UNITED STATES SECURITIES ANDEXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report ofForeign Private Issuer

Pursuant to Rule 13a-16 or15d-16 under the Securities Exchange Act of 1934

For the month of October 2020

Commission File Number 001-16139

Wipro Limited

(Exactname of Registrant as specified in its charter)

NotApplicable

(Translation of Registrant’s name in to English)

Karnataka, India

(Jurisdiction of incorporation or organization)

Doddakannelli

SarjapurRoad

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

(Address of principal executiveoffices)

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

Form 20-F  ☒            Form 40-F  ☐

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

Yes  ☐             No  ☒

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

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

Yes  ☐             No  ☒

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

DISCLOSURE OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION

We hereby furnish the Commission with copies of the following information concerning our public disclosures regarding our results of operations for the quarter ended September 30, 2020. The following information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

On October 13, 2020, we announced our results of operations for the quarter ended September 30, 2020. We issued a press release announcing our results under IFRS, a copy of which is attached to this Form 6-K as Item 99.1.

On October 13, 2020, we held a virtual press conference to announce our results. The presentation made by the registrant at the press conference is attached to this Form 6-K as Item 99.2.

We placed advertisements in certain Indian newspapers concerning our results of operations for the quarter ended September 30, 2020 under IFRS. A copy of the form of this advertisement is attached to this Form 6-K as Item 99.3.

We made available on our website the Condensed Consolidated Interim Financial Statements as of and for the three months ended September 30, 2020 under IFRS. A copy of such financial statements is attached to this Form 6-K as Item 99.4.

We filed with stock exchanges in India a statement of statutorily audited consolidated financial results for the three months ended September 30, 2020 under IFRS. A copy of such financial statements is attached to this Form 6-K as Item 99.5.

We filed with stock exchanges in India a datasheet containing operating metrics for the quarter ended September 30, 2020. A copy of such data sheet is attached to this Form 6-K as Item 99.6.

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/ Jatin Pravinchandra Dalal
Jatin Pravinchandra Dalal
Chief Financial Officer

Dated: October 20, 2020

INDEX TO EXHIBITS

Item
99.1	IFRS Press Release
99.2	Presentation made by the Company at the Press Conference on October 14, 2020
99.3	Form of Advertisement Placed in Indian Newspapers
99.4	Consolidated Interim Financial Statements under IFRS
99.5	Statutorily Audited Consolidated Financial Results filed with stock exchanges in India
99.6	Data sheet containing operating metrics filed with stock exchanges in India

4

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

Results for the Quarter ended September 30, 2020 under IFRS

IT Services Revenue for the quarter grew by 3.7% QoQ

Board approves buy back of₹95 billion

Bangalore, India and East Brunswick, New Jersey, USA – October 13, 2020 - Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) today announced financial results under International Financial Reporting Standards (IFRS) for the quarter ended September 30, 2020.

Highlights of the Results

Results for theQuarter ended September 30, 2020:

➣	Gross Revenue was<br>₹ 151.1 billion ($2.1 billion^1^), an increase of 1.4% QoQ and a decrease of 0.1% YoY<br>
➣	IT Services Segment Revenue was at $1,992.4 million, an increase of 3.7% QoQ
---	---
➣	Non-GAAP^2^ constant<br>currency IT Services Segment Revenue increased by 2.0% QoQ
---	---
➣	IT Services Operating Margin^3^for the quarter was at<br>19.2%, an expansion of 0.2% QoQ and 1.1%YoY
---	---
➣	Net Income for the quarter was<br>₹ 24.7 billion ($335.3 million^1^), a decrease of 3.4% YoY
---	---
➣	Earnings Per Share for the quarter was at<br>₹ 4.33 ($0.06^1^), an increase of 0.7% YoY
---	---
➣	Operating Cash Flow was at<br>₹ 44.1 billion ($600.1 million^1^), which is 179.0% of Net Income
---	---

Performance for the quarter ended September 30, 2020

Thierry Delaporte, CEO and Managing Director said, “We had an excellent quarter with growth in revenues, expansion of margins and robust cash generation. I am very excited about the opportunities that are ahead of us and encouraged by the acceleration in business momentum we have seen this quarter. Our strategy is to focus on growth in prioritized sectors & markets led by vertical solution offerings.”

Jatin Dalal, Chief Financial Officer said, “It was another quarter of strong performance on margins and cash flows. We improved on several operating parameters to deliver margin expansion of 0.2% to 19.2% in the IT Services segment. Our Free Cash Flows as a percentage of Net Income for the first half was at 160.7% of Net income. The announcement to buyback equity shares is part of our philosophy to deliver consistent returns to shareholders.”

Outlook for the quarter endingDecember 31, 2020

We expect Revenue from our IT Services business to be in the range of $2,022 million to $2,062 million*. This translates to a sequential growth of 1.5% to 3.5%.

* Outlook is based on the following exchange rates: GBP/USD at 1.31, Euro/USD at 1.18, AUD/USD at 0.72, USD/INR at 73.84 and CAD/USD at 0.75

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 = ₹ 73.54, as published by the Federal Reserve Board of Governors on September 30, 2020.<br>However, the realized exchange rate in our IT Services business segment for the quarter ended September 30, 2020 was US$1= ₹ 74.12
2.	Constant currency revenue for a period is the product of volumes in that period times the average actual<br>exchange rate of the corresponding comparative period
---	---
3.	IT Services Operating Margin refers to Segment Results Total as reflected in IFRS financials<br>
---	---

1

Capital Allocation

The Board of Directors approved a buyback proposal, subject to the approval of shareholders through postal ballot, for purchase by the company of up to 237.5 million equity shares of ₹ 2 each (representing 4.16% of total paid up equity capital) from the shareholders of the company on a proportionate basis by way of a tender offer. The buyback price is ₹ 400 ($5.4^1^) per equity share payable in cash for an aggregate amount not exceeding ₹ 95 billion ($1.3 billion^1^).

IT Services

Wipro continued its momentum in winning large deals with our customers as described below:

➣	A US-based multinational food manufacturing company has selected Wipro<br>as the sole strategic partner for application support and maintenance globally. As part of the engagement, Wipro will simplify and transform the client’s application portfolio and help them develop new digital capabilities by leveraging<br>cutting-edge technology solutions. In addition, Wipro will also drive end-to-end enterprise resource planning by rolling out SAP ECC for their acquired entity in Latin<br>America to enable greater integration with the parent company.
➣	Wipro has won a multi-year, multi-million-dollar contract from a large<br>US-based healthcare payer to provide enrollment and billing services for individual health plans under the Affordable Care Act, leveraging Wipro’s digital platform and digital operations services.<br>
---	---
➣	Wipro has secured a contract from a leading US-based healthcare<br>technology company to transform its healthcare system by providing application development and support, quality engineering, and production engineering services.
---	---
➣	Wipro has won a strategic, multi-year managed services contract from a leading<br>US-based manufacturing company to transform its entire procure to pay operations, leveraging Wipro HOLMES^®^ solutions such as Intelligent Document<br>Processing (IDP), Contract Intelligence and Order digitization.
---	---

Digital & Cloud Application Services Highlights

We continue to see increasing traction in digital oriented deals as illustrated below:

➣	Wipro has been awarded a multi-year contract as a transformation partner for Cynergy Bank, a UK Bank<br>specialised in serving the financial needs of property and commercial business owners. Wipro will leverage its core capabilities, IP, partnerships, Wipro ventures and best practices to comprehensively manage and transform the Bank’s IT<br>Infrastructure and Security operations as part of this IT co-source engagement. Wipro has also been chosen as the prime partner to deliver digital transformation at the Bank, thereby realising the Bank’s<br>future vision and architectural roadmap leveraging Wipro Digital, Designit, Topcoder and NewAgeEcosystem.
➣	Wipro and Designit have been selected by a regional water authority in Asia Pacific to transform their customer<br>experience, workflow, case management and IoT analytics platforms. The integrated solution, built on Microsoft Azure, will provide a common platform for data acquisition and visualization, device management, and interface with other IT and third<br>party agencies/ systems. It will also support new IoT devices to implement various dam safety and water monitoring measures.
---	---
➣	A leading semiconductor manufacturer has awarded Wipro a turnkey silicon development contract for its 5G<br>wireless infrastructure and Automotive Vehicle-to-everything (V2X) market. Wipro’s strong expertise in very large-scale integration (VLSI) and firmware domain will<br>help the customer develop variants of the product for different market segments and accelerate their time-to-market.
---	---
➣	A global bank has chosen Designit, a Wipro company, to support a new startup business focused on small and medium-sized enterprises leveraging strategic design, logistics & operations management, data analysis, and growth strategy consultancy services.
---	---

2

Please refer to the table on page 9 for reconciliation between IFRS IT Services Revenue and IT Services Revenue on a non-GAAP constant currency basis.

About Non-GAAPFinancial Measures

This press release contains 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 9 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.

This non-GAAP financial measure is 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. In addition to this non-GAAP measure, 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 endedSeptember 30, 2020, prepared under IFRS, along with individual business segment reports, are available in the Investors section of our website www.wipro.com

Quarterly Conference Call

We will hold an earnings conference call today at 07:15 p.m. Indian Standard Time (09:45 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 web-cast and can be accessed at the following link- https://links.ccwebcast.com/?EventId=WIPRO1310

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

4

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 180,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

Contact for Investor Relations		Contact for Media & Press
Aparna Iyer	Abhishek Kumar Jain	Vipin Nair
Phone: +91-80-6142 7139	Phone: +91-9845791363	Phone: +91-80-6142 6450
iyer.aparna@wipro.com	abhishekkumar.jain@wipro.com	vipin.nair1@wipro.com

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, 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)

5

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

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

	As at March 31, 2020		As at September 30, 2020
					Convenience translationinto US dollar inmillions Refer footnote1 in Page 1
ASSETS
Goodwill		131,012		135,137		1,838
Intangible assets		16,362		15,347		209
Property, plant and equipment		81,120		81,984		1,115
Right-of-Use<br>assets		16,748		14,943		203
Financial assets
Derivative assets		—		14		^
Investments		9,302		8,363		114
Trade receivables		6,049		6,011		82
Other financial assets		5,881		6,720		91
Investments accounted for using the equity method		1,383		1,374		19
Deferred tax assets		6,005		1,437		20
Non-current tax assets		11,414		13,446		183
Other non-current assets		11,935		11,192		152
Total non-current assets	****	297,211	****	295,968	****	4,026
Inventories		1,865		1,311		18
Financial assets
Derivative assets		3,025		3,200		44
Investments		189,635		258,129		3,510
Cash and cash equivalents		144,499		152,423		2,073
Trade receivables		104,474		89,541		1,217
Unbilled receivables		25,209		23,884		324
Other financial assets		8,614		10,893		148
Contract assets		17,143		15,492		211
Current tax assets		2,882		2,294		31
Other current assets		22,505		22,080		300
Total current assets	****	519,851	****	579,247	****	7,876
TOTAL ASSETS	****	817,062	****	875,215	****	11,902
EQUITY
Share capital		11,427		11,430		155
Share premium		1,275		1,711		23
Retained earnings		476,103		517,217		7,033
Share-based payment reserve		1,550		1,747		24
SEZ Re-investment reserve		43,804		51,437		699
Other components of equity		23,299		29,008		395
Equity attributable to the equity holders of the Company	****	557,458	****	612,550	****	8,329
Non-controlling interest		1,875		1,201		16
TOTAL EQUITY	****	559,333	****	613,751	****	8,345
LIABILITIES
Financial liabilities
Loans and borrowings		4,840		225		3
Derivative liabilities		138		13		^
Lease liabilities		12,638		12,320		168
Other financial liabilities		151		657		9
Deferred tax liabilities		2,825		3,067		42
Non-current tax liabilities		13,205		12,186		166
Other non-current liabilities		7,537		7,320		100
Provisions		2		1		^
Total non-current liabilities	****	41,336	****	35,789	****	488
Financial liabilities
Loans, borrowings and bank overdrafts		73,202		74,293		1,010
Derivative liabilities		7,231		1,732		24
Trade payables and accrued expenses		78,129		82,023		1,115
Lease liabilities		6,560		7,286		99
Other financial liabilities		899		1,151		16
Contract liabilities		18,775		19,427		264
Current tax liabilities		11,731		14,531		198
Other current liabilities		19,254		24,445		332
Provisions		612		787		11
Total current liabilities	****	216,393	****	225,675	****	3,069
TOTAL LIABILITIES	****	257,729	****	261,464	****	3,557
TOTAL EQUITY AND LIABILITIES	****	817,062	****	875,215	****	11,902
^	Value is less than 1
---	---

6

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENT OF INCOME

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

	Three months ended September 30,									Six months ended September 30,
	2019			2020			2020			2019			2020			2020
							Conveniencetranslation intoUS dollar inmillions<br>Refer footnote 1in Page 1									Conveniencetranslation intoUS dollar inmillions<br>Refer footnote 1in Page 1
Revenues		151,256			151,145			2,055			298,417			300,276			4,083
Cost of revenues		(108,006	)		(105,387	)		(1,433	)		(212,279	)		(209,087	)		(2,843	)
Gross profit	****	43,250	****	****	45,758	****	****	622	****	****	86,138	****	****	91,189	****	****	1,240	****
Selling and marketing expenses		(10,629	)		(9,606	)		(132	)		(21,582	)		(19,395	)		(264	)
General and administrative expenses		(6,527	)		(8,177	)		(111	)		(14,646	)		(18,183	)		(247	)
Foreign exchange gains		591			338			5			1,449			1,543			21
Other operating income/(loss), net		50			(178	)		(2	)		749			(81	)		(1	)
Results from operating activities	****	26,735	****	****	28,135	****	****	382	****	****	52,108	****	****	55,073	****	****	749	****
Finance expenses		(2,247	)		(1,267	)		(17	)		(3,831	)		(2,566	)		(35	)
Finance and other income		6,857			5,209			71			13,804			10,490			143
Share of net profit /(loss) of associates accounted for using the equity method		(2	)		(6	)		^			(18	)		25			^
Profit before tax	****	31,343	****	****	32,071	****	****	436	****	****	62,063	****	****	63,022	****	****	857	****
Income tax expense		(5,731	)		(7,228	)		(98	)		(12,430	)		(14,066	)		(191	)
Profit for the period	****	25,612	****	****	24,843	****	****	338	****	****	49,633	****	****	48,956	****	****	666	****
Profit attributable to:
Equity holders of the Company		25,526			24,656			335			49,400			48,558			661
Non-controlling interest		86			187			3			233			398			5
Profit for the period	****	25,612	****	****	24,843	****	****	338	****	****	49,633	****	****	48,956	****	****	666	****
Earnings per equity share:
Attributable to equity holders of the<br><br><br>Company
Basic		4.30			4.33			0.06			8.27			8.53			0.12
Diluted		4.29			4.32			0.06			8.25			8.51			0.12
Weighted average number of equity<br><br><br>shares used in computing earnings<br><br><br>per equity share
Basic		5,936,393,069			5,694,035,551			5,694,035,551			5,975,454,269			5,693,689,502			5,693,689,502
Diluted		5,948,113,661			5,706,874,339			5,706,874,339			5,986,683,086			5,705,850,555			5,705,850,555
^	Value is less than 1
---	---

7

Additional Information:

Particulars	Three months ended									Six months ended						Year ended
	September30, 2020			June30, 2020			September30, 2019			September30, 2020			September30, 2019			March31, 2020
	Audited			Audited			Audited			Audited			Audited			Audited
Revenue
IT Services
BFSI		45,995			44,828			45,760			90,823			91,155			184,457
Health BU		20,294			19,760			18,981			40,054			37,852			78,240
CBU		23,927			23,179			23,530			47,106			45,896			97,008
ENU		18,990			19,279			18,888			38,269			37,320			76,443
TECH		18,478			19,670			19,148			38,148			37,808			75,895
MFG		12,175			11,820			11,886			23,995			23,222			48,158
COMM		7,822			7,420			8,368			15,242			16,822			33,840
Total of IT Services	****	147,681	****	****	145,956	****	****	146,561	****	****	293,637	****	****	290,075	****	****	594,041	****
IT Products		1,691			2,258			3,233			3,949			5,642			11,010
ISRE		2,119			2,117			2,069			4,236			4,212			8,400
Reconciling Items		(8	)		5			(16	)		(3	)		(63	)		(50	)
Total Revenue	****	151,483	****	****	150,336	****	****	151,847	****	****	301,819	****	****	299,866	****	****	613,401	****
Other operating income/(loss), net
IT Services		(178	)		97			50			(81	)		749			1,144
Total Other operating income/(loss), net	****	(178	)	****	97	****	****	50	****	****	(81	)	****	749	****	****	1,144	****
Segment Result
IT Services
BFSI		9,209			8,517			8,407			17,726			17,742			34,132
Health BU		4,005			2,728			2,863			6,733			5,792			12,027
CBU		5,507			4,419			3,952			9,926			7,458			16,729
ENU		3,329			3,569			3,084			6,898			5,280			12,176
TECH		2,632			4,167			3,624			6,799			7,150			14,312
MFG		2,379			2,228			2,439			4,607			4,531			9,252
COMM		1,320			891			1,044			2,211			2,562			5,336
Unallocated		148			1,206			1,044			1,354			1,764			2,577
Other operating income/(loss), net		(178	)		97			50			(81	)		749			1,144
Total of IT Services	****	28,351	****	****	27,822	****	****	26,507	****	****	56,173	****	****	53,028	****	****	107,685	****
IT Products		(300	)		124			149			(176	)		(258	)		(282	)
ISRE		114			(100	)		(177	)		14			(813	)		(1,822	)
Reconciling Items		(30	)		(908	)		256			(938	)		151			149
Total	****	28,135	****	****	26,938	****	****	26,735	****	****	55,073	****	****	52,108	****	****	105,730	****
Finance Expense		(1,267	)		(1,299	)		(2,247	)		(2,566	)		(3,831	)		(7,328	)
Finance and Other Income		5,209			5,281			6,857			10,490			13,804			24,081
Share of net profit/ (loss) of associates accounted for using the equity method		(6	)		31			(2	)		25			(18	)		29
Profit before tax	****	32,071	****	****	30,951	****	****	31,343	****	****	63,022	****	****	62,063	****	****	122,512	****

8

The Company is organized into the following operating segments: IT Services, IT Products and India State Run Enterprise segment (ISRE).

IT Services: The IT Services segment primarily consists of IT Service offerings to customers organized by industry verticals.

The industry verticals are as follows: Banking, Financial Services and Insurance (BFSI), Health Business unit (Health BU), Consumer Business unit (CBU), Energy, Natural Resources & Utilities (ENU), Manufacturing (MFG), Technology (TECH) and Communications (COMM). Key service offerings to customers includes software application development and maintenance, research and development services for hardware and software design, business application services, analytics, consulting, infrastructure outsourcing services and business process services.

IT Products: The Company is a value-added reseller of desktops, servers, notebooks, storage products, networking solutions and packaged 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 the above items is reported as revenue from the sale of IT Products.

India State Run Enterprise segment (ISRE): This segment consists of IT Services offerings to entities/ departments owned or controlled by the Government of India and/ or any State Governments.

Reconciliation of Non-GAAP ConstantCurrency IT Services Revenue to IT Services Revenue as per IFRS ($Mn)

Three Months ended September 30, 2020
IT Services Revenue as per IFRS	$	1992.4
Effect of Foreign currency exchange movement	$	(32.9)
Non-GAAP Constant Currency IT Services Revenue based on<br>previous quarter exchange rates	$	1959.5
Three Months ended September 30, 2020
IT Services Revenue as per IFRS	$	1992.4
Effect of Foreign currency exchange movement	$	(12.9)
Non-GAAP Constant Currency IT Services Revenue based on<br>exchange rates of comparable period in previous year	$	1979.5

9

EX-99.2

Jatin Dalal Chief Financial Officer Wipro Limited Performance for the Quarter ended September 30, 2020 Exhibit 99.2

IT Services $ Revenue Mn Gross Revenue in INR Mn *Non-GAAP measures walk has been provided in the annexure Revenue for the quarter QoQ & YoY growth on Constant Currency* basis is 2.0% & -3.4%

IT Services Operating Margin IT Services operating margin refers to our segment results Operating Profit (Wipro Ltd.) in INR Mn Operating Margin for the quarter

Net Income in INR Mn Net income refers to the profit attributable to equity share holders of the company Earnings per share in INR Net Income for the quarter

Cash Flow Metrics for the quarter Operating Cash flow in INR Mn Free Cash flow in INR Mn* *Non-GAAP measures walk has been provided in the annexure Operating Cash Flow is at 179.0% of Net Income Free Cash Flow is at 163.9% of Net Income

Other highlights for the quarter Gross Utilization is at 76.4% for Q2’21 Offshore revenue mix is at 50.4% for Q2’21 Voluntary Attrition on LTM basis has reduced to 11.0% Localization in US now at 71.9% Hired about 12,000 employees which includes onboarding of 3,000 freshers in Q2’21

QoQ growth 1.5% to 3.5% We expect the revenue from our IT Services business to be in the range of $2,022 million to $2,062 million* *    Outlook is based on the following exchange rates: GBP/USD at 1.31, Euro/USD at 1.18, AUD/USD at 0.72, USD/INR at 73.84 and CAD/USD at 0.75 Outlook for quarter ending December 31, 2020

The Board of Directors approved a buyback proposal, subject to the approval of shareholders through postal ballot, for purchase by the company of up to 237.5 million equity shares of ₹2 each (representing 4.16% of total paid up equity capital) from the shareholders of the company on a proportionate basis by way of a tender offer. The buyback price is ₹400 ($5.41) per equity share payable in cash for an aggregate amount not exceeding ₹95 billion ($1.3 billion1) Capital Allocation Note 1: The amounts in Indian Rupees in this release have been translated into United States Dollars at the certified foreign exchange rate of US$1 = 73.54, as published by the Federal Reserve Board of Governors on September 30, 2020.

Thank You

Reconciliation of selected GAAP measures to Non-GAAP measures (1/2) Reconciliation of Gross Cash as of September 30, 2020 Reconciliation of Free Cash Flow for three months and six months ended September 30, 2020

Reconciliation of selected GAAP measures to Non-GAAP measures (2/2) Reconciliation of Non-GAAP Constant Currency IT Services Revenue to IT Services Revenue as per IFRS ($Mn): Three Months ended September 30, 2020 IT Services Revenue as per IFRS $1,992.4 Effect of Foreign currency exchange movement $ (32.9) Non-GAAP Constant Currency IT Services Revenue based on $1,959.5 previous quarter exchange rates Three Months ended September 30, 2020 IT Services Revenue as per IFRS $1,992.4 Effect of Foreign currency exchange movement $ (12.9) Non-GAAP Constant Currency IT Services Revenue based on $1,979.5 exchange rates of comparable period in previous year

EX-99.3

Exhibit 99.3

Wipro Limited

Extract of auditedfinancial results of Wipro Limited and its subsidiaries for the quarter ended September 30, 2020

Consolidated Audited Financial Results ofWipro Limited under IFRS

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

Particulars		Half year endedSeptember 30, 2020		Quarter ended<br>September 30, 2019
Total income from operations (net)	151,305		301,738	****	151,897
Net Profit / (Loss) before tax, exceptional and extraordinary items	32,071		63,022	****	31,343
Net Profit / (Loss) before tax but after exceptional and extraordinary items	32,071		63,022	****	31,343
Net Profit / (Loss) after tax, exceptional and extraordinary items	24,843		48,956	****	25,612
Total Comprehensive Income after tax	25,525		54,627	****	26,914
Equity Share Capital	11,430		11,430	****	11,426
Reserves excluding Revaluation Reserve	601,120		601,120	****	503,379
Earnings Per Share (after extraordinary items) (of 2/- each)
Basic:	4.33		8.53	****	4.30
Diluted:	4.32		8.51	****	4.29

All values are in Indian Rupees.

The audited interim consolidated financial results of the Company for the three and six months ended September 30, 2020 have been approved by the Board of Directors of the Company at its meeting held on October 13, 2020. The statutory auditors have expressed an unmodified audit opinion.

Financial Results of Wipro Limited under Ind AS

The interim condensed financial results are prepared in accordance with Indian Accounting Standards (“Ind AS”), the provisions of the Companies Act, 2013 (“the Companies Act”), as applicable and guidelines issued by the Securities and Exchange Board of India (“SEBI”). The Ind AS are prescribed under Section 133 of the Act read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and amendment rules issued thereafter.

These financial statements are prepared in accordance with Ind AS.

Consolidated Audited Financial Results of Wipro Limited under Ind AS

Particulars		Half year endedSeptember 30, 2020		Quarter ended<br>September 30, 2019
Total income from operations (net)	150,967		300,195	****	151,306
Net Profit / (Loss) before tax, exceptional and extraordinary items	32,073		63,026	****	31,345
Net Profit / (Loss) before tax but after exceptional and extraordinary items	32,073		63,026	****	31,345
Net Profit / (Loss) after tax, exceptional and extraordinary items	24,844		48,959	****	25,613
Total Comprehensive Income after tax	25,622		54,729	****	26,815
Equity Share Capital	11,430		11,430	****	11,426
Reserves excluding Revaluation Reserve	596,981		596,981	****	499,398
Earnings Per Share (after extraordinary items) (of 2/- each)
Basic:	4.33		8.53	****	4.30
Diluted:	4.32		8.51	****	4.29

All values are in Indian Rupees.

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

Website: www.wipro.com; Email Id- Info@wipro.com; Tel: +91-80-2844 0011; Fax: +91-80-2844 0054

The audited interim consolidated financial results (under Ind AS) of the Company for the three and six months endedSeptember 30, 2020 have been approved by the Board of Directors of the Company at its meeting held on October 13, 2020. The statutory auditors have expressed an unmodified audit opinion.

Standalone Audited Financial Results of Wipro Limited under Ind AS

Particulars		Half year endedSeptember 30, 2020		Quarter ended<br>September 30, 2019
Total income from operations (net)	122,504		244,433	****	125,226
Net Profit / (Loss) before tax, exceptional and extraordinary items	28,530		56,519	****	27,684
Net Profit / (Loss) before tax but after exceptional and extraordinary items	28,530		56,519	****	27,684
Net Profit / (Loss) after tax, exceptional and extraordinary items	22,440		44,366	****	22,470
Total Comprehensive Income after tax	24,703		50,096	****	22,235
Equity Share Capital	11,430		11,430	****	11,426
Reserves excluding Revaluation Reserve	504,026		504,026	****	421,147
Earnings Per Share (after extraordinary items) (of 2/- each)
Basic:	3.94		7.79	****	3.79
Diluted:	3.93		7.78	****	3.78

All values are in Indian Rupees.

The audited interim financial results of the Company for the three and six months ended September 30, 2020 have been approved by the Board of Directors of the Company at its meeting held on October 13, 2020. The statutory auditors have expressed an unmodified audit opinion.

Notes:

1.	The above is an extract of the detailed format of Quarterly Financial Results filed with the Stock Exchanges<br>under Regulation 33 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015. The full format of the Quarterly Financial Results are available on the Bombay Stock Exchange website (URL: www.bseindia.com), the National Stock Exchange<br>website (URL: www.nseindia.com) and on the Company’s website (URL: www.wipro.com).
2.	On October 13, 2020, the Board of Directors approved a buyback proposal, subject to the approval of<br>shareholders through postal ballot, for purchase by the Company of up to 237,500,000 equity shares of ₹ 2 each (being 4.16% of total paid-up equity share capital as at September 30, 2020) from the shareholders of the Company on a proportionate basis by way of a tender offer at a price of ₹ 400 per equity share for an aggregate amount not exceeding ₹ 95,000 million, in accordance with the<br>provisions contained in the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018 and the Companies Act, 2013 and rules made thereunder.
---	---
3.	On October 13, 2020, the Company entered into a definitive agreement to acquire Eximius Design, LLC and<br>Eximius Design India Private Limited, a leading engineering services company with expertise in semiconductor, software and systems design for a total consideration of USD 80 million. The acquisition is subject to customary closing conditions<br>and regulatory approvals and is expected to be concluded in the quarter ending December 31, 2020.
---	---

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

Website: www.wipro.com; Email Id- Info@wipro.com; Tel: +91-80-2844 0011; Fax: +91-80-2844 0054

	By Order of the Board,
	For Wipro Limited
Place: Bengaluru	Rishad A. Premji
Date: October 13, 2020	Chairman

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

Website: www.wipro.com; Email Id- Info@wipro.com; Tel: +91-80-2844 0011; Fax: +91-80-2844 0054

EX-99.4

Exhibit 99.4

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS UNDER IFRS

AS AT AND FOR THE THREE AND SIX MONTHS ENDED SEPTEMBER 30, 2020

WIPRO LIMITED AND SUBSIDIARIES
INTERIM CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION
( in millions, except share and per share data, unless otherwise stated)
		As at March 31, 2020		As at September 30, 2020
						Convenience translationinto US dollar in millions(unaudited) Refer to<br>Note 2(iii)
ASSETS
Goodwill	6		131,012		135,137		1,838
Intangible assets	6		16,362		15,347		209
Property, plant and equipment	4		81,120		81,984		1,115
Right-of-Use<br>assets	5		16,748		14,943		203
Financial assets
Derivative assets	17		—		14		^
Investments	8		9,302		8,363		114
Trade receivables			6,049		6,011		82
Other financial assets	11		5,881		6,720		91
Investments accounted for using the equity method			1,383		1,374		19
Deferred tax assets			6,005		1,437		20
Non-current tax assets			11,414		13,446		183
Other non-current assets	12		11,935		11,192		152
Total non-current assets		****	297,211	****	295,968	****	4,026
Inventories	9		1,865		1,311		18
Financial assets
Derivative assets	17		3,025		3,200		44
Investments	8		189,635		258,129		3,510
Cash and cash equivalents	10		144,499		152,423		2,073
Trade receivables			104,474		89,541		1,217
Unbilled receivables			25,209		23,884		324
Other financial assets	11		8,614		10,893		148
Contract assets			17,143		15,492		211
Current tax assets			2,882		2,294		31
Other current assets	12		22,505		22,080		300
Total current assets		****	519,851	****	579,247	****	7,876
TOTAL ASSETS		****	817,062	****	875,215	****	11,902
EQUITY
Share capital			11,427		11,430		155
Share premium			1,275		1,711		23
Retained earnings			476,103		517,217		7,033
Share-based payment reserve			1,550		1,747		24
SEZ Re-investment reserve			43,804		51,437		699
Other components of equity			23,299		29,008		395
Equity attributable to the equity holders of the Company		****	557,458	****	612,550	****	8,329
Non-controlling interest			1,875		1,201		16
TOTAL EQUITY		****	559,333	****	613,751	****	8,345
LIABILITIES
Financial liabilities
Loans and borrowings	13		4,840		225		3
Derivative liabilities	17		138		13		^
Lease liabilities			12,638		12,320		168
Other financial liabilities	14		151		657		9
Deferred tax liabilities			2,825		3,067		42
Non-current tax liabilities			13,205		12,186		166
Other non-current liabilities	15		7,537		7,320		100
Provisions	16		2		1		^
Total non-current liabilities		****	41,336	****	35,789	****	488
Financial liabilities
Loans, borrowings and bank overdrafts	13		73,202		74,293		1,010
Derivative liabilities	17		7,231		1,732		24
Trade payables and accrued expenses			78,129		82,023		1,115
Lease liabilities			6,560		7,286		99
Other financial liabilities	14		899		1,151		16
Contract liabilities			18,775		19,427		264
Current tax liabilities			11,731		14,531		198
Other current liabilities	15		19,254		24,445		332
Provisions	16		612		787		11
Total current liabilities		****	216,393	****	225,675	****	3,069
TOTAL LIABILITIES		****	257,729	****	261,464	****	3,557
TOTAL EQUITY AND LIABILITIES		****	817,062	****	875,215	****	11,902
^ Value is less than<br>1
The<br>accompanying notes form an integral part of these interim condensed consolidated financial statements
As per our report of even<br>date attached	For and on behalf of the Board of Directors

All values are in Indian Rupees.

for Deloitte Haskins & Sells LLP	Rishad A. Premji	M. K. Sharma	Thierry Delaporte
Chartered Accountants<br> <br>Firm<br>Registration No: 117366W/W—100018	Chairman	Director	Chief Executive Officer & Managing Director
Vikas Bagaria	Jatin Pravinchandra Dalal		M. Sanaulla Khan
Partner	Chief Financial Officer		Company Secretary
Membership No. 60408
Bengaluru
October 13, 2020

1

WIPRO LIMITED AND SUBSIDIARIES
INTERIM CONDENSED CONSOLIDATED STATEMENT OF INCOME
( in millions, except share and per share data, unless otherwise stated)
		Three months ended September 30,									Six months ended September 30,
		2019			2020			2020			2019			2020			2020
								Conveniencetranslation intoUS dollar inmillions(unaudited)Refer to<br>Note 2(iii)									Conveniencetranslation intoUS dollar inmillions(unaudited)Refer to<br>Note 2(iii)
Revenues	20		151,256			151,145			2,055			298,417			300,276			4,083
Cost of revenues	21		(108,006	)		(105,387	)		(1,433	)		(212,279	)		(209,087	)		(2,843	)
Gross profit		****	43,250	****	****	45,758	****	****	622	****	****	86,138	****	****	91,189	****	****	1,240	****
Selling and marketing expenses	21		(10,629	)		(9,606	)		(132	)		(21,582	)		(19,395	)		(264	)
General and administrative expenses	21		(6,527	)		(8,177	)		(111	)		(14,646	)		(18,183	)		(247	)
Foreign exchange gains	23		591			338			5			1,449			1,543			21
Other operating income/(loss), net	26		50			(178	)		(2	)		749			(81	)		(1	)
Results from operating activities		****	26,735	****	****	28,135	****	****	382	****	****	52,108	****	****	55,073	****	****	749	****
Finance expenses	22		(2,247	)		(1,267	)		(17	)		(3,831	)		(2,566	)		(35	)
Finance and other income	23		6,857			5,209			71			13,804			10,490			143
Share of net profit /(loss) of associates accounted for using the equity method			(2	)		(6	)		^			(18	)		25			^
Profit before tax		****	31,343	****	****	32,071	****	****	436	****	****	62,063	****	****	63,022	****	****	857	****
Income tax expense	19		(5,731	)		(7,228	)		(98	)		(12,430	)		(14,066	)		(191	)
Profit for the period		****	25,612	****	****	24,843	****	****	338	****	****	49,633	****	****	48,956	****	****	666	****
Profit attributable to:
Equity holders of the Company			25,526			24,656			335			49,400			48,558			661
Non-controlling interest			86			187			3			233			398			5
Profit for the period		****	25,612	****	****	24,843	****	****	338	****	****	49,633	****	****	48,956	****	****	666	****
Earnings per equity share:	24
Attributable to equity holders of the Company
Basic			4.30			4.33			0.06			8.27			8.53			0.12
Diluted			4.29			4.32			0.06			8.25			8.51			0.12
Weighted average number of equity shares used in computing earnings per equity<br>share																****
Basic			5,936,393,069			5,694,035,551			5,694,035,551			5,975,454,269			5,693,689,502			5,693,689,502
Diluted			5,948,113,661			5,706,874,339			5,706,874,339			5,986,683,086			5,705,850,555			5,705,850,555

All values are in Indian Rupees.

^ Value is less than<br>1
The accompanying<br>notes form an integral part of these interim condensed consolidated financial statements
As per our report of even<br>date attached	For and on behalf of the Board of Directors
for Deloitte Haskins & Sells LLP	Rishad A. Premji	M. K. Sharma	Thierry Delaporte
---	---	---	---
Chartered Accountants<br> <br>Firm<br>Registration No: 117366W/W—100018	Chairman	Director	Chief Executive Officer & Managing Director
Vikas Bagaria	Jatin Pravinchandra Dalal		M. Sanaulla Khan
Partner	Chief Financial Officer		Company Secretary
Membership No. 60408
Bengaluru
October 13, 2020

2

WIPRO LIMITED AND SUBSIDIARIES
INTERIM CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
( in millions, except share and per share data, unless otherwise stated)
		Three months ended September 30,									Six months ended September 30,
		2019			2020			2020			2019			2020			2020
								Conveniencetranslation intoUS dollar inmillions(unaudited)Refer to Note2(iii)									Conveniencetranslation intoUS dollar inmillions(unaudited)Refer to Note2(iii)
Profit for the period		****	25,612	****	****	24,843	****	****	338	****	****	49,633	****	****	48,956	****	****	666	****
Other comprehensive income (OCI)
Items that will not be reclassified to statement of income in subsequent<br>periods							****
Remeasurements of the net defined benefit liability/asset comprising actuarial gains<br>and losses			(313	)		135			2			(226	)		(156	)		(2	)
Net change in fair value of equity instruments measured at fair value through OCI			71			(268	)		(4	)		75			192			3
		****	(242	)	****	(133	)	****	(2	)	****	(151	)	****	36	****	****	1	****
Items that may be reclassified to statement of income in subsequent<br>periods							****
Foreign currency translation differences	18		1,495			(1,302	)		(18	)		1,803			(211	)		(3	)
Net change in time value of option contracts designated as cash flow hedges			(229	)		68			1			(319	)		154			2
Net change in intrinsic value of option contracts designated as cash flow hedges			(99	)		422			6			24			1,048			14
Net change in fair value of forward contracts designated as cash flow hedges			(398	)		1,937			26			(179	)		2,033			28
Net change in fair value of debt instruments measured at fair value through OCI			775			(310	)		(4	)		1,414			2,611			36
		****	1,544	****	****	815	****	****	11	****	****	2,743	****	****	5,635	****	****	77	****
Total other comprehensive income, net of taxes			1,302			682			9			2,592			5,671			78
Total comprehensive income for the period		****	26,914	****	****	25,525	****	****	347	****	****	52,225	****	****	54,627	****	****	744	****
Total Comprehensive income attributable to:
Equity holders of the Company			26,773			25,312			344			51,951			54,267			739
Non-controlling interest			141			213			3			274			360			5
		26,914			25,525			347			52,225			54,627			744

All values are in Indian Rupees.

The accompanying notes form an integral part of these interim condensed consolidated<br>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	M. K. Sharma	Thierry Delaporte
---	---	---	---
Chartered Accountants<br> <br>Firm<br>Registration No: 117366W/W—100018	Chairman	Director	Chief Executive Officer & Managing Director
Vikas Bagaria	Jatin Pravinchandra Dalal		M. Sanaulla Khan
Partner	Chief Financial Officer		Company Secretary
Membership No. 60408
Bengaluru
October 13, 2020

3

WIPRO LIMITED AND SUBSIDIARIES
INTERIM CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
( in millions, except share and per share data, unless otherwise stated)
																Other components of equity							Equity attributableto the equityholders of theCompany			Non-controllinginterest			Totalequity
Particulars			Sharecapital,fullypaid-up			Sharepremium		Retainedearnings			Share-basedpaymentreserve			SEZRe-investmentreserve		Foreigncurrencytranslationreserve		Cashflowhedgingreserve			Otherreserves
As at April 1, 2019	6,033,935,388			12,068			533		506,135			2,617			28,565		15,250		2,415			533	****	568,116	****		2,637		****	570,753	****
Adjustment on adoption of IFRS 16 (net of tax)	—			—			—		(872	)		—			—		—		—			—	****	(872	)		—		****	(872	)
Adjusted balances as at April 1, 2019	6,033,935,388			12,068			533		505,263			2,617			28,565		15,250		2,415			533	****	567,244	****		2,637		****	569,881	****
Comprehensive income for the period
Profit for the period	—			—			—		49,400			—			—		—		—			—		49,400			233			49,633
Other comprehensive income	—			—			—		—			—			—		1,762		(474	)		1,263		2,551			41			2,592
Total comprehensive income for the period	—			—			—		49,400			—			—		1,762		(474	)		1,263	****	51,951	****		274		****	52,225	****
Transaction with owners of the Company, recognized directly in equity
Issue of equity shares on exercise of options	2,048,403			4			614		—			(614	)		—		—		—			—	****	4	****		—		****	4	****
Buyback of equity shares	(323,076,923	)		(646	)		—		(105,000	)		—			—		—		—			646	****	(105,000	)		—		****	(105,000	)
Transaction cost related to buyback	—			—			—		(298	)		—			—		—		—			—	****	(298	)		—		****	(298	)
Issue of shares by controlled trust on exercise of options *	—			—			—		574			(574	)		—		—		—			—	****	—	****		—		****	—	****
Compensation cost related to employee share based payment	—			—			—		5			899			—		—		—			—	****	904	****		—		****	904	****
Cash dividend paid	—			—			—		—			—			—		—		—			—	****	—	****		(1,415	)	****	(1,415	)
Total transactions with owners of the Company	(321,028,520	)	****	(642	)	****	614	****	(104,719	)	****	(289	)	****	—	****	—	****	—	****	****	646	****	(104,390	)	****	(1,415	)	****	(105,805	)
As at September 30, 2019	5,712,906,868	****	****	11,426	****	****	1,147	****	449,944	****	****	2,328	****	****	28,565	****	17,012	****	1,941	****	****	2,442	****	514,805	****	****	1,496	****	****	516,301	****

All values are in Indian Rupees.

4

WIPRO LIMITED AND SUBSIDIARIES
INTERIM CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
( in millions, except share and per share data, unless otherwise stated)
														Other components of equity								Equity attributableto the equityholders of theCompany		Non-controllinginterest			Totalequity
Particulars		Sharecapital,fullypaid-up		Sharepremium		Retainedearnings			Share-basedpaymentreserve			SEZRe-investmentreserve		Foreigncurrencytranslationreserve			Cashflowhedgingreserve			Otherreserves
As at April 1, 2020	5,713,357,390	****	11,427	****	1,275	****	476,103	****	****	1,550	****	****	43,804	****	23,539	****	****	(2,315	)	****	2,075	****	557,458	****	1,875	****	****	559,333	****
Comprehensive income for the period
Profit for the period	—		—		—		48,558			—			—		—			—			—		48,558		398			48,956
Other comprehensive income	—		—				—			—			—		(173	)		3,235			2,647		5,709		(38	)		5,671
Total comprehensive income for the period	—	****	—	****	—	****	48,558	****	****	—	****	****	—	****	(173	)	****	3,235	****	****	2,647	****	54,267	****	360	****	****	54,627	****
Transaction with owners of the Company, recognized directly in equity
Issue of equity shares on exercise of options	1,593,498		3		436		—			(436	)		—		—			—			—	****	3		—		****	3	****
Issue of shares by controlled trust on exercise of<br>options *	—		—		—		187			(187	)		—		—			—			—	****	—		—		****	—	****
Compensation cost related to employee share-based payment	—		—		—		2			820			—		—			—			—	****	822		—		****	822	****
Transferred to special economic zone re-investment<br>reserve	—		—		—		(7,633	)		—			7,633		—			—			—	****	—		—		****	—	****
Cash dividend paid	—		—		—		—			—			—		—			—			—	****	—		(960	)	****	(960	)
Others	—		—		—		—			—			—		—			—			—	****	—		(74	)	****	(74	)
Total transactions with owners of the Company	1,593,498	****	3	****	436	****	(7,444	)	****	197	****	****	7,633	****	—	****	****	—	****	****	—	****	825	****	(1,034	)	****	(209	)
As at September 30, 2020	5,714,950,888	****	11,430	****	1,711	****	517,217	****	****	1,747	****	****	51,437	****	23,366	****	****	920	****	****	4,722	****	612,550	****	1,201	****	****	613,751	****
Convenience translation into US dollar in millions (unaudited) Refer to Note<br>2(iii)		****	155	****	23	****	7,033	****	****	24	****	****	699	****	318	****	****	13	****	****	64	****	8,329	****	16	****	****	8,345	****
* Includes 24,781,027 and 21,903,855 treasury shares held<br>as at September 30, 2019 and 2020, respectively by a controlled trust. 2,572,826 and 842,226 shares have been transferred by the controlled trust to eligible employees on exercise of options during the period ended September 30, 2019 and<br>2020.

All values are in Indian Rupees.

The accompanying notes form an integral part of these interim condensed consolidated<br>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	M. K. Sharma	Thierry Delaporte
---	---	---	---
Chartered Accountants<br> <br>Firm<br>Registration No: 117366W/W—100018	Chairman	Director	Chief Executive Officer & Managing Director
Vikas Bagaria	Jatin Pravinchandra Dalal		M. Sanaulla Khan
Partner	Chief Financial Officer		Company Secretary
Membership No. 60408
Bengaluru
October 13, 2020

5

WIPRO LIMITED AND SUBSIDIARIES
INTERIM CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
( in millions, except share and per share data, unless otherwise stated)
			2020			2020
						Convenience translationinto US dollar inmillions (unaudited)Refer to Note 2(iii)
Cash flows from operating activities:
Profit for the period	49,633			48,956			666
Adjustments to reconcile profit for the period to net cash generated from operating<br>activities:
(Gain)/ loss on sale of property, plant and equipment and intangible assets, net	70			(309	)		(4	)
Depreciation, amortization and impairment expense	9,769			12,734			173
Unrealized exchange (gain)/ loss, net and exchange (gain)/ loss on borrowings	3,150			(3,015	)		(41	)
Share-based compensation expense	899			1,229			17
Share of net (profit)/ loss of associates accounted for using equity method	18			(25	)		^
Income tax expense	12,430			14,066			191
Finance and other income, net of finance expenses	(11,103	)		(8,395	)		(114	)
(Gain)/loss from sale of business	(749	)		81			1
Changes in operating assets and liabilities, net of effects from acquisitions
Trade receivables	4,128			15,376			209
Unbilled receivables and contract assets	(4,126	)		2,910			40
Inventories	1,279			554			8
Other assets	(2,455	)		4,061			55
Trade payables, accrued expenses, other liabilities and provisions	(3,897	)		7,774			106
Contract liabilities	(6,403	)		611			8
Cash generated from operating activities before taxes	52,643			96,608			1,315
Income taxes (paid)/refund , net	3,365			(10,664	)		(145	)
Net cash generated from operating activities	56,008	****	****	85,944	****	****	1,170	****
Cash flows from investing activities:
Purchase of property, plant and equipment	(11,288	)		(8,353	)		(114	)
Proceeds from sale of property, plant and equipment	325			464			6
Purchase of investments	(602,255	)		(584,747	)		(7,951	)
Proceeds from sale of investments	678,519			520,360			7,076
Payment for business acquisitions including deposits and escrow, net of cash acquired	(3,230	)		(5,621	)		(76	)
Proceeds from sale of business	7,459			—			—
Interest received	14,319			9,086			124
Dividend received	189			1			^
Net cash generated from/ (used in) investing activities	84,038	****	****	(68,810	)	****	(935	)
Cash flows from financing activities:
Proceeds from issuance of equity shares and shares pending allotment	9			3			^
Repayment of loans and borrowings	(51,047	)		(44,980	)		(612	)
Proceeds from loans and borrowings	44,572			43,412			590
Repayment of lease liabilities	(3,193	)		(4,503	)		(61	)
Payment for buy back of shares, including transaction cost	(105,298	)		—			—
Interest paid	(2,473	)		(1,739	)		(24	)
Payment of cash dividend to Non-controlling interest<br>holders	(1,415	)		(960	)		(13	)
Net cash used in financing activities	(118,845	)	****	(8,767	)	****	(120	)
Net increase in cash and cash equivalents during the period	21,201			8,367			115
Effect of exchange rate changes on cash and cash equivalents	621			(49	)		(1	)
Cash and cash equivalents at the beginning of the period	158,525			144,104			1,960
Cash and cash equivalents at the end of the period (Note 10)	180,347	****	****	152,422	****	****	2,074	****
^ Value is less than<br>1
The accompanying<br>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

All values are in Indian Rupees.

for Deloitte Haskins & Sells LLP	Rishad A. Premji	M. K. Sharma	Thierry Delaporte
Chartered Accountants<br> <br>Firm<br>Registration No: 117366W/W—100018	Chairman	Director	Chief Executive Officer & Managing Director
Vikas Bagaria	Jatin Pravinchandra Dalal		M. Sanaulla Khan
Partner	Chief Financial Officer		Company Secretary
Membership No. 60408
Bengaluru
October 13, 2020

6

WIPRO LIMITED AND SUBSIDIARIES

NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(₹inmillions, 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 global information technology (“IT”), consulting and business process services (“BPS”) company.

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 Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd. The Company’s American Depository Shares (“ADS”) representing equity shares are also listed on the New York Stock Exchange.

These interim condensed consolidated financial statements were authorized for issue by the Company’s Board of Directors on October 13, 2020.

2. Basis of preparation of interim condensedconsolidated financial statements

(i) Statement of compliance and basis of preparation

These 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, 2020. 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 statements of income and statements of financial position. These items are disaggregated separately in the notes to the financial statement, where applicable. The accounting policies have been consistently applied to all periods presented in these interim condensed consolidated financial statements except for the adoption of new accounting standards, amendments and interpretations effective from April 1, 2020.

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.

(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) recognized as the present value of defined benefit obligation less fair<br>value of plan assets; and
---	---
d.	Contingent consideration.
---	---

(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 six months ended September 30, 2020, have been translated into United States dollars at the certified foreign exchange rate of US$1 = ₹ 73.54 as published by Federal Reserve Board of Governors on September 30, 2020. 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, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from those estimates.

Estimates and underlying assumptions are reviewed on an ongoing basis. Revision to accounting estimates are recognized in the period in which the estimates are revised and in any future periods affected. In particular, information about significant areas of estimation, uncertainty and critical judgments in applying accounting policies that have the most significant 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. The Company allocates the arrangement consideration to<br>separately identifiable performance obligation deliverables based on their relative stand-alone selling price. In cases where the Company is unable to

7

determine the stand-alone selling price, the company uses expected cost plus margin approach in estimating the stand-alone selling price. The Company uses the percentage of completion method<br>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 expected contract revenue and costs. This method is followed<br>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 complete include estimates of future labor costs and<br>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 timing of revenue for remaining performance<br>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 probable. Volume discounts are recorded as a<br>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 and intangible assets with indefinite useful life recognized on business<br>combination are tested for impairment at least annually and when events occur or changes in circumstances indicate that the recoverable amount of an asset or a cash generating unit to which an asset pertain is less than the carrying value. The<br>Company assesses acquired intangible assets 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<br>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<br>and assumptions which include turnover, growth 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<br>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<br>resolved over extended time periods.
---	---
d)	Deferred taxes: Deferred tax is recorded on temporary differences between the tax bases of assets and<br>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<br>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<br>considered realizable, however, could reduce in the near term if estimates of future taxable income during the carry-forward period are reduced.
---	---
e)	Business combination: In accounting for business combinations, judgment is required in identifying<br>whether 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.
---	---
f)	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 the<br>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.
---	---
g)	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 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.
---	---
h)	**Measurement of fair value of non-marketable equity investments:**These instruments are initially recorded at cost and subsequently measured at fair value. Fair value of investments is determined using the market and income approaches. The market approach includes the use of financial metrics and ratios of<br>comparable companies, such as revenue, earnings, comparable performance multiples, recent financial rounds and the level of marketability of the investments. The selection of comparable companies requires management judgment and is based on a number<br>of factors, including comparable company sizes, growth rates, and development stages. The income approach includes the use of discounted cash flow model, which requires significant estimates regarding the investees’ revenue, costs, and discount<br>rates based on the risk profile of comparable companies. Estimates of revenue and costs are developed using available historical and forecast data.
---	---
i)	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. The lives<br>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.
---	---
j)	Useful lives of intangible assets: The Company amortizes intangible assets on a straight-line basis over<br>estimated useful lives of the assets. The useful life is estimated based on a number of factors including the effects of obsolescence, demand, competition and other economic factors such as the stability of the industry and known technological<br>advances and the level of maintenance expenditures required to obtain the expected future cash flows from the assets. The estimated useful life is reviewed at least annually.
---	---

8

k)	Leases: IFRS 16 defines a lease term as the<br>non-cancellable period for which the lessee has the right to use an underlying asset including optional periods, when an entity is reasonably certain to exercise an option to extend (or not to terminate) a<br>lease. The Company considers all relevant facts and circumstances that create an economic incentive for the lessee to exercise the option when determining the lease term. The option to extend lease is included in the lease term, if it is reasonably<br>certain that the lessee will exercise the option. The Company reassesses the option upon occurrence of either a significant event or change in circumstances that are within the control of the lessee.
l)	Other estimates: The share-based compensation expense is determined based on the Company’s<br>estimate of equity instruments that will eventually vest. Fair valuation of derivative hedging instruments designated as cash flow hedges involves significant estimates relating to the occurrence of forecasted transaction.
---	---
m)	Uncertainty relating to the global health pandemic on COVID-19:In assessing the recoverability of receivables including unbilled receivables, contract assets and contract costs, goodwill, intangible assets, and certain investments, the Company has considered internal and external information up to<br>the date of approval of these interim condensed consolidated financial statements including credit reports and economic forecasts. The Company has performed sensitivity analysis on the assumptions used herein. Based on the current indicators of<br>future economic conditions, the Company expects to recover the carrying amount of these assets.
---	---

The Company basis its assessment believes that the probability of the occurrence of forecasted transactions is not impacted by COVID-19. The Company has also considered the effect of changes, if any, in both counterparty credit risk and own credit risk while assessing hedge effectiveness and measuring hedge ineffectiveness and continues to believe that there is no impact on effectiveness of its hedges.

The impact of COVID-19 remains uncertain and may be different from what we have estimated as of the date of approval of these interim condensed consolidated financial statements and the Company will continue to closely monitor any material changes to future economic conditions.

3. Significant accounting policies

Please refer to the Company’s Annual report for the year ended March 31, 2020, for a discussion of the Company’s other critical accounting policies except for the adoption of new accounting standards, amendments and interpretations effective on or after April 1, 2020.

New Accounting standards, amendments and interpretations adopted by the Company effective from April 1, 2020:

Amendment to IFRS 3—Business combination

The International Accounting Standard Board has issued amendments to IFRS 3, ‘Business Combinations’, in connection with clarification of business definition, which help in determining whether an acquisition made is of a business or a group of assets. The amendment added a test that makes it easier to conclude that a Company has acquired a group of assets, rather than a business, if the value of the assets acquired is substantially all concentrated in a single asset or group of similar assets. The adoption of amendment to IFRS 3 is applicable to new acquisition on a prospective basis and did not have any impact on the interim condensed consolidated financial statements of the Company.

Amendment to IFRS 9, IAS 39 and IFRS 7 – Interest Rate Benchmark Reform

The IASB amended some of its requirements for hedge accounting. The amendments provide relief from potential effects of the uncertainty caused by the IBOR reform. In addition, the amendments require companies to provide additional information to investors about their hedging relationships that are directly affected by these uncertainties. The adoption of amendment to IFRS 9, IAS 39 and IFRS 7 did not have any significant material impact on the interim condensed consolidated financial statements of the Company.

Amendment to IAS 1 and IAS 8 –Definition of Material

The IASB issued Amendment to IAS 1 Presentation of Financial Statements and IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors to update a new definition of material in IAS 1. The amendments clarify the definition of “material” and how it should be applied by including in the definition guidance that until now has featured elsewhere in IFRS Standards. The new definition clarifies that, information is considered material if omitting, misstating, or obscuring such information, could reasonably be expected to influence the decisions that the primary users of general-purpose financial statements make on the basis of those financial statements. The definition of material in IAS 8 has been replaced by a reference to the definition of material in IAS 1. In addition, the IASB amended other Standards and the Conceptual Framework that contain a definition of material or refer to the term ‘material’ to ensure consistency. The adoption of the amendment to IAS 1 and IAS 8 did not have any material impact on its evaluation of materiality in relation to the interim condensed consolidated financial statements.

Amendment to IFRS 16 – Leases

The IASB issued amendments to IFRS 16, “Leases”, provide lessees with an exemption from assessing whether a COVID-19-related rent concession is a lease modification. The amendments allowed the expedient to be applied to COVID-19-related rent concessions to payments originally due on or before June 30, 2021 and also require disclosure of the amount recognized in profit or loss to reflect changes in lease payments that arise from COVID-19-related rent concessions. The reporting period in which a lessee first applies the amendment, it is not required to disclose certain quantitative information required under IAS 8. Accordingly, the Company recognized ₹ 5 and ₹ 28 as reversal of lease liability in the interim condensed consolidated statement of income for the three and six months ended September 30, 2020 respectively.

9

New amendments not yet adopted:

Certain new standards, amendments to standards and interpretations are not yet effective for annual periods beginning after April 1, 2020 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:

Amendment to IAS 1 – Presentation of Financial Statements

On January 23, 2020, the IASB has issued “Classification of liabilities as Current or Non-Current (Amendments to IAS 1)” providing a more general approach to the classification of liabilities under IAS 1 based on the contractual arrangement in place at the reporting date. The amendments aim to promote consistency in applying the requirements by helping companies to determine whether, in the statement of financial position, debt and other liabilities with an uncertain settlement date should be classified as current (due or potentially due to be settled within one year) or non-current. The amendments also clarified the classification requirements for debt a company might settle by converting it into equity. These amendments are effective for annual reporting periods beginning on or after January 1, 2023 and are to be applied retrospectively, with earlier application permitted. The Company is currently evaluating the impact of amendment to IAS 1 on the consolidated financial statements.

Amendment to IAS 37 – Onerous Contracts – Cost of Fulfilling a Contract

On May 14, 2020, the IASB issued “Onerous Contracts — Cost of Fulfilling a Contract (Amendments to IAS 37)”, amending the standard regarding costs a company should include as the cost of fulfilling a contract when assessing whether a contract is onerous. The amendment specifies that the “cost of fulfilling” a contract comprises the “costs that relate directly to the contract”. Costs that relate directly to a contract can either be incremental costs of fulfilling that contract or an allocation of other costs that relate directly to fulfilling contracts. These amendments are effective for annual reporting periods beginning on or after January 1, 2022, with earlier application permitted. The Company is currently evaluating the impact of amendment to IAS 37 on the consolidated financial statements.

10

4. Property, plant and equipment
	Land	Buildings	Plant andmachinery *	Furniturefixturesandequipment	Vehicles	Total
Gross carrying value:
As at April 1, 2019	₹ 3,697	₹ 27,490	₹ 92,366	₹ 16,505	₹ 948	₹ 141,006
Reclassified on adoption of IFRS 16	—	—	(3,420)	—	—	(3,420)
Adjusted balance as at April 1, 2019	₹3,697	₹ 27,490	₹ 88,946	₹ 16,505	₹ 948	₹ 137,586
Translation adjustment	—	1	374	13	(1)	387
Additions	55	1,045	6,198	1,575	4	8,877
Additions through Business combinations	—	—	18	—	—	18
Disposals	—	(57)	(1,978)	(68)	(117)	(2,220)
As at September 30, 2019	₹3,752	₹ 28,479	₹ 93,558	₹ 18,025	₹ 834	₹ 144,648
Accumulated depreciation/ impairment:
As at April 1, 2019	₹ —	₹ 6,715	₹ 73,188	₹ 12,593	₹ 682	₹ 93,178
Reclassified on adoption of IFRS 16	—	—	(2,177)	—	—	(2,177)
Adjusted balance as at April 1, 2019	₹ —	₹ 6,715	₹ 71,011	₹ 12,593	₹ 682	₹ 91,001
Translation adjustment	—	6	302	8	(1)	315
Depreciation and impairment	—	648	4,006	780	102	5,536
Disposals	—	(22)	(1,648)	(34)	(101)	(1,805)
As at September 30, 2019	₹—	₹ 7,347	₹ 73,671	₹ 13,347	₹ 682	₹ 95,047
Capital<br>work-in-progress						₹ 25,589
Net carrying value including Capital work-in-progress as at September 30, 2019						₹ 75,190
Gross carrying value:
As at April 1, 2019	₹ 3,697	₹ 27,490	₹ 92,366	₹ 16,505	₹ 948	₹ 141,006
Reclassified on adoption of IFRS 16	—	—	(3,420)	—	—	(3,420)
Adjusted balance as at April 1, 2019	₹3,697	₹ 27,490	₹ 88,946	₹ 16,505	₹ 948	₹ 137,586
Translation adjustment	9	84	1,437	129	(5)	1,654
Additions	55	9,130	13,571	3,487	11	26,254
Additions through Business combinations	—	5	417	7	—	429
Disposals	—	(199)	(3,676)	(258)	(146)	(4,279)
As at March 31, 2020	₹3,761	₹ 36,510	₹ 100,695	₹ 19,870	₹ 808	₹ 161,644
Accumulated depreciation/ impairment:
As at April 1, 2019	₹ —	₹ 6,715	₹ 73,188	₹ 12,593	₹ 682	₹ 93,178
Reclassified on adoption of IFRS 16	—	—	(2,177)	—	—	(2,177)
Adjusted balance as at April 1, 2019	₹—	₹ 6,715	₹ 71,011	₹ 12,593	₹ 682	₹ 91,001
Translation adjustment	—	32	1,066	91	(2)	1,187
Depreciation and impairment	—	1,319	8,628	1,556	175	11,678
Disposals	—	(118)	(2,649)	(99)	(128)	(2,994)
As at March 31, 2020	₹—	₹ 7,948	₹ 78,056	₹ 14,141	₹ 727	₹ 100,872
Capital<br>work-in-progress						₹ 20,348
Net carrying value including Capital work-in-progress as at March 31, 2020						₹ 81,120
Gross carrying value:
As at April 1, 2020	₹ 3,761	₹ 36,510	₹ 100,695	₹ 19,870	₹ 808	₹ 161,644
Translation adjustment	7	50	160	15	(2)	230
Additions	—	774	6,266	790	1	7,831
Additions through Business combinations	—	—	13	51	—	64
Disposals	(58)	(568)	(2,324)	(377)	(56)	(3,383)
As at September 30, 2020	₹3,710	₹ 36,766	₹ 104,810	₹ 20,349	₹ 751	₹ 166,386
Accumulated depreciation/ impairment:
As at April 1, 2020	₹ —	₹ 7,948	₹ 78,056	₹ 14,141	₹ 727	₹ 100,872
Translation adjustment	—	12	73	8	(1)	92
Depreciation and impairment **	—	747	5,289	878	43	6,957
Disposals	—	(530)	(2,193)	(303)	(53)	(3,079)
As at September 30, 2020	₹—	₹ 8,177	₹ 81,225	₹ 14,724	₹ 716	₹ 104,842
Capital<br>work-in-progress						₹ 20,440
Net carrying value including Capital work-in-progress as at September 30, 2020						₹ 81,984
*	Includes computer equipment and software.
---	---
**	Includes impairment charge on certain software platforms amounting to ₹ 44 and ₹ 237 for the three months and six months ended September 30, 2020, respectively.<br>
---	---

11

5. Right-of-Use assets	Category of Right-of-Use asset
	Land		Buildings			Plant andmachinery *			Vehicles			Total
Gross carrying value:
As at April 1, 2019	₹	2,003	₹	11,502		₹	2,941		₹	649		₹	17,095
Additions		—		956			783			175			1,914
Additions through Business combinations		—		135			—			—			135
Disposals		—		(27	)		(50	)		(41	)		(118	)
Translation adjustment		—		56			7			(1	)		62
As at September 30, 2019	₹	2,003	₹	12,622	****	₹	3,681	****	₹	782	****	₹	19,088	****
Accumulated depreciation:
Depreciation	₹	14	₹	1,758		₹	833		₹	128		₹	2,733
Disposals		—		(18	)		(46	)		(3	)		(67	)
Translation adjustment		—		2			—			(1	)		1
As at September 30, 2019	₹	14	₹	1,742	****	₹	787	****	₹	124	****	₹	2,667	****
Net carrying value as at September 30, 2019												₹	16,421	****
Gross carrying value:
As at April 1, 2019	₹	2,003	₹	11,502		₹	2,941		₹	649		₹	17,095
Additions		—		3,520			1,210			219			4,949
Additions through Business combinations		—		364			—			—			364
Disposals		—		(41	)		(47	)		(59	)		(147	)
Translation adjustment		—		279			132			17			428
As at March 31, 2020	₹	2,003	₹	15,624	****	₹	4,236	****	₹	826	****	₹	22,689	****
Accumulated depreciation:
Depreciation	₹	27	₹	3,884		₹	1,731		₹	269		₹	5,911
Disposals		—		(18	)		(47	)		(10	)		(75	)
Translation adjustment		—		62			37			6			105
As at March 31, 2020	₹	27	₹	3,928	****	₹	1,721	****	₹	265	****	₹	5,941	****
Net carrying value as at March 31, 2020												₹	16,748	****
Gross carrying value:
As at April 1, 2020	₹	2,003	₹	15,624		₹	4,236		₹	826		₹	22,689
Additions		—		1,033			186			26			1,245
Disposals		—		(518	)		(92	)		(58	)		(668	)
Additions through Business combinations		—		184			—			84			268
Translation adjustment		—		36			25			11			72
As at September 30, 2020	₹	2,003	₹	16,359	****	₹	4,355	****	₹	889	****	₹	23,606	****
Accumulated depreciation:
As at April 1, 2020	₹	27	₹	3,928		₹	1,721		₹	265		₹	5,941
Depreciation		14		2,192			819			139			3,164
Disposals		—		(336	)		(78	)		(41	)		(455	)
Translation adjustment		—		6			2			5			13
As at September 30, 2020	₹	41	₹	5,790	****	₹	2,464	****	₹	368	****	₹	8,663	****
Net carrying value as at September 30, 2020												₹	14,943	****
*	Includes computer equipment.
---	---

6. Goodwill and intangible assets

The movement in goodwill balance is given below:

	For the period ended
	March 31, 2020		September 30, 2020
Balance at the beginning of the period	₹	116,980	₹	131,012
Translation adjustment		9,199		(1,321	)
Acquisition through business combinations, net *		4,833		5,446
Balance at the end of the period	₹	131,012	₹	135,137	****
*	Acquisition through business combinations for the six months ended September 30, 2020 is net of ₹ (76) towards changes in the purchase price allocation of acquisitions made during the year ended March 31, 2020.
---	---

12

The movement in intangible assets is given below:

	Intangible assets
	Customer related			Marketing related			Total
Gross carrying value:
As at April 1, 2019	₹	26,924		₹	5,945		₹	32,869
Translation adjustment		319			119			438
Acquisition through business combinations		2,262			30			2,292
As at September 30, 2019	₹	29,505	****	₹	6,094	****	₹	35,599	****
Accumulated amortization/ impairment:
As at April 1, 2019	₹	15,345		₹	3,762		₹	19,107
Translation adjustment		45			77			122
Amortization		1,045			455			1,500
As at September 30, 2019	₹	16,435	****	₹	4,294	****	₹	20,729	****
Net carrying value as at September 30, 2019	₹	13,070	****	₹	1,800	****	₹	14,870	****
Gross carrying value:
As at April 1, 2019	₹	26,924		₹	5,945		₹	32,869
Translation adjustment		1,031			382			1,413
Acquisition through business combinations		4,535			371			4,906
As at March 31, 2020	₹	32,490	****	₹	6,698	****	₹	39,188	****
Accumulated amortization/ impairment:
As at April 1, 2019	₹	15,345		₹	3,762		₹	19,107
Translation adjustment		220			226			446
Amortization		2,333			940			3,273
As at March 31, 2020	₹	17,898	****	₹	4,928	****	₹	22,826	****
Net carrying value as at March 31, 2020	₹	14,592	****	₹	1,770	****	₹	16,362	****
Gross carrying value:
As at April 1, 2020	₹	32,490		₹	6,698		₹	39,188
Acquisition through business combinations		871			511			1,382
Translation adjustment		(79	)		(117	)		(196	)
As at September 30, 2020	₹	33,282	****	₹	7,092	****	₹	40,374	****
Accumulated amortization/ impairment:
As at April 1, 2020	₹	17,898		₹	4,928		₹	22,826
Translation adjustment		(84	)		(74	)		(158	)
Amortization and impairment *		1,820			539			2,359
As at September 30, 2020	₹	19,634	****	₹	5,393	****	₹	25,027	****
Net carrying value as at September 30, 2020	₹	13,648	****	₹	1,699	****	₹	15,347	****

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

*	includes impairment charge on certain intangible assets of ₹ 263 for the three months and six months ended September 30, 2020.

7.Business combination:

During the three and six months ended September 30, 2020, the Company has completed two business combinations (which individually are not material) for a total consideration of ₹ 7,011. These include (a) acquisition of IVIA Serviços de Informática Ltda. (“IVIA”), a specialized IT services provider to financial services, retail and manufacturing sectors in Brazil, and (b) acquisition of 4C NV and its subsidiaries (“4C”), a Salesforce multi-cloud partner in Europe, U.K. and the Middle East. The following table presents the provisional purchase price allocation:

Description	Purchase priceallocated
Net assets	₹	495
Customer related intangibles		871
Marketing related intangibles		511
Deferred tax liabilities on intangible assets		(388	)
Total	₹	1,489	****
Goodwill		5,522
Total purchase price	₹	7,011	****

13

The total consideration for IVIA includes a deferred earn-out component of ₹ 497, which is linked to achievement of revenues and earnings over a period of 3 years ending September 30, 2023. The fair value of the earn-out liability was estimated by applying the discounted cash-flow approach considering discount rate of 5.7% and probability adjusted revenue and earnings estimates. This earn-out liability was fair valued at ₹ 460 and recorded as part of provisional purchase price allocation.

Net assets acquired include ₹ 823 of cash and cash equivalents.

The goodwill of ₹ 5,522 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 these business combinations on the Company’s results were not material.

8. Investments

	As at
	March 31, 2020		September 30, 2020
Non-current
Financial instruments at FVTOCI
Equity instruments	₹	9,297	₹	8,358
Financial instruments at amortized cost
Inter corporate and term deposits *		5		5
	₹	9,302	₹	8,363
Current
Financial instruments at FVTPL
Investments in liquid and short-term mutual funds	₹	14,795	₹	46,639
Financial instruments at FVTOCI
Commercial paper, Certificate of deposits and bonds		155,587		183,273
Financial instruments at amortized cost
Inter corporate and term deposits *		19,253		28,217
	₹	189,635	₹	258,129
	₹	198,937	₹	266,492
*	These deposits earn a fixed rate of interest. Term deposits include<br>non- current and current deposits in lien with banks primarily on account of term deposits held as margin money deposits against guarantees amounting to ₹ 5, and ₹ 500, respectively (March 31, 2020: Term deposits non-current<br>of ₹ 5 and Term deposits current of ₹ 796).
---	---

9. Inventories

	As at
	March 31, 2020		September 30, 2020
Stores and spare parts	₹	613	₹	569
Finished and traded goods		1,252		742
	₹	1,865	₹	1,311

10. Cash and cash equivalents:

	As at
	March 31, 2020		September 30, 2020
Cash and bank balances	₹	34,087	₹	49,634
Demand deposits with banks *		110,412		102,789
	₹	144,499	₹	152,423
*	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 cash flow<br>statement:
---	---	---
	As at
	September 30, 2019	September 30, 2020
Cash and cash equivalents	₹ 180,441	₹ 152,423
Bank overdrafts	(94)	(1)
	₹180,347	₹ 152,422

14

11. Other financial assets

	As at
	March 31, 2020		September 30, 2020
Non-current
Security deposits	₹	1,581	₹	1,459
Interest receivables		1,139		1,139
Finance lease receivables		2,359		3,679
Others		802		443
	₹	5,881	₹	6,720
Current
Security deposits	₹	1,127	₹	1,411
Dues from officers and employees		1,040		573
Finance lease receivables		2,811		3,542
Interest receivables		2,581		3,679
Others		1,055		1,688
	₹	8,614	₹	10,893
	₹	14,495	₹	17,613

12. Other assets

	As at
	March 31, 2020		September 30, 2020
Non-current
Prepaid expenses	₹	4,535	₹	3,758
Costs to obtain contract*		4,030		3,732
Costs to fulfil contract		305		302
Others		3,065		3,400
	₹	11,935	₹	11,192
Current
Prepaid expenses	₹	9,876	₹	11,915
Dues from officers and employees		310		237
Advance to suppliers		3,121		1,949
Balance with GST and other authorities		7,805		6,936
Costs to obtain contract*		1,258		858
Costs to fulfil contract		—		22
Others		135		163
	₹	22,505	₹	22,080
	₹	34,440	₹	33,272

* Amortization of ₹ 295 and ₹ 349 during the three months ended September 30, 2019 and 2020 respectively, and ₹ 590 and ₹ 714 during the six months ended September 30, 2019 and 2020 respectively.

13. Loans, borrowings and bank overdrafts

	As at
	March 31, 2020		September 30, 2020
Borrowings from banks	₹	77,058	₹	74,086
Bank overdrafts		395		1
Loans from institutions other than bank		589		431
	₹	78,042	₹	74,518
Non-current		4,840		225
Current		73,202		74,293

14. Other financial liabilities

	As at
	March 31, 2020		September 30, 2020
Non-current
Cash Settled ADS RSUs	₹	146	₹	215
Deposits and others		5		442
	₹	151	₹	657
Current
Cash Settled ADS RSUs	₹	350	₹	607
Deposits and others		549		544
	₹	899	₹	1,151
	₹	1,050	₹	1,808

15

15. Other liabilities
	As at
	March 31,2020		September 30,2020
Non-current
Employee benefits obligations	₹	3,767	₹	3,162
Others		3,770		4,158
	₹	7,537	₹	7,320
Current
Statutory and other liabilities	₹	4,919	₹	7,743
Employee benefits obligations		12,356		15,299
Advance from customers		1,464		875
Others		515		528
	₹	19,254	₹	24,445
	₹	26,791	₹	31,765
16. Provisions
---	---	---	---	---
	As at
	March 31,2020		September 30,2020
Non-current
Provision for warranty	₹	2	₹	1
	₹	2	₹	1
Current
Provision for warranty	₹	317	₹	233
Others		295		554
	₹	612	₹	787
	₹	614	₹	788

Provision for warranty represents cost associated with providing sales support services which are accrued at the time of recognition of revenues and are expected to be utilized over a period of 1 to 2 years. Other provisions primarily include provisions for compliance related contingencies. The timing of cash outflows in respect of such provision cannot be reasonably determined.

17.	Financial instruments:

Derivative assets and liabilities:

The Company is exposed to foreign currency fluctuations on foreign currency assets / liabilities, forecasted cash flows denominated in foreign currency and net investment in foreign operations. The Company follows established risk management policies, including the use of derivatives to hedge foreign currency assets / liabilities, 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 non-material.

The following table presents the aggregate contracted principal amounts of the Company’s derivative contracts outstanding:

						(in millions)
	As at
	March 31, 2020					June 30, 2020
	Notional		Fair value			Notional		Fair value
Designated derivative instruments
Sell: Forward contracts	USD	1,011	₹	(2,902	)	USD	1,329	₹	1,261
	€	121	₹	231		€	97	₹	(292
	£	52	₹	240		£	84	₹	13
	AUD	144	₹	741		AUD	126	₹	(341
Range forward option contracts	USD	474	₹	(1,057	)	USD	269	₹	559
	£	98	₹	(13	)	£	42	₹	(17
	€	39	₹	85		€	40		(43)
	AUD	—		—		AUD	10	₹	12
Non-designated derivative instruments
Sell: Forward contracts *	USD	1,314	₹	(3,116	)	USD	1,273	₹	878
	€	59	₹	34		€	117	₹	(27
	£	81	₹	112		£	102	₹	103
	AUD	56	₹	115		AUD	33	₹	(10
	SGD	7	₹	8		SGD	9	₹	(2
	ZAR	17	₹	1		ZAR	29		(1
	CAD	51	₹	153		CAD	27	₹	15
	SAR	60	₹	(1	)	SAR	73	₹	(1
	PLN	34	₹	13		PLN	11		^

All values are in Indian Rupees.

16

	CHF	7	₹	4		CHF	6	₹ 7
	QAR	19	₹	(8	)	QAR	17	₹ (7)
	TRY	30	₹	31		TRY	37	₹ 23
	NOK	19	₹	16		NOK	19	₹ 9
	OMR	2	₹	1		OMR	2	₹ (1)
	SEK	13	₹	4		SEK	58	₹ 4
	MYR	20	₹	1		MYR	8	₹ (1)
	JPY	325		^		JPY	964	₹ (8)
Buy: Forward contracts	USD	480	₹	972		USD	250	₹ (650)
	MXN	11	₹	(9	)	MXN	11	^
	SEK	—		—		SEK	37	₹ (8)
	DKK	9		^		DKK	40	₹ (3)
	CHK	—		—		CHF	2	₹ (2)
Overnight Indexed Swap	INR	—		—		INR	250	₹ (1)
			₹	(4,344	)			₹1,469
^  Value is less than ₹ 1.
---
*	USD 1,314 and USD 1,273 includes USD/PHP sell forward of USD 176 and USD 212 as at March 31, 2020 and<br>September 30, 2020, respectively.
---	---
The following table summarizes activity in the cash flow hedging reserve within equity related to all derivative instruments classified as cash flow hedges:
---	---	---	---
	Six months endedSeptember 30,
	2019
Balance as at the beginning of the period		3,019	₹ (2,876)
Deferred cancellation gain/(loss), net		4	—
Changes in fair value of effective portion of derivatives		1,050	2,758
Net (gain)/loss reclassified to interim condensed consolidated statement of income on occurrence<br>of hedged transactions *		(1,650)	1,266
Gain/(loss) on cash flow hedging derivatives, net		(596)	₹ 4,024
Balance as at the end of the period	****	2,423	₹ 1,148
Deferred tax thereon		(482)	(228)
Balance as at the end of the period, net of deferred tax	****	1,941	₹ 920

All values are in Indian Rupees.

*	Includes net (gain)/loss reclassified to revenue of<br>₹ (2,543) and ₹ 1,446 for the six months ended September 30, 2019 and<br>2020, respectively and net (gain)/loss reclassified to cost of revenues of ₹ 893 and<br>₹ (180) for the six months ended September 30, 2019 and 2020, respectively.

As at September 30, 2019 and 2020, there were no significant 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.

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, trade payables and accrued expenses, and eligible current liabilities and non-current liabilities.

The fair value of cash and cash equivalents, trade receivables, unbilled receivables, loans, borrowings and bank overdrafts, 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. The Company’s long-term debt has been contracted at market rates of interest. Accordingly, the carrying value of such long-term debt approximates fair value. Further, finance lease receivables are periodically evaluated based on individual credit worthiness of customers. Based on this evaluation, the Company records allowance for estimated losses on these receivables. As at March 31, 2020 and September 30, 2020, the carrying value of such receivables, net of allowances approximates the fair value.

Investments in liquid and short-term 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 commercial papers, certificate of deposits 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 is determined using market and income approaches.

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

Fairvalue 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.

17

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).

The following table presents fair value of hierarchy of assets and liabilities<br>measured at fair value on a recurring basis:
Particular	As at March 31, 2020
	Fair value measurements at reporting date
	Total
Assets
Derivative instruments:
Cash flow hedges		1,382	—	1,382	—	2,073	—	2,073	₹ —
Others		1,643	—	1,643	—	1,141	—	1,141	—
Investments:
Investment in liquid and short-term mutual funds		14,795	14,795	—	—	46,639	46,639	—	—
Investment in equity instruments		9,297	—	119	9,178	8,358	33	152	8,173
Commercial paper, Certificate of deposits and bonds		155,587	12,983	142,604	—	183,273	—	183,273	—
Liabilities
Derivative instruments:
Cash flow hedges		(4,057)	—	(4,057)	—	(921)	—	(921)	₹ —
Others		(3,312)	—	(3,312)	—	(824)	—	(824)	—
Contingent consideration (Refer to Note 7)		—	—	—	—	(439)	—	—	(439)

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.

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 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 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 September 30, 2020, the changes in 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 commercialpapers, certificate of deposits 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.

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

Investment in equity instruments: Fair value of these instruments is determined using market and income approaches

Details of assets and liabilities considered under Level 3 classification
	As at
Investment in equity instruments	March 31,2020		September 30,2020
Balance at the beginning of the period	₹	6,668	₹	9,178
Additions		2,124		323
Disposals		(1,327		(1,271
Transfers out of Level 3		—		(33
Gain/(loss) recognized in foreign currency translation reserve		855		(179
Gain/(loss) recognized in other comprehensive income		858		155
Balance at the end of the period	₹	9,178	₹	8,173
	As at
Contingent consideration	March 31,2020		September 30,2020
Balance at the beginning of the period	₹	—		—
Additions (Refer to note 7)		—		(460
Finance expense recognized in statement of income		—		(4
Gain/(loss) recognized in foreign currency translation reserve		—		25
Balance at the end of the period	****	—	****	(439)

All values are in Indian Rupees.

18

18. Foreign currency translation reserve
The movement in foreign currency translation reserve attributable to equity holders of<br>the Company is summarized below:
	Six months endedSeptember 30,
	2019		2020
Balance at the beginning of the period	₹	15,250	₹	23,539
Translation difference related to foreign operations, net		1,762		(173	)
Balance at the end of the period	₹	17,012	₹	23,366	****
19. Income taxes
---	---	---	---	---	---	---	---	---
	Three months endedSeptember 30,				Six months endedSeptember 30,
	2019		2020		2019		2020
Income tax expense as per the interim condensed consolidated statement of income	₹	5,731	₹	7,228	₹	12,430	₹	14,066
Income tax included in other comprehensive income on:
Unrealized gains/ (losses) on investment securities		157		(123		(228		523
Gains/(losses) on cash flow hedging derivatives		(182		596		(122		789
Remeasurements of the net defined benefit liability /(asset) comprising actuarial gains and<br>losses		(83		32		(18		(41
	₹	5,623	₹	7,733	₹	12,062	₹	15,337
Income tax expense consists<br>of the following:
	Three months endedSeptember 30,				Six months endedSeptember 30,
	2019		2020		2019		2020
Current taxes
Domestic		3,859		4,252		8,564		8,321
Foreign		1,843		1,377		3,696		2,722
	****	5,702	****	5,629	****	12,260	****	11,043
Deferred taxes
Domestic		(25)		1,247		331		3,230
Foreign		54		352		(161)		(207)
	****	29	****	1,599	****	170	****	3,023
	****	5,731	****	7,228	****	12,430	****	14,066

All values are in Indian Rupees.

Income tax expenses are net of reversal of taxes pertaining to earlier periods, amounting to ₹ 4,787 and ₹ 448 for the three months ended September 30, 2019 and 2020 respectively, and ₹ 5,253 and ₹ 1,560 for the six months ended September 30, 2019 and 2020 respectively.

The Special Economic Zone (“SEZ”) Re-Investment Reserve has been created out of profit of eligible SEZ units as per provisions of section 10AA(1)(ii) of the Income–tax Act, 1961 for acquiring new plant and machinery. The said reserve should be utilized by the Company for acquiring plant and machinery as per terms of Section 10AA(2) of the Income-tax Act, 1961. This reserve is not freely available for distribution.

20. Revenues
	Three months endedSeptember 30,				Six months endedSeptember 30,
	2019		2020		2019		2020
Rendering of services	₹	147,988	₹	149,453	₹	292,615	₹	296,287
Sale of products		3,268		1,692		5,802		3,989
	₹	151,256	₹	151,145	₹	298,417	₹	300,276

19

Information on disaggregation of revenues for the three months ended<br>September 30, 2020 is as follows:
	IT Services																ITProducts		ISRE		Total
	BFSI		HealthBU		CBU		ENU		TECH		MFG		COMM		Total
A. Revenue
Rendering of services	₹	45,883	₹	20,258	₹	23,878	₹	18,941	₹	18,432	₹	12,143	₹	7,802	₹	147,337	₹	—	₹	2,116	₹	149,453
Sale of products		—		—		—		—		—		—		—		—		1,692		—	****	1,692
	₹	45,883	₹	20,258	₹	23,878	₹	18,941	₹	18,432	₹	12,143	₹	7,802	₹	147,337	₹	1,692	₹	2,116	₹	151,145
B. Revenue by geography
India	₹	1,753	₹	606	₹	196	₹	379	₹	180	₹	482	₹	344	₹	3,940	₹	737	₹	2,116	₹	6,793
Americas*		26,275		15,123		16,655		5,988		14,394		5,833		1,869		86,137		178		—	****	86,315
Europe		10,970		2,234		4,491		7,691		2,592		4,997		2,079		35,054		506		—	****	35,560
Rest of the World		6,885		2,295		2,536		4,883		1,266		831		3,510		22,206		271		—	****	22,477
	₹	45,883	₹	20,258	₹	23,878	₹	18,941	₹	18,432	₹	12,143	₹	7,802	₹	147,337	₹	1,692	₹	2,116	₹	151,145
C. Revenue by nature of contract
Fixed price and volume based	₹	24,991	₹	14,059	₹	11,861	₹	12,606	₹	11,982	₹	8,821	₹	5,027	₹	89,347	₹	—	₹	1,652	₹	90,999
Time and materials		20,892		6,199		12,017		6,335		6,450		3,322		2,775		57,990		—		464	****	58,454
Products		—		—		—		—		—		—		—		—		1,692		—	****	1,692
	₹	45,883	₹	20,258	₹	23,878	₹	18,941	₹	18,432	₹	12,143	₹	7,802	₹	147,337	₹	1,692	₹	2,116	₹	151,145
Information on disaggregation of revenues for the three months ended<br>September 30, 2019 is as follows:
	IT Services																ITProducts		ISRE		Total
	BFSI		HealthBU		CBU		ENU		TECH		MFG		COMM		Total
A. Revenue
Rendering of services	₹	45,576	₹	18,867	₹	23,445	₹	18,808	₹	19,069	₹	11,830	₹	8,334	₹	145,929	₹	—	₹	2,059	₹	147,988
Sale of products		—		—		—		—		—		—		—		—		3,268		—	****	3,268
	₹	45,576	₹	18,867	₹	23,445	₹	18,808	₹	19,069	₹	11,830	₹	8,334	₹	145,929	₹	3,268	₹	2,059	₹	151,256
B. Revenue by geography
India	₹	990	₹	567	₹	277	₹	447	₹	264	₹	504	₹	370	₹	3,419	₹	2,601	₹	2,059	₹	8,079
Americas*		27,149		14,655		16,703		6,006		14,431		5,762		2,258		86,964		145		—	****	87,109
Europe		10,929		1,796		3,882		7,586		3,677		4,545		2,023		34,438		283		—	****	34,721
Rest of the World		6,508		1,849		2,583		4,769		697		1,019		3,683		21,108		239		—	****	21,347
	₹	45,576	₹	18,867	₹	23,445	₹	18,808	₹	19,069	₹	11,830	₹	8,334	₹	145,929	₹	3,268	₹	2,059	₹	151,256
C. Revenue by nature of contract
Fixed price and volume based	₹	25,102	₹	12,137	₹	12,904	₹	13,011	₹	12,416	₹	8,396	₹	5,415	₹	89,381	₹	—	₹	1,688	₹	91,069
Time and materials		20,474		6,730		10,541		5,797		6,653		3,434		2,919		56,548		—		371	****	56,919
Products		—		—		—		—		—		—		—		—		3,268		—	****	3,268
	₹	45,576	₹	18,867	₹	23,445	₹	18,808	₹	19,069	₹	11,830	₹	8,334	₹	145,929	₹	3,268	₹	2,059	₹	151,256

20

Information on disaggregation of revenues for the six months ended September 30,<br>2020 is as follows:
	IT Services																ITProducts		ISRE		Total
	BFSI		HealthBU		CBU		ENU		TECH		MFG		COMM		Total
A. Revenue
Rendering of services	₹	90,315	₹	39,871	₹	46,883	₹	38,042	₹	37,930	₹	23,856	₹	15,157	₹	292,054	₹	—	₹	4,233	₹	296,287
Sale of products		—		—		—		—		—		—		—		—		3,989		—	****	3,989
	₹	90,315	₹	39,871	₹	46,883	₹	38,042	₹	37,930	₹	23,856	₹	15,157	₹	292,054	₹	3,989	₹	4,233	₹	300,276
B. Revