Srl	Italy
		Capco Brasil Servicos E Consultoria Ltda	Brazil
		The Capital Markets Company BV ^(1)^	Belgium
		Capco Consulting Middle East FZE ^(4)^	UAE
	PT. WT Indonesia		Indonesia
	Rainbow Software LLC		Iraq
	Wipro Arabia Limited ^(2)^		Saudi Arabia
		Women’s Business Park Technologies	Saudi Arabia
		Limited^(2)^
	Wipro Doha LLC		Qatar
	Wipro Financial Outsourcing Services		U.K.
	Limited
		Wipro UK Limited	U.K.
	Wipro Gulf LLC		Sultanate of
			Oman
	Wipro Holdings Hungary Korlátolt Felelősségű Társaság		Hungary
	Wipro Information Technology		Netherlands
	Netherlands BV
		Wipro do Brasil Technologia Ltda ^(1)^	Brazil
		Wipro Information Technology Kazakhstan LLP	Kazakhstan
		Wipro Outsourcing Services (Ireland) Limited	Ireland
		Wipro Portugal S.A. ^(1)^	Portugal
		Wipro Solutions Canada Limited	Canada
		Wipro Technologies Limited	Russia
		Wipro Technologies Peru SAC	Peru
		Wipro Technologies W.T. Sociedad Anonima	Costa Rica
		Wipro Technology Chile SPA	Chile
		Applied Value Technologies B.V. ^(5)^	Netherlands
	Wipro IT Service Ukraine, LLC		Ukraine
	Wipro IT Services Poland SP Z.O.O		Poland
	Wipro IT Services S.R.L.		Romania
	Wipro Regional Headquarter		Saudi Arabia
	Wipro Technologies Australia Pty Ltd		Australia
		Wipro Ampion Holdings Pty Ltd ^(1)^	Australia
	Wipro Technologies SA		Argentina
	Wipro Technologies SA DE CV		Mexico
	Wipro Technologies South Africa		South Africa
	(Proprietary) Limited
		Wipro Technologies Nigeria Limited	Nigeria
	Wipro Technologies SRL.		Romania
	Wipro (Thailand) Co. Limited		Thailand
Wipro Japan KK			Japan
Wipro Networks Pte Limited			Singapore
	Wipro (Dalian) Limited		China
	Wipro Technologies SDN BHD		Malaysia
	Applied Value Technologies Pte Limited ^(6)^		Singapore
Wipro Overseas IT Services<br> <br>Private<br>Limited			India
Wipro Philippines, Inc.			Philippines
Wipro Shanghai Limited			China

3

Wipro Trademarks Holding Limited			India
Wipro Travel Services Limited			India
Wipro VLSI Design Services<br>India Private Limited			India
Wipro, LLC			USA
	Wipro Gallagher Solutions, LLC		USA
	Wipro Insurance Solutions, LLC		USA
	Wipro IT Services, LLC		USA
		Aggne Global Inc.^(3)^	USA
		Cardinal US Holdings, Inc.^(l)^	USA
		Edgile, LLC	USA
		Health Plan Services, Inc. ^(1)^	USA
		Infocrossing, LLC	USA
		International TechneGroup Incorporated ^(1)^	USA
		Wipro NextGen Enterprise Inc. ^(1)^	USA
		Rizing Intermediate Holdings, Inc.^(l)^	USA
		Wipro Appirio, Inc. ^(l)^	USA
		Wipro Designit Services, Inc. ^(l)^	USA
		Wipro Telecom Consulting LLC	USA
		Wipro VLSI Design Services, LLC	USA
		Applied Value Technologies, Inc.^(7)^	USA
Aggne Global IT Services Private<br>Limited^(3)^			India
Wipro, Inc.^(8)^			USA
	Wipro Life Science Solutions, LLC<br>^(9)^		USA

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. All the above direct subsidiaries are 100% held by the Company except as mentioned in footnote (2) and (3) below.

^(2)^	Wipro IT Services UK Societas holds 66.67% of the equity securities of Wipro Arabia Limited. Wipro Arabia<br>Limited has acquired 45% of the equity securities of Women’s Business Park Technologies Limited on March 24, 2025 in addition to 55% of the equity’ securities held.^^
^(3)^	The Company holds 60% of the equity securities of Aggne Global IT Services Private Limited and Wipro IT<br>Services, LLC holds 60% of the equity securities of Aggne Global Inc.
---	---
^(4)^	Capco Consulting Middle East FZE has been incorporated with effect from December 17, 2024 which is 100%<br>held by Grove Holdings 2 S.á.r.l.
---	---
^(5)^	Wipro Information Technology Netherlands BV, has acquired 100% of the equity securities of Applied Value<br>Technologies B.V.
---	---
^(6)^	Wipro Networks Pte Limited has acquired 100% of the equity securities of Applied Value Technologies Pte Limited<br>
---	---
^(7)^	Wipro IT Services, LLC has acquired 100% of the equity securities of Applied Value Technologies, Inc.<br>
---	---
^(8)^	Wipro, Inc. has been incorporated as a wholly-owned subsidiary of the Company with the effect from<br>September 30, 2024,
---	---
^(9)^	Wipro Life Science Solutions. LLC has been incorporated as a wholly-owned subsidiary of Wipro. Inc. with effect<br>from October 10, 2024.
---	---
^(1)^	Step Subsidiary details of Cardinal US Holdings, Inc., HealthPlan Services, Inc., International TechneGroup<br>Incorporated. Wipro NextGen Enterprise Inc., Rizing intermediate Holdings, Inc., The Capital Markets Company BV, Wipro Ampion Holdings Pty Ltd. Wipro Appirio, Inc., Wipro Desighit Services, inc., Wipiro do Brasil Technologia Ltda and Wipro Portugal<br>S.A. are as follows:
---	---
Subsidiaries	Subsidiaries	Subsidiaries	Country ofIncorporation
---	---	---	---
Cardinal US Holdings, Inc.			USA
	Capco Consulting Services LLC		USA
	Capco RISC Consulting LLC		USA
	The Capital Markets Company LLC		USA

