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WIT 6-K

Wipro Ltd (WIT)

6-K 2026-01-21 For: 2026-01-21
View Original
Added on July 08, 2026

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 January 2026

Commission File Number 001-16139

Wipro Limited

(Exact name of Registrant as specified in its charter)

Not Applicable

(Translation of Registrant’s name into English)

Karnataka, India

(Jurisdiction of incorporation or organization)

Doddakannelli

Sarjapur Road

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

(Address of principal executive offices)

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.

DISCLOSURE OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION

Wipro Limited, a company organized under the laws of the Republic of India (the “Company”), hereby furnishes the Commission with the following information concerning its public disclosures regarding its results of operations for the quarter ended December 31, 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 January 16, 2026, the Company announced its results of operations for the quarter ended December 31, 2025. The Company issued a press release announcing its results under International Financial Reporting Standards (“IFRS”), a copy of which is attached to this Form 6-K as Item 99.1.

The Company placed advertisements in certain Indian newspapers concerning its results of operations for the quarter ended December 31, 2025, under IFRS. A copy of the form of this advertisement is attached to this Form 6-K as Item 99.2.

The Company made available on its website the Condensed Consolidated Interim Financial Statements for the quarter ended December 31, 2025, under IFRS. A copy of such financial statements is attached to this Form 6-K as Item 99.3.

The Company filed with stock exchanges in India a statement of statutorily audited consolidated financial results for the quarter ended December 31, 2025, under IFRS. A copy of such financial statements is attached to this Form 6-K as Item 99.4.

The Company filed with stock exchanges in India a data sheet containing operating metrics for the quarter ended December 31, 2025. A copy of such data sheet is attached to this Form 6-K as Item 99.5.

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/ Aparna Chandrashekar Iyer
Aparna Chandrashekar Iyer
Chief Financial Officer
Dated: January 21, 2026

INDEX TO EXHIBITS

Item
99.1 IFRS Press Release
99.2 Form of Advertisement Placed in Indian Newspapers
99.3 Consolidated Interim Financial Statements under IFRS
99.4 Statutorily Audited Consolidated Financial Results filed with stock exchanges in India
99.5 Data sheet containing operating metrics filed with stock exchanges in India

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

LOGO

Wipro announces results for the Quarter ended December 31, 2025

IT service segment revenue grows 1.4% QoQ CC and 1.2% in reported terms

Operating margin at 17.6%; Expands 0.9% sequentially and 0.1% YoY

Overall deal bookings at $3.3Bn; Large deal booking at $0.9Bn

Operating cash flows at 135.4% of net income

EAST BRUNSWICK, N.J. | BANGALORE, India – January 16, 2026: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter ended December 31, 2025.

Highlights of the Results

Results for the Quarter ended December 31, 2025:

1. Gross revenue at<br>₹235.6 billion ($2,622.0 million^1^), increase of 3.8% QoQ and 5.5% YoY.
2. IT services segment revenue was at $2,635.4 million, increase of 1.2% QoQ and 0.2% YoY.
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3. Non-GAAP^2^ constant<br>currency IT Services segment revenue increased 1.4% QoQ and decreased 1.2% YoY.
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4. Total bookings^3^ was at $3,335 million, down 5.7% YoY<br>in constant currency^2^. Large deal bookings^4^ was at $871 million, decrease of 8.4% YoY in constant currency^2^.
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5. IT services operating margin^5^ for Q3’26 was 17.6%,<br>expansion of 0.9% QoQ and 0.1% on YoY basis.
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6. Net income for the quarter was at<br>₹31.2 billion ($347.2 million^1^), decrease of 3.9% QoQ and 7.0% YoY.
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7. Earnings per share for the quarter at<br>₹2.98 ($0.03^1^), decrease of 3.9% QoQ and 7.2% YoY.
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8. Adjusted for impact of labour code changes^6^, Net Income<br>for the quarter was ₹33.6 billion ($374.3 million^1^), increase of 3.6% QoQ and 0.3% YoY and EPS for the<br>quarter was ₹3.21 ($0.04^1^), increase of 3.5 % QoQ and flat YoY.
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9. Operating cash flows of<br>₹42.6 billion ($474.1 million^1^), increase of 25.7% QoQ and decrease of 13.6% YoY and at 135.4% of Net Income<br>for the quarter.
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10. Voluntary attrition was at 14.2% on a trailing 12-month basis.
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Outlook for the Quarter ending March 31, 2026

We expect revenue from our IT Services business segment to be in the range of $2,635 million to $2,688 million*. This translates to sequential guidance of 0% to 2.0% in constant currency terms.

* Outlook for the Quarter ending March 31, 2026, is based on the following exchange rates: GBP/USD at<br>1.33, Euro/USD at 1.17, AUD/USD at 0.65, USD/INR at 88.85 and CAD/USD at 0.72

1

Performance for the Quarter ended December 31, 2025

Srini Pallia, CEO and Managing Director, said “In Q3, we delivered broad -based growth in line with our expectations. As AI becomes a strategic imperative, Wipro Intelligence is emerging as a differentiator and contributed to several wins this quarter. We saw greater adoption of our AI -enabled platforms and solutions, scaled AI -led delivery through WINGS and WEGA, and expanded our innovation network across global locations.”

Aparna Iyer, Chief Financial Officer, said “Our IT services operating margins at 17.6% expanded both sequentially and on a year-on-year basis. This is our best margin performance in last few years. Our continued focus on execution rigour also reflects in our strong operating cash flow of 135% of net income in Q3. We are also pleased to share that the Board has declared an interim dividend of ₹ 6 per share which will take the total payout for the year to $1.3 Bn.”

1. For the convenience of the readers, the amounts in Indian Rupees in this release have been translated into<br>United States Dollars at the certified foreign exchange rate of US$1 = ₹ 89.84, as published by the Federal Reserve Board of Governors on<br>December 31, 2025. However, the realized exchange rate in our IT Services business segment for the quarter ended December 31, 2025, was US$1=₹ 88.71
2. Constant currency for a period is the product of volumes in that period times the average actual exchange<br>rate of the corresponding comparative period.
:--- :---
3. Total Bookings refers to the total contract value of all orders that were booked during the period including<br>new orders, renewals, and increases to existing contracts. Bookings do not reflect subsequent terminations or reductions related to bookings originally recorded in prior fiscal periods. Bookings are recorded using then-existing foreign currency<br>exchange rates and are not subsequently adjusted for foreign currency exchange rate fluctuations. The revenues from these contracts accrue over the tenure of the contract. For constant currency growth rates, refer note 2.
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4. Large deal bookings consist of deals greater than or equal to $30 million in total contract value.
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5. IT Services Operating Margin refers to Segment Results Total as reflected in IFRS financials.
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6. Adjusted for impact of past service cost on gratuity due to implementation of new labour code amounting to₹ 3,028Mn for the three and nine months ended December 31, 2025, is included in the table title “Reconciliation for Adjusted Net Income and<br>Adjusted EPS” on page 12.
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2

Highlights of Strategic Deal Wins

In Q3’26, Wipro continued to win large and strategic deals across industries. Key highlights include:

1. A global technology leader has renewed its decade-long relationship with Wipro to advance trust and safety<br>operations across its platforms. With thousands of specialists deployed worldwide, Wipro will continue to refine and train AI and machine learning models to align with the client’s content policies. This large deal win reinforces Wipro’s<br>ability to deliver scalable, high-impact services that enhance user safety, strengthen platform integrity, and deliver responsible digital experiences for the client.
2. Wipro has renewed and expanded its decade-long strategic partnership with a<br>US-based national health insurance organization. Through the multi-year engagement, Wipro will continue to provide comprehensive member enrollment and management services, ensuring that senior citizens and<br>children can seamlessly enroll and access healthcare benefits. Wipro leverages its proprietary PayerAI solution, part of Wipro Intelligence^TM^, to offer a scalable,<br>AI-infused SaaS platform that features intelligent automation, agentic AI capabilities, and highly configurable workflows. This engagement will significantly boost productivity, enhance operational agility,<br>and unlock cost efficiencies for the client.
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3. A prominent North American household furnishings manufacturer has selected Wipro to modernize its technology<br>landscape and accelerate innovation across its enterprise applications. This multi-year engagement focuses on driving automation and embedding AI at scale. The Wipro team will leverage AI accelerators to deliver predictive insights, automate<br>workflows, and enhance user experience. Additionally, Wipro will help set up a Center of Excellence to fast-track AI adoption and unlock new business value. These initiatives will also enable the client to modernize legacy systems and improve<br>business agility to drive operational excellence and support future growth.
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4. A leading UK-based facilities management company has extended its<br>long-standing relationship with Wipro and signed a multi-year agreement to accelerate enterprise-wide transformation. The engagement will deploy Wipro Intelligence^™^, Wipro’s unified<br>suite of AI-powered platforms, solutions, and transformative offerings, to drive automation, predictive analytics, and conversational AI to modernise core functions, improving speed, accuracy, and resilience.<br>Automated patching and intelligent monitoring will strengthen infrastructure reliability, while workflow and change management programs will reduce manual effort and enhance client experience. These initiatives are expected to deliver significant<br>cost savings, boost operational efficiency, and strengthen client’s position as a technology-led facility transformation in the industry.
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5. One of the world’s largest food and beverage goods companies, headquartered in Europe, has selected Wipro<br>to accelerate the transformation of its global Digital Workplace and enterprise support ecosystem. Wipro secured a significant multi-year engagement to modernize and support the organisation’s global workforce systems and enhance employee<br>productivity. This initiative, one of the client’s most expansive workplace transformation programs, will leverage Wipro Intelligence^™^–a unified suite of AI-powered platforms, solutions and transformative offerings–as well as real time voice translation capabilities to elevate the employee experience at scale.
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3

6. A major European insurance provider has engaged Wipro in a multi-year strategic program to reimagine its<br>infrastructure landscape and accelerate its hybrid cloud journey. Wipro will deliver a comprehensive suite of services across data center, networking, security, databases, and storage, while enabling a seamless transition to a future-ready hybrid<br>cloud model. Leveraging AI for observability, automation, and standardisation, this solution will enhance agility, resilience, and operational efficiency. This initiative will strengthen regional presence and ensure cultural alignment to deliver<br>faster response times, improved service reliability, and reduced operational risk, enabling the client to accelerate innovation and improve customer experience.
7. One of India’s top banking and financial services institutions has selected Wipro for a multi-year<br>engagement to accelerate its digital transformation and strengthen its technology foundation. Wipro will modernize core IT operations, manage critical banking systems, and deliver a secure, cloud-enabled infrastructure to enhance operational<br>resilience and customer experience. The solution leverages Wipro Intelligence^™^ to enable automation, robust cybersecurity, and streamlined enterprise application operations, ensuring<br>uninterrupted services and scalability. Wipro will also orchestrate advanced solutions for payments, capital markets, retail and wholesale banking, and risk and compliance, alongside developing an automated system for key processes. This<br>transformation will drive measurable improvements in efficiency, security, and agility, enabling the client to innovate at scale and deliver seamless experiences in an increasingly digital-first environment.
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8. A leading Southeast Asian airline has renewed its longstanding strategic engagement with Wipro to elevate<br>customer interaction capabilities across multiple touchpoints. Leveraging deep industry expertise and Wipro Intelligence^TM^, the team will support a wide spectrum of customer journeys including<br>member account services, loyalty programs, reservations, ticketing and redemption, disruption management, and digital channel support for the airline’s website and mobile app. This engagement will deliver faster resolutions, improved service<br>consistency, and superior governance compliance through real-time decision-making, optimised staffing, and enhanced transparency. The renewed collaboration reinforces Wipro’s position as a trusted strategic partner, driving intelligent,<br>scalable, and experience-led customer servicing.
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9. In a strategic AI-led engagement, Wipro was selected by a leading<br>global communications technology company to transform its finance and accounting operations using advanced agentic AI. The solution supported by Wipro’s WEGA orchestration for enterprise-grade governance will introduce smart automation agents<br>to handle tasks like invoice processing, reconciliations, and reporting across multiple systems. These AI agents will interpret documents, apply financial logic such as accounting rules, validations, and matching criteria, and execute workflow<br>actions with audit-ready transparency. The engagement will accelerate financial processes, improve accuracy, strengthen compliance, and create a scalable foundation for rapid growth and new capabilities.
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10. A global telecommunications technology company has selected Wipro to deliver an<br>AI-infused transformation by accelerating its Software Development Lifecycle. Leveraging AI-powered automation agents built on the WEGA platform, the solution simplifies<br>code analysis, reviews, validations, and routine tasks, driving greater speed, accuracy, and governance. Supported by Wipro’s enterprise-grade Agentic AI framework, these intelligent agents will streamline workflows, enforce enterprise<br>standards, and accelerate delivery cycles. This transformation enhances code quality and compliance while also establishing a scalable architecture enabling rapid onboarding of additional AI agents and seamless expansion.
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4

11. Wipro has been chosen by a U.S.-based health insurer to modernize and manage operations across its Commercial,<br>Medicare, and Medicaid businesses. Leveraging its proprietary PayerAI solution, part of Wipro Intelligence^TM^, Wipro will deploy automation and AI-infused<br>capabilities across the client’s claims processing, member and provider enrolment, data management, and configuration of core health systems. The AI-driven Provider Roster Management System and Claims<br>Inventory Management System will streamline complex provider data processes and improve accuracy. Through this engagement, Wipro will deliver measurable improvements in operational efficiency, scalability, and cost optimization, while ensuring<br>compliance and better service delivery.
12. Wipro has renewed its multi-year engagement with a leading US-based<br>regional healthcare organization to enhance the client’s operational excellence and compliance. Through its proprietary PayerAI solution, part of Wipro Intelligence^TM^, Wipro has implemented<br>a scalable AI-infused SaaS platform that automates reconciliation of state beneficiary enrollment and payment data with health plan membership and expected payments. This solution ensures accurate payment<br>alignment, strengthens revenue integrity, supports regulatory compliance, and reduces administrative burden, enabling the client to achieve efficiency at scale.
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Analyst Recognition

1. Wipro was rated as a Leader in Avasant’s Generative AI Services 2025 RadarView^™^
2. Wipro was positioned as a Leader in IDC MarketScape: Worldwide Manufacturing Intelligence Transformation<br>Strategic Consulting 2025 Vendor Assessment (Doc # US52988325 Nov 2025)
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3. Wipro was rated as a Leader in ISG Provider Lens^™^ -<br>AWS Ecosystem Partners 2025 - US & UK (all quadrants)
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4. Wipro was positioned as a Leader in Everest Group’s Talent Readiness for Next Generation Data, Analytics,<br>and AI Services PEAK Matrix^®^ Assessment 2025
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5. Wipro was ranked as a Leader in Avasant’s SAP S/4HANA Services 2025–2026 RadarView^™^
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6. Wipro was positioned as a Horizon 3 – Market Leader in the HFS Horizons: Life Sciences Service Providers,<br>2025 report
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7. Wipro was positioned as a Leader in Everest Group’s ServiceNow Services PEAK Matrix^®^ Assessment 2025
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8. Wipro was positioned as a Leader in the 2025 Gartner^®^<br>Magic Quadrant^™^ for Service Integration and Management Services
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9. Wipro was recognized as a Leader in the 2025 Gartner^®^<br>Magic Quadrant^™^ for Data Center Outsourcing Services
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10. Wipro was recognized as a Leader in Avasant’s Telecom Digital Services 2025 RadarView^™^
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11. Wipro was recognized as a Leader in Everest Group’s Banking Operations – Services PEAK Matrix^®^ Assessment 2025
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12. Wipro was named as a Leader in the 2025 Gartner^®^ Magic<br>Quadrant^™^ for Outsourced Digital Workplace Services
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Source & Disclaimer: *Gartner, “Magic Quadrant for Service Integration and Management Services”, Andrea Lanzavecchia, et al, 29 October 2025. *Gartner, “Magic Quadrant for Data Center Outsourcing Services”, Biswajit Maity, et al, 3 November 2025. *Gartner, “Magic Quadrant for Outsourced Digital Workplace Services”, Karl Rosander, et al, 10 November 2025.

GARTNER and MAGIC QUADRANT are trademarks of Gartner, Inc. and its affiliates. Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner’s research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

The Gartner content described herein (the “Gartner Content”) represents research opinion or viewpoints published, as part of a syndicated subscription service, by Gartner, Inc. (“Gartner”), and is not a representation of fact. Gartner Content speaks as of its original publication date (and not as of the date of this press release, and the opinions expressed in the Gartner Content are subject to change without notice.

5

IT Products

1. IT Products segment revenue for the quarter was<br>₹ 2.6 billion ($28.6 million^1^)
2. IT Products segment results for the quarter were<br>₹ 0.23 billion ($2.5 million^1^)
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Please refer to the table on page 12 for reconciliation between IFRS IT Services Revenue and IT Services Revenue on a non-GAAP constant currency basis.

About Key Metrics and Non-GAAP Financial Measures

This press release contains key metrics and non-GAAP financial measures within the meaning of Regulation G and Item 10(e) of Regulation S-K. Such non-GAAP financial measures are measures of our historical or future performance, financial position or cash flows that are adjusted to exclude or include amounts that are excluded or included, as the case may be, from the most directly comparable financial measure calculated and presented in accordance with IFRS.

The table on page 12 provides IT Services Revenue on a constant currency basis, which is a non-GAAP financial measure that is calculated by translating IT Services Revenue from the current reporting period into U.S. dollars based on the currency conversion rate in effect for the prior reporting period. We refer to growth rates in constant currency so that business results may be viewed without the impact of fluctuations in foreign currency exchange rates, thereby facilitating period-to-period comparisons of our business performance. Further, in the normal course of business, we may divest a portion of our business which may not be strategic. We refer to the growth rates in both reported and constant currency adjusting for such divestments in order to represent the comparable growth rates.

Our key metrics and non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles and should not be considered a substitute for, or superior to, the most directly comparable financial measure calculated in accordance with IFRS and may be different from non-GAAP measures used by other companies. Our key metrics and non-GAAP financial measures are not comparable to, nor should be substituted for, an analysis of our revenue over time and involve estimates and judgments. In addition to our non-GAAP measures, the financial statements prepared in accordance with IFRS and the reconciliation of these non-GAAP financial measures with the most directly comparable IFRS financial measure should be carefully evaluated.

Results for the Quarter ended December 31, 2025, prepared under IFRS, along with individual business segment reports, are available in the Investors section of our website www.wipro.com/investors/

Quarterly Conference Call

We will hold an earnings conference call today at 07:00 p.m. Indian Standard Time (8:30 a.m. U.S. Eastern Time) to discuss our performance for the quarter. The audio from the conference call will be available online through a webcast and can be accessed at the following link- https://links.ccwebcast.com/?EventId=WIP160125

An audio recording of the management discussions and the question-and-answer session will be available online and will be accessible in the Investor Relations section of our website at www.wipro.com

6

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading AI-powered technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our consulting-led approach and the Wipro Intelligence^™^ unified suite of AI-powered platforms, solutions and transformative offerings, we help clients realize their boldest ambitions to build intelligent and sustainable businesses. The Wipro Innovation Network – part of the Wipro Intelligence^™^ suite – underpins our commitment to client-centric co-innovation and co-creation by bringing together capabilities from the innovation labs and partner labs, academia, and global tech communities. With over 230,000 employees and business partners across 65 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at www.wipro.com.

Contact for Investor Relations Contact for Media & Press
Abhishek Jain Dinesh Joshi
Phone: +91-80-6142 6143 Phone: +91 92052-64001
[email protected] [email protected]

Forward-Looking Statements

The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, the benefits its customers experience and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry.

Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

(Tables to follow)

7

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

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

As at March 31, 2025 As at December 31, 2025
Convenience translation into U.S. Dollar inmillions (unaudited) at the rate of 89.84
ASSETS
Goodwill 325,014 367,635 4,092
Intangible assets 27,450 29,494 328
Property, plant and equipment 80,684 80,540 896
Right-of-Use<br>assets 25,598 29,247 326
Financial assets
Derivative assets ^ — —
Investments 26,458 27,933 311
Trade receivables 299 645 7
Other financial assets 4,664 6,029 67
Investments accounted for using the equity method 1,327 1,991 22
Deferred tax assets 2,561 4,452 50
Contract assets — 1,673 19
Non-current tax assets 7,230 7,807 87
Other non-current assets 7,460 8,543 95
Total non-current assets 508,745 565,989 6,300
Inventories 694 755 8
Financial assets
Derivative assets 1,820 148 2
Investments 411,474 455,035 5,065
Cash and cash equivalents 121,974 118,914 1,324
Trade receivables 117,745 135,815 1,511
Unbilled receivables 64,280 70,917 789
Other financial assets 8,448 9,511 106
Contract assets 15,795 12,663 141
Current tax assets 6,417 11,215 125
Other current assets 29,128 30,897 344
Total current assets 777,775 845,870 9,415
TOTAL ASSETS 1,286,520 1,411,859 15,715
EQUITY
Share capital 20,944 20,974 233
Share premium 2,628 5,827 65
Retained earnings 716,477 760,420 8,464
Share-based payment reserve 6,985 6,851 76
Special Economic Zone Re-investment reserve 27,778 28,437 317
Other components of equity 53,497 74,271 827
Equity attributable to the equity holders of the Company 828,309 896,780 9,982
Non-controlling interests 2,138 2,174 24
TOTAL EQUITY 830,447 898,954 10,006
LIABILITIES
Financial liabilities
Loans and borrowings 63,954 1,860 21
Lease liabilities 22,193 26,434 294
Derivative liabilities — 520 6
Other financial liabilities 7,793 7,222 80
Deferred tax liabilities 16,443 17,851 199
Non-current tax liabilities 42,024 45,284 504
Other non-current liabilities 17,119 26,367 294
Provisions 294 158 2
Total non-current liabilities 169,820 125,696 1,400
Financial liabilities
Loans, borrowings and bank overdrafts 97,863 161,201 1,794
Lease liabilities 8,025 8,551 95
Derivative liabilities 968 4,725 53
Trade payables and accrued expenses 88,252 98,942 1,100
Other financial liabilities 3,878 5,684 63
Contract liabilities 20,063 25,912 289
Current tax liabilities 34,481 45,925 511
Other current liabilities 31,086 34,394 383
Provisions 1,637 1,875 21
Total current liabilities 286,253 387,209 4,309
TOTAL LIABILITIES 456,073 512,905 5,709
TOTAL EQUITY AND LIABILITIES 1,286,520 1,411,859 15,715

All values are in Indian Rupees.