4

HealthPlan Services, Inc.			USA
	HealthPlan Services Insurance Agency, LLC		USA
International TechneGroup Incorporated			USA
	International TechneGroup Ltd.		U.K.
	ITI Proficiency Ltd		Israel
	MechWorks S.R.L.		Italy
Wipro NextGen Enterprise Inc.			USA
	LeanSwift AB		Sweden
Rizing Intermediate Holdings, Inc.			USA
	Rizing Lanka (Private) Ltd		Sri Lanka
		Attune Netherlands B.V.^(11)^	Netherlands
	Rizing Solutions Canada Inc.		Canada
	Rizing LLC		USA
		Aasonn Philippines Inc.	Philippines
		Rizing B.V.	Netherlands
		Rizing Consulting Ireland Limited	Ireland
		Rizing Consulting Pty Ltd.	Australia
		Rizing Geospatial LLC	USA
		Rizing GmbH	Germany
		Rizing Limited	U.K.
		Rizing Consulting USA, lnc.^(10)^	USA
		Rizing Pte Ltd. ^(11)^	Singapore
The Capital Markets Company BV			Belgium
	CapAfric Consulting (Pty) Ltd		South Africa
	Capco Belgium BV		Belgium
	Capco Consultancy (Malaysia) Sdn. Bhd		Malaysia
	Capco Consultancy (Thailand) Ltd		Thailand
	Capco Consulting Singapore Pte. Ltd		Singapore
	Capco Greece Single Member P.C		Greece
	Capco Poland sp. z.o.o		Poland
	The Capital Markets Company (UK) Ltd		U.K.
	The Capital Markets Company GmbH		Germany
		Capco Austria GmbH	Austria
	The Capital Markets Company Limited		Hong Kong
	The Capital Markets Company Limited		Canada
	The Capital Markets Company S.á.r.1		Switzerland
		Andrion AG	Switzerland
	The Capital Markets Company S.A.S		France
	The Capital Markets Company s.r.o		Slovakia
Wipro Ampion Holdings Pty Ltd			Australia
	Wipro Revolution IT Pty Ltd		Australia
	Wipro Shelde Australia Pty Ltd		Australia
Wipro Appirio, Inc.			USA
	Wipro Appirio (Ireland) Limited		Ireland
		Wipro Appirio UK Limited	U.K.
	Topcoder, LLC.		USA
Wipro Designit Services, Inc.			USA
	Wipro Designit Services Limited		Ireland
Wipro do Brasil Technologia Ltda			Brazil
	Wipro do Brasil Services Ltda		Brazil
	Wipro Do Brasil Sistemas De<br><br><br>Informatica Ltda		Brazil
Wipro Portugal S.A.			Portugal
	Wipro Technologies GmbH		Germany
		Wipro Business Solutions GmbH^(11)^	Germany
		Wipro IT Services Austria GmbH	Austria

5

^(10)^	Attune Netherlands B.V transferred its entire shareholding in Rizing Consulting USA, Inc. to Rizing LLC,<br>effective March 31, 2025.
^(11)^	Step Subsidiary details of Attune Netherlands B.V., Rizing Pte Ltd., Wipro Business Solutions GmbH are as<br>follows:
---	---
Subsidiaries		Subsidiaries		Subsidiaries		Country ofIncorporation
---	---	---	---	---	---	---
Attune Netherlands B.V.						Netherlands
		Rizing Germany GmbH				Germany
		Attune Italia S.R.L				Italy
		Attune UK Ltd.				U.K.
Rizing Pte Ltd.						Singapore
		Rizing New Zealand Ltd.				New Zealand
		Rizing Philippines Inc.				Philippines
		Rizing SDN BHD				Malaysia
		Rizing Solutions Pty Ltd				Australia
Wipro Business Solutions GmbH						Germany
		Wipro Technology Solutions S.R.L				Romania

As at March 31, 2025, the Company held 43.7% interest in Drivestrcam Inc. and 27% interest in SDVerse LLC, accounted for using the equity method.

The list of controlled trusts are:

Name of the entity		Country of incorporation
Wipro Equity Reward Trust<br><br><br>Wipro Foundation		India<br>India
6.	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 1 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: communications, media and information services, software and gaming, new age technology, consumer goods, medical devices and life sciences, healthcare, and technology products and services. 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, Switzerland, Germany, Northern Europe and Southern Europe, APMEA consists of Australia and New Zealand, India, Middle East, South East Asia, Japan and Africa.

Revenue from each customer is attributed to the respective SMUs 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 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 disclosures relating to total assets and liabilities; since a meaningfu1 segregation of the avariable data is onerous.

Information on reportable segments for the three months ended March 31, 2025. December 31, 2024, and March 31, 2024, year ended March 31, 2025 and March ,31, 2024 are as follows:

6

		Three months ended									Year ended
Particulars		March 31,<br>2025			December 31,<br>2024			March 31,<br>2024			March 31,<br>2025			March 31,<br>2024
		Audited			Audited			Audited			Audited			Audited
Segment revenue
IT Services
Americas 1			73,721			72,010			67,229			281,824			268,230
Americas 2			68,582			68,120			67,724			271,972			269,482
Europe			58,552			59,282			61,344			240,077			253,927
APMEA			23,598			23,439			24,499			94,351			102,177
Total of IT Services		****	224,453	****	****	222,851	****	****	220,796	****	****	888,224	****	****	893,816	****
IT Products			813			747			1,159			2,692			4,127
Total segment revenue		****	225,266	****	****	223,598	****	****	221,955	****	****	890,916	****	****	897,943	****
Segment result
IT Services
Americas 1			16,195			14,966			14,081			58,186			59,364
Americas 2			15,513			15,275			15,791			61,326			59,163
Europe			8,140			7,600			7,933			29,434			33,354
APMEA			3,672			3,667			3,401			12,850			12,619
Unallocated			(4,250			(2,518			(5,011			(10,157	)		(20,304
Total of IT Services		****	39,270	****	****	38,990	****	****	36,195	****	****	151,639	****	****	144,196	****
IT Products			28			29			143			(173	)		(371	)
Reconciling Items			(211	)		(53	)		(965	)		(195	)		(7,726	)
Total segment result		****	39,087	****	****	38,966	****	****	35,373	****	****	151,271	****	****	136,099	****
Finance costs			(3,767			(4,146			(3,308			(14,770	)		(12,552	)
Finance and other income			11,819			9,708			6,759			38,202			23,896
Share of net profit/ (loss) of associate and joint			291			5			(202	)		254			(233	)
venture accounted for using equity method
Profit before tax		****	47,430	****	****	44,533	****	****	38,622	****	****	174,957	****	****	147,210	****

Notes:

a)	“Reconciling items” includes elimination of inter-segment transactions and other corporate<br>activities.
b)	Revenue from sale of Company owned intellectual properties is reported as part of IT Services revenues.<br>
---	---
c)	For the purpose of segment reporting, the Company has included the net impact of foreign exchange<br>gains/(losses), net in revenues: amounting to ₹ 224, ₹ 410 and ₹ (128) for the three months ended March 31, 2025, December 31, 2024, and March 31, 2024 respectively,<br>₹ 32 and ₹ 340 for the year ended March 31, 2025 and March 31, 2024<br>respectively, which is reported as a part of Other income in the consolidated financial results.
---	---
d)	Restructuring cost of ₹ Nil<br>and ₹ 6,814 for the three months and year ended March 31, 2024, respectively, is included under Reconciling Items.
---	---
e)	Reconciling Items for the three months and year ended March 31, 2024 includes employee costs of ₹ 921 towards outgoing CEO and Managing Director.
---	---
f)	“Unallocated” within IT Services segment results is after recognition of the below:<br>
---	---
Particulars		Three months ended									Year ended
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		March 31,<br>2025			December 31,<br>2024			March 31,<br>2024			March 31,<br>2025			March 31,<br>2024
Amortisation and impairment expenses on intangible assets			1,631			1,577			2,569			7,909			11,756
Change in fair value of contingent consideration			(2	)		—			(792	)		(169	)		(1,300	)

Segment results of IT Services segment for the three months and year ended March 31, 2024 are after considering additional amortisation due to change in estimate of useful life of the customer-related intangibles in an earlier Business combination.

g)	Segment results of IT Services segment are after recognition of share-based compensation expense ₹ 1,195, ₹ 1,712, and<br>₹ 1,293 for the three months ended March 31, 2025 December 31, 2024, and March 31, 2024, respectively, and ₹ 5,524 and ₹ 5,590 for the year ended March 31, 2025 and March 31, 2024 respectively.
h)	Segment results of IT Services segment are after recognition of gain/(loss) on sale of property, plant and<br>equipment of ₹ (160), ₹ (77) and ₹ (102) for the three months ended March 31, 2025, December 31, 2024, and March 31, 2024, respectively, and ₹<br>606 and 2,072 for the year ended March 31, 2025 and March 31, 2024 respectively.
---	---
7	During the year ended March 31, 2025 and 2024, decline in revenue and earnings estimates led to revision<br>of recoverable value of customer-relationship intangible assets and marketing related intangible assets recognized on business combinations Consequently, the Company has recognized impairment charge of ₹ Nil, ₹ Nil and ₹ 808 for the three<br>months ended March 31, 2025, December 31, 2024 and March 31,2024, ₹ 1,155 and<br>₹ 1,701 for the year ended March 31, 2025 and 2024, as part of amortization and impairment
---	---

7

8.	Buyback of equity shares

During the year ended March 31, 2024, the Company concluded the buyback of 269,662,921 equity shares (at a price of ₹ 445 per equity share) as approved by the Board of Directors on April 27, 2023. This has resulted in a total cash outflow of ₹ 145,173 (including tax on buyback of ₹ 24,783 and transaction costs related to buyback of ₹ 390), In line with the requirement of the Companies Act, 2013, an amount of ₹ 3,768 and ₹ 141,405 has been utilised from securities premium and retained earnings respectively. Further, capital redemption reserve of ₹ 539 (representing the nominal value of the shares bought back) has been created as an apportionment from retained earnings. Consequent to such buyback, the paid-up equity share capital has reduced by ₹ 539.

Earnings per share for each of the three months ended June 30, 2023, September 30, 2023, December 31, 2023 and March 31, 2024 will not add up to earnings per share for the year ended March 31, 2024, on account of buyback of equity shares.

9.	Issue of bonus shares

During the year ended March 31, 2025, the Company concluded bonus issue in the ratio of 1:1 i.e. l (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 1:1 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 reserves, share premium and retained earnings to the share capital.

Earnings per share for all prior periods have been proportionately adjusted for the 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).

8

10.	Audited Consolidated Balance Sheet
		As at
---	---	---	---	---	---	---	---	---
		March 31, 2025				March 31. 2024
ASSETS
Non-current assets
Property, plant and equipment			78,473				74,128
Right-of-Use<br>assets			25,598				17,955
Capital<br>Work-in-progress			1,964				7,234
Goodwill			320,346				311,449
Other Intangible assets			27,450				32,748
Investments accounted for using the equity method			1,327				1,044
Financial assets
Investments			26,458				21,629
Derivative assets			—				25
Trade receivables			299				4,045
Other financial assets			4,664				5,550
Deferred tax assets (net)			2,561				1,817
Non-current tax assets (net)			7,230				9,043
Other non-current assets			7,707				10,577
Total non-current assets		****	504,077	****		****	497,244	****
Current assets
Inventories			694				907
Financial assets
Investments			411,474				311,171
Derivative assets			1,820				1,333
Trade receivables			117,745				115,477
Unbilled receivables			64,280				58,345
Cash and cash equivalents			121,974				96,953
Other financial assets			8,448				10,536
Current tax assets (net)			6,417				6,484
Contract assets			15,795				19,854
Other current assets			29,128				29,602
Total current assets		****	777,775	****		****	650,662	****
TOTAL ASSETS		****	1,281,852	****		****	1,147,906	****
EQUITY AND LIABILITIES
EQUITY
Equity share capital			20,944				10,450
Other equity			802,697				734,880
Equity attributable to the equity holders of the Company		****	823,641	****		****	745,330	****
Non-controlling interests			2,138				1,340
TOTAL EQUITY		****	825,779	****		****	746,670	****
LIABILITIES
Non-current liabilities
Financial liabilities
Borrowings			63,954				62,300
Lease liabilities			22,193				13,962
Derivative liabilities			—				4
Other financial liabilities			7,793				4,985
Provisions			4,656				4,219
Deferred tax liabilities (net)			16,443				17,467
Non-current tax liabilities (net)			42,024				37,090
Other non-current liabilities			12,757				8,751
Total non-current liabilities		****	169,820	****		****	148,778	****
Current liabilities
Financial liabilities
Borrowings			97,863				79,166
Lease liabilities			8,025				9,221
Derivative liabilities			968				558
Trade payables			58,667				57,655
Other financial liabilities			33,463				33,183
Contract liabilities			20,063				17,653
Other current liabilities			15,085				15,238
Provisions			17,638				18,028
Current tax liabilities (net)			34,481				21,756
Total current liabilities		****	286,253	****		****	252,458	****
TOTAL LIABILITIES		****	456,073	****		****	401,236	****
TOTAL EQUITY AND LIABILITIES		****	1,281,852	****		****	1,147,906	****

9

11.	Audited Consolidated Statement of Cash Flows
		Year ended March 31,
---	---	---	---	---	---	---	---	---
		2025				2024
Cash flows from operating activities
Profit for the year			132,180				111,121
Adjustments to reconcile profit for the year to net cash generated from operatingactivities
Gain on sale of property, plant and equipment, net			(606	)			(2,072	)
Depreciation, amortisation and impairment expense			29,579				34,071
Unrealised exchange (gain)/loss, net			(623	)			655
Share-based compensation expense			5,551				5,584
Share of net (profit )/loss of associate and joint venture accounted for using equity<br>method			(254	)			233
Income tax expense			42,777				36,089
Finance and other income, net of finance costs			(23,432	)			(11,344	)
Change in fair value of contingent consideration			(169	)			(1,300	)
Lifetime expected credit loss			324				640
Other non-cash items			—				488
Changes in operating assets and liabilities, net of effects from acquisitions
(Increase)/Decrease in trade receivables			1,894				7,824
(Increase)/Decrease in unbilled receivables and contract assets			(1,331	)			5,919
(Increase)/Decrease in Inventories			213				287
(Increase)/Decrease in other financial assets and other assets			6,609				8,869
Increase)/(Decrease) in trade payables, other financial liabilities, other liabilities and<br>provisions			548				(435	)
Increase/(Decrease) in contract liabilities			2,341				(5,053	)
Cash generated from operating activities before taxes		****	195,601	****		****	191,576	****
Income taxes paid, net			(26,175	)			(15,360	)
Net cash generated from operating activities		****	169,426	****		****	176,216	****
Cash flows from investing activities:
Payment for purchase of property, plant and equipment			(14,737	)			(10,510	)
Proceeds from disposal of property, plant and equipment			1,822				4,022
Payment for purchase of investments			(801,582	)			(975,069	)
Proceeds from sale of investments			706,520				978,598
Payment for business acquisitions including deposits and escrow, net of cash acquired			(964	)			(5,291	)
Payment for investment in joint venture			—				(484	)
Repayment of security deposit for property, plant and equipment			(300	)			300
Interest received			26,212				20,111
Dividend received			2,299				3
Net cash generated from/(used in) investing activities		****	(80,730	)		****	11,680	****
Cash flows from financing activities:
Proceeds from issuance of equity shares and shares pending allotment			27				13
Repayment of borrowings			(177,672	)			(130,557	)
Proceeds from borrowings			195,595				120,500
Payment of lease liabilities			(10,474	)			(10,060	)
Payment for contingent consideration			—				(1,294	)
Interest and finance costs paid			(8,689	)			(10,456	)
Payment of dividend			(62,750	)			(5,218	)
Payment of dividend to Non-controlling interest<br>holders			—				(322	)
Payment for buyback of equity shares, including tax and transaction cost			—				(145,173	)
Net cash used in financing activities		****	(63,963	)		****	(182,567	)
Net increase/(decrease) in cash and cash equivalents during the year			24,733				5,329
Effect of exchange rate changes on cash and cash equivalents			290				(239	)
Cash and cash equivalents at the beginning of the year			96,951				91,861
Cash and cash equivalents at the end of the year		****	121,974	****		****	96,951	****
By order of the Board,	For, Wipro Limited
---	---	---
Place: Bengaluru		Rishad A. Premji
Date: April 16, 2025		Chairman

10

			Chartered Accountants<br> <br>Prestige Trade<br>Tower, Level 19<br>46, Palace Road, High Grounds<br>Bengaluru-560 001<br>Karnataka, India<br> <br><br><br><br>Tel: +91 80 6188 6000<br> <br>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 months and year ended March 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” (“lAS 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 months and year ended March 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 (“ICAI”). 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 ICAI 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 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 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 lAS 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

In preparing the Consolidated Financial Results, the respective Board of Directors of the companies included in the Group are responsible for assessing the ability of respective entities in the group 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<br>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<br>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<br>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<br>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,<br>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<br>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<br>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<br>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<br>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.

For DELOITTE HASKINS & SELLS LLP

Chartered Accountants

(Firm’s Registration No. 117366W/W - 100018)

Anand Subramanian

Partner

(Membership No.110815)

UDIN:

Bengaluru, April 16, 2025

WIPRO LIMITED

CIN: L32102KA1945PLC020800 ; Registered Office : Wipro Limited, Doddakannelli, Sarjapur Road, Bengaluru - 560035, India

Website: www.wipro.com ; Email id - [email protected] ; Tel:+91-80-2844 0011 ; Fax:+91-80-2844 0054

STATUTORILY AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE THREE MONTHS AND YEAR ENDED MARCH 31, 2025

UNDER IFRS (IASB)

(inmillions, except share and per share data, unless otherwise stated)

				Three months ended									Year ended
		Particulars		March 31,<br>2025			December 31,<br>2024			March 31,<br>2024			March 31,<br>2025			March 31,<br>2024
		Income
		a) Revenue from operations			225,042			223,188			222,083			890,884			897,603
		b) Foreign exchange gains/( losses), net			224			410			(128	)		32			340
I		Total income		****	225,266	****	****	223,598	****	****	221,955	****	****	890,916	****	****	897,943	****
		Expenses
		a) Purchases of<br>stock-in-trade			810			459			825			2,967			3,832
		b) Changes in inventories of<br>stock-in-trade			31			318			156			195			278
		c) Employee benefits expense			133,454			133,035			136,255			533,477			549,301
		d) Depreciation, amortization and impairment expense			7,217			6,765			8,405			29,579			34,071
		e) Sub-contracting arid technical fees			24,896			25,903			24,318			100,148			103,030
		f) Facility expenses			4,113			3,884			3,727			16,067			14,556
		g) Travel			3,158			3,164			3,349			14,095			15,102
		h) Communication			899			871			956			3,842			4,878
		i) Legal and professional fees			3,133			2,842			2,324			11,270			9,559
		j) Software license expense for internal use			4,951			5,080			4,395			19,338			18,378
		k) Marketing arid brand building			917			1,032			667			3,591			3,555
		l) Lifetime expected credit loss/ (write-back)			365			(608	)		367			324			640
		m) ( Gain)/loss on sale of property, plant and equipment, net			160			77			102			(606	)		(2,072	)
		n) Other expenses			2,075			1,810			736			5,358			6,736
II		Total expenses		****	186,179	****	****	184,632	****	****	186,582	****	****	739,645	****	****	761,844	****
III		Finance expenses			3.767			4,146			3,308			14,770			12,552
IV		Finance and other income			11,819			9,708			6,759			38,202			23,896
V		Share of net profit/ (loss) of associate and joint venture accounted for using the equity method			291			5			(202	)		254			(233	)
VI		Profit before tax [I-II-III+IV+V]		****	47,430	****	****	44,533	****	****	38,622	****	****	174,957	****	****	147,210	****
VII		Tax expense			11,549			10,866			10,040			42,777			36,089
VIII		Profit for the period [VI-VII]		****	35,881	****	****	33,667	****	****	28,582	****	****	132,180	****	****	111,121	****
		Other comprehensive income (OCI)
		Items that will not be reclassified to profit or loss in subsequent periods
		Remeasurements of the defined benefit plans, net			124			1231	)		(177	)		274			82
		Net change in fair value of investment in equity instruments measured at fair value through<br>OCI			(2,943	)		(367	)		(506	)		(3,476	)		(473	)
		Items that will be reclassified to profit or loss in subsequent periods
		Foreign currency translation differences			1,762			1,853			(844	)		7,331			4,219
		Reclassification of foreign currency translation differences on liquidation of subsidiaries to<br>statement of income			(55	)		1			(2	)		(41	)		(158	)
		Net change in time value of option contracts designated as cash flow hedges, net of<br>taxes			(94	)		269			271			(189	)		198
		Net change in intrinsic value of option contracts designated as cash flow hedges, net of<br>taxes			335			(171	)		15			146			128
		Net change in fair value of forward contracts designated as cash flow hedges, net of<br>taxes			810			(1,100	)		355			(745	)		1,655
		Net change in fair value of investment in debt instruments measured at fair value through OCI,<br>net of taxes			352			37			261			963			1,516
IX		Total other comprehensive income for the period, net of taxes			291			291			(627	)		4,263			7,127’

1

		Total comprehensive income for the period [VIII+IX]	****	36,172	****		****	33,958	****		****	27,955	****		****	136,443	****		****	118,248	****
X		Profit for the period attributable to:
		Equity holders of the Company		35,696				33,538				28,346				131,354				110,452
		Non-controlling interests		185				129				236				826				669
				****	35,881	****		****	33,667	****		****	28,582	****		****	132,180	****		****	111,121	****
		Total comprehensive income for the period attributable to:
		Equity holders of the Company		36,005				33,783				27,781				135,595				117,744
		Non-controlling interests		167				175				174				848				504
				****	36,172	****		****	33,958	****		****	27,955	****		****	136,443	****		****	118,248	****
XI		Paid up equity share capital (Par value 2 per share)		20,944				20,938				10,450				20,944				10,450
XII		Reserves excluding revaluation reserves and Noncontrolling interests as per balance sheet														807,365				739,433
XIII		Earnings per share (EPS)
		(Equity shares of par value of<br> 2/- each) (EPS for the three<br>months ended periods are not annualized)
		Basic (in )		3,41				3.21				2,71				12,56				10,44
		Diluted (in )		3,39				3,20				2,70				12,52				10,41

All values are in Indian Rupees.

1.	The Audited-consolidated financial results of the Company for the three months and year ended March 31,<br>2025, have been approved by the Board of Directors of the Company at its meeting held on April 16, 2025. The Company confirms that its statutory auditors, Deloitte Haskins & Sells LLP have issued an audit report with unmodified opinion<br>on the consolidated financial results.
2.	The above consolidated financial results have been prepared on the basis of the audited interim<br>condensed consolidated financial statements for the year ended March 31, 2025 and the audited interim condensed consolidated financial statements for the nine months ended. December 31, 2024, which are prepared in accordance with International<br>Financial Reporting Standards and its interpretations (“IFRS”), as issued, by the International Accounting Standards Board (“IASB”). The figures of last quarter are the balancing figures between audited figures in respect of the<br>full financial year and the published year-to-date figures up to the third quarter of the current financial year. All amounts included in the consolidated financial<br>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 year ended March 31, 2025, includes<br>gain on relinquishment of the lease hold rights of land, and transfer of building along with other assets of ₹ (885), and for the year ended March 31, 2024<br>includes gain on sale of immovable properties of ₹ (2,357).
---	---
4	Other expenses are net of reversals of contingent consideration of ₹ 2, ₹ Nil. ₹ 792 for the three months<br>ended March 31, 2025, December 31, 2024 and March 31, 2024. respectively, and ₹ 169 and<br>₹ 1,300 for the year ended March 31, 2025 and 2024, respectively. Other expenses are net of insurance claim received of ₹Nil for the three months ended March 31, 2025, December 31, 2024 and March 31,2024, respectively, and ₹ 1,805 and ₹ Nil for the year ended March 31, 2025 and 2024. respectively.
---	---
5.	List of subsidiaries, associate and joint venture as at March 31, 2025 arc provided in the table below:
---	---
Subsidiaries	Subsidiaries	Subsidiaries	Country ofIncorporation
---	---	---	---
Attune Consulting India Private Limited			India
Capco Technologies Private Limited			India
Wipro Technology Product Services Private Limited			India
Wipro Chengdu Limited			China
Wipro Holdings (UK) Limited			U.K.
Wipro HR Services India Private Limited			India
Wipro IT Services Bangladesh Limited			Bangladesh
Wipro IT Services UK Societas			U.K.
	Designit A/S		Denmark
		Designit Denmark A/S	Denmark
		Designit Germany GmbH	Germany
		Designit Oslo A/S	Norway

2

		Designit Spain Digital. S.L.U	Spain
		Designit T.L.V Ltd.	Israel
	Wipro Bahrain Limited Co. W.L.L		Bahrain
	Wipro Czech Republic IT Services s.r.o.		Czech Republic
	Wipro CRM Services (formerly known		Belgium
	as Wipro 4C NV)
		Wipro 4C Consulting France SAS	France
		Wipro CRM Services B.V. (formerly known as Wipro 4C Nederland B.V)	Netherlands
		Wipro CRM Services ApS	Denmark
		Wipro CRM Services UK Limited	U.K.
	Grove Holdings 2 S.á.r.l		Luxembourg
		Capco Solution Services GmbH	Germany
		The Capital Markets Company Italy Srl	Italy
		Capco Brasil Services E Consultoria Ltda	Brazil
		The Capital Markets Company BV^(1)^	Belgium
		Capco Consulting Middle East FZE^(4)^	UAE
	PT. WT Indonesia		Indonesia
	Rainbow Software LLC		Iraq
	Wipro Arabia Limited^(2)^		Saudi Arabia
		Women’s Business Park Technologies Limited^(2)^	Saudi Arabia
	Wipro Doha LLC		Qatar
	Wipro Financial Outsourcing Services Limited		U.K.
		Wipro UK Limited	U.K.
	Wipro Gulf LLC		Sultanate of Oman
	Wipro Holdings Hungary Korlátolt Felelôsségû Társaság		Hungary
	Wipro Information Technology<br> <br>Netherlands<br>BV.		Netherlands
		Wipro do Brasil Technologia Ltda^(1)^	Brazil
		Wipro Information Technology Kazakhstan LLP	Kazakhstan
		Wipro Outsourcing Services (Ireland) Limited	Ireland
		Wipro Portugal S.A.^(1)^	Portugal
		Wipro Solutions Canada Limited	Canada
		Wipro Technologies Limited	Russia
		Wipro Technologies Peru SAC	Peru
		Wipro Technologies W.T. Sociedad Anonima	Costa Rica
		Wipro Technology Chile SPA	Chile
		Applied Value Technologies B.V. ^(5)^	Netherlands
	Wipro IT Service Ukraine, LLC		Ukraine
	Wipro IT Services Poland SP Z.O.O		Poland
	Wipro IT Services S.R.L.		Romania
	Wipro Regional Headquarter		Saudi Arabia
	Wipro Technologies Australia Pty Ltd		Australia
		Wipro Ampion Holdings Pty Ltd ^(1)^	Australia
	Wipro Technologies SA		Argentina
	Wipro Technologies SA DE CV		Mexico
	Wipro Technologies South Africa (Proprietary) Limited		South Africa
		Wipro Technologies Nigeria Limited	Nigeria
	Wipro Technologies SRL		Romania
	Wipro (Thailand) Co. Limited		Thailand
Wipro Japan KK			Japan
Wipro Networks Pte Limited			Singapore
	Wipro (Dalian) Limited		China
	Wipro Technologies SDN BHD		Malaysia
	Applied Value Technologies Pte Limited^(6)^		Singapore
Wipro Overseas IT Services Private Limited			India

3

Wipro Philippines, Inc.			Philippines
Wipro Shanghai Limited			China
Wipro Trademarks Holding Limited			India
Wipro Travel Services Limited			India
Wipro VLSI Design Services India Private Limited			India
Wipro, LLC			USA
	Wipro Gallagher Solutions, LLC		USA
	Wipro Insurance Solutions, LLC		USA
	Wipro IT Services, LLC		USA
		Aggne Global Inc. ^(3)^	USA
		Cardinal US Holdings, Inc. ^(1)^	USA
		Edgile, LLC	USA
		HealthPlan Services, Inc. ^(1)^	USA
		Infocrossing, LLC	USA
		International TechneGroup Incorporated ^(1)^	USA
		Wipro NextGen Enterprise Inc. ^(1)^	USA
		Rizing Intermediate Holdings, Inc. ^(1)^	USA
		Wipro Appirio, Inc. ^(1)^	USA
		Wipro Designit Services, Inc. ^(1)^	USA
		Wipro Telecom Consulting LLC	USA
		Wipro VLSI Design Services, LLC	USA
		Applied Value Technologies, Inc. ^(7)^	USA
Aggne Global IT Services Private Limited ^(3)^			India
Wipro, Inc. ^(8)^	Wipro Life Science Solutions, LLC ^(9)^		USA<br><br><br>USA

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. All the above direct subsidiaries are 100% held by the Company except as^:^ mentioned in footnote (2) and (3) below.

^(2)^	Wipro IT Services UK Societas holds 66.67% of the equity securities of Wipro Arabia Limited. Wipro Arabia<br>Limited has acquired 45% of the equity securities of Women’s Business Park Technologies Limited on March 24, 2025 in addition to 55% of the equity securities held.
^(3)^	The Company holds 60% of the equity securities of Aggne Global IT Services Private Limited and Wipro IT<br>Services, LLC holds 60% of the equity securities of Aggne Global Inc.
---	---
^(4)^	Capco Consulting Middle East FZE has been incorporated with effect from December 17, 2024 which is 100%<br>held by Grove Holdings 2 S.a.r.l.
---	---
^(5)^	Wipro Information Technology Netherlands BV, has acquired 100% Of the equity securities of Applied Value<br>Technologies B.V.
---	---
^(6)^	Wipro Networks Pte Limited has acquired 100% of the equity securities of Applied Value Technologies Pte Limited<br>
---	---
^(7)^	Wipro IT Services. LLC has acquired 100% of the equity securities of Applied Value Technologies, Inc.<br>
---	---
^(8)^	Wipro, Inc, has been incorporated as a wholly-owned subsidiary-of the<br>Company with the effect from September 30, 2024.
---	---
^(9)^	Wipro Life Science Solutions, LLC has been incorporated as a wholly-owned subsidiary of Wipro, Inc, with effect<br>from October 10, 2024.
---	---
^(1)^	Step Subsidiary details of Cardinal U.S Holdings. Inc., HealthPlan. Services, Inc., International TechneGroup<br>Incorporated, Wipro NextGen Enterprise Inc., Rizing intermediate Holdings, Inc., The Capital Markets Company any BV, Wipro Ampion Holdings Pty Ltd, Wipro Appirio, Inc., Wipro Designit Services, Inc,. Wipro do Brasil Technologia Ltda and Wipro<br>Portugal S.A. are as follows:
---	---
Subsidiaries		Subsidiaries		Subsidiaries		Country ofIncorporation
---	---	---	---	---	---	---
Cardinal US Holdings, Inc.						USA
		Capco Consulting Services LLC				USA
		Capco RISC Consulting LLC				USA
		The Capital Markets Company LLC				USA

4

HealthPlan Services, Inc.			USA
	HealthPlan Services Insurance Agency, LLC		USA
International TechneGroup Incorporated			USA
	International TechneGroup Ltd.		U.K.
	ITI Proficiency Ltd		Israel
	MechWorks S.R.L.		Italy
Wipro NextGen Enterprise Inc.			USA
	LeanSwift AB		Sweden
Rizing Intermediate Holdings, Inc.			USA
	Rizing Lanka (Private) Ltd		Sri Lanka
		Attune Netherlands B.V.^(11)^	Netherlands
	Rizing Solutions Canada Inc.		Canada
	Rizing LLC		USA
		Aasonn Philippines Inc.	Philippines
		Rizing B.V.	Netherlands
		Rizing Consulting Ireland Limited	Ireland
		Rizing Consulting Pty Ltd.	Australia
		Rizing Geospatial LLC	USA
		Rizing GmbH	Germany
		Rizing Limited	U.K.
		Rizing Consulting USA, lnc.^(10)^	USA
		Rizing Pte Ltd. ^(11)^	Singapore
The Capital Markets Company BV			Belgium
	CapAfric Consulting (Pty) Ltd		South Africa
	Capco Belgium BV		Belgium
	Capco Consultancy (Malaysia) Sdn. Bhd		Malaysia
	Capco Consultancy (Thailand) Ltd		Thailand
	Capco Consulting Singapore Pte. Ltd		Singapore
	Capco Greece Single Member P.C		Greece
	Capco Poland sp. z.o.o		Poland
	The Capital Markets Company (UK) Ltd		U.K.
	The Capital Markets Company GmbH		Germany
		Capco Austria GmbH	Austria
	The Capital Markets Company Limited		Hong Kong
	The Capital Markets Company Limited		Canada
	The Capital Markets Company S.á.r.1		Switzerland
		Andrion AG	Switzerland
	The Capital Markets Company S.A.S		France
	The Capital Markets Company s.r.o		Slovakia
Wipro Ampion Holdings Pty Ltd			Australia
	Wipro Revolution IT Pty Ltd		Australia
	Wipro Shelde Australia Pty Ltd		Australia
Wipro Appirio, Inc.			USA
	Wipro Appirio (Ireland) Limited		Ireland
		Wipro Appirio UK Limited	U.K.
	Topcoder, LLC.		USA
Wipro Designit Services, Inc.			USA
	Wipro Designit Services Limited		Ireland
Wipro do Brasil Technologia Ltda			Brazil
	Wipro do Brasil Services Ltda		Brazil
	Wipro Do Brasil Sistemas De<br><br><br>Informatica Ltda		Brazil
Wipro Portugal S.A.			Portugal
	Wipro Technologies GmbH		Germany
		Wipro Business Solutions GmbH^(11)^	Germany
		Wipro IT Services Austria GmbH	Austria
^(10)^	Attune Netherlands B,V transferred its entire shareholding in Rizing Consulting USA. Inc. to Rizing LLC.<br>effective March 31, 2025.
---	---

5

^(11)^	Step Subsidiary details of Attune Netherlands BV., Rizing Pte Ltd,, Wipro Business Solutions GmbH are as<br>follows;
Subsidiaries	Subsidiaries	Subsidiaries	Country ofIncorporation
---	---	---	---
Attune Netherlands B ,V.	Rizing Germany GmbH<br> <br>Attune Italia<br>S.R.L<br> <br>Attune UK Ltd.		Netherlands Germany<br><br><br>Italy<br> <br>U.K.
Rizing Pte Ltd.	Rizing New Zealand Ltd.<br> <br>Rizing<br>Philippines Inc.<br> <br>Rizing SDN BHD<br> <br>Rizing Solutions Pty<br>Ltd		Singapore<br><br><br>New Zealand<br> <br>Philippines<br><br><br>Malaysia<br> <br>Australia
Wipro Business Solutions GmbH	Wipro Technology Solutions S.R.L		Germany<br><br><br>Romania

As at March’ 31,2025, the Company held 43.7% interest in Drivestream inc. and 27% interest in SDVerseLLC. accounted for using the equity method.

The list of controlled trusts are;

Name of the entity		Country of incorporation
Wipro Equity Re ward Trust		India
Wipro Foundation		India
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 of IT services offerings to Customers organized by four Strategic Market Units (“SMUs”) - Americas 1, 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: communications, media and information services, software and gaming, new age technology; consumer goods, medical devices and life sciences, healthcare, and technology products and Services. 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, Switzerland, Germany. Northern Europe and Southern Europe, APMEA consists of Australia and New Zealand, India, Middle East, South East Asia. Japan and Africa.

Revenue from each customer is attributed to the respective SMUs 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, hut 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 IFRS8,“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 disclosures relating to total assets and liabilities since a meaningful segregation of the available data is onerous.

6

Information on reportable segments for the three months ended March 31, 2025, December 31, 2024, March 31, 2024, and year ended March 31, 2025 and March 31, 2024 are as follows;

		Three months ended									Year ended
Particulars		March 31,<br>2025			December 31,<br>2024			March 31,<br>2024			March 31,<br>2025			March 31,<br>2024
		Audited			Audited			Audited			Audited			Audited
Segment revenue
IT Services
Americas 1			73,721			72,010			67,229			281,824			268,230
Americas 2			68,582			68,120			67,724			271,972			269,482
Europe			58,552			59,282			61,344			240,077			253,927
APMEA			23,598			23,439			24,499			94,351			102,177
Total of IT Services		****	224,453	****	****	222,851	****	****	220,796	****	****	888,224	****	****	893,816	****
IT Products			813			747			1,159			2,692			4,127
Total segment revenue		****	225,266	****	****	223,598	****	****	221,955	****	****	890,916	****	****	897,943	****
Segment result
IT Services
Americas 1			16,195			14,966			14,081			58,186			59,364
Americas 2			15,513			15,275			15,791			61,326			59,163
Europe			8,140			7,600			7,933			29,434			33,354
APMEA			3,672			3,667			3,401			12,850			12,619
Unallocated			(4,250	)		(2,518	)		(5,011	)		(16,157	)		(20,304	)
Total of IT Services		****	39,270	****	****	38,990	****	****	36,195	****	****	151,639	****	****	144,196	****
IT Products			28			29			143			(173	)		(371	)
Reconciling Items			(211	)		(53	)		(965	)		(195	)		(7,726	)
Total segment result		****	39,087	****	****	38,966	****	****	35,373	****	****	151,271	****	****	136,099	****
Finance expenses			(3,767	)		(4,146	)		(3,308	)		(14,770	)		(12,552	)
Finance and other income			11,819			9,708			6,759			38,202			23,896
Share of net profit/ (loss) of associate and joint venture accounted for using the equity<br>method			291			5			(202	)		254			(233	)
Profit before tax		****	47,430	****	****	44,533	****	****	38,622	****	****	174,957	****	****	147,210	****

Notes:

a)	“Reconciling Items” includes elimination of inter-segment transactions and other corporate<br>activities.
b)	Revenue from sale of Company owned intellectual properties is reported as part of IT Services revenues.<br>
---	---
c)	For the purpose of segment reporting, the Company has included the net impact of foreign exchange<br>gains/losses), net in revenues amounting to ₹ 224, ₹ 410, and ₹ (128) for the three months ended March 31, 2025, December 31, 2024 and March 31, 2024 respectively, ₹ 32 and 340 for the year ended March 31, 2025 and March 31, 2024, respectively. Which is reported under foreign exchange gains/(losses), net in the consolidated financial results.<br>
---	---
d)	Restructuring cost of Nil and<br>₹ 6,814 for the three months and year ended March 31, 2024, respectively, is included under Reconciling Items.
---	---
e)	Reconciling Items for the three months and year ended March 31, 2024 includes employee costs of ₹ 921 towards outgoing CEO and Managing Director.
---	---
f)	“Unallocated” within IT Services segment results is after recognition of the below:<br>
---	---
		Three months ended									Year ended
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		March 31,<br>2025			December 30,<br>2024			March 31,<br>2024			March 31,<br>2025			March 31,<br>2024
Amortization and impairment expenses on Intangible assets			1,631			1,577			2,569			7,909			11,756
Change in fair value of contingent consideration			(2	)		—			(792	)		(169	)		(1,300	)

Segment results of IT Services segment for the three months and year ended March 31, 2024 are after considering additional unionization due to change in estimate of useful life of the customer-related intangibles in an earlier Business combination.

g)	Segment results of IT Services segment are after recognition of<br>share-based compensation expense ₹ 1,195,₹<br>1,712 and^:^ ₹ 1,293 for the three months ended March 31, 2025, December 31, 2024 and March 31, 2024,<br>respectively and ₹ 5,542 and ₹ 5,590 for the year ended March 31, 2025 arid<br>March 31, 2024 respectively,
h)	Segment results of IT Services segment are after recognition of (gain)/loss on sale of property, plant and<br>equipment of ₹ 160, ₹ 77 and ₹ 102 for the three months ended March 31, 2025, December 31, 2024 and March 31, 2024. respectively, and ₹<br>(606) and ₹ (2,072) for the year ended March 31, 2025 and March 31, 2024 respectively.
---	---

7

7.	During the year ended March 31, 2025 and 2024, decline in revenue and earnings estimates led to revision<br>of recoverable value of customer-relationship intangible assets and marketing related intangible assets recognized on business combinations. Consequently, the Company has recognized impairment charge of ₹ Nil, ₹ Nil and ₹ 808 for the three<br>months ended March 31, 2025, December 31, 2024 and March 31, 2024, ₹ 1,15 5 and<br>₹ 1,7 01 for the year ended March 31, 2025 and 2024, as part of amortization and impairment.
8.	Buyback of equity shares
---	---

During the year ended March 31, 2024, the Company concluded the buyback of 269,662,921 equity shares (at a price of ₹ 445 per equity share) as approved by the Board of Directors on April 27, 2023. This has resulted in a total cash outflow of ₹ 145,173 (including tax on buyback of ₹ 24,783 arid transaction costs related to buy back of ₹ 390). In line with the requirement of the Companies Act, 2013, an amount of ₹ 3,768 and ₹ 141,405 has been utilized from share premium and retained earnings respectively. Further, capital redemption reserve (included in other reserves) of ₹ 539 (representing the nominal value of the shares bought back) has been created as an apportionment from retained earnings, Consequent to such buyback, the paid-up equity share-capital has reduced by ₹ 539.

Earnings per share for each of the three months ended June 30.2023, September 30, 2023, December 31, 2023 and March 31, 2024 will not-add up to earnings per share for the year ended March 31, 2024, on account of buyback of equity shares.

9.	Issue of bonus shares

During the year ended March 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 oh 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 1:1 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 reserves, share premium and retained earnings to the share capital.

Earnings per share for all prior periods have been proportionately adjusted for the bonus issue in the ratio of 1:1 i.e. I (one) bonus equity share of ₹ 2 each for every 1 (one) fully paid-up equity shares held (including ADS holders).

10.	Consolidated Balance Sheet:
		As at March 31, 2024				As at March 31, 2025
---	---	---	---	---	---	---	---	---
ASSETS
Goodwill			316,002				325,014
Intangible assets			32,748				27,450
Property, plant and equipment			81,608				80,684
Right-of-Use<br>assets			17,955				25,598
Financial assets
Derivative assets			25				^
Investments			21,629				26,458
Trade receivables			4,045				299
Other financial assets			5,550				4,664
Investments accounted for using the equity method			1,044				1,327
Deterred tax assets			1,817				2,561
Non-current tax assets			9,043				7,230
Other non-current assets			10,331				7,460
Total non-current Assets		****	501,797	****		****	508,745	****
Inventories			907				694
Financial assets
Derivative assets			1,333				1,820
Investments			311,171				411,474
Cash and cash equivalents			96,953				121,974
Trade receivables			115,477				117,745
Unbilled receivables			58,345				64,280
Other financial assets			10,536				8,448
Contract assets			19,854				15,795
Current tax assets			6,484				6,417
Other current assets			29,602				29,128
Total current assets		****	650,662	****		****	777,775	****
TOTAL ASSETS		****	1,152,459	****		****	1,286,520	****

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EQUITY
Share capital			10,450				20,944
Share premium			3,291				2,628
Retained earnings			630,936				716,477
Share-based payment reserve			6,384				6,985
Special Economic Zone Re-investment reserve			42,129				27,778
Other components of equity			56,693				53,497
Equity attributable to the equity holders of the Company		****	749,883	****		****	828,309	****
Non-controlling interests			1,340				2,138
TOTAL EQUITY		****	751,223	****		****	830,447	****
LIABILITIES
Financial liabilities
Loans arid borrowings			62,300				63,954
Lease liabilities			13,962				22,193
Derivative liabilities			4				—
Other financial liabilities			4,985				7,793
Deferred tax liabilities			17,467				16,443
Non-current tax liabilities			37,090				42,024
Other non-current liabilities			12,970				17,119
Provisions			—				294
Total non-current liabilities		****	148,778	****		****	169,820	****
Financial liabilities
Loans, borrowings and bank overdrafts			79,166				97,863
Lease liabilities			9,221				8,025
Derivative liabilities			558				968
Trade payables and accrued expenses			88,566				88,252
Other financial liabilities			2,272				3,878
Contract liabilities			17,653				20,063
Current tax liabilities			21,756				34,481
Other current liabilities			31,295				31,086
Provisions			1,971				1,637
Total current liabilities		****	252,458	****		****	286,253	****
TOTAL LIABILITIES		****	401,236	****		****	456,073	****
TOTAL EQUITY AND LIABILITIES		****	1,152,459	****		****	1,286,520	****
^A^	Value is less than 0.5
---	---
11.	Consolidated statement of cash flows:
---	---
		Year ended March 31,
---	---	---	---	---	---	---	---	---
		2024				2025
Cash flows from operating activities
Profit for the year			111,121				132,180
Adjustments to reconcile profit for the year to net cash generated from operatingactivities:
Gain on sale of property, plant and equipment, net			(2,072	)			(606	)
Depreciation, amortization and impairment expense			34,071				29,579
Unrealized exchange (gain )/loss, net			655				(623	)
Share-based compensation expense			5,584				5,551
Share of net (profit)/loss of associate and joint venture accounted for using equity<br>method			233				(254	)
Income tax expense			36,089				42,777
Finance and other income, net of finance expenses			(11,344	)			(23,432	)
Change in fair value of contingent consideration.			(1,300	)			(169	)
Lifetime expected credit loss^:^			640				324
Other non-cash items			488				—
Changes in operating assets and liabilities, net of effects from acquisitions
(Increase)/Decrease in trade receivables			7,824				1,894
(Increase))/Decrease in unbilled receivables and contract assets			5,919				(1,331	)
(Increase)/Decrease in Inventories			287				213
(Increase)/(Decrease in other financial assets and other assets			8,869				6,609
increase/(Decrease) in trade payables, accrued expenses, other financial liabilities, other<br>liabilities and provisions			(435	)			548
Increase/(Decrease) in contract liabilities			(5,053	)			2,341
Cash generated from operating activities before taxes		****	191,576	****		****	195,601	****

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Income taxes paid, net			(15,360	)			(26,175	)
Net cash generated from operating activities		****	176,216	****		****	169,426	****
Cash flows from investing activities:
Payment for purchase of property, plant and equipment			(10,510	)			(14,737	)
Proceeds from disposal of property, plant and equipment			4,022				1,822
Payment for purchase of investments			(975,069	)			(801,582	)
Proceeds from sale of investments			978,598				706,520
Payment for business acquisitions including deposits and escrow, net of cash acquired			(5,291	)			(964	)
Payment for investment in joint venture			(484	)			—
Repayment of security’ deposit for property, plant and equipment			300				(300	)
Interest received			20,111				26,212
Dividend received			3				2,299
Net cash generated from/(used in) investing activities		****	11,680	****		****	(80,730	)
Cash flows from financing activities:
Proceeds from issuance of equity shares and shares pending allotment			13				27
Repayment of loans and borrowings			(130,557	)			(177,672	)
Proceeds from loans and borrowings			120,500				195,595
Payment of lease liabilities			(10,060	)			(10,474	)
Payment for contingent consideration			(1,294	)			—
Interest and finance expenses paid			(10,456	)			(8,689	)
Payment of dividend			(5,218	)			(62,750	)
Payment of dividend to Non-controlling interest<br>holders			(322	)			—
Payment for buyback of equity shares, including tax and transaction cost			(145,173	)			—
Net cash used in financing activities		****	(182,567	)		****	(63,963	)
Net increase/(decrease) in cash and cash equivalents during the year			5,329				24,733
Effect of exchange rate changes on cash and cash equivalents			(239	)			290
Cash and cash equivalents at the beginning of the year			91,861				96,951
Cash and cash equivalents at the end of the year		****	96,951	****		****	121,974	****
By order of the Board,		for, Wipro Limited
---	---	---
Place: Bengaluru<br> <br>Date: April 16, 2025		Rishad A. Premji<br> <br>Chairman

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