^ Value is less than 0.5

8

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF INCOME

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

Three months ended December 31, Nine months ended December 31,
2024 2025 2025 2024 2025 2025
Conveniencetranslation intoU.S. Dollar inmillions(unaudited) at therate of 89.84 Conveniencetranslation intoU.S. Dollar inmillions(unaudited) at therate of 89.84
Revenues 223,188 235,558 2,622 665,842 683,877 7,612
Cost of revenues (153,922 ) (167,199 ) (1,861 ) (462,277 ) (484,278 ) (5,390 )
Gross profit 69,266 68,359 761 203,565 199,599 2,222
Selling and marketing expenses (16,081 ) (15,008 ) (167 ) (49,313 ) (45,213 ) (503 )
General and administrative expenses (14,629 ) (18,404 ) (205 ) (41,876 ) (46,626 ) (519 )
Foreign exchange gains/(losses), net 410 788 9 (192 ) 1,528 17
Results from operating activities 38,966 35,735 398 112,184 109,288 1,217
Finance expenses (4,146 ) (3,656 ) (41 ) (11,003 ) (10,876 ) (121 )
Finance and other income 9,708 9,232 103 26,383 28,104 313
Share of net profit/ (loss) of associate and joint venture accounted for using the equity<br>method 5 28 — (37 ) 230 2
Profit before tax 44,533 41,339 460 127,527 126,746 1,411
Income tax expense (10,866 ) (9,889 ) (110 ) (31,228 ) (29,307 ) (326 )
Profit for the period 33,667 31,450 350 96,299 97,439 1,085
Profit attributable to:
Equity holders of the Company 33,538 31,190 347 95,658 96,956 1,080
Non-controlling interests 129 260 3 641 483 5
Profit for the period 33,667 31,450 350 96,299 97,439 1,085
Earnings per equity share:<br>Attributable to equity holders of the Company
Basic 3.21 2.98 0.03 9.15 9.26 0.10
Diluted 3.20 2.97 0.03 9.13 9.23 0.10
Weighted average number of equity shares used in computing earnings per equity<br>share
Basic 10,457,414,881 10,477,008,222 10,477,008,222 10,454,728,795 10,475,167,174 10,475,167,174
Diluted 10,482,964,010 10,498,247,011 10,498,247,011 10,481,436,710 10,499,925,047 10,499,925,047

All values are in Indian Rupees.

9

Information on reportable segments for the three months ended December 31, 2025, September 30, 2025, December 31, 2024, nine months ended December 31, 2025, December 31, 2024, and year ended March 31, 2025 are as follows:

Particulars Three months ended Nine months ended Year<br>ended
December 31,<br>2025 September 30,<br>2025 December 31,<br>2024 December 31,<br>2025 December 31,<br>2024 March 31,<br>2025
Audited Audited Audited Audited Audited Audited
Segment revenue
IT Services
Americas 1 77,809 74,821 72,010 225,727 208,103 281,824
Americas 2 67,708 67,011 68,120 201,789 203,390 271,972
Europe 62,405 59,531 59,282 178,753 181,525 240,077
APMEA 25,859 25,042 23,439 74,717 70,753 94,351
Total of IT Services 233,781 226,405 222,851 680,986 663,771 888,224
IT Products 2,565 1,126 747 4,419 1,879 2,692
Total segment revenue 236,346 227,531 223,598 685,405 665,650 890,916
Segment result
IT Services
Americas 1 16,409 15,435 14,966 46,838 41,991 58,186
Americas 2 14,450 13,122 15,275 40,957 45,813 61,326
Europe 8,003 6,962 7,600 20,991 21,294 29,434
APMEA 3,583 3,308 3,667 9,870 9,178 12,850
Unallocated (1,259 ) (1,018 ) (2,518 ) (1,527 ) (5,907 ) (10,157 )
Total of IT Services 41,186 37,809 38,990 117,129 112,369 151,639
IT Products 227 101 29 348 (201 ) (173 )
Reconciling Items (5,678 ) (81 ) (53 ) (8,189 ) 16 (195 )
Total segment result 35,735 37,829 38,966 109,288 112,184 151,271
Finance expenses (3,656 ) (3,612 ) (4,146 ) (10,876 ) (11,003 ) (14,770 )
Finance and other income 9,232 8,455 9,708 28,104 26,383 38,202
Share of net profit/ (loss) of associate and joint venture accounted for using the equity<br>method 28 152 5 230 (37 ) 254
Profit before tax 41,339 42,824 44,533 126,746 127,527 174,957

10

Additional 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 1 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, Western 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.

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.

11

Reconciliation of selected GAAP measures to Non-GAAP measures

1. Reconciliation of Non-GAAP Constant Currency IT Services Revenue to<br>IT Services Revenue as per IFRS ($Mn)
Three Months ended December 31, 2025
:---: --- --- ---
IT Services Revenue as per IFRS 2,635.4
Effect of Foreign currency exchange movement 6.4
Non-GAAP Constant Currency IT Services Revenue<br><br>based on previous quarter exchange rates 2,641.8

All values are in US Dollars.

Three Months ended December 31, 2025
IT Services Revenue as per IFRS 2,635.4
Effect of Foreign currency exchange movement ( 39.1 )
Non-GAAP Constant Currency IT Services Revenue<br><br>based on exchange rates of comparable period in previous year 2,596.3

All values are in US Dollars.

2. Reconciliation of Free Cash Flow for three months and nine months ended December 31,<br>2025
Amounts In Mn
--- --- --- --- --- --- ---
Three months endedDec 31, 2025 Nine months ended<br>Dec 31, 2025
Profit for the period [A] 31,450 97,439
Computation of Free Cash Flow
Net cash generated from operating activities [B] 42,594 117,585
Add/ (deduct) cash inflow/ (outflow)on:
Purchase of property, plant and equipment (4,668 ) (10,782 )
Proceeds from sale of property, plant and equipment 79 757
Free Cash Flow [C] 38,005 107,560
Operating Cash Flow as percentage of Net Income [B/A] 135.4 % 120.7 %
Free Cash Flow as percentage of Net Income [C/A] 120.8 % 110.4 %

All values are in Indian Rupees.

3. Reconciliation for Adjusted Net Income and Adjusted EPS
Amounts in Mn
--- --- --- --- --- --- ---
Particulars Three months endedDec 31, 2025 Nine months ended<br>Dec 31, 2025
Net Income [A] 31,190 96,956
Add: Impact on gratuity expenses due to implementation of new labour code [B] 3,028 3,028
Less[C]: Tax on [B] (590 ) (590 )
Adjusted Net Income [D]: [A+B+C] 33,628 99,394
Adjusted EPS Basic<br>() 3.21 9.49

All values are in Indian Rupees.

***********

12

EX-99.2

Exhibit 99.2

LOGO

EXTRACT OF AUDITED FINANCIAL RESULTS OF WI PRO LIMITED AND ITS SUBSIDIARIES FOR THE QUARTER ENDED AND NINE MONTHS ENDED DECEMBER 31, 2025 Consolidated Audited Financial Results of Wipro Limited under I FRS (~in millions, except per share data, unless otherwise stated) Particulars Quarter ended Nine months ended Quarter ended December 31, 2025 December 31, 2025 December31, 2024 Revenue from operations 235,558 683,877 223,188 Profit before tax 41,339 126,746 44,533 Profit after tax 31,450 97,439 33,667 Total comprehensive income for the period 34,981 118,314 33,958 Paid-up equity share capital (Par value of~ 2 per share) 20,974 20,974 20,938 Reserves excluding non-controlling interest1 as shown in the Audited Statement of Financial Position 807,365 807,365 739,433 Earnings per equity share (Par value of~ 2 per share) (EPS for quarter ended and nine months ended periods are not annualized) Basic: (in~) 2.98 9.26 3.21 Diluted : (in~) 2.97 9.23 3.20 1 Balance for the quarter ended December 31, 2025 and nine months ended December 31, 2025 represent balances as per the audited consolidated statement of financial position for the year ended March 31 , 2025 and balance for the quarter ended December 31 , 2024 represent balances as per the audited consolidated statement of financial position for the year ended March 31, 2024, as required by the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The audited consolidated financial results of the Company for the quarter ended and nine months ended December 31, 2025 have been approved by the Board of Directors of the Company at its meeting held on January 16, 2026. The statutory auditors have expressed an unmodified audit opinion. Financial Results ofWipro Limited under lnd AS The financial results are prepared in accordance with Indian Accounting Standards (“lnd AS”), the provisions of the Companies Act, 2013 (“the Companies Act”), as applicable and guidelines issued by the Securities and Exchange Board of India (“SEBI”). The lnd AS are prescribed under Section 133 of the Act read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and amendment rules issued thereafter. Consolidated Audited Financial Results ofWipro Limited under lnd AS (~in millions, except per share data, unless otherwise stated) Particulars Quarter ended Nine months ended Quarter ended December31, 2025 December 31, 2025 December31, 2024 Revenue from operations 235,558 683,877 223,188 Profit before tax 41,339 126,746 44,533 Profit after tax 31,450 97,439 33,667 Total comprehensive income for the period 34,921 118,069 33,858 Paid-up equity share capital (Par value of~ 2 per share) 20,974 20,974 20,938 Reserves excluding non-controlling interest1 as shown in the Audited Balance Sheet 802,697 802,697 734,880 Earnings per equity share (Par value of~ 2 per share) (EPS for quarter ended and nine months ended periods are not annualized) Basic: (in~) 2.98 9.26 3.21 Diluted : (in~) 2.97 9.23 3.20 1 Balance for the quarter ended December 31, 2025 and nine months ended December 31 , 2025 represent balances as per the audited consolidated balance sheet for the year ended March 31 , 2025 and balance for the quarter ended December 31 , 2024 represent balances as per the audited consolidated balance sheet for the year ended March 31 , 2024, as required by the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The audited consolidated financial results (under lnd AS) of the Company for the quarter ended and nine months ended December 31, 2025 have been approved by the Board of Directors of the Company at its meeting held on January 16, 2026. The statutory auditors have expressed an unmodified audit opinion. Standalone Audited Financial Results of Wipro Limited under lnd AS (~in millions, except per share data, unless otherwise stated) Particulars Quarter ended Nine months ended Quarter ended December 31, 2025 December 31, 2025 December31, 2024 Revenue from operations 180,169 529,823 171,241 Profit before tax 37,947 118,270 34,674 Profit after tax 27,822 90,925 28,408 Total comprehensive income for the period 26,985 87,662 27,181 The audited standalone financial results (under lnd AS) of the Company for the quarter ended and nine months ended December 31 , 2025 have been approved by the Board of Directors of the

EX-99.3

Exhibit 99.3

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS UNDER IFRS

AS AT AND FOR THE THREE AND NINE MONTHS ENDED DECEMBER 31, 2025

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

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

Notes As at<br>March 31,<br>2025 As at December 31, 2025
Convenience translation into<br>U.S. Dollar in millions<br>(unaudited) Refer to Note 2(iii)
ASSETS
Goodwill 6 325,014 367,635 4,092
Intangible assets 6 27,450 29,494 328
Property, plant and equipment 4 80,684 80,540 896
Right-of-Use<br>assets 5 25,598 29,247 326
Financial assets
Derivative assets 18 ^ — —
Investments 8 26,458 27,933 311
Trade receivables 299 645 7
Other financial assets 11 4,664 6,029 67
Investments accounted for using the equity method 1,327 1,991 22
Deferred tax assets 2,561 4,452 50
Contract assets — 1,673 19
Non-current tax assets 7,230 7,807 87
Other non-current assets 12 7,460 8,543 95
Total non-current assets 508,745 565,989 6,300
Inventories 9 694 755 8
Financial assets
Derivative assets 18 1,820 148 2
Investments 8 411,474 455,035 5,065
Cash and cash equivalents 10 121,974 118,914 1,324
Trade receivables 117,745 135,815 1,511
Unbilled receivables 64,280 70,917 789
Other financial assets 11 8,448 9,511 106
Contract assets 15,795 12,663 141
Current tax assets 6,417 11,215 125
Other current assets 12 29,128 30,897 344
Total current assets 777,775 845,870 9,415
TOTAL ASSETS 1,286,520 1,411,859 15,715
EQUITY
Share capital 20,944 20,974 233
Share premium 2,628 5,827 65
Retained earnings 716,477 760,420 8,464
Share-based payment reserve 6,985 6,851 76
Special Economic Zone Re-investment reserve 27,778 28,437 317
Other components of equity 53,497 74,271 827
Equity attributable to the equity holders of the Company 828,309 896,780 9,982
Non-controlling interests 2,138 2,174 24
TOTAL EQUITY 830,447 898,954 10,006
LIABILITIES
Financial liabilities
Loans and borrowings 13 63,954 1,860 21
Lease liabilities 22,193 26,434 294
Derivative liabilities 18 — 520 6
Other financial liabilities 15 7,793 7,222 80
Deferred tax liabilities 16,443 17,851 199
Non-current tax liabilities 42,024 45,284 504
Other non-current liabilities 16 17,119 26,367 294
Provisions 17 294 158 2
Total non-current liabilities 169,820 125,696 1,400
Financial liabilities
Loans, borrowings and bank overdrafts 13 97,863 161,201 1,794
Lease liabilities 8,025 8,551 95
Derivative liabilities 18 968 4,725 53
Trade payables and accrued expenses 14 88,252 98,942 1,100
Other financial liabilities 15 3,878 5,684 63
Contract liabilities 20,063 25,912 289
Current tax liabilities 34,481 45,925 511
Other current liabilities 16 31,086 34,394 383
Provisions 17 1,637 1,875 21
Total current liabilities 286,253 387,209 4,309
TOTAL LIABILITIES 456,073 512,905 5,709
TOTAL EQUITY AND LIABILITIES 1,286,520 1,411,859 15,715
^ Value is less than 0.5
:--- :---

The accompanying notes form an integral part of these interim condensed consolidated financial statements

As per our report of even date attached For and on behalf of the Board of Directors
for Deloitte Haskins & Sells LLP Rishad A. Premji Deepak M. Satwalekar Srinivas Pallia
--- --- --- ---
Chartered Accountants Chairman Director Chief Executive Officer and
Firm’s Registration No: 117366W/W - 100018 (DIN: 02983899) (DIN: 00009627) Managing Director
(DIN: 10574442)
Anand Subramanian Aparna C. Iyer M. Sanaulla Khan
Partner Chief Financial Officer Company Secretary
Membership No.: 110815 Membership No.: F4129
Bengaluru
January 16, 2026

1

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF INCOME

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

Three months ended December 31, Nine months ended December 31,
Notes 2024 2025 2025 2024 2025 2025
Convenience<br>translation into<br>US dollar in<br>millions<br>(unaudited)<br>Refer to Note<br>2(iii) Convenience<br>translation into<br>U.S. Dollar in<br>millions<br>(unaudited)<br>Refer to Note<br>2(iii)
Revenues 21 223,188 235,558 2,622 665,842 683,877 7,612
Cost of revenues 22 (153,922 ) (167,199 ) (1,861 ) (462,277 ) (484,278 ) (5,390 )
Gross profit 69,266 68,359 761 203,565 199,599 2,222
Selling and marketing expenses 22 (16,081 ) (15,008 ) (167 ) (49,313 ) (45,213 ) (503 )
General and administrative expenses 22 (14,629 ) (18,404 ) (205 ) (41,876 ) (46,626 ) (519 )
Foreign exchange gains/(losses), net 24 410 788 9 (192 ) 1,528 17
Results from operating activities 38,966 35,735 398 112,184 109,288 1,217
Finance expenses 23 (4,146 ) (3,656 ) (41 ) (11,003 ) (10,876 ) (121 )
Finance and other income 24 9,708 9,232 103 26,383 28,104 313
Share of net profit/ (loss) of associate and joint venture accounted for using the equity<br>method 5 28 — (37 ) 230 2
Profit before tax 44,533 41,339 460 127,527 126,746 1,411
Income tax expense 20 (10,866 ) (9,889 ) (110 ) (31,228 ) (29,307 ) (326 )
Profit for the period 33,667 31,450 350 96,299 97,439 1,085
Profit attributable to:
Equity holders of the Company 33,538 31,190 347 95,658 96,956 1,080
Non-controlling interests 129 260 3 641 483 5
Profit for the period 33,667 31,450 350 96,299 97,439 1,085
Earnings per equity share: 25
Attributable to equity holders of the Company
Basic 3.21 2.98 0.03 9.15 9.26 0.10
Diluted 3.20 2.97 0.03 9.13 9.23 0.10
Weighted average number of equity shares used in computing earnings per equity<br>share
Basic 10,457,414,881 10,477,008,222 10,477,008,222 10,454,728,795 10,475,167,174 10,475,167,174
Diluted 10,482,964,010 10,498,247,011 10,498,247,011 10,481,436,710 10,499,925,047 10,499,925,047
The accompanying notes form an integral part of these interim condensed consolidated financial statements
--- --- ---
As per our report of even date attached For and on behalf of the Board of Directors
for Deloitte Haskins & Sells LLP Rishad A. Premji Deepak M. Satwalekar Srinivas Pallia
--- --- --- ---
Chartered Accountants Chairman Director Chief Executive Officer and
Firm’s Registration No: 117366W/W - 100018 (DIN: 02983899) (DIN: 00009627) Managing Director
(DIN: 10574442)
Anand Subramanian Aparna C. Iyer M. Sanaulla Khan
Partner Chief Financial Officer Company Secretary
Membership No.: 110815 Membership No.: F4129
Bengaluru
January 16, 2026

2

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

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

Three months ended December 31, Nine months ended December 31,
2024 2025 2025 2024 2025 2025
Convenience<br>translation into<br>US dollar in<br>millions<br>(unaudited) Refer<br>to Note 2(iii) Convenience<br>translation into<br>U.S. Dollar in<br>millions<br>(unaudited) Refer<br>to Note 2(iii)
Profit for the period 33,667 31,450 350 96,299 97,439 1,085
Other comprehensive income (OCI)
Items that will not be reclassified to profit or loss in subsequent periods
Remeasurements of the defined benefit plans, net (231 ) (240 ) (3 ) 150 (231 ) (3 )
Net change in fair value of investment in equity instruments measured at fair value through<br>OCI (367 ) (422 ) (5 ) (533 ) (485 ) (5 )
(598 ) (662 ) (8 ) (383 ) (716 ) (8 )
Items that will be reclassified to profit or loss in subsequent periods
Foreign currency translation differences 1,853 5,050 56 5,569 24,988 278
Reclassification of foreign currency translation differences on liquidation of subsidiaries to<br>statement of income 1 — — 14 — —
Net change in time value of option contracts designated as cash flow hedges, net of taxes 269 139 2 (95 ) (77 ) (1 )
Net change in intrinsic value of option contracts designated as cash flow hedges, net of<br>taxes (171 ) 59 1 (189 ) (515 ) (7 )
Net change in fair value of forward contracts designated as cash flow hedges, net of<br>taxes (1,100 ) (560 ) (6 ) (1,555 ) (2,333 ) (26 )
Net change in fair value of investment in debt instruments measured at fair value through OCI, net<br>of taxes 37 (495 ) (6 ) 611 (472 ) (5 )
889 4,193 47 4,355 21,591 239
Total other comprehensive income, net of taxes 291 3,531 39 3,972 20,875 231
Total comprehensive income for the period 33,958 34,981 389 100,271 118,314 1,316
Total comprehensive income attributable to:
Equity holders of the Company 33,783 34,695 386 99,590 117,730 1,309
Non-controlling interests 175 286 3 681 584 7
33,958 34,981 389 100,271 118,314 1,316
--- --- ---
The accompanying notes form an integral part of these interim condensed consolidated financial statements
As per our report of even date attached For and on behalf of the Board of Directors
for Deloitte Haskins & Sells LLP Rishad A. Premji Deepak M. Satwalekar Srinivas Pallia
--- --- --- ---
Chartered Accountants Chairman Director Chief Executive Officer and
Firm’s Registration No: 117366W/W - 100018 (DIN: 02983899) (DIN: 00009627) Managing Director
(DIN: 10574442)
Anand Subramanian Aparna C. Iyer M. Sanaulla Khan
Partner Chief Financial Officer Company Secretary
Membership No.: 110815 Membership No.: F4129
Bengaluru
January 16, 2026

3

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

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

Other components of equity Equity<br>attributable to<br>the equity<br>holders of the<br>Company Non-<br>controlling<br>interests Total equity
Particulars Number of<br>shares ^(1)^ Share capital,<br>fully paid-up Share<br>premium Retained<br>earnings Share-<br>based<br>payment<br>reserve Special<br>Economic<br>Zone Re-<br>investment<br>reserve Foreign<br>currency<br>translation<br>reserve^(2)^ Cash flow<br>hedging<br>reserve ^(3)^ Other<br>reserves ^(2)^
As at April 1, 2024 5,225,138,246 10,450 3,291 630,936 6,384 42,129 47,261 578 8,854 749,883 1,340 751,223
Comprehensive income for the period
Profit for the period — — — 95,658 — — — — — 95,658 641 96,299
Other comprehensive income — — — — — — 5,534 (1,839 ) 237 3,932 40 3,972
Total comprehensive income for the period — — — 95,658 — — 5,534 (1,839 ) 237 99,590 681 100,271
Issue of equity shares on exercise of options 10,727,228 21 4,243 — (4,243 ) — — — — 21 — 21
Bonus issue of equity shares ^(4)^ 5,233,369,207 10,467 (5,613 ) (3,193 ) — — — — (1,661 ) — — —
Compensation cost related to employee share-based payment — — — — 4,355 — — — — 4,355 — 4,355
Transferred from Special Economic Zone Re-investment<br>reserve — — — 10,224 — (10,224 ) — — — — — —
Others — — — — — — — — — — (58 ) (58 )
Other transactions for the period 5,244,096,435 10,488 (1,370 ) 7,031 112 (10,224 ) — — (1,661 ) 4,376 (58 ) 4,318
As at December 31, 2024 10,469,234,681 20,938 1,921 733,625 6,496 31,905 52,795 (1,261 ) 7,430 853,849 1,963 855,812
^(1)^ Includes 11,905,480 treasury shares held as at December 31, 2024 by a controlled trust.
:--- :---
^(2)^ Refer to Note 19
:--- :---
^(3)^ Refer to Note 18
:--- :---
^(4)^ Refer to Note 30
:--- :---

4

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

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

Other components of equity Equity<br>attributable to<br>the equity<br>holders of the<br>Company Non-<br>controlling<br>interests Total equity
Particulars Number of<br>shares ^(1)^ Share capital,<br>fully paid-up Share<br>premium Retained<br>earnings Share-<br>based<br>payment<br>reserve Special<br>Economic<br>Zone Re-<br>investment<br>reserve Foreign<br>currency<br>translation<br>reserve ^(2)^ Cash flow<br>hedging<br>reserve ^(3)^ Other<br>reserves ^(2)^
As at April 1, 2025 10,472,136,049 20,944 2,628 716,477 6,985 27,778 54,500 (210 ) (793 ) 828,309 2,138 830,447
Comprehensive income for the period
Profit for the period — — — 96,956 — — — — — 96,956 483 97,439
Other comprehensive income — — — — — — 24,870 (2,925 ) (1,171 ) 20,774 101 20,875
Total comprehensive income for the period — — — 96,956 — — 24,870 (2,925 ) (1,171 ) 117,730 584 118,314
Issue of equity shares on exercise of options 14,677,518 30 3,199 — (3,199 ) — — — — 30 — 30
Dividend — — — (52,354 ) — — — — — (52,354 ) (569 ) (52,923 )
Compensation cost related to employee share-based payment — — — — 3,065 — — — — 3,065 — 3,065
Transferred to Special Economic Zone Re-investment<br>reserve — — — (659 ) — 659 — — — — — —
Others — — — — — — (5 ) 5 — — 21 21
Other transactions for the period 14,677,518 30 3,199 (53,013 ) (134 ) 659 (5 ) 5 — (49,259 ) (548 ) (49,807 )
As at December 31, 2025 10,486,813,567 20,974 5,827 760,420 6,851 28,437 79,365 (3,130 ) (1,964 ) 896,780 2,174 898,954
Convenience translation into U.S. Dollar in millions (unaudited) Refer to Note<br>2(iii) 233 65 8,464 76 317 884 (35 ) (22 ) 9,982 24 10,006
^(1)^ Includes 11,905,480 treasury shares held as at December 31, 2025 by a controlled trust.
:--- :---
^(2)^ Refer to Note 19
:--- :---
^(3)^ Refer to Note 18
:--- :---
The accompanying notes form an integral part of these interim condensed consolidated financial statements
--- --- ---
As per our report of even date attached For and on behalf of the Board of Directors
for Deloitte Haskins & Sells LLP Rishad A. Premji Deepak M. Satwalekar Srinivas Pallia
--- --- --- ---
Chartered Accountants Chairman Director Chief Executive Officer and
Firm’s Registration No: 117366W/W - 100018 (DIN: 02983899) (DIN: 00009627) Managing Director
(DIN: 10574442)
Anand Subramanian Aparna C. Iyer M. Sanaulla Khan
Partner Chief Financial Officer Company Secretary
Membership No.: 110815 Membership No.: F4129
Bengaluru
January 16, 2026

5

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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

Nine months ended December 31,
2024 2025 2025
Convenience translation<br>into U.S. Dollar in<br>millions (unaudited)<br>Refer to Note 2(iii)
Cash flows from operating activities
Profit for the period 96,299 97,439 1,085
Adjustments to reconcile profit for the period to net cash generated from operating<br>activities:
Gain on sale of property, plant and equipment, net (766 ) (563 ) (6 )
Depreciation, amortization and impairment expense 22,362 21,822 243
Unrealized exchange (gain)/loss, net 421 2,212 25
Share-based compensation expense 4,355 3,065 34
Share of net (profit)/loss of associate and joint venture accounted for using equity<br>method 37 (230 ) (3 )
Income tax expense 31,228 29,307 326
Finance and other income, net of finance expenses (15,380 ) (17,228 ) (192 )
Change in fair value of contingent consideration (167 ) 48 1
Lifetime expected credit loss/(write-back) (41 ) 2,982 33
Changes in operating assets and liabilities, net of effects from acquisitions
(Increase)/Decrease in trade receivables 4,722 (14,782 ) (165 )
(Increase)/Decrease in unbilled receivables and contract assets 5,519 (2,033 ) (23 )
(Increase)/Decrease in Inventories 183 (55 ) (1 )
(Increase)/Decrease in other financial assets and other assets 5,013 2,274 25
Increase/(Decrease) in trade payables, accrued expenses, other financial liabilities, other<br>liabilities and provisions (7,429 ) 8,954 100
Increase/(Decrease) in contract liabilities 3,765 4,373 49
Cash generated from operating activities before taxes 150,121 137,585 1,531
Income taxes paid, net (18,160 ) (20,000 ) (222 )
Net cash generated from operating activities 131,961 117,585 1,309
Cash flows from investing activities:
Payment for purchase of property, plant and equipment (7,862 ) (10,782 ) (120 )
Proceeds from disposal of property, plant and equipment 1,516 757 8
Investment in associate — (348 ) (4 )
Payment for purchase of investments (596,107 ) (609,225 ) (6,781 )
Proceeds from sale of investments 472,190 571,147 6,358
Payment for business acquisitions, net of cash acquired (891 ) (26,033 ) (290 )
Repayment of security deposit for property, plant and equipment (300 ) — —
Interest received 19,810 21,032 234
Dividend received 1 2 ^
Net cash generated from/(used in) investing activities (111,643 ) (53,450 ) (595 )
Cash flows from financing activities:
Proceeds from issuance of equity shares and shares pending allotment 21 30 ^
Repayment of loans and borrowings (112,419 ) (203,092 ) (2,261 )
Proceeds from loans and borrowings 135,088 197,182 2,195
Payment of lease liabilities (7,543 ) (8,564 ) (95 )
Payment for contingent consideration — (319 ) (4 )
Payment of deferred consideration on business combination — (218 ) (2 )
Interest and finance expenses paid (6,713 ) (4,666 ) (52 )
Payment of dividend — (52,354 ) (583 )
Payment of dividend to Non-controlling interest<br>holders — (569 ) (6 )
Net cash generated from/(used) in financing activities 8,434 (72,570 ) (808 )
Net increase in cash and cash equivalents during the period 28,752 (8,435 ) (94 )
Effect of exchange rate changes on cash and cash equivalents 26 5,375 60
Cash and cash equivalents at the beginning of the period 96,951 121,974 1,358
Cash and cash equivalents at the end of the period (Refer to Note 10) 125,729 118,914 1,324
^ Value is less than 0.5
:--- :---
The accompanying notes form an integral part of these interim condensed consolidated financial statements
--- --- ---
As per our report of even date attached For and on behalf of the Board of Directors
for Deloitte Haskins & Sells LLP Rishad A. Premji Deepak M. Satwalekar Srinivas Pallia
--- --- --- --- --- --- ---
Chartered Accountants Chairman Director Chief Executive Officer and
Firm’s Registration No: 117366W/W - 100018 (DIN: 02983899) (DIN: 00009627) Managing Director
(DIN: 10574442)
Anand Subramanian Aparna C. Iyer M. Sanaulla Khan
Partner Chief Financial Officer Company Secretary
Membership No.: 110815 Membership No.: F4129
Bengaluru
January 16, 2026

6

WIPRO LIMITED AND SUBSIDIARIES

NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

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

1. The Company overview

Wipro Limited (“Wipro” or the “Parent Company”), together with its subsidiaries and controlled trusts (collectively, “we”, “us”, “our”, “the Company” or the “Group”) is a leading information technology services and consulting company, focused on building innovative solutions that address clients’ most complex digital transformation needs. From GenAI and cloud computing to data, from silicon chip design to blockchain, our consultants, analysts, designers, and engineers work on solutions that unlock our clients’ boldest ambitions.

Wipro is a public limited company incorporated and domiciled in India. The address of its registered office is Wipro Limited, Doddakannelli, Sarjapur Road, Bengaluru – 560 035, Karnataka, India. The Company has its primary listing with BSE Ltd. and National Stock Exchange of India Limited. The Company’s American Depository Shares (“ADS”) representing equity shares are also listed on the New York Stock Exchange.

The Company’s Board of Directors authorized these interim condensed consolidated financial statements for issue on January 16, 2026.

2. Basis of preparation of interim condensed consolidated financial statements

(i) Statement of compliance and basis of preparation

The interim condensed consolidated financial statements have been prepared in compliance with IAS 34, “Interim Financial Reporting”, as issued by the International Accounting Standards Board (“IASB”). Selected explanatory notes are included to explain events and transactions that are significant to understand the changes in financial position and performance of the Company since the last annual consolidated financial statements as at and for the year ended March 31, 2025. These interim condensed consolidated financial statements do not include all the information required for full annual financial statements prepared in accordance with International Financial Reporting Standards and its interpretations (“IFRS”).

The interim condensed consolidated financial statements correspond to the classification provisions contained in IAS 1 (revised), “Presentation of Financial Statements”. For clarity, various items are aggregated in the interim condensed consolidated statements of income, interim condensed consolidated statements of comprehensive income and interim condensed consolidated statements of financial position. These items are disaggregated separately in the notes to the interim condensed consolidated financial statements, where applicable. The accounting policies have been consistently applied to all periods presented in these interim condensed consolidated financial statements except for new accounting standards, amendments and interpretations adopted by the Company effective from April 1, 2025.

The assets which are expected to be realized within a period of twelve months from the end of reporting period are classified as current assets. Similarly, the liabilities which are expected to be settled within a period of twelve months from the end of reporting period are classified as current liabilities. All other assets and liabilities are classified as non-current.

All amounts included in the interim condensed consolidated financial statements are reported in millions of Indian Rupees (₹ in millions) except share and per share data, unless otherwise stated. Due to rounding off, the numbers presented throughout the document may not add up precisely to the totals and percentages may not precisely reflect the absolute figures. Previous period figures have been regrouped/rearranged, wherever necessary.

(ii) Basis of measurement

The interim condensed consolidated financial statements have been prepared on a historical cost convention and on an accrual basis, except for the following material items which have been measured at fair value as required by relevant IFRS:

a. Derivative financial instruments;
b. Financial instruments classified as fair value through other comprehensive income or fair value through profit<br>or loss;
:--- :---
c. The defined benefit liability/(asset) is recognized as the present value of defined benefit obligation less<br>fair value of plan assets; and
:--- :---
d. Contingent consideration and liability on written put options.
:--- :---

(iii) Convenience translation (unaudited)

The accompanying interim condensed consolidated financial statements have been prepared and reported in Indian Rupees, the functional currency of the Parent Company. Solely for the convenience of the readers, the interim condensed consolidated financial statements as at and for the three and nine months ended December 31, 2025, have been translated into United States Dollars at the certified foreign exchange rate of U.S.$1 = ₹ 89.84 as published by Federal Reserve Board of Governors on December 31, 2025. No representation is made that the Indian Rupee amounts have been, could have been or could be converted into United States Dollars at such a rate or any other rate. Due to rounding off, the translated numbers presented throughout the document may not add up precisely to the totals.

(iv) Use of estimates and judgment

The preparation of the interim condensed consolidated financial statements in conformity with IFRS requires the management to make judgments, accounting estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses. Accounting estimates are monetary amounts in the interim condensed consolidated financial statements that are subject to measurement uncertainty. An accounting policy may require items in the interim condensed consolidated financial statements to be measured at monetary amounts that cannot be observed directly and must instead be estimated. In such a case, management develops an accounting estimate to achieve the objective set out by the accounting policy. Developing accounting estimates involves the use of judgements or assumptions based on the latest available and reliable information. Actual results may differ from those accounting estimates.

7

Accounting estimates and underlying assumptions are reviewed on an ongoing basis. Changes to accounting estimates are recognized in the period in which the estimates are changed and in any future periods affected. In particular, information about material areas of estimation, uncertainty and critical judgments in applying accounting policies that have material effect on the amounts recognized in the interim condensed consolidated financial statements are included in the following notes:

a) Revenue recognition: The Company applies judgement to determine whether each product or service promised<br>to a customer is capable of being distinct, and is distinct in the context of the contract, if not, the promised product or service is combined and accounted as a single performance obligation. Revenue is recognized upon transfer of control<br>of promised products or services to customers in an amount that reflects the consideration the Company expects to receive (the “Transaction Price”). The Company allocates the Transaction Price to separately identifiable performance<br>obligation deliverables based on their relative stand-alone selling price. In cases where the Company is unable to determine the stand-alone selling price the Company uses expected cost-plus margin approach in estimating the stand-alone selling<br>price. The Company uses the percentage of completion method using the input (cost expended) method to measure progress towards completion in respect of fixed-price contracts. Percentage of completion method accounting relies on estimates of total<br>expected contract revenue and costs. This method is followed when reasonably dependable estimates of the revenues and costs applicable to various elements of the contract can be made. Key factors that are reviewed in estimating the future costs to<br>complete include estimates of future labor costs and productivity efficiencies. Because the financial reporting of these contracts depends on estimates that are assessed continually during the term of these contracts, revenue recognized, profit and<br>timing of revenue for remaining performance obligations are subject to revisions as the contract progresses to completion. When estimates indicate that a loss will be incurred, the loss is provided for in the period in which the loss becomes<br>probable. Volume discounts are recorded as a reduction of revenue. When the amount of discount varies with the levels of revenue, volume discount is recorded based on estimate of future revenue from the customer.
b) Impairment testing: Goodwill recognized on business combination is tested for impairment at least<br>annually and when events occur or changes in circumstances indicate that the recoverable amount of goodwill or a cash generating unit to which goodwill pertains, is less than the carrying value. The Company assesses acquired intangible assets<br>with finite useful life for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. The recoverable amount of an asset or a cash generating unit is higher of value-in-use and fair value less cost of disposal. The calculation of value in use of an asset or a cash generating unit involves use of significant estimates and assumptions which include turnover, growth<br>rates and net margins used to calculate projected future cash flows, risk-adjusted discount rate, future economic and market conditions.
:--- :---
c) Income taxes: The major tax jurisdictions for the Company are India and the United States of America.
:--- :---

Significant judgments are involved in determining the provision for income taxes including judgment on whether tax positions are probable of being sustained in tax assessments. A tax assessment can involve complex issues, which can only be resolved over extended time periods.

Deferred tax is recorded on temporary differences between the tax bases of assets and liabilities and their carrying amounts, at the rates that have been enacted or substantively enacted at the reporting date. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable profits during the periods in which those temporary differences and tax loss carry-forwards become deductible. The Company considers expected reversal of deferred tax liabilities and projected future taxable income in making this assessment. The amount of deferred tax assets considered realizable, however, could reduce in the near term if estimates of future taxable income during the carry-forward period are reduced.

d) Business combinations: In accounting for business combinations, judgment is required to assess whether<br>an identifiable intangible asset is to be recorded separately from goodwill. Additionally, estimating the acquisition date fair value of the identifiable assets acquired (including useful life estimates), liabilities assumed, and contingent<br>consideration assumed involves management judgment. These measurements are based on information available at the acquisition date and are based on expectations and assumptions that have been deemed reasonable by management. Changes in these<br>judgments, estimates, and assumptions can materially affect the results of operations.
e) Defined benefit plans and compensated absences: The cost of the defined benefit plans, compensated<br>absences and the present value of the defined benefit obligations are based on actuarial valuation using the projected unit credit method. An actuarial valuation involves making various assumptions that may differ from actual developments in<br>the future. These include the determination of the discount rate, future salary increases and mortality rates. Due to the complexities involved in the valuation and its long-term nature, a defined benefit obligation is highly sensitive to changes in<br>these assumptions. All assumptions are reviewed at each reporting date.
:--- :---
f) Expected credit losses on financial assets: The impairment provisions of financial assets are based on<br>assumptions about risk of default and expected timing of collection. The Company uses judgment in making these assumptions and selecting the inputs to the expected credit loss calculation based on the Company’s history of collections,<br>customer’s creditworthiness, existing market conditions as well as forward looking estimates at the end of each reporting period.
:--- :---
g) Useful lives of property, plant and equipment: The Company depreciates property, plant and equipment on<br>a straight-line basis over estimated useful lives of the assets. The charge in respect of periodic depreciation is derived based on an estimate of an asset’s expected useful life and the expected residual value at the end of its life.<br>The lives are based on historical experience with similar assets as well as anticipation of future events, which may impact their life, such as changes in technology. The estimated useful life is reviewed at least annually.
:--- :---

8

h) Provisions and contingent liabilities: The Company estimates the provisions that have present<br>obligations as a result of past events and it is probable that outflow of resources will be required to settle the obligations. These provisions are reviewed at the end of each reporting date and are adjusted to reflect the current best<br>estimates.

The Company uses significant judgement to disclose contingent liabilities. Contingent liabilities are disclosed when there is a possible obligation arising from past events, the existence of which will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the Company or a present obligation that arises from past events where it is either not probable that an outflow of resources will be required to settle the obligation or a reliable estimate of the amount cannot be made. Contingent assets are neither recognized nor disclosed in the financial statements.

3. Material accounting policy information

Please refer to the Company’s Annual report for the year ended March 31, 2025, for a discussion of the Company’s other material accounting policy information except for new accounting standards, amendments and interpretations adopted by the Company effective on or after April 1, 2025.

i. New amendment adopted by the Company effective from April 1, 2025:

Amendments to IAS 21 – The Effects of Changes in Foreign Exchange Rates

On August 15, 2023, IASB issued ‘Lack of Exchangeability (Amendments to IAS 21)’ that clarifies how an entity should assess whether a currency is exchangeable and how it should determine a spot exchange rate when exchangeability is lacking, as well as require the disclosure of information that enables users of financial statements to understand the impact of a currency not being exchangeable. These amendments are effective for annual reporting periods beginning on or after January 1, 2025, with earlier application permitted. The adoption of amendments to IAS 21 did not have any material impact on the interim condensed consolidated financial statements.

ii. New amendments not yet adopted:

Certain new standards, amendments to standards and interpretations are not yet effective for annual periods beginning after April 1, 2025 and have not been applied in preparing these interim condensed consolidated financial statements. New standards, amendments to standards and interpretations that could have potential impact on the interim condensed consolidated financial statements of the Company are:

IFRS 18 – Presentation and Disclosure in Financial Statements

On April 9, 2024, IASB issued IFRS 18 ‘Presentation and Disclosure in Financial Statements’ which supersedes IAS 1 ‘Presentation of Financial Statements’, aimed at improving comparability and transparency of communication in financial statements. IFRS 18 requires an entity to classify all income and expenses within its statement of profit or loss into one of five categories: operating, investing, financing, income taxes and discontinued operations. These categories are complemented by the requirement to present specified totals and subtotals for ‘operating profit or loss’, ‘profit or loss before financing and income taxes’ and ‘profit or loss’. It also requires disclosure of management-defined performance measures and includes new requirements for aggregation and disaggregation of financials information based on the identified ‘roles’ of the primary financial statements and the notes.

Consequent to above, a narrow-scope amendments have been made to IAS 7 ‘Statement of Cash Flows’, which include changing the starting point for determining cash flows from operations under the indirect method from ‘profit or loss’ to ‘operating profit or loss’. Further, some requirements previously included within IAS 1 have been moved to IAS 8 ‘Accounting Policies, Changes in Accounting Estimates and Errors’ which has also been renamed IAS 8 ‘Basis of Preparation of Financial Statements’. IAS 34 ‘ Interim Financial Reporting’ was amended to require disclosure of management defined performance measures. Minor consequential amendments to other standards were also made.

An entity that prepares condensed interim financial statements in accordance with IAS 34 in the first year of adoption of IFRS 18, must present the heading and mandatory subtotals it expects to use in its annual financial statement. Comparative period in both the interim and annual financial statements will need to be restated and a reconciliation of the statement of profit or loss previously published will be required for the immediately preceding comparative period. IFRS 18 and the amendments to the other standards, is effective for reporting period beginning on or after January 1, 2027 and are to be applied retrospectively, with earlier application permitted.

The Company is currently assessing the impact of adopting IFRS 18 and the amendments to other standards, on the interim condensed consolidated financial statements.

Amendments to IFRS 9 and IFRS 7 – Classification and Measurement of Financial Instruments

On May 30, 2024, IASB issued ‘Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7)’ to address matters identified during the post-implementation review of IFRS 9. The amendments clarify that a financial liability is derecognized on the ‘settlement date’ and introduce an accounting policy choice to derecognize financial liabilities settled using an electronic payment system before settlement date. The classification of financial asset with ESG linked features has been clarified through additional guidance on the assessment of contingent features. Additional disclosures are introduced for financial instruments with contingent features and equity instruments classified as fair value through OCI. These amendments are effective for annual reporting periods beginning on or after January 1, 2026, with earlier application permitted. The Company is currently assessing the impact of adopting these amendments on the interim condensed consolidated financial statements.

9

Amendments to IFRS 9 and IFRS 7 - Contracts referencing Nature-dependent electricity

The International Accounting Standards Board (IASB) has published amendments to IFRS 9 and IFRS 7 titled Contracts Referencing Nature-dependent Electricity. The IASB has added application guidance to IFRS 9 to address specifically whether a contract to buy electricity generated from a source dependent on natural conditions is held for the entity’s own-use expectations. The amendments also address specifically how an entity applies the hedge accounting requirements in IFRS 9 when a contract referencing nature-dependent electricity with a variable nominal amount is designated as the hedging instrument. The IASB decided to add complementary disclosure requirements to IFRS 7. The amendments are effective for annual periods beginning on or after 1 January 2026, with earlier application permitted. The Company is currently assessing the impact of adopting these amendments on the interim condensed consolidated financial statements.

4. Property, plant and equipment

Land Buildings Plant andequipments (1) Furnitureand fixtures Officeequipments Vehicles Total
Gross carrying value:
As at April 1, 2024 4,375 47,024 102,513 18,233 7,514 34 179,693
Additions 4 2,342 4,493 728 580 6 8,153
Additions through Business combinations — — 9 — — — 9
Disposals — (464 ) (6,100 ) (735 ) (236 ) (1 ) (7,536 )
Translation adjustment (2 ) (48 ) (207 ) (25 ) (15 ) (1 ) (298 )
As at December 31, 2024 4,377 48,854 100,708 18,201 7,843 38 180,021
Accumulated depreciation/ impairment:
As at April 1, 2024 — 11,775 75,549 12,287 5,932 22 105,565
Depreciation and impairment — 1,211 8,325 1,616 455 3 11,610
Disposals — (217 ) (5,877 ) (603 ) (210 ) (1 ) (6,908 )
Translation adjustment — (50 ) (188 ) (17 ) (15 ) (1 ) (271 )
As at December 31, 2024 — 12,719 77,809 13,283 6,162 23 109,996
Net carrying value as at December 31, 2024 4,377 36,135 22,899 4,918 1,681 15 70,025
Capital<br>work-in-progress 7,735
Net carrying value including Capital work-in-progress as at December 31, 2024 77,760
Gross carrying value:
As at April 1, 2024 4,375 47,024 102,513 18,233 7,514 34 179,693
Additions — 6,215 10,623 3,143 943 10 20,934
Additions through Business combination — — 9 — — — 9
Disposals (6 ) (680 ) (13,668 ) (1,803 ) (793 ) (9 ) (16,959 )
Translation adjustment 4 (3 ) 77 3 (1 ) (1 ) 79
As at March 31, 2025 4,373 52,556 99,554 19,576 7,663 34 183,756
Accumulated depreciation/ impairment:
As at April 1, 2024 — 11,775 75,549 12,287 5,932 22 105,565
Depreciation and impairment — 1,662 11,050 2,229 623 4 15,568
Disposals — (410 ) (13,189 ) (1,526 ) (730 ) (8 ) (15,863 )
Translation adjustment — (30 ) 49 (1 ) (4 ) (1 ) 13
As at March 31, 2025 — 12,997 73,459 12,989 5,821 17 105,283
Net carrying value as at March 31, 2025 4,373 39,559 26,095 6,587 1,842 17 78,473
Capital<br>work-in-progress 2,211
Net carrying value including Capital work-in-progress as at March 31, 2025 80,684
Gross carrying value:
As at April 1, 2025 4,373 52,556 99,554 19,576 7,663 34 183,756
Additions — 696 5,904 1,592 556 2 8,750
Additions through Business combination (Refer to Note 7) — 131 109 22 99 1 362
Disposals — (507 ) (5,105 ) (671 ) (64 ) (1 ) (6,348 )
Translation adjustment 25 300 2,130 166 100 1 2,722
As at December 31, 2025 4,398 53,176 102,592 20,685 8,354 37 189,242

All values are in Indian Rupees.

10

Accumulated depreciation/ impairment:
As at April 1, 2025 — 12,997 73,459 12,989 5,821 17 105,283
Depreciation and impairment — 1,377 7,273 1,814 504 4 10,972
Disposals — (385 ) (5,018 ) (505 ) (47 ) (1 ) (5,956 )
Translation adjustment — 148 1,815 121 81 1 2,166
As at December 31, 2025 — 14,137 77,529 14,419 6,359 21 112,465
Net carrying value as at December 31, 2025 4,398 39,039 25,063 6,266 1,995 16 76,777
Capital<br>work-in-progress ^(2)^ 3,763
Net carrying value including Capital work-in-progress as at December 31, 2025 80,540

All values are in Indian Rupees.

^(1)^ Including net carrying value of computer equipment and software amounting to ₹ 13,587, ₹ 16,003 and<br>₹ 15,524, as at December 31, 2024, March 31, 2025 and December 31, 2025, respectively.
^(2)^ Including capital advance of<br>₹ 15 and Capital work-in-progress of ₹ 6 on account of additions through business combination. (Refer to Note 7)
:--- :---

5. Right-of-Use assets

Category of Right-of-Use assets
Land Buildings Plant andequipments Vehicles Total
Gross carrying value:
As at April 1, 2024 1,343 28,453 2,242 849 32,887
Additions — 8,954 33 165 9,152
Disposals (221 ) (3,687 ) (2 ) (153 ) (4,063 )
Translation adjustment — (53 ) 31 (9 ) (31 )
As at December 31, 2024 1,122 33,667 2,304 852 37,945
Accumulated depreciation:
As at April 1, 2024 98 13,237 1,086 511 14,932
Depreciation 16 3,987 338 133 4,474
Disposals (14 ) (3,140 ) (2 ) (148 ) (3,304 )
Translation adjustment — (46 ) 8 (5 ) (43 )
As at December 31, 2024 100 14,038 1,430 491 16,059
Net carrying value as at December 31, 2024 1,022 19,629 874 361 21,886
Gross carrying value:
As at April 1, 2024 1,343 28,453 2,242 849 32,887
Additions — 10,822 3,735 228 14,785
Disposals (221 ) (4,389 ) (632 ) (354 ) (5,596 )
Translation adjustment — 152 100 17 269
As at March 31, 2025 1,122 35,038 5,445 740 42,345
Accumulated depreciation:
As at April 1, 2024 98 13,237 1,086 511 14,932
Depreciation 21 5,362 539 180 6,102
Disposals (13 ) (3,776 ) (303 ) (319 ) (4,411 )
Translation adjustment — 81 34 9 124
As at March 31, 2025 106 14,904 1,356 381 16,747
Net carrying value as at March 31, 2025 1,016 20,134 4,089 359 25,598
Gross carrying value:
As at April 1, 2025 1,122 35,038 5,445 740 42,345
Additions — 7,215 — 188 7,403
Additions through Business combination (Refer to Note 7) — 1,062 — — 1,062
Disposals — (3,639 ) (2 ) (134 ) (3,775 )
Translation adjustment — 1,284 366 108 1,758
As at December 31, 2025 1,122 40,960 5,809 902 48,793
Accumulated depreciation:
As at April 1, 2025 106 14,904 1,356 381 16,747
Depreciation 14 4,067 660 162 4,903
Disposals — (2,881 ) (2 ) (108 ) (2,991 )
Translation adjustment — 662 168 57 887
As at December 31, 2025 120 16,752 2,182 492 19,546
Net carrying value as at December 31, 2025 1,002 24,208 3,627 410 29,247

All values are in Indian Rupees.

11

6. Goodwill and intangible assets

The movement in goodwill balance is given below:

As at
March 31, 2025 December 31, 2025
Balance at the beginning of the period 316,002 325,014
Translation adjustment 7,688 18,577
Acquisition through Business combinations (Refer to Note 7) 1,324 24,044
Balance at the end of the period 325,014 367,635

All values are in Indian Rupees.

The movement in intangible assets is given below:

Intangible assets
Customer-related Marketing-related Total
Gross carrying value:
As at April 1, 2024 43,672 11,972 55,644
Acquisition through Business combinations 1,896 — 1,896
Deductions/adjustments (4,091 ) (2,503 ) (6,594 )
Translation adjustment 1,052 270 1,322
As at December 31, 2024 42,529 9,739 52,268
Accumulated amortization/ impairment:
As at April 1, 2024 18,281 4,615 22,896
Amortization and impairment ^(1)^ 4,959 1,319 6,278
Deductions/adjustments (4,091 ) (2,503 ) (6,594 )
Translation adjustment 484 103 587
As at December 31, 2024 19,633 3,534 23,167
Net carrying value as at December 31, 2024 22,896 6,205 29,101
Gross carrying value:
As at April 1, 2024 43,672 11,972 55,644
Acquisition through Business combination 1,896 — 1,896
Deductions/adjustments (4,101 ) (2,518 ) (6,619 )
Translation adjustment 994 268 1,262
As at March 31, 2025 42,461 9,722 52,183
Accumulated amortization/ impairment:
As at April 1, 2024 18,281 4,615 22,896
Amortization and impairment ^(1)^ 6,327 1,582 7,909
Deductions/adjustments (4,101 ) (2,518 ) (6,619 )
Translation adjustment 443 104 547
As at March 31, 2025 20,950 3,783 24,733
Net carrying value as at March 31, 2025 21,511 5,939 27,450
Gross carrying value:
As at April 1, 2025 42,461 9,722 52,183
Acquisition through Business combination (Refer to Note 7) 5,644 1,109 6,753
Deductions/adjustments (4,370 ) — (4,370 )
Translation adjustment 1,968 506 2,474
As at December 31, 2025 45,703 11,337 57,040
Accumulated amortization/ impairment:
As at April 1, 2025 20,950 3,783 24,733
Amortization and impairment ^(1)^ 5,121 826 5,947
Deductions/adjustments (4,370 ) — (4,370 )
Translation adjustment 1,017 219 1,236
As at December 31, 2025 22,718 4,828 27,546
Net carrying value as at December 31, 2025 22,985 6,509 29,494

All values are in Indian Rupees.

^(1)^ During the nine months ended December 31, 2024, year ended March 31, 2025 and nine months ended<br>December 31, 2025, decline in the revenue and earnings estimates led to revision of recoverable value of customer-relationship intangible assets and marketing related intangible assets recognized on business combinations. Consequently, the<br>Company has recognized impairment charge of ₹ 1,149 for the nine months ended December 31, 2024,<br>₹ 1,155 for the year ended March 31, 2025, and ₹ 841 for the nine<br>months ended December 31, 2025 as part of amortization and impairment.

Amortization expense on intangible assets is included in selling and marketing expenses in the interim condensed consolidated statement of income.

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7. Business combinations

a) During the nine months ended December 31, 2025, the Company has completed a business combination by<br>acquiring 100% equity interest in Digital Transformation Solutions (DTS) business unit of HARMAN, a Samsung company, a global provider of Engineering, Research & Development (ER&D) services and Information Technology (IT) services. The<br>acquisition was consummated on December 1, 2025, for total cash consideration of ₹ 34,044.
Description Harman
--- --- --- ---
Net assets 3,724
Fair value of property, plant and equipment 383
Fair value of<br>right-of-use assets 1,062
Fair value of customer-related intangibles 5,644
Fair value of marketing-related intangibles 1,109
Deferred tax liabilities on intangible assets (1,915 )
Total identifiable assets 10,007
Goodwill 24,037
Total purchase price 34,044
Net Assets include:
Cash and cash equivalents 8,011
Fair value of acquired trade receivables included in net assets 2,941
Gross contractual amount of acquired trade receivables 3,225
Less: Allowance for lifetime expected credit loss (284 )
Transaction costs included in general and administrative expenses 230

All values are in Indian Rupees.

The above purchase price allocation for Harman is provisional and will be finalized as soon as practicable within the measurement period, but in no event later than one year following the date of acquisition.

The goodwill of ₹ 24,037 comprises value of acquired workforce and expected synergies arising from the business combinations. Goodwill is allocated to IT Services segment and is not deductible for income tax purposes.

The pro-forma effects of acquisition of Harman for the three and nine months ended December 31, 2025, on the Company’s results were not material.

b) The Applied Value Technologies, Inc., Applied Value Technologies B.V. and Applied Value Technologies Pte<br>Limited (“AVT”) was consummated on December 16, 2024. During the nine months ended December 31, 2025, the Company finalized purchase price allocation, with no material impact on goodwill.

8. Investments

As at
March 31, 2025 December 31, 2025
Non-current
Financial instruments at FVTPL
Equity instruments ^(1)^ 4,955 6,549
Fixed maturity plan mutual funds 1,203 —
Financial instruments at FVTOCI
Equity instruments ^(1)^ 12,493 12,955
Financial instruments at amortized cost
Inter corporate and term deposits ^(3)^ 7,807 8,429
26,458 27,933
Current
Financial instruments at FVTPL
Short-term mutual funds ^(2)^ 88,776 133,737
Fixed maturity plan mutual funds 300 1,265
Financial instruments at FVTOCI
Non-convertible debentures 219,389 201,857
Government securities 10,651 10,113
Commercial papers 2,858 1,497
Bonds 21,138 14,521
Financial instruments at amortized cost
Inter corporate and term deposits ^(3)^ 68,362 92,045
411,474 455,035
Total 437,932 482,968
Financial instruments at FVTPL 95,234 141,551
Financial instruments at FVTOCI 266,529 240,943
Financial instruments at amortized cost 76,169 100,474

All values are in Indian Rupees.

^(1)^ Uncalled capital commitments outstanding as at March 31, 2025 and December 31, 2025, was ₹ 1,576 and ₹ 1,894, respectively.
^(2)^ As at March 31, 2025 and December 31, 2025, short-term mutual funds include units lien with bank on<br>account of margin money for currency derivatives amounting to ₹ 233 and<br>₹ 242, respectively.
:--- :---
^(3)^ These deposits earn a fixed rate of interest. As at March 31, 2025 and December 31, 2025, term<br>deposits include deposits in lien with banks, held as margin money deposits against guarantees amounting to ₹ 953 and ₹ 946, respectively.
:--- :---

13

9. Inventories

As at
March 31, 2025 December 31, 2025
Stores and spare parts 9 4
Traded goods 685 751
694 755

All values are in Indian Rupees.

10. Cash and cash equivalents

As at
March 31, 2025 December 31, 2025
Cash and bank balances 74,456 91,308
Demand deposits with banks ^(1)^ 47,518 27,606
121,974 118,914

All values are in Indian Rupees.

^(1)^ These deposits can be withdrawn by the Company at any time without prior notice and without any penalty on the<br>principal.

Cash and cash equivalents consist of the following for the purpose of the interim condensed consolidated statement of cash flows:

As at
December 31, 2024 December 31, 2025
Cash and cash equivalents 125,744 118,914
Bank overdrafts (15 ) —
125,729 118,914

All values are in Indian Rupees.

11. Other financial assets

As at
March 31, 2025 December 31, 2025
Non-current
Finance lease receivables 3,090 3,601
Security deposits 1,318 1,853
Advance to customers 225 567
Dues from officers and employees 30 5
Other receivables 1 3
4,664 6,029
Current
Finance lease receivables 5,144 4,121
Security deposits 1,827 2,113
Interest receivables 596 1,312
Claims receivables 195 645
Dues from officers and employees 505 445
Advance to customers 70 567
Other receivables 111 308
8,448 9,511
13,112 15,540

All values are in Indian Rupees.

14

12. Other assets

As at
March 31, 2025 December 31, 2025
Non-current
Prepaid expenses 2,657 3,858
Interest receivable from statutory authorities 1,148 988
Deferred contract cost
Costs to obtain contracts ^(1)^ 3,277 2,884
Costs to fulfil contracts ^(2)^ 378 813
7,460 8,543
Current
Prepaid expenses 16,917 17,055
Balance with GST and other authorities 6,760 7,433
Advance to suppliers 2,323 2,324
Withholding taxes 542 766
Dues from officers and employees 453 400
Defined benefit plan asset, net 472 195
Deferred contract cost
Costs to obtain contracts ^(1)^ 1,407 2,380
Costs to fulfil contracts ^(2)^ 131 151
Other receivables 123 193
29,128 30,897
36,588 39,440

All values are in Indian Rupees.

^(1)^ Costs to obtain contracts amortization of<br>₹ 322 and ₹ 576 during the three months ended December 31, 2024 and<br>2025 respectively, ₹ 977 and ₹ 1,852 during the nine months ended<br>December 31, 2024 and 2025 respectively.
^(2)^ Costs to fulfil contracts amortization of<br>₹ 22 and ₹ 35 during the three months ended December 31, 2024 and 2025<br>respectively, ₹ 52 and ₹ 117 during the nine months ended December 31,<br>2024 and 2025 respectively.
:--- :---

13. Loans, borrowings and bank overdrafts

As at
March 31, 2025 December 31, 2025
Non-current
Unsecured Notes 2026 ^(1)^ 63,954 —
Loans from institutions other than banks — 1,860
63,954 1,860
Current
Unsecured Notes 2026 ^(1)^ — 67,347
Borrowings from banks 97,863 93,854
Bank overdrafts ^ —
97,863 161,201
161,817 163,061
^ Value is less than 0.5

All values are in Indian Rupees.

^(1)^ On June 23, 2021, Wipro IT Services LLC, a wholly owned step-down subsidiary of Wipro Limited, issued<br>U.S.$ 750 million in unsecured notes 2026 (the “Notes”). The Notes bear interest at a rate of 1.50% per annum and will mature on June 23, 2026. Interest on the Notes is payable semi-annually on June 23 and December 23<br>of each year, commencing from December 23, 2021. The Notes are listed on Singapore Exchange Securities Trading Limited (SGX-ST).

14. Trade payables and accrued expenses

As at
March 31, 2025 December 31, 2025
Trade payables 21,985 20,103
Accrued expenses 66,267 78,839
88,252 98,942

All values are in Indian Rupees.

15. Other financial liabilities

As at
March 31, 2025 December 31, 2025
Non-current
Liability on written put options to non-controlling<br>interests (Refer to Note 18) 4,945 2,942
Contingent consideration (Refer to Note 18) 1,307 1,503
Liabilities towards customer contracts 1,026 870
Long-term incentive payable 387 230
Deferred consideration for Business combination 61 31
Liability to sellers — 1,537
Rent deposit 26 12
Other liabilities 41 97
7,793 7,222

All values are in Indian Rupees.

15

Current
Liability on written put options to non-controlling<br>interests (Refer to Note 18) — 2,699
Liabilities towards customer contracts 342 510
Capital creditors 1,255 747
Advance from customers 167 248
Rent deposit 475 478
Contingent consideration (Refer to Note 18) 557 332
Interest accrued on loans and borrowings 489 370
Deferred consideration for Business combination 295 119
Unclaimed dividend 64 117
Other liabilities 234 64
3,878 5,684
11,671 12,906

All values are in Indian Rupees.

16. Other liabilities

As at
March 31, 2025 December 31, 2025
Non-current
Statutory and other liabilities 12,757 16,607
Employee benefits obligations 4,362 9,760
17,119 26,367
Current
Employee benefits obligations 16,001 17,264
Statutory and other liabilities 14,295 16,439
Advance from customers 790 691
31,086 34,394
48,205 60,761

All values are in Indian Rupees.

17. Provisions

As at
March 31, 2025 December 31, 2025
Non-current
Provision for onerous contracts 294 158
294 158
Current
Provision for onerous contracts 1,288 1,500
Provision for warranty 207 213
Others 142 162
1,637 1,875
1,931 2,033

All values are in Indian Rupees.

18. Financial instruments

The carrying value of financial instruments by categories as at March 31, 2025 is as follows:

Fair valuethrough profitor loss Fair value through othercomprehensive income Amortizedcost Total
Mandatory Designatedupon initialrecognition
Financial Assets:
Cash and cash equivalents (Refer to Note 10) — — — 121,974 121,974
Investments (Refer to Note 8)
Equity Instruments 4,955 — 12,493 — 17,448
Fixed maturity plan mutual funds 1,503 — — — 1,503
Short-term mutual funds 88,776 — — — 88,776
Non-convertible debentures — 219,389 — — 219,389
Government securities — 10,651 — — 10,651
Commercial papers — 2,858 — — 2,858
Bonds — 21,138 — — 21,138
Inter corporate and term deposits — — — 76,169 76,169
Other financial assets
Trade receivables — — — 118,044 118,044
Unbilled receivables — — — 64,280 64,280
Other financial assets (Refer to Note 11) — — — 13,112 13,112
Derivative assets (Refer to Note 18) 1,105 — 715 — 1,820
96,339 254,036 13,208 393,579 757,162
Financial Liabilities:
Trade payables and other financial liabilities
Trade payables and accrued expenses (Refer to Note 14) — - — 88,252 88,252
Other financial liabilities (Refer to Note 15) 1,864 — — 9,807 11,671
Loans, borrowings and bank overdrafts (Refer to Note 13) — — — 161,817 161,817
Lease liabilities — — — 30,218 30,218
Derivative liabilities (Refer to Note 18) 75 — 893 — 968
1,939 - 893 290,094 292,926

All values are in Indian Rupees.

16

The carrying value of financial instruments by categories as at December 31, 2025 is as follows:

Fair valuethrough profitor loss Fair value through othercomprehensive income Amortizedcost Total
Mandatory Designatedupon initialrecognition
Financial Assets:
Cash and cash equivalents (Refer to Note 10) — — — 118,914 118,914
Investments (Refer to Note 8)
Equity Instruments 6,549 — 12,955 — 19,504
Fixed maturity plan mutual funds 1,265 — — — 1,265
Short-term mutual funds 133,737 — — — 133,737
Non-convertible debentures — 201,857 — — 201,857
Government securities — 10,113 — — 10,113
Commercial papers — 1,497 — — 1,497
Bonds — 14,521 — — 14,521
Inter corporate and term deposits — — — 100,474 100,474
Other financial assets
Trade receivables — — — 136,460 136,460
Unbilled receivables — — — 70,917 70,917
Other financial assets (Refer to Note 11) — — — 15,540 15,540
Derivative assets (Refer to Note 18) 98 — 50 — 148
141,649 227,988 13,005 442,305 824,947
Financial Liabilities:
Trade payables and other financial liabilities
Trade payables and accrued expenses (Refer to Note 14) — — — 98,942 98,942
Other financial liabilities (Refer to Note 15) 1,835 — — 11,071 12,906
Loans, borrowings and bank overdrafts (Refer to Note 13) — — — 163,061 163,061
Lease liabilities — — — 34,985 34,985
Derivative liabilities (Refer to Note 18) 658 — 4,587 — 5,245
2,493 — 4,587 308,059 315,139

All values are in Indian Rupees.

Fair value

Financial assets and liabilities include cash and cash equivalents, trade receivables, unbilled receivables, finance lease receivables, employee and other advances, eligible current and non-current assets, loans, borrowings and bank overdrafts, lease liabilities, trade payables and accrued expenses, and eligible current and non-current liabilities.

The fair value of cash and cash equivalents, trade receivables, unbilled receivables, short-term loans, borrowings and bank overdrafts, lease liabilities, trade payables and accrued expenses, other current financial assets and liabilities approximate their carrying amount largely due to the short-term nature of these instruments. Finance lease receivables are periodically evaluated based on individual credit worthiness of customers. Based on this evaluation, the Company records allowance for estimated credit losses on these receivables. As at March 31, 2025 and December 31, 2025, the carrying value of such financial assets, net of allowances, and liabilities, approximates the fair value.

The Company’s Unsecured Notes 2026 are contracted at fixed coupon rate of 1.50% and market yield on these loans as of December 31, 2025 was 4.25%.

Investments in short-term mutual funds and fixed maturity plan mutual funds, which are classified as FVTPL are measured using net asset values at the reporting date multiplied by the quantity held. Fair value of investments in non-convertible debentures, government securities, commercial papers and bonds classified as FVTOCI is determined based on the indicative quotes of price and yields prevailing in the market at the reporting date. Fair value of investments in equity instruments classified as FVTOCI or FVTPL is determined using market approach primarily based on market multiples method.

The fair value of derivative financial instruments is determined based on observable market inputs including currency spot and forward rates, yield curves and currency volatility.

17

Fair value hierarchy

The table below analyses financial instruments carried at fair value, by valuation method. The different levels have been defined as follows:

Level 1 – Quoted prices (unadjusted) in active markets for identical assets or liabilities.

Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices).

Level 3 – Inputs for the assets or liabilities that are not based on observable market data (unobservable inputs).

There were no transfers between Level 1, 2 and 3 during the year ended March 31, 2025 and nine months ended December 31, 2025.

The following table presents fair value hierarchy of assets and liabilities measured at fair value on a recurring basis:

As at
March 31, 2025 December 31, 2025
Fair value measurements at reporting date Fair value measurements at reporting date
Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3
Assets
Derivative instruments:
Cash flow hedges 715 — 715 — 50 — 50 —
Others 1,105 — 1,105 — 98 — 98 —
Investments:
Short-term mutual funds 88,776 88,776 — — 133,737 133,737 — —
Fixed maturity plan mutual funds 1,503 — 1,503 — 1,265 — 1,265 —
Equity instruments 17,448 57 — 17,391 19,504 42 — 19,462
Non-convertible debentures, government securities,<br>commercial papers and bonds 254,036 10,550 243,486 — 227,988 10,018 217,970 —
Liabilities
Derivative instruments:
Cash flow hedges (893 ) — (893 ) — (4,587 ) — (4,587 ) —
Others (75 ) — (75 ) — (658 ) — (658 ) —
Liability on written put options to non-controlling<br>interests (4,945 ) — — (4,945 ) (5,641 ) — — (5,641 )
Contingent consideration (1,864 ) — — (1,864 ) (1,835 ) — — (1,835 )

All values are in Indian Rupees.

The following methods and assumptions were used to estimate the fair value of the level 2 financial instruments included in the above table.

Financial instrument Method and assumptions
Derivative instruments (assets and liabilities) The Company enters into derivative financial instruments with various counterparties, primarily banks with investment grade credit ratings. Derivatives valued using valuation techniques with market observable inputs are mainly<br>interest rate swaps, foreign exchange forward contracts and foreign exchange option contracts. The most frequently applied valuation techniques include forward pricing, swap models and Black Scholes models (for option valuation), using present value<br>calculations. The models incorporate various inputs including the credit quality of counterparties, foreign exchange spot and forward rates, interest rate curves and forward rate curves of the underlying. As at December 31, 2025, the changes in<br>counterparty credit risk had no material effect on the hedge effectiveness assessment for derivatives designated in hedge relationships and other financial instruments recognized at fair value.
Investment in non-convertible debentures, government securities, commercial papers and bonds Fair value of these instruments is derived based on the indicative quotes of price and yields prevailing in the market as at reporting date.
Investment in fixed maturity plan mutual funds Fair value of these instruments is derived based on the indicative quotes of price prevailing in the market as at reporting date.

18

The following methods and assumptions were used to estimate the fair value of the level 3 financial instruments included in the above table.

Financial instrument Method and assumptions
Investment in equity instruments Fair value of these instruments is determined using market approach primarily based on market multiples method.
Contingent consideration and liability on written put options to non-controlling interests Fair value of these instruments is determined using valuation techniques which includes inputs relating to risk-adjusted revenue and operating profit forecast.

The following table presents changes in Level 3 assets and liabilities for the year ended March 31, 2025 and nine months ended December 31, 2025:

As at
Investment in equity instruments March 31, 2025 December 31, 2025
Balance at the beginning of the period 20,126 17,391
Additions 1,925 1,677
Disposals ^(1) (2)^ (1,828 ) (651 )
Gain/(loss) recognized in consolidated statement of income 321 601
Gain/(loss) recognized in other comprehensive income (3,609 ) (474 )
Translation adjustment 456 918
Balance at the end of the period 17,391 19,462

All values are in Indian Rupees.

^(1)^ During the year ended March 31, 2025, as a result of an acquistion by another investors, the Company sold<br>its shares of equity instruments in six companies at a fair value of ₹ 1,281 and recognized a cumulative loss of ₹ 175 in other comprehensive income and cumulative gain of ₹ 152 in consolidated statement of income.
^(2)^ During the nine months ended December 31, 2025, as a result of an acquistion by another investors, the<br>Company sold its shares of equity instruments in two companies at a fair value of ₹ 181 and recognized a cumulative gain of ₹ 161 in other comprehensive income and cumulative loss of ₹ 137 in consolidated statement of income.
:--- :---
As at
--- --- --- --- --- --- ---
Contingent consideration March 31, 2025 December 31, 2025
Balance at the beginning of the period (429 ) (1,864 )
(Addition)/Reversals ^(1)^ 169 (48 )
Addition through Business combination (1,537 ) —
Payouts — 319
Finance expense recognized in consolidated statement of income (47 ) (148 )
Translation adjustment (20 ) (94 )
Balance at the end of the period (1,864 ) (1,835 )

All values are in Indian Rupees.

^(1)^ Towards change in fair value of earn-out liability as a result of<br>changes in estimates of revenue and earnings over the earn-out period.
As at
--- --- --- --- --- --- ---
Liability on written put options to non-controlling interests March 31, 2025 December 31, 2025
Balance at the beginning of the period (4,303 ) (4,945 )
Finance expense recognized in consolidated statement of income (530 ) (428 )
Translation adjustment (112 ) (268 )
Balance at the end of the period (4,945 ) (5,641 )

All values are in Indian Rupees.

Derivative assets and liabilities

The Company is exposed to currency fluctuations on foreign currency assets / liabilities, forecasted cash flows denominated in foreign currency and net investment in foreign operations. The Company is also exposed to interest rate fluctuations on investments in floating rate financial assets and floating rate borrowings. The Company follows established risk management policies, including the use of derivatives to hedge foreign currency assets / liabilities, interest rates, foreign currency forecasted cash flows and net investment in foreign operations. The counter parties in these derivative instruments are primarily banks and the Company considers the risks of non-performance by the counterparty as immaterial.

The Company determines the existence of an economic relationship between the hedging instrument and the hedged item based on the currency, amount and timing of its forecasted cash flows. Hedge effectiveness is determined at the inception of the hedge relationship, and through periodic prospective effectiveness assessments to ensure that an economic relationship exists between the hedged item and hedging instrument, including whether the hedging instrument is expected to offset changes in cash flows of hedged items.

If the hedge ratio for risk management purposes is no longer optimal but the risk management objective remains unchanged and the hedge continues to qualify for hedge accounting, the hedge relationship will be rebalanced by adjusting either the volume of the hedging instrument or the volume of the hedged item so that the hedge ratio aligns with the ratio used for risk management purposes. Any hedge ineffectiveness is calculated and accounted for in consolidated statement of income at the time of the hedge relationship rebalancing.

19

The following table summarizes activity in the cash flow hedging reserve within equity related to all derivative instruments classified as cash flow hedges:

Nine months endedDecember 31,
2024 2025
Balance as at the beginning of the period 773 (275 )
Changes in fair value of effective portion of derivatives (1,958 ) (6,759 )
Deferred cancellation gain/(loss), net (102 ) 6
Net (gain)/loss reclassified to consolidated statement of income on occurrence of hedged<br>transactions ^(1)^ (454 ) 2,877
Net (gain)/loss on ineffective portion of derivative instruments classified to consolidated<br>statement of income 43 —
Translation gain — 7
Gain/(loss) on cash flow hedging derivatives, net (2,471 ) (3,869 )
Balance as at the end of the period (1,698 ) (4,144 )
Deferred tax asset/(liability) thereon 437 1,014
Balance as at the end of the period, net of deferred taxes (1,261 ) (3,130 )

All values are in Indian Rupees.

^(1)^ Includes net (gain)/loss reclassified to revenue of<br>₹ (346) and ₹ 3,318 for the nine months ended December 31, 2024, and<br>2025, respectively; net (gain)/loss reclassified to cost of revenues of ₹ (13) and<br>₹ (389) for the nine months ended December 31, 2024, and 2025, respectively; net (gain)/loss reclassified to finance expenses of<br>₹ (168) and ₹ (52) for the nine months ended December 31, 2024, and<br>2025, respectively and net (gain)/loss reclassified to finance and other income of ₹ 73 and<br>₹ Nil for the nine months ended December 31, 2024, and 2025, respectively.

The related hedge transactions for balance in cash flow hedging reserves as at December 31, 2025 are expected to occur and be reclassified to the statement of income over a period of 28 months.

As at December 31, 2024 and 2025, there were no material gains or losses on derivative transactions or portions thereof that have become ineffective as hedges or associated with an underlying exposure that did not occur.

19. Foreign currency translation reserve and Other reserves

The movement in foreign currency translation reserve attributable to equity holders of the Company is summarized below:

Nine months endedDecember 31,
2024 2025
Balance at the beginning of the period 47,261 54,500
Translation difference related to foreign operations, net 5,520 24,870
Reclassification of foreign currency translation differences on liquidation of subsidiaries to<br>statement of income 14 —
Others — (5 )
Balance at the end of the period 52,795 79,365

All values are in Indian Rupees.

The movement in other reserves is summarized below:

Other Reserves
Particulars Remeasurementsof the definedbenefit plans Investment in debtinstrumentsmeasured at fairvalue through OCI Investment inequity instrumentsmeasured at fairvalue through OCI CapitalRedemptionReserve Gross obligation tonon-controllinginterests underput options
As at April 1, 2024 (286 ) 1,397 10,320 1,661 (4,238 )
Other comprehensive income 159 611 (533 ) — —
Bonus issue of equity shares (Refer to Note 30) — — — (1,661 ) —
As at December 31, 2024 (127 ) 2,008 9,787 — (4,238 )
As at April 1, 2025 (135 ) 2,360 1,220 — (4,238 )
Other comprehensive income (214 ) (472 ) (485 ) — —
As at December 31, 2025 (349 ) 1,888 735 — (4,238 )

All values are in Indian Rupees.

20

20. Income taxes

Three months ended December 31, Nine months ended December 31,
2024 2025 2024 2025
Income tax expense as per the consolidated statement of income 10,866 9,889 31,228 29,307
Income tax included in other comprehensive income on:
Gains/(losses) on investment securities (99 ) (88 ) 3 (57 )
Gains/(losses) on cash flow hedging derivatives (354 ) (98 ) (632 ) (951 )
Remeasurements of the defined benefit plans (94 ) (77 ) 75 (89 )
10,319 9,626 30,674 28,210

All values are in Indian Rupees.

Income tax expense consists of the following:

Three months ended December 31, Nine months ended December 31,
2024 2025 2024 2025
Current tax expense 10,829 8,279 32,349 29,664
Deferred tax expense/(reversal) 37 1,610 (1,121 ) (357 )
10,866 9,889 31,228 29,307

All values are in Indian Rupees.

Income tax expenses are net of provision recorded/(reversal) of taxes pertaining to earlier periods, amounting to ₹ (815) and ₹ (263) for the three months ended December 31, 2024 and 2025, and ₹ (1,617) and ₹ (3,773) for the nine months ended December 31, 2024 and 2025, respectively.

The Pillar Two legislations are neither enacted nor substantively enacted by Government of India, where the Parent company is incorporated. Pillar Two legislation has been enacted, or substantively enacted, in certain other jurisdictions where the Company operates. However, the Company does not expect any material financial impact for the three and nine months ended December 31, 2025. The Company is continuing to assess the impact, if any, of Pillar Two income taxes legislation on future financial performance.

21. Revenues

The tables below present disaggregated revenue from contracts with customers by business segment (Refer to Note 28 “Segment Information”), sector and nature of contract. The Company believes that the below disaggregation best depicts the nature, amount, timing and uncertainty of revenue and cash flows from economic factors.

21

Information on disaggregation of revenues for the three months ended December 31, 2024 is as follows:

IT Services IT Products Total
Americas 1 Americas 2 Europe APMEA Total
A. Revenue
Rendering of services 71,894 67,998 59,274 23,275 222,441 — 222,441
Sale of products — — — — — 747 747
71,894 67,998 59,274 23,275 222,441 747 223,188
B. Revenue by sector
Banking, Financial Services and Insurance 305 43,563 22,428 9,556 75,852
Health 28,476 59 3,275 882 32,692
Consumer 26,075 1,800 10,670 3,688 42,233
Technology and Communications 16,183 5,955 8,277 3,555 33,970
Energy, Manufacturing and Resources 855 16,621 14,624 5,594 37,694
71,894 67,998 59,274 23,275 222,441 747 223,188
C. Revenue by nature of contract
Fixed price and volume based 37,063 34,704 35,451 14,174 121,392 — 121,392
Time and materials 34,831 33,294 23,823 9,101 101,049 — 101,049
Products — — — — — 747 747
71,894 67,998 59,274 23,275 222,441 747 223,188

All values are in Indian Rupees.

Information on disaggregation of revenues for the three months ended December 31, 2025 is as follows:

IT Services IT Products Total
Americas 1 Americas 2 Europe APMEA Total
A. Revenue
Rendering of services 77,586 67,475 62,183 25,749 232,993 — 232,993
Sale of products — — — — — 2,565 2,565
77,586 67,475 62,183 25,749 232,993 2,565 235,558
B. Revenue by sector
Banking, Financial Services and Insurance 201 43,525 25,047 11,795 80,568
Health 30,130 402 3,326 932 34,790
Consumer 26,868 891 11,160 3,461 42,380
Technology and Communications 18,677 5,518 9,421 3,612 37,228
Energy, Manufacturing and Resources 1,710 17,139 13,229 5,949 38,027
77,586 67,475 62,183 25,749 232,993 2,565 235,558
C. Revenue by nature of contract
Fixed price and volume based 39,934 31,519 37,253 15,957 124,663 — 124,663
Time and materials 37,652 35,956 24,930 9,792 108,330 — 108,330
Products — — — — — 2,565 2,565
77,586 67,475 62,183 25,749 232,993 2,565 235,558

All values are in Indian Rupees.

22

Information on disaggregation of revenues for the nine months ended December 31, 2024 is as follows:

IT Services IT Products Total
Americas 1 Americas 2 Europe APMEA Total
A. Revenue
Rendering of services 208,158 203,448 181,695 70,662 663,963 — 663,963
Sale of products — — — — — 1,879 1,879
208,158 203,448 181,695 70,662 663,963 1,879 665,842
B. Revenue by sector
Banking, Financial Services and Insurance 976 128,644 69,627 28,391 227,638
Health 80,014 107 10,858 2,465 93,444
Consumer 77,477 5,580 32,284 11,541 126,882
Technology and Communications 47,322 18,515 24,142 11,769 101,748
Energy, Manufacturing and Resources 2,369 50,602 44,784 16,496 114,251
208,158 203,448 181,695 70,662 663,963 1,879 665,842
C. Revenue by nature of contract
Fixed price and volume based 107,892 103,383 107,997 41,723 360,995 — 360,995
Time and material 100,266 100,065 73,698 28,939 302,968 — 302,968
Products — — — — — 1,879 1,879
208,158 203,448 181,695 70,662 663,963 1,879 665,842

All values are in Indian Rupees.

Information on disaggregation of revenues for the nine months ended December 31, 2025 is as follows:

IT Services IT Products Total
Americas 1 Americas 2 Europe APMEA Total
A. Revenue
Rendering of services 225,285 201,339 178,324 74,510 679,458 — 679,458
Sale of products — — — — — 4,419 4,419
225,285 201,339 178,324 74,510 679,458 4,419 683,877
B. Revenue by sector
Banking, Financial Services and Insurance 667 128,475 69,370 33,657 232,169
Health 86,607 972 9,556 2,595 99,730
Consumer 79,093 2,933 32,593 10,036 124,655
Technology and Communications 54,351 16,482 25,630 10,037 106,500
Energy, Manufacturing and Resources 4,567 52,477 41,175 18,185 116,404
225,285 201,339 178,324 74,510 679,458 4,419 683,877
C. Revenue by nature of contract
Fixed price and volume based 113,393 94,269 102,550 45,644 355,856 — 355,856
Time and materials 111,892 107,070 75,774 28,866 323,602 — 323,602
Products — — — — — 4,419 4,419
225,285 201,339 178,324 74,510 679,458 4,419 683,877

All values are in Indian Rupees.

23

22. Expenses by nature

Three months ended December 31, Nine months ended December 31,
2024 2025 2024 2025
Employee compensation ^(1)^ 133,035 142,009 400,023 412,447
Sub-contracting and technical fees 25,903 27,667 75,252 79,743
Cost of hardware and software 778 2,461 2,329 4,018
Travel 3,164 3,054 10,937 10,180
Facility expenses 3,884 4,087 11,954 11,804
Software license expense for internal use 5,080 5,701 14,387 15,915
Depreciation, amortization and impairment ^(2)^ 6,765 8,050 22,362 21,822
Communication 871 831 2,943 2,519
Legal and professional fees 2,842 2,836 8,137 7,538
Rates, taxes and insurance 1,503 1,736 4,114 4,152
Marketing and brand building 1,032 774 2,674 2,557
Lifetime expected credit loss/(write-back) (608 ) 973 (41 ) 2,982
(Gain)/loss on sale of property, plant and equipment, net ^(3)^ 77 (33 ) (766 ) (563 )
Miscellaneous expenses ^(4)^ 306 465 (839 ) 1,003
Total cost of revenues, selling and marketing expenses and general and administrative<br>expenses 184,632 200,611 553,466 576,117

All values are in Indian Rupees.

^(1)^ Employee compensation includes impact of past service cost on gratuity due to implementation of new labour code<br>of ₹ 3,028 during the three and nine months ended December 31, 2025.
^(2)^ Depreciation, amortization and impairment includes an impairment charge on intangible assets amounting to ₹ Nil and ₹ 841 for the three months ended December 31, 2024 and 2025,<br>respectively and ₹ 1,149 and ₹ 841 for the nine months ended<br>December 31, 2024 and 2025, respectively (Refer to Note 6).
:--- :---
^(3)^ (Gain)/loss on sale of property, plant and equipment for the nine months ended December 31, 2024, 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 nine months ended<br>December 31, 2025, includes gain on transfer of building of ₹ (405).
:--- :---
^(4)^ Miscellaneous expenses are net of insurance claim received of ₹ 1,805 during the nine months ended December 31, 2024.
:--- :---

23. Finance expenses

Three months ended December 31, Nine months ended December 31,
2024 2025 2024 2025
Interest on loans, borrowings and bank overdrafts 1,899 1,212 5,334 4,200
Interest on lease liabilities 404 501 1,151 1,438
Interest on liability on written put options to non- controlling interests 268 149 396 427
Other finance expenses 1,575 1,794 4,122 4,811
4,146 3,656 11,003 10,876

All values are in Indian Rupees.

24. Finance and other income and Foreign exchange gains/(losses), net

Three months ended December 31, Nine months ended December 31,
2024 2025 2024 2025
Interest income 7,478 6,856 19,681 21,181
Dividend income from equity investments designated as
FVTOCI — — 1 2
Net gain from investments classified as FVTPL 2,302 2,327 6,773 6,565
Net gain from investments classified as FVTOCI (72 ) 49 (72 ) 356
Finance and other income 9,708 9,232 26,383 28,104
Foreign exchange gains/(losses), net, on financial
instruments measured at FVTPL (350 ) (500 ) (903 ) (2,435 )
Other foreign exchange gains/(losses), net 760 1,288 711 3,963
Foreign exchange gains/(losses), net 410 788 (192 ) 1,528

All values are in Indian Rupees.

25. Earnings per equity share

A reconciliation of profit for the period and equity shares used in the computation of basic and diluted earnings per equity share is set out below:

Basic: Basic earnings per equity share is calculated by dividing the profit attributable to equity shareholders of the Company by the weighted average number of equity shares outstanding during the period, excluding equity shares purchased by the Company and held as treasury shares.

24

Three months ended December 31, Nine months ended December 31,
2024 2025 2024 2025
Profit attributable to equity holders of the Company 33,538 31,190 95,658 96,956
Weighted average number of equity shares outstanding 10,457,414,881 10,477,008,222 10,454,728,795 10,475,167,174
Basic earnings per equity share 3.21 2.98 9.15 9.26

All values are in Indian Rupees.

Diluted: Diluted earnings per equity share is calculated by adjusting the weighted average number of equity shares outstanding during the period for assumed conversion of all dilutive potential equity shares. Employee share options are dilutive potential equity shares for the Company.

The calculation is performed in respect of share options to determine the number of equity shares that could have been acquired at fair value (determined as the average market price of the Company’s equity shares during the period). The number of equity shares calculated as above is compared with the number of equity shares that would have been issued assuming the exercise of the share options.

Three months ended December 31, Nine months ended December 31,
2024 2025 2024 2025
Profit attributable to equity holders of the Company 33,538 31,190 95,658 96,956
Weighted average number of equity shares outstanding 10,457,414,881 10,477,008,222 10,454,728,795 10,475,167,174
Effect of dilutive equivalent share options 25,549,129 21,238,789 26,707,915 24,757,873
Weighted average number of equity shares for diluted earnings per equity share 10,482,964,010 10,498,247,011 10,481,436,710 10,499,925,047
Diluted earnings per equity share 3.20 2.97 9.13 9.23

All values are in Indian Rupees.

26. Employee compensation

Three months ended December 31, Nine months ended December 31,
2024 2025 2024 2025
Salaries and bonus 126,258 132,200 380,914 390,312
Employee benefits plans 5,065 8,444 14,762 19,070
Share-based compensation ^(1)^ 1,712 1,365 4,347 3,065
133,035 142,009 400,023 412,447

All values are in Indian Rupees.

^(1)^ Includes ₹ (3) and ₹ Nil for the three months ended December 31, 2024 and 2025, respectively and<br>₹ (8) and ₹ Nil for the nine months ended December 31, 2024 and 2025,<br>respectively, towards cash settled ADS RSUs.

The employee benefit cost is recognized in the following line items in the interim condensed consolidated statement of income:

Three months ended December 31, Nine months ended December 31,
2024 2025 2024 2025
Cost of revenues 112,409 121,267 338,529 354,321
Selling and marketing expenses 12,186 10,296 36,562 33,199
General and administrative expenses 8,440 10,446 24,932 24,927
133,035 142,009 400,023 412,447

All values are in Indian Rupees.

The Company has granted below options under RSU and ADS option plan:

Three months ended December 31, Nine months ended December 31,
2024 2025 2024 2025
Restricted Stock Units (RSU) 85,637 20,688 3,431,043 6,732,367
ADS RSU 74,677 637,942 8,470,177 13,468,222
Performance based stock options (RSUs) — — 2,014,993 3,874,099
Performance based stock options (ADS) 25,510 — 5,323,067 8,424,826

Numbers in above table for three and nine months ended December 31, 2024 are not given effect of bonus shares issued during the year ended March 31, 2025.

During the three and nine months ended December 31, 2025, RSU and ADS grants were issued under the Wipro Limited Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. Performance based stock options will vest based on the performance parameters of the Company.

27. Commitments and contingencies

Capital commitments: As at March 31, 2025 and December 31, 2025 the Company had committed to spend approximately ₹ 8,719 and ₹ 6,885 respectively, under agreements to purchase/ construct property and equipment. These amounts are net of capital advances paid in respect of these purchases. Refer to Note 8 for uncalled capital commitments on investment in equity instruments.

Guarantees: As at March 31, 2025 and December 31, 2025, guarantees provided by banks on behalf of the Company to the Indian Government, customers and certain other agencies aggregate to ₹ 13,110 and ₹ 13,792 respectively, as part of the bank line of credit.

25

Contingencies and lawsuits: The Company is subject to legal proceedings and claims resulting from tax assessment orders/ penalty notices issued under the Income Tax Act, 1961, which have arisen in the ordinary course of its business. Some of the claims involve complex issues and it is not possible to make a reasonable estimate of the expected financial effect, if any, that will result from ultimate resolution of such proceedings. However, the resolution of these legal proceedings is not likely to have a material and adverse effect on the results of operations or the financial position of the Company.

The Company’s assessments in India are completed for the years up to March 31, 2021. The Company has received demands on multiple tax issues. These claims are primarily arising out of denial of deduction under section 10A of the Income Tax Act, 1961 in respect of profit earned by the Company’s undertaking in Software Technology Park at Bengaluru, the appeals filed against the said demand before the Appellate authorities have been allowed in favor of the Company by the second appellate authority for the years up to March 31, 2008 which either has been or may be contested by the Income tax authorities before the Hon’ble Supreme Court of India. Other claims relate to disallowance of tax benefits on profits earned from Software Technology Park and Special Economic Zone units, capitalization of research and development expenses, transfer pricing adjustments on intercompany / inter unit transactions and other issues.

Income tax claims against the Company amounting to ₹ 99,431 and ₹ 103,622 are not acknowledged as debt as at March 31, 2025 and December 31, 2025, respectively. These matters are pending before various Appellate Authorities and the management expects its position will likely be upheld on ultimate resolution and will not have a material adverse effect on the Company’s financial position and results of operations.

The contingent liability in respect of disputed demands for excise duty, custom duty, sales tax and other matters amounting to ₹ 19,292 and ₹ 20,663 as of March 31, 2025, and December 31, 2025, respectively. However, the resolution of these disputed demands is not likely to have a material and adverse effect on the results of operations or the financial position of the Company.

28. 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 1 and Americas 2 are primarily organized by industry sector, while Europe and APMEA are organized by countries.

Americas 1 includes the entire business of Latin America (“LATAM”) and the following industry sectors in the United States of America: Communication, Media and Networks, Technology Software and Gaming, Technology New Age, Health, and Consumer. Americas 2 includes the entire business in Canada and the following industry sectors in the United States of America: Banking and Financial services, Energy, Manufacturing and Resources, Capital markets and Insurance, and Hi-tech. Europe consists of the United Kingdom and Ireland, Switzerland, Germany and Western Europe. APMEA consists of Australia and New Zealand, Southeast Asia, Japan, India, the Middle East, and Africa.

Revenue from each customer is attributed to the respective 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 IFRS 8, “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.

26

Information on reportable segments for the three months ended December 31, 2024, is as follows:

IT Services IT Products ReconcilingItems Total
Americas 1 Americas 2 Europe APMEA Total
Revenue 72,010 68,120 59,282 23,439 222,851 747 — 223,598
Segment result 14,966 15,275 7,600 3,667 41,508 29 (53 ) 41,484
Unallocated (2,518) — — (2,518)
Segment result total 38,990 29 (53 ) 38,966
Finance expenses (4,146)
Finance and other income 9,708
Share of net profit/(loss) of associate and joint venture accounted for using the equity<br>method 5
Profit before tax 44,533
Income tax expense (10,866)
Profit for the period 33,667
Depreciation, amortization and impairment 6,765

All values are in Indian Rupees.

Information on reportable segments for the three months ended December 31, 2025, is as follows:

IT Services IT Products ReconcilingItems Total
Americas 1 Americas 2 Europe APMEA Total
Revenue 77,809 67,708 62,405 25,859 233,781 2,565 — 236,346
Segment result 16,409 14,450 8,003 3,583 42,445 227 (5,678 ) 36,994
Unallocated (1,259) — — (1,259)
Segment result total 41,186 227 (5,678 ) 35,735
Finance expenses (3,656)
Finance and other income 9,232
Share of net profit/(loss) of associate and joint venture accounted for using the equity<br>method 28
Profit before tax 41,339
Income tax expense (9,889)
Profit for the period 31,450
Depreciation, amortization and impairment 8,050

All values are in Indian Rupees.

27

Information on reportable segments for the nine months ended December 31, 2024, is as follows:

IT Services IT Products ReconcilingItems Total
Americas 1 Americas 2 Europe APMEA Total
Revenue 208,103 203,390 181,525 70,753 663,771 1,879 — 665,650
Segment result 41,991 45,813 21,294 9,178 118,276 (201 ) 16 118,091
Unallocated (5,907 ) — — (5,907 )
Segment result total 112,369 (201 ) 16 112,184
Finance expense (11,003)
Finance and other income 26,383
Share of net profit/(loss) of associate and joint venture accounted for using the equity<br>method (37)
Profit before tax 127,527
Income tax expense (31,228)
Profit for the year 96,299
Depreciation, amortization and impairment 22,362

All values are in Indian Rupees.

Information on reportable segments for the nine months ended December 31, 2025, is as follows:

IT Services IT Products ReconcilingItems Total
Americas 1 Americas 2 Europe APMEA Total
Revenue 225,727 201,789 178,753 74,717 680,986 4,419 ₹— 685,405
Segment result 46,838 40,957 20,991 9,870 118,656 348 (8,189) 110,815
Unallocated (1,527 ) — — (1,527 )
Segment result total 117,129 348 (8,189 ) 109,288
Finance expense (10,876)
Finance and other income 28,104
Share of net profit/(loss) of associate and joint venture accounted for using the equity<br>method 230
Profit before tax 126,746
Income tax expense (29,307)
Profit for the year 97,439
Depreciation, amortization and impairment 21,822

All values are in Indian Rupees.

28

Revenues from India, being Company’s country of domicile, is ₹ 5,311 and ₹ 5,931 for the three months ended December 31, 2024, and 2025, respectively and ₹ 15,428 and ₹ 16,521 for the nine months ended December 31, 2024, and 2025, respectively.

Revenues from United States of America and United Kingdom contributed more than 10% of Company’s total revenues as per table below:

Three months ended December 31, Nine months ended December 31,
2024 2025 2024 2025
United States of America 133,884 141,437 393,558 411,320
United Kingdom 22,946 25,557 72,287 70,367
156,830 166,994 465,845 481,687

All values are in Indian Rupees.

No customer individually accounted for more than 10% of the revenues during the three and nine months ended December 31, 2024 and 2025.

Management believes that it is currently not practicable to provide disclosure of geographical location wise assets, since the meaningful segregation of the available information is onerous.

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.
:--- :---
c) For the purpose of segment reporting, the Company has included the impact of “foreign exchange<br>gains/(losses), net” in revenues, which is reported as a part of operating profit in the interim condensed consolidated statement of income.
:--- :---
d) Restructuring cost of<br>₹ Nil and ₹ 2,629 for the three months ended December 31, 2024 and<br>2025, respectively and ₹ Nil and ₹ 5,139 for the nine months ended<br>December 31, 2024 and 2025, respectively is included under Reconciling items.
:--- :---
e) Impact of past service cost on gratuity due to implementation of new labour code amounting to ₹ 3,028 for the three and nine months ended December 31, 2025, is included under Reconciling items.
:--- :---
f) “Unallocated” within IT Services segment includes:
:--- :---
Three months ended December 31, Nine months ended December 31,
--- --- --- --- --- --- --- --- --- ---
2024 2025 2024 2025
Amortization and impairment expenses on intangible assets (Refer to Note 6) 1,577 2,652 6,278 5,947
Change in fair value of contingent consideration (Refer to Note 18) — ^ (167 ) 48

All values are in Indian Rupees.

^ Value is less than 0.5

g) Segment results of IT Services segment are after recognition of share-based compensation expense of ₹ 1,712 and ₹ 1,365 for the three months ended December 31, 2024 and 2025,<br>respectively and ₹ 4,347 and ₹ 3,065 for the nine months ended<br>December 31, 2024 and 2025, respectively.
h) Segment results of IT Services segment are after recognition of (gain)/loss on sale of property, plant and<br>equipment of ₹ 77 and ₹ (33) for the three months ended December 31,<br>2024 and 2025, respectively and ₹ (766) and ₹ (563) for the nine months<br>ended December 31, 2024 and 2025, respectively.
:--- :---

29. List of subsidiaries, associate and joint venture as at December 31, 2025 is provided below:

Subsidiaries Subsidiaries Subsidiaries Country of<br>Incorporation Holding
Attune Consulting India Private Limited India 100.00%
Capco Technologies Private Limited India 100.00%
Wipro Chengdu Limited China 8.96%
Wipro Holdings (UK) Limited Wipro Technologies SRL U.K.<br>Romania 100.00%<br><br>^
Wipro IT Services Bangladesh Limited Bangladesh 100.00%
Wipro IT Services UK Societas U.K. 100.00%
Capco Consulting Middle East UAE 100.00%
FZE ^(2)^
Designit A/S Denmark 100.00%
Designit Denmark A/S Denmark 100.00%
Designit Germany GmbH Germany 100.00%
Designit Oslo A/S Norway 100.00%
Designit Spain Digital, S.L.U Spain 100.00%

29

Designit T.L.V Ltd. Israel 100.00%
Wipro Bahrain Limited Co. W.L.L Bahrain 100.00%
Wipro Czech Republic IT Services s.r.o. Czech Republic 100.00%
Wipro CRM Services Belgium 100.00%
Wipro 4C Consulting France SAS France 100.00%
Wipro CRM Services B.V. Netherlands 100.00%
Wipro CRM Services ApS Denmark 100.00%
Wipro CRM Services UK Limited U.K. 100.00%
Grove Holdings 2 S.á.r.l Luxembourg 100.00%
Capco Solution Services GmbH Germany 100.00%
The Capital Markets Company Italy 100.00%
Italy Srl
Capco Brasil Serviços E Brazil 99.99%
Consultoria Ltda
The Capital Markets Company BV ^(1)^ Belgium 100.00%
PT. WT Indonesia Indonesia 99.60%
Rainbow Software LLC Iraq 100.00%
Wipro Arabia Limited Saudi Arabia 66.67%
Women’s Business Park Saudi Arabia 100.00%
Technologies Limited
Wipro Doha LLC Qatar 100.00%
Wipro Financial Outsourcing U.K. 100.00%
Services Limited
Wipro UK Limited U.K. 100.00%
Wipro Gulf LLC Sultanate of<br>Oman 99.98%
Wipro Information Technology Netherlands 100.00%
Netherlands BV.
Wipro Gulf LLC Sultanate of<br>Oman 0.02%
Wipro Technologies SA Argentina 2.62%
Wipro (Thailand) Co. Limited Thailand 0.03%
Wipro Technologies GmbH Germany 14.87%
Wipro Do Brasil Sistemas De Brazil 0.07%
Informatica Ltda
Wipro do Brasil Technologia Ltda ^(1)^ Brazil 99.44%
Wipro Information Technology Kazakhstan 100.00%
Kazakhstan LLP
Wipro Outsourcing Services Ireland 100.00%
(Ireland) Limited
Wipro Portugal S.A. ^(1)^ Portugal 100.00%
Wipro Solutions Canada Limited Canada 100.00%
Wipro Technologies Limited Russia 99.99%
Wipro Technologies Peru SAC Peru 99.98%
Wipro Technologies W.T. Costa Rica 100.00%
Sociedad Anonima
Wipro Technology Chile SPA Chile 100.00%
Applied Value Technologies B.V. Netherlands 100.00%
Wipro IT Service Ukraine, LLC Ukraine 100.00%
Wipro IT Services Poland SP Z.O.O Poland 100.00%
Wipro IT Services S.R.L. Romania 100.00%
Wipro Regional Headquarter Saudi Arabia 100.00%
Wipro Technologies Australia Pty Ltd Australia 100.00%
Wipro Ampion Holdings Pty Ltd ^(1)^ Australia 100.00%
Wipro Technologies SA Argentina 97.38%
Wipro Technologies SA DE CV Mexico 91.08%
Wipro Technologies South Africa (Proprietary) Limited South Africa 69.42%

30

Wipro Technologies Nigeria Limited Nigeria 99.84%
Wipro Technologies SRL Romania 100.00%
Wipro (Thailand) Co. Limited Thailand 99.97%
Wipro Shanghai Limited China 84.63%
Wipro Technologies Nigeria Limited Nigeria 0.16%
Wipro Technologies Limited Russia 0.01%
Wipro Technologies Peru SAC Peru 0.02%
Wipro Japan KK Japan 100.00%
Wipro Networks Pte Limited Singapore 100.00%
Applied Value Technologies Pte. Limited Singapore 100.00%
Wipro Chengdu Limited China 91.04%
PT. WT Indonesia Indonesia 0.40%
Wipro (Thailand) Co. Limited Thailand ^
Wipro (Dalian) Limited China 100.00%
Wipro Technologies SDN BHD Malaysia 100.00%
Wipro (Tianjin) Limited ^(3)^ China 100.00%
Wipro Philippines, Inc. Philippines 100.00%
Wipro Shanghai Limited China 15.37%
Wipro Travel Services Limited India 100.00%
Wipro, LLC USA 100.00%
Wipro Technologies SA DE CV Mexico 8.92%
Wipro Gallagher Solutions, LLC USA 100.00%
Wipro Insurance Solutions, LLC USA 100.00%
Wipro IT Services, LLC USA 100.00%
Aggne Global Inc. USA 60.00%
Cardinal US Holdings, Inc.^(1)^ USA 100.00%
Edgile, LLC USA 100.00%
HealthPlan Services, Inc. ^(1)^ USA 100.00%
Infocrossing, LLC USA 100.00%
International TechneGroup USA 100.00%
Incorporated ^(1)^
Wipro NextGen Enterprise Inc. ^(1)^ USA 100.00%
Rizing Intermediate Holdings, Inc. ^(1)^ USA 100.00%
Wipro Appirio, Inc. ^(1)^ USA 100.00%
Wipro Designit Services, Inc. ^(1)^ USA 100.00%
Wipro Telecom Consulting LLC USA 100.00%
Wipro VLSI Design Services, LLC USA 100.00%
Applied Value Technologies, Inc. USA 100.00%
Aggne Global IT Services Private Limited India 60.00%
Wipro, Inc. USA 100.00%
Wipro Life Science Solutions, LLC USA 100.00%
Wipro Connected Services, Inc. USA 100.00%
(Formerly known as Harman
Connected Services, Inc.) ^(4) (5)^
Harman Connected Services Mauritius Pvt Ltd. Mauritius 100.00%
Harman Connected Services Corporation India Pvt. Ltd. India 98.40%
Harman Connected Services India 1.60%
Corporation India Pvt. Ltd.
Wipro Connected Services USA 100.00%
Engineering Corp. (Formerly
known as Harman Connected
Services Engineering Corp.)
Harman Connected Services UK Limited UK 100.00%
Harman Connected Services Morocco Morocco 100.00%

31

Wipro Connected Services US USA 100.00%
Midco LLC (Formerly known as
Harman Connected Services US Midco LLC)
Harman Connected Services <sub>AB</sub> ^(1)^ Sweden 100.00%
The Wipro SA Broad Based
Ownership Scheme Trust
Wipro SA Broad Based Ownership 100.00%
Scheme SPV (RF) (PTY) LTD
Wipro Technologies South Africa (Proprietary) Limited South Africa 30.58%

^ Value is less than 0.01%

The Company controls ‘The Wipro SA Broad Based Ownership Scheme Trust’, ‘Wipro SA Broad Based Ownership Scheme SPV (RF) (PTY) LTD’ incorporated in South Africa and Wipro Foundation in India.

^(2)^ Grove Holdings 2 S.á.r.l. has transferred its entire shareholding in Capco Consulting Middle East FZE to<br>Wipro IT Services UK Societas, effective September 19, 2025.
^(3)^ Wipro (Tianjin) Limited has been incorporated with effect from May 23, 2025, which is 100% held by Wipro<br>Networks Pte Limited.
:--- :---
^(4)^ The Company, through its subsidiaries, has acquired 100% shareholding in Harman Connected Services Inc. and its<br>subsidiaries, effective December 1, 2025.
:--- :---
^(5)^ Wipro Digital Inc., a wholly owned subsidiary, has merged with Harman Connected Services Inc., a step-down<br>subsidiary, effective December 1, 2025.
:--- :---
^(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 Designit Services, Inc., Wipro do Brasil Technologia Ltda, Wipro Portugal S.A.<br>and Harman Connected Services AB are as follows:
:--- :---
Subsidiaries Subsidiaries Subsidiaries Country of<br><br>Incorporation Holding
--- --- :---: --- :---: --- :---: --- :---:
Cardinal US Holdings, Inc. USA
Capco Consulting Services LLC USA 100.00%
Capco RISC Consulting LLC USA 100.00%
The Capital Markets Company USA 100.00%
LLC
HealthPlan Services, Inc. USA
HealthPlan Services Insurance USA 100.00%
Agency, LLC
International TechneGroup Incorporated USA
International TechneGroup Ltd. U.K. 100.00%
ITI Proficiency Ltd Israel 100.00%
MechWorks S.R.L. Italy 100.00%
Wipro NextGen Enterprise Inc. USA
LeanSwift AB Sweden 100.00%
Rizing Intermediate Holdings, Inc. USA
Rizing Lanka (Private) Ltd Sri Lanka 100.00%
Attune Netherlands B.V. ^(6)^ Netherlands 100.00%
Rizing Solutions Canada Inc. Canada 100.00%
Rizing LLC USA 100.00%
Rizing B.V. Netherlands 100.00%
Rizing Consulting Ireland Limited Ireland 100.00%
Rizing Consulting Pty Ltd. Australia 100.00%
Rizing Geospatial LLC USA 100.00%
Rizing GmbH Germany 100.00%
Rizing Limited U.K. 100.00%
Rizing Consulting USA, LLC USA 100.00%
(Formerly known as Rizing
Consulting USA, Inc.)
Rizing Pte Ltd. ^(6)^ Singapore 100.00%

32

The Capital Markets Company BV CapAfric Consulting (Pty) Ltd South Africa 100.00%
Capco Belgium BV Belgium 100.00%
The Capital Markets Company s.r.o Slovakia 15.00%
Capco Consultancy (Thailand) Ltd Thailand 0.04%
Capco Consultancy (Malaysia) Sdn. Bhd Malaysia 100.00%
Capco Consultancy (Thailand) Ltd Thailand 99.92%
Capco Consulting Singapore Pte. Ltd Singapore 100.00%
Capco Greece Single Member P.C Greece 100.00%
Capco Poland sp. z.o.o Poland 100.00%
The Capital Markets Company U.K. 100.00%
(UK) Ltd
Capco Consultancy (Thailand) Ltd Thailand 0.04%
The Capital Markets Company Limited Hong Kong 0.01%
The Capital Markets Company GmbH Germany 100.00%
Capco Austria GmbH Austria 100.00%
The Capital Markets Company Limited Hong Kong 99.99%
The Capital Markets Company Limited Canada 100.00%
Capco Brasil Serviços E Consultoria Ltda Brazil 0.01%
The Capital Markets Company S.á.r.l Switzerland 100.00%
Andrion AG Switzerland 100.00%
The Capital Markets Company S.A.S France 100.00%
The Capital Markets Company s.r.o Slovakia 85.00%
Wipro Ampion Holdings Pty Ltd Australia
Wipro Revolution IT Pty Ltd Australia 100.00%
Wipro Shelde Australia Pty Ltd Australia 100.00%
Wipro Appirio, Inc. USA
Wipro Appirio (Ireland) Limited Ireland 100.00%
Wipro Appirio UK Limited U.K. 100.00%
Topcoder, LLC USA 100.00%
Wipro Designit Services, Inc. USA
Wipro Designit Services Limited Ireland 100.00%
Wipro do Brasil Technologia Ltda Brazil
Wipro do Brasil Servicos Ltda Brazil 100.00%
Wipro Do Brasil Sistemas De Informatica Ltda Brazil 96.84%
Wipro Portugal S.A. Portugal
Wipro do Brasil Technologia Ltda Brazil 0.56%
Wipro Do Brasil Sistemas De Informatica Ltda Brazil 3.09%
Wipro Technologies GmbH Germany 85.13%
Wipro Business Solutions GmbH ^(6)^ Germany 100.00%
Wipro IT Services Austria GmbH Austria 100.00%
Harman Connected Services AB Sweden
Harman Connected Services Solutions (Chengdu) Co. Ltd. China 100.00%

33

^(6)^ Step Subsidiary details of Attune Netherlands B.V., Rizing Pte Ltd. and Wipro Business Solutions GmbH are as<br>follows:
Subsidiaries Subsidiaries Subsidiaries Country of<br><br>Incorporation
--- --- :---: --- :---: --- --- --- :---:
Attune Netherlands B.V. Netherlands
Rizing Germany GmbH Germany 100.00%
Attune Italia S.R.L Italy 100.00%
Attune UK Ltd. U.K. 100.00%
Rizing Pte Ltd. Singapore
Rizing New Zealand Ltd. New Zealand 100.00%
Rizing Philippines Inc. Philippines 100.00%
Rizing SDN BHD Malaysia 100.00%
Rizing Solutions Pty Ltd Australia 100.00%
Wipro Business Solutions GmbH Germany
Wipro Technology Solutions S.R.L Romania 100.00%

As at December 31, 2025, Wipro, LLC held 43.7% interest in Drivestream Inc. and Wipro IT Services LLC held 27% interest in SDVerse LLC, accounted for using the equity method.

The list of controlled trusts are:

Name of the entity Country of incorporation
Wipro Equity Reward Trust India
Wipro Foundation India

Vide the order dated June 06, 2025, the Hon’ble National Company Law Tribunal, Bengaluru bench, approved the scheme of amalgamation for the merger of wholly owned subsidiaries Wipro HR Services India Private Limited, Wipro Overseas IT Services Private Limited, Wipro Technology Product Services Private Limited, Wipro Trademarks Holding Limited and Wipro VLSI Design Services India Private Limited with Wipro Limited. As per the said scheme, the appointed date is April 1, 2025.

30. 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 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, securities premium and retained earnings to the share capital.

31. On November 21, 2025, the Government of India notified four Labour Codes, effective immediately, replacing the existing 29 labour laws. In accordance with IAS 19 – Employee benefits, changes to employee benefit plans arising from legislative amendments are treated as plan amendments, requiring immediate recognition of past service cost in the Statement of Income. This approach is consistent with the guidance issued by the Institute of Chartered Accountants of India.

The implementation of the Labour Codes has resulted in an increase of ₹ 3,028 in the provision for defined benefit obligation, which has been recognized as an employee benefit expense in the current reporting period. The Company continues to monitor the finalization of Central and State Rules, as well as Government clarifications on other aspects of the Labour Codes, and will incorporate appropriate accounting treatment based on these developments as required.

32. Events after the reporting period

The Board of Directors in their meeting held on January 16, 2026, declared an interim dividend of ₹ 6 /- (U.S.$ 0.07) per equity share and ADR (300% on an equity share of par value of ₹ 2 /-).

As per our report of even date attached For and on behalf of the Board of Directors
for Deloitte Haskins & Sells LLP Rishad A. Premji Deepak M. Satwalekar Srinivas Pallia
Chartered Accountants Chairman Director Chief Executive Officer and
Firm Registration No: 117366W/W - 100018 (DIN: 02983899) (DIN:00009627) Managing Director
(DIN: 10574442)
Anand Subramanian Aparna C. Iyer M. Sanaulla Khan
Partner Chief Financial Officer Company Secretary
Membership No. 110815 Membership No.: F4129
Bengaluru
January 16, 2026

34

EX-99.4

Exhibit 99.4

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

AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE THREE AND NINE MONTHS ENDED DECEMBER 31, 2025

UNDER IFRS (IASB)

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

Particulars Three months ended Nine months ended Year ended
December<br>31, 2025 September<br>30, 2025 December<br>31, 2024 December<br>31, 2025 December<br>31, 2024 March 31,<br>2025
Income
a) Revenue from operations 235,558 226,973 223,188 683,877 665,842 890,884
b) Foreign exchange gains/(losses), net 788 558 410 1,528 (192) 32
I Total income 236,346 227,531 223,598 685,405 665,650 890,916
Expenses
a) Purchases of<br>stock-in-trade 2,476 1,056 459 4,077 2,157 2,967
b) Changes in inventories of<br>stock-in-trade (15) (172) 318 (66) 164 195
c) Employee benefits expense 142,009 136,163 133,035 412,447 400,023 533,477
d) Depreciation, amortization and impairment
expense 8,050 6,917 6,765 21,822 22,362 29,579
e) Sub-contracting and technical fees 27,667 26,498 25,903 79,743 75,252 100,148
f) Facility expenses 4,087 3,519 3,884 11,804 11,954 16,067
g) Travel 3,054 3,338 3,164 10,180 10,937 14,095
h) Communication 831 891 871 2,519 2,943 3,842
i) Legal and professional fees 2,836 2,813 2,842 7,538 8,137 11,270
j) Software license expense for internal use 5,701 5,253 5,080 15,915 14,387 19,338
k) Marketing and brand building 774 900 1,032 2,557 2,674 3,591
l) Lifetime expected credit loss/ (write-back) 973 1,507 (608) 2,982 (41) 324
m) (Gain)/loss on sale of property, plant and
equipment, net (33) (464) 77 (563) (766) (606)
n) Other expenses 2,201 1,483 1,810 5,162 3,283 5,358
II Total expenses 200,611 189,702 184,632 576,117 553,466 739,645
III Finance expenses 3,656 3,612 4,146 10,876 11,003 14,770
IV Finance and other income 9,232 8,455 9,708 28,104 26,383 38,202
V Share of net profit/ (loss) of associate and joint
venture accounted for using the equity method 28 152 5 230 (37) 254
VI Profit before tax<br>[I-II-III+IV+V] 41,339 42,824 44,533 126,746 127,527 174,957
VII Tax expense 9,889 10,200 10,866 29,307 31,228 42,777
VIII Profit for the period [VI-VII] 31,450 32,624 33,667 97,439 96,299 132,180
Other comprehensive income (OCI)
Items that will not be reclassified to profit or loss in subsequent periods
Remeasurements of the defined benefit plans, net (240) 238 (231) (231) 150 274
Net change in fair value of investment in equity instruments measured at fair value through OCI (422) (62) (367) (485) (533) (3,476)
Items that will be reclassified to profit or loss in subsequent periods
Foreign currency translation differences 5,050 13,355 1,853 24,988 5,569 7,331
Reclassification of foreign currency translation differences on liquidation of subsidiaries to statement of<br>income — — 1 — 14 (41)
Net change in time value of option contracts designated as cash flow hedges, net of taxes 139 58 269 (77) (95) (189)
Net change in intrinsic value of option contracts designated as cash flow hedges, net of taxes 59 (744) (171) (515) (189) 146
Net change in fair value of forward contracts designated as cash flow hedges, net of taxes (560) (1,772) (1,100) (2,333) (1,555) (745)
Net change in fair value of investment in debt instruments measured at fair value through OCI, net of<br>taxes (495) (565) 37 (472) 611 963

1

IX Total other comprehensive income for the period, net of taxes 3,531 10,508 291 20,875 3,972 4,263
Total comprehensive income for the period [VIII+IX] 34,981 43,132 33,958 118,314 100,271 136,443
X Profit for the period attributable to:
Equity holders of the Company 31,190 32,462 33,538 96,956 95,658 131,354
Non-controlling interests 260 162 129 483 641 826
31,450 32,624 33,667 97,439 96,299 132,180
Total comprehensive income for the period attributable to:
Equity holders of the Company 34,695 42,898 33,783 117,730 99,590 135,595
Non-controlling interests 286 234 175 584 681 848
34,981 43,132 33,958 118,314 100,271 136,443
XI Paid up equity share capital (Par value 2 per share) 20,974 20,968 20,938 20,974 20,938 20,944
XII Reserves excluding revaluation reserves andNon-controlling interests as per balance sheet 807,365
XIII Earnings per share (EPS)
(Equity shares of par value of 2/- each)
(EPS for the three and nine months ended periods are not annualized)
Basic (in ) 2.98 3.10 3.21 9.26 9.15 12.56
Diluted (in ) 2.97 3.09 3.20 9.23 9.13 12.52

All values are in Indian Rupees.

1. The audited consolidated financial results of the Company for the three and nine months ended<br>December 31, 2025, have been approved by the Board of Directors of the Company at its meeting held on January 16, 2026. The Company confirms that its statutory auditors, Deloitte Haskins & Sells LLP have issued an audit report<br>with unmodified opinion on the consolidated financial results for the three and nine months ended December 31, 2025.
2. The above consolidated financial results have been prepared on the basis of the audited interim<br>condensed consolidated financial statements for the three and nine months ended December 31, 2025, which are prepared in accordance with International Financial Reporting Standards and its interpretations (“IFRS”), as issued by the<br>International Accounting Standards Board (“IASB”). All amounts included in the consolidated financial results (including notes) are reported in millions of Indian Rupees<br>(₹ in millions) except share and per share data, unless otherwise stated.
:--- :---
3. (Gain)/loss on sale of property, plant and equipment for the nine months ended December 31, 2024<br>and year ended March 31, 2025, includes gain on relinquishment of the lease hold rights of land, and transfer of building along with other assets of ₹ (885)<br>and for the nine months ended December 31, 2025, includes gain on transfer of building of ₹ (405).
:--- :---
4. Other expenses are net of insurance claim received of ₹ 1,805 for the nine months ended December 31, 2024 and year ended March 31, 2025.
:--- :---
5. Employee benefits expense includes impact of past service cost on gratuity due to implementation of new<br>labour code of ₹ 3,028 during the three and nine months ended December 31, 2025.
:--- :---
6. List of subsidiaries, associate and joint venture as at December 31, 2025 are provided in the table<br>below:
:--- :---
Subsidiaries Subsidiaries Subsidiaries Country of<br><br>Incorporation Holding
--- --- :---: --- :---: --- :---: --- :---:
Attune Consulting India Private Limited India 100.00%
Capco Technologies Private Limited India 100.00%
Wipro Chengdu Limited China 8.96%
Wipro Holdings (UK) Limited Wipro Technologies SRL U.K.<br><br>Romania ^100.00%
Wipro IT Services Bangladesh Limited Bangladesh 100.00%
Wipro IT Services UK Societas U.K. 100.00%
Capco Consulting Middle East UAE 100.00%
FZE ^(2)^
Designit A/S Denmark 100.00%
Designit Denmark A/S Denmark 100.00%
Designit Germany GmbH Germany 100.00%
Designit Oslo A/S Norway 100.00%

2

Designit Spain Digital, S.L.U Spain 100.00%
Designit T.L.V Ltd. Israel 100.00%
Wipro Bahrain Limited Co. W.L.L Bahrain 100.00%
Wipro Czech Republic IT Services s.r.o. Czech Republic 100.00%
Wipro CRM Services Belgium 100.00%
Wipro 4C Consulting France SAS France 100.00%
Wipro CRM Services B.V. Netherlands 100.00%
Wipro CRM Services ApS Denmark 100.00%
Wipro CRM Services UK Limited U.K. 100.00%
Grove Holdings 2 S.á.r.l Luxembourg 100.00%
Capco Solution Services GmbH Germany 100.00%
The Capital Markets Company Italy Srl Italy 100.00%
Capco Brasil Serviços E Brazil 99.99%
Consultoria Ltda
The Capital Markets Company <sub>BV</sub> ^(1)^ Belgium 100.00%
PT. WT Indonesia Indonesia 99.60%
Rainbow Software LLC Iraq 100.00%
Wipro Arabia Limited Saudi Arabia 66.67%
Women’s Business Park Saudi Arabia 100.00%
Technologies Limited
Wipro Doha LLC Qatar 100.00%
Wipro Financial Outsourcing U.K. 100.00%
Services Limited
Wipro UK Limited U.K. 100.00%
Wipro Gulf LLC Sultanate of 99.98%
Oman
Wipro Information Technology Netherlands 100.00%
Netherlands BV.
Wipro Gulf LLC Sultanate of 0.02%
Oman
Wipro Technologies SA Argentina 2.62%
Wipro (Thailand) Co. Limited Thailand 0.03%
Wipro Technologies GmbH Germany 14.87%
Wipro Do Brasil Sistemas De Informatica Ltda Brazil 0.07%
Wipro do Brasil Technologia Ltda ^(1)^ Brazil 99.44%
Wipro Information Technology Kazakhstan 100.00%
Kazakhstan LLP
Wipro Outsourcing Services Ireland 100.00%
(Ireland) Limited
Wipro Portugal S.A. ^(1)^ Portugal 100.00%
Wipro Solutions Canada Limited Canada 100.00%
Wipro Technologies Limited Russia 99.99%
Wipro Technologies Peru SAC Peru 99.98%
Wipro Technologies W.T. Costa Rica 100.00%
Sociedad Anonima
Wipro Technology Chile SPA Chile 100.00%
Applied Value Technologies B.V. Netherlands 100.00%
Wipro IT Service Ukraine, LLC Ukraine 100.00%
Wipro IT Services Poland SP Z.O.O Poland 100.00%
Wipro IT Services S.R.L. Romania 100.00%
Wipro Regional Headquarter Saudi Arabia 100.00%
Wipro Technologies Australia Pty Ltd Australia 100.00%
Wipro Ampion Holdings Pty Ltd ^(1)^ Australia 100.00%
Wipro Technologies SA Argentina 97.38%
Wipro Technologies SA DE CV Mexico 91.08%
Wipro Technologies South Africa (Proprietary) Limited South Africa 69.42%

3

Wipro Technologies Nigeria Limited Nigeria 99.84%
Wipro Technologies SRL Romania 100.00%
Wipro (Thailand) Co. Limited Thailand 99.97%
Wipro Shanghai Limited China 84.63%
Wipro Technologies Nigeria Limited Nigeria 0.16%
Wipro Technologies Limited Russia 0.01%
Wipro Technologies Peru SAC Peru 0.02%
Wipro Japan KK Japan 100.00%
Wipro Networks Pte Limited Singapore 100.00%
Applied Value Technologies Pte. Limited Singapore 100.00%
Wipro Chengdu Limited China 91.04%
PT. WT Indonesia Indonesia 0.40%
Wipro (Thailand) Co. Limited Thailand ^
Wipro (Dalian) Limited China 100.00%
Wipro Technologies SDN BHD Malaysia 100.00%
Wipro (Tianjin) Limited ^(3)^ China 100.00%
Wipro Philippines, Inc. Philippines 100.00%
Wipro Shanghai Limited China 15.37%
Wipro Travel Services Limited India 100.00%
Wipro, LLC USA 100.00%
Wipro Technologies SA DE CV Mexico 8.92%
Wipro Gallagher Solutions, LLC USA 100.00%
Wipro Insurance Solutions, LLC USA 100.00%
Wipro IT Services, LLC USA 100.00%
Aggne Global Inc. USA 60.00%
Cardinal US Holdings, Inc. ^(1)^ USA 100.00%
Edgile, LLC USA 100.00%
HealthPlan Services, Inc. ^(1)^ USA 100.00%
Infocrossing, LLC USA 100.00%
International TechneGroup USA 100.00%
Incorporated ^(1)^
Wipro NextGen Enterprise Inc. ^(1)^ USA 100.00%
Rizing Intermediate Holdings, USA 100.00%
Inc. ^(1)^
Wipro Appirio, Inc. ^(1)^ USA 100.00%
Wipro Designit Services, Inc. ^(1)^ USA 100.00%
Wipro Telecom Consulting LLC USA 100.00%
Wipro VLSI Design Services, LLC USA 100.00%
Applied Value Technologies, Inc. USA 100.00%
Aggne Global IT Services Private Limited India 60.00%
Wipro, Inc. USA 100.00%
Wipro Life Science Solutions, USA 100.00%
LLC
Wipro Connected Services, Inc. USA 100.00%
(Formerly known as Harman
Connected Services, Inc.) ^(4) (5)^
Harman Connected Services Mauritius Pvt Ltd. Mauritius 100.00%
Harman Connected Services Corporation India Pvt. Ltd. India 98.40%
Harman Connected Services India 1.60%
Corporation India Pvt. Ltd.
Wipro Connected Services USA 100.00%
Engineering Corp. (Formerly
known as Harman Connected
Services Engineering Corp.)
Harman Connected Services UK Limited UK 100.00%
Harman Connected Services Morocco Morocco 100.00%

4

Wipro Connected Services US USA 100.00%
Midco LLC (Formerly known as
Harman Connected Services US
Midco LLC)
Harman Connected Services AB ^(1)^ Sweden 100.00%
The Wipro SA Broad Based
Ownership Scheme Trust
Wipro SA Broad Based Ownership Scheme SPV (RF) (PTY) LTD 100.00%
Wipro Technologies South Africa (Proprietary) Limited South Africa 30.58%

^ Value is less than 0.01%

The Company controls ‘The Wipro SA Broad Based Ownership Scheme Trust’, ‘Wipro SA Broad Based Ownership Scheme SPV (RF) (PTY) LTD’ incorporated in South Africa and Wipro Foundation in India.

^(2)^ Grove Holdings 2 S.á.r.l. has transferred its entire shareholding in Capco Consulting Middle East FZE to<br>Wipro IT Services UK Societas, effective September 19, 2025.
^(3)^ Wipro (Tianjin) Limited has been incorporated with effect from May 23, 2025, which is 100% held by Wipro<br>Networks Pte Limited.
:--- :---
^(4)^ The Company, through its subsidiaries, has acquired 100% shareholding in Harman Connected Services Inc. and its<br>subsidiaries, effective December 1, 2025.
:--- :---
^(5)^ Wipro Digital Inc., a wholly owned subsidiary, has merged with Harman Connected Services Inc., a step-down<br>subsidiary, effective December 1, 2025.
:--- :---
^(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 Designit Services, Inc., Wipro do Brasil Technologia Ltda, Wipro Portugal S.A.<br>and Harman Connected Services AB are as follows:
:--- :---
Subsidiaries Subsidiaries Subsidiaries Country of<br>Incorporation Holding
--- --- :---: --- :---: --- :---: --- :---: ---
Cardinal US Holdings, Inc. USA
Capco Consulting Services LLC USA 100.00%
Capco RISC Consulting LLC USA 100.00%
The Capital Markets Company LLC USA 100.00%
HealthPlan Services, Inc. USA
HealthPlan Services Insurance USA 100.00%
Agency, LLC
International TechneGroup USA
Incorporated
International TechneGroup Ltd. U.K. 100.00%
ITI Proficiency Ltd Israel 100.00%
MechWorks S.R.L. Italy 100.00%
Wipro NextGen Enterprise Inc. USA
LeanSwift AB Sweden 100.00%
Rizing Intermediate Holdings, USA
Inc.
Rizing Lanka (Private) Ltd Sri Lanka 100.00%
Attune Netherlands B.V. ^(6)^ Netherlands 100.00%
Rizing Solutions Canada Inc. Canada 100.00%
Rizing LLC USA 100.00%
Rizing B.V. Netherlands 100.00%
Rizing Consulting Ireland Limited Ireland 100.00%
Rizing Consulting Pty Ltd. Australia 100.00%
Rizing Geospatial LLC USA 100.00%
Rizing GmbH Germany 100.00%
Rizing Limited U.K. 100.00%

5

Rizing Consulting USA, LLC (Formerly known as Rizing Consulting USA, Inc.) USA 100.00%
Rizing Pte Ltd. ^(6)^ Singapore 100.00%
The Capital Markets Company BV Belgium
CapAfric Consulting (Pty) Ltd South<br>Africa 100.00%
Capco Belgium BV Belgium 100.00%
The Capital Markets Company s.r.o Slovakia 15.00%
Capco Consultancy (Thailand) Ltd Thailand 0.04%
Capco Consultancy (Malaysia) Sdn. Bhd Malaysia 100.00%
Capco Consultancy (Thailand) Ltd Thailand 99.92%
Capco Consulting Singapore Pte. Ltd Singapore 100.00%
Capco Greece Single Member P.C Greece 100.00%
Capco Poland sp. z.o.o Poland 100.00%
The Capital Markets Company (UK) Ltd U.K. 100.00%
Capco Consultancy (Thailand) Ltd Thailand 0.04%
The Capital Markets Company Limited Hong Kong 0.01%
The Capital Markets Company GmbH Germany 100.00%
Capco Austria GmbH Austria 100.00%
The Capital Markets Company Limited Hong Kong 99.99%
The Capital Markets Company Limited Canada 100.00%
Capco Brasil Serviços E Consultoria Ltda Brazil 0.01%
The Capital Markets Company S.á.r.l Switzerland 100.00%
Andrion AG Switzerland 100.00%
The Capital Markets Company S.A.S France 100.00%
The Capital Markets Company s.r.o Slovakia 85.00%
Wipro Ampion Holdings Pty Ltd Australia
Wipro Revolution IT Pty Ltd Australia 100.00%
Wipro Shelde Australia Pty Ltd Australia 100.00%
Wipro Appirio, Inc. USA
Wipro Appirio (Ireland) Limited Ireland 100.00%
Wipro Appirio UK Limited U.K. 100.00%
Topcoder, LLC USA 100.00%
Wipro Designit Services, Inc. USA
Wipro Designit Services Limited Ireland 100.00%
Wipro do Brasil Technologia Ltda Brazil
Wipro do Brasil Servicos Ltda Brazil 100.00%
Wipro Do Brasil Sistemas De Brazil 96.84%
Informatica Ltda
Wipro Portugal S.A. Portugal
Wipro do Brasil Technologia Ltda Brazil 0.56%
Wipro Do Brasil Sistemas De Brazil 3.09%
Informatica Ltda
Wipro Technologies GmbH Germany 85.13%
Wipro Business Solutions GmbH ^(6)^ Germany 100.00%
Wipro IT Services Austria GmbH Austria 100.00%
Harman Connected Services AB Sweden
Harman Connected Services China 100.00%
Solutions (Chengdu) Co. Ltd.

6

^(6)^ Step Subsidiary details of Attune Netherlands B.V., Rizing Pte Ltd. and Wipro Business Solutions GmbH are as<br>follows:
Subsidiaries Subsidiaries Subsidiaries Country of<br>Incorporation
--- --- :---: --- :---: --- --- --- :---: ---
Attune Netherlands B.V. Netherlands
Rizing Germany GmbH Germany 100.00%
Attune Italia S.R.L Italy 100.00%
Attune UK Ltd. U.K. 100.00%
Rizing Pte Ltd. Singapore
Rizing New Zealand Ltd. New Zealand 100.00%
Rizing Philippines Inc. Philippines 100.00%
Rizing SDN BHD Malaysia 100.00%
Rizing Solutions Pty Ltd Australia 100.00%
Wipro Business Solutions GmbH Germany
Wipro Technology Solutions S.R.L Romania 100.00%

As at December 31, 2025, Wipro, LLC held 43.7% interest in Drivestream Inc. and Wipro IT Services LLC held 27% interest in SDVerse LLC, accounted for using the equity method.

The list of controlled trusts are:

Name of the entity Country of incorporation
Wipro Equity Reward Trust India
Wipro Foundation India

Vide the order dated June 06, 2025, the Hon’ble National Company Law Tribunal, Bengaluru bench, approved the scheme of amalgamation for the merger of wholly owned subsidiaries Wipro HR Services India Private Limited, Wipro Overseas IT Services Private Limited, Wipro Technology Product Services Private Limited, Wipro Trademarks Holding Limited and Wipro VLSI Design Services India Private Limited with Wipro Limited. As per the said scheme, the appointed date is April 1, 2025.

6. Segment Information

The Company is organized into the following operating segments: IT Services and IT Products.

IT Services: The IT services segment primarily consists 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 1 and Americas 2 are primarily organized by industry sector, while Europe and APMEA are organized by countries.

Americas 1 includes the entire business of Latin America (“LATAM”) and the following industry sectors in the United States of America: Communication, Media and Networks, Technology Software and Gaming, Technology New Age, Health, and Consumer. Americas 2 includes the entire business in Canada and the following industry sectors in the United States of America: Banking and Financial services, Energy, Manufacturing and Resources, Capital markets and Insurance, and Hi-tech. Europe consists of the United Kingdom and Ireland, Switzerland, Germany and Western Europe. APMEA consists of Australia and New Zealand, Southeast Asia, Japan, India, the Middle East, and Africa.

Revenue from each customer is attributed to the respective 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 IFRS 8, “Operating Segments”. The CEO of the Company evaluates the segments based on their revenue growth and operating income.

7

Assets and liabilities used in the Company’s business are not identified to any of the operating segments, as these are used interchangeably between segments. Management believes that it is currently not practicable to provide segment disclosures relating to total assets and liabilities since a meaningful segregation of the available data is onerous.

Information on reportable segments for the three months ended December 31, 2025, September 30, 2025, December 31, 2024, nine months ended December 31, 2025, December 31, 2024, and year ended March 31, 2025 are as follows:

Three months ended Nine months ended Year<br>ended
Particulars December<br>31, 2025 September<br>30, 2025 December<br>31, 2024 December<br>31, 2025 December<br>31, 2024 March<br>31, 2025
Audited Audited Audited Audited Audited Audited
Segment revenue
IT Services
Americas 1 77,809 74,821 72,010 225,727 208,103 281,824
Americas 2 67,708 67,011 68,120 201,789 203,390 271,972
Europe 62,405 59,531 59,282 178,753 181,525 240,077
APMEA 25,859 25,042 23,439 74,717 70,753 94,351
Total of IT Services 233,781 226,405 222,851 680,986 663,771 888,224
IT Products 2,565 1,126 747 4,419 1,879 2,692
Total segment revenue 236,346 227,531 223,598 685,405 665,650 890,916
Segment result
IT Services
Americas 1 16,409 15,435 14,966 46,838 41,991 58,186
Americas 2 14,450 13,122 15,275 40,957 45,813 61,326
Europe 8,003 6,962 7,600 20,991 21,294 29,434
APMEA 3,583 3,308 3,667 9,870 9,178 12,850
Unallocated (1,259 ) (1,018 ) (2,518 ) (1,527 ) (5,907 ) (10,157 )
Total of IT Services 41,186 37,809 38,990 117,129 112,369 151,639
IT Products 227 101 29 348 (201 ) (173 )
Reconciling Items (5,678 ) (81 ) (53 ) (8,189 ) 16 (195 )
Total segment result 35,735 37,829 38,966 109,288 112,184 151,271
Finance expenses (3,656 ) (3,612 ) (4,146 ) (10,876 ) (11,003 ) (14,770 )
Finance and other income 9,232 8,455 9,708 28,104 26,383 38,202
Share of net profit/ (loss) of associate and joint venture accounted for using the equity<br>method 28 152 5 230 (37 ) 254
Profit before tax 41,339 42,824 44,533 126,746 127,527 174,957

Notes:

a) “Reconciling Items” includes elimination of inter-segment transactions and other corporate<br>activities.
b) Revenue from sale of Company owned intellectual properties is reported as part of IT Services revenues.
:--- :---
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 ₹ 788, ₹ 558, and ₹ 410 for the three months ended December 31, 2025, September 30, 2025 and December 31, 2024, respectively, ₹ 1,528 and ₹ (192) for the nine months ended December 31, 2025, December 31, 2024, and ₹ 32 for the year ended March 31, 2025, which is reported under foreign exchange gains/(losses), net in the consolidated financial results.
:--- :---
d) Restructuring cost of<br>₹ 2,629, ₹ Nil and ₹ Nil for the three months ended December 31, 2025, September 30, 2025 and December 31, 2024, respectively and<br>₹ 5,139 and ₹ Nil for the nine months ended December 31, 2025 and<br>2024, respectively, and ₹ Nil for the year ended March 31, 2025, is included under Reconciling Items.
:--- :---
e) Impact of past service cost on gratuity due to implementation of new labour code amounting to ₹ 3,028 for the three and nine months ended December 31, 2025, respectively is included under Reconciling items.
:--- :---
f) “Unallocated” within IT Services segment results is after recognition of the below:
:--- :---
Three months ended Nine months ended Year ended
--- --- :---: --- --- --- --- --- --- --- --- :---: --- --- --- --- --- :---: --- ---
December<br>31, 2025 September<br>30, 2025 December<br>31, 2024 December<br>31, 2025 December<br>31, 2024 March 31,<br>2025
Amortization and impairment expenses on intangible assets 2,652 1,670 1,577 5,947 6,278 7,909
Change in fair value of contingent consideration ^ ^ — 48 (167 ) (169 )
^ Value is less than 0.5
:--- :---

8

g) Segment results of IT Services segment are after recognition of share-based compensation expense ₹ 1,365, ₹ 1,264 and<br>₹ 1,712 for the three months ended December 31, 2025, September 30, 2025 and December 31, 2024, respectively and ₹ 3,065 and ₹ 4,347 for the nine months ended December 31, 2025, December 31, 2024, respectively and ₹ 5,542 for the year ended March 31, 2025.
h) Segment results of IT Services segment are after recognition of (gain)/loss on sale of property, plant and<br>equipment of ₹ (33), ₹ (464) and ₹ 77 for the three months ended December 31, 2025, September 30, 2025 and December 31, 2024, respectively, and<br>₹ (563) and ₹ (766) for the nine months ended December 31, 2025,<br>December 31, 2024, respectively, and ₹ (606) for the year ended March 31, 2025.
:--- :---
7. Decline in the revenue and earnings estimates led to revision of recoverable value of<br>customer-relationship intangible assets and marketing related intangible assets recognized on business combinations. Consequently, the Company has recognized impairment charge of<br>₹ 841, ₹ Nil, and ₹ Nil for the three months ended December 31, 2025, September 30, 2025 and December 31, 2024, respectively, and<br>₹ 841, and ₹ 1,149 for the nine months ended December 31, 2025 and<br>December 31, 2024, respectively, and ₹ 1,155 for the year ended March 31, 2025, as part of depreciation, amortization and impairment expense.
:--- :---
8. Issue of bonus shares
:--- :---

During the year ended March 31, 2025, the company concluded bonus issue in the ratio of 1:1 i.e.1 (one) bonus equity share of ₹ 2 each for every 1 (one) fully paid-up equity shares held (including ADS holders) was approved by the shareholders of the Company on November 21, 2024. Subsequently, on December 4, 2024, the Company allotted 5,232,094,402 equity shares (including ADS) to shareholders who held equity shares as on the record date of December 3, 2024. The Company also allotted 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, securities premium and retained earnings to the share capital.

9. On November 21, 2025, the Government of India notified four Labour Codes, effective immediately,<br>replacing the existing 29 labour laws. In accordance with IAS 19 – Employee benefits, changes to employee benefit plans arising from legislative amendments are treated as plan amendments, requiring immediate recognition of past service cost in<br>the Statement of Income. This approach is consistent with the guidance issued by the Institute of Chartered Accountants of India.

The implementation of the Labour Codes has resulted in an increase of ₹ 3,028 in the provision for defined benefit obligation, which has been recognized as an employee benefit expense in the current reporting period. The Company continues to monitor the finalization of Central and State Rules, as well as Government clarifications on other aspects of the Labour Codes, and will incorporate appropriate accounting treatment based on these developments as required.

10. Events after the reporting period

The Board of Directors in their meeting held on January 16, 2026, declared an interim dividend of ₹ 6 /- (U.S.$ 0.07) per equity share and ADR (300% on an equity share of par value of ₹ 2 /-).

By order of the Board, For, Wipro Limited
Place: Bengaluru<br><br>Date: January 16,<br>2026 Rishad A. Premji<br><br>Chairman

9

EX-99.5

Exhibit 99.5

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OUTLOOK 242,021 83.1% 61.6% 11.1% APMEA TOTAL HEADCOUNT NET UTILIZATION EXCLUDING TRAINEES OFFSHORE REVENUE PERCENTAGE OF SERVICES CUSTOMER CONCENTRATION TOP1 4.7% TOP5 14.4% TOP 10 23.7% ATTRITION VOL – TTM 14.2% STRATEGIC MARKET UNITS MIX 33.2% AMERICAS 1 29.0% AMERICAS 2 26.7% EUROPE Revenue from our IT Services business segment to be in the range of $2,635 million to $2,688 million*. This translates to sequential guidance of 0% to 2.0% in constant currency terms. *Outlook for the Quarter ending March 31, 2026, is based on the following exchange rates: GBP/USD at 1.33, Euro/USD at 1.17, AUD/USD at 0.65, USD/INR at 88.85 and CAD/USD at 0.72 SECTOR MIX Banking, Financial Services and Insurance 34.6% Consumer 18.2% Technology and Communications 16.0% Health 14.9% Energy, Manufacturing and Resources 16.3% for the Quarter ending March 31, 2026 Wipro Limited Highlights for the Quarter ended December 31, 2025 P a g e 1 $3.3 Bn LARGE DEAL TCV 8.4% YoY CC $0.9 Bn 5.7% YoY CC TOTAL BOOKINGS Adjusted EPS Note 6 ₹ 3.21 Operating cash Flow/Net Income Operating Cash Flow $474 Mn 135.4% 3.5% QoQ 0.0% YoY $2.64 Bn QoQ Constant Currency YoY Constant Currency Operating Margin REVENUE 1.4% 1.2% 17.6%

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IT Services Revenues ($Mn) 2,635.4 2,604.3 2,587.4 10,511.5 2,596.5 2,629.1 2,660.1 Sequential Growth 1.2% 0.7% -0.3% -2.7% -1.2% -1.2% 1.3% Sequential Growth in Constant Currency Note 1 1.4% 0.3% -2.0% -2.3% -0.8% 0.1% 0.6% Operating Margin % Note 2 17.6% 16.7% 17.3% 17.1% 17.5% 17.5% 16.8% Strategic Market Units Mix Americas 1 33.2% 33.0% 33.1% 31.7% 32.8% 32.3% 30.8% Americas 2 29.0% 29.6% 30.4% 30.6% 30.6% 30.6% 30.6% Europe 26.7% 26.3% 25.7% 27.1% 26.1% 26.7% 27.9% APMEA 11.1% 11.1% 10.8% 10.6% 10.5% 10.4% 10.7% P a g e 2 A IT Services Sectors Mix Banking, Financial Services and Insurance 34.6% 34.3% 33.6% 34.3% 34.2% 34.1% 34.8% Consumer 18.2% 18.2% 18.6% 19.1% 18.9% 19.0% 19.2% Energy, Manufacturing and Resources 16.3% 17.4% 17.7% 17.2% 17.3% 16.9% 17.0% Technology and Communications 16.0% 15.6% 15.5% 15.3% 15.2% 15.3% 15.4% Health 14.9% 14.5% 14.6% 14.1% 14.4% 14.7% 13.6% Wipro Limited Results for the Quarter ended December 31, 2025 Total Bookings TCV ($Mn) Note 3 3,335 4,688 4,971 14,315 3,955 3,514 3,561 Large deal TCV ($Mn) Note 4 871 2,853 2,666 5,368 1,763 961 1,489 Total Bookings Q2 FY 24–25 Q2 FY Q4 Q3 FY 25-26 Q3 Guidance ($Mn) 2,591-2,644 2,560—2,612 2,505—2,557—2,602—2,655 2,607—2,660 2,600—2,652 Guidance restated based on 2,585-2,638 2,570 – 2,622 2,549 – 2,601—2,591 – 2,644 2,575 – 2,628 2,618 – 2,670 actual currency realized ($Mn) Revenues performance against guidance 2,635 2,604 2,587—2,597 2,629 2,660 ($Mn) Q1

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Customer size distribution (TTM) > $100Mn 16 16 16 17 17 18 21 > $75Mn 31 29 27 28 28 30 30 > $50Mn 45 45 47 44 44 42 42 > $20Mn 103 104 109 111 111 114 117 > $10Mn 177 177 180 181 181 187 186 > $5Mn 281 272 281 289 289 290 297 > $3Mn 390 393 397 398 398 403 411 > $1Mn 722 730 725 716 716 722 733 Revenue from Existing customers % 99.4% 98.6% 99.6% 99.0% 98.1% 98.8% 99.4% Number of new customers 92 45 49 197 63 63 28 Total Number of active customers 1272 1257 1,266 1,282 1,282 1,299 1,342 Customer Concentration Top customer 4.7% 4.8% 4.7% 4.3% 4.4% 4.5% 4.1% Top 5 14.4% 14.4% 14.7% 14.0% 14.5% 14.3% 14.0% Top 10 23.7% 24.0% 24.5% 23.3% 24.2% 23.7% 22.9% % of Revenue USD 61% 62% 63% 62% 63% 62% 61% GBP 11% 11% 10% 10% 10% 10% 11% EUR 9% 9% 9% 10% 9% 10% 10% INR 5% 4% 4% 4% 4% 4% 4% AUD 4% 4% 3% 4% 3% 4% 4% CAD 3% 3% 3% 3% 3% 3% 3% Others 7% 7% 8% 7% 8% 7% 7% Closing Employee Count 242,021 235,492 233,232 233,346 233,346 232,732 233,889 Sales & Support Staff (IT Services) 14,663 14,863 15,131 15,230 15,230 15,311 15,336 Utilization Note 5 Net Utilization (Excluding Trainees) 83.1% 86.4% 85.0% 85.6% 84.6% 83.5% 86.4% Attrition Voluntary TTM (IT Services excl. DOP) 14.2% 14.9% 15.1% 15.0% 15.0% 15.3% 14.5% DOP % — Post Training Quarterly 8.5% 8.2% 8.2% 7.8% 7.7% 7.1% 7.9% P a g e 3 Q2 FY 24–25 Q2 FY Q4 Q3 FY 25-26 Q3 Revenue from FPP 55.1% 53.0% 53.5% 56.6% 55.5% 56.7% 56.7% Offshore Revenue — % of Services 61.6% 60.2% 59.8% 60.1% 62.1% 60.8% 59.8% Revenue Mix Note 5 Q1

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P a g e 4 B Growth Metrics for the Quarter ended December 31, 2025 Note 1 C Annexure to Datasheet Segment-wise breakup of Q3 FY25-26 (INR Mn) Cost of Revenues, S&M and G&A Reconciling Total Particulars IT Services IT Products Items Cost of revenues 162,403 2,279 2,517 167,199 Selling and marketing expenses 14,392 64 552 15,008 General and administrative expenses 15,800 (5) 2,609 18,404 Total 192,595 2,338 5,678 200,611 Strategic Market Units Americas 1 1.9% 3.2% 1.8% 2.8% Americas 2 -1.0% -5.0% -0.8% -5.2% Europe 2.7% 0.4% 3.3% -4.6% APMEA 1.1% 6.0% 1.7% 6.6% Sectors Banking, Financial Services and Insurance 2.1% 1.6% 2.6% 0.4% Consumer 0.8% -4.0% 0.7% -5.7% Energy, Manufacturing and Resources -5.3% -3.4% -4.9% -5.8% Technology and Communications 4.0% 5.0% 4.2% 3.5% Health 4.3% 1.8% 4.2% 1.0% Q3’26 CC YoY% Q3’26 CC QoQ% Q3’26 Reported YoY% Q3’26 Reported QoQ% IT Services 1.2% 0.2% 1.4% -1.2% Note 1: Constant currency (CC) for a period is the product of volumes in that period times the average actual exchange rate of the corresponding comparative period Note 2: IT Services Operating Margin refers to Segment Results total as reflected in IFRS financials Note 3: Total Bookings refers to the total contract value of all orders that were booked during the period including new orders, renewals, and changes to existing contracts. Bookings do not reflect subsequent terminations or reductions related to bookings originally recorded in prior fiscal periods. Bookings are recorded using then-existing foreign currency exchange rates and are not subsequently adjusted for foreign currency exchange rate fluctuations. The revenues from these contracts accrue over the tenure of the contract. For constant currency growth rates, refer note 2 Note 4: Large deal bookings constitute of deals greater than or equal to $30 million in total contract value terms Note 5: IT Services excluding DOP (Digital Operations and Platforms) and entities which are not integrated in Wipro limited systems at the beginning of current fiscal year. Note 6: Adjusted for impact of past service cost on gratuity due to implementation of new labour code amounting to ₹ 3,028Mn. Nine months ended Dec 31, 2025 Three months ended Reconciliation of net-income and EPS Dec 31, 2025 Net Income [A] 31,190 96,956 Add: Impact on gratuity expenses due to implementation 3,028 3,028 of new Labour Code [B] Less[C]: Tax on [B] (590) (590) Adjusted Net Income [D]: [A+B+C] 33,628 99,394 Adjusted EPS Basic (₹ ) 3.21 9.49 D Amounts in INR Mn unless specifiedP a g e 4 B Growth Metrics for the Quarter ended December 31, 2025 Note 1 C Annexure to Datasheet Segment-wise breakup of Q3 FY25-26 (INR Mn) Cost of Revenues, S&M and G&A Reconciling Total Particulars IT Services IT Products Items Cost of revenues 162,403 2,279 2,517 167,199 Selling and marketing expenses 14,392 64 552 15,008 General and administrative expenses 15,800 (5) 2,609 18,404 Total 192,595 2,338 5,678 200,611 Strategic Market Units Americas 1 1.9% 3.2% 1.8% 2.8% Americas 2 -1.0% -5.0% -0.8% -5.2% Europe 2.7% 0.4% 3.3% -4.6% APMEA 1.1% 6.0% 1.7% 6.6% Sectors Banking, Financial Services and Insurance 2.1% 1.6% 2.6% 0.4% Consumer 0.8% -4.0% 0.7% -5.7% Energy, Manufacturing and Resources -5.3% -3.4% -4.9% -5.8% Technology and Communications 4.0% 5.0% 4.2% 3.5% Health 4.3% 1.8% 4.2% 1.0% Q3’26 CC YoY% Q3’26 CC QoQ% Q3’26 Reported YoY% Q3’26 Reported QoQ% IT Services 1.2% 0.2% 1.4% -1.2% Note 1: Constant currency (CC) for a period is the product of volumes in that period times the average actual exchange rate of the corresponding comparative period Note 2: IT Services Operating Margin refers to Segment Results total as reflected in IFRS financials Note 3: Total Bookings refers to the total contract value of all orders that were booked during the period including new orders, renewals, and changes to existing contracts. Bookings do not reflect subsequent terminations or reductions related to bookings originally recorded in prior fiscal periods. Bookings are recorded using then-existing foreign currency exchange rates and are not subsequently adjusted for foreign currency exchange rate fluctuations. The revenues from these contracts accrue over the tenure of the contract. For constant currency growth rates, refer note 2 Note 4: Large deal bookings constitute of deals greater than or equal to $30 million in total contract value terms Note 5: IT Services excluding DOP (Digital Operations and Platforms) and entities which are not integrated in Wipro limited systems at the beginning of current fiscal year. Note 6: Adjusted for impact of past service cost on gratuity due to implementation of new labour code amounting to ₹ 3,028Mn. Nine months ended Dec 31, 2025 Three months ended Reconciliation of net-income and EPS Dec 31, 2025 Net Income [A] 31,190 96,956 Add: Impact on gratuity expenses due to implementation 3,028 3,028 of new Labour Code [B] Less[C]: Tax on [B] (590) (590) Adjusted Net Income [D]: [A+B+C] 33,628 99,394 Adjusted EPS Basic (₹ ) 3.21 9.49 D Amounts in INR Mn unless specified

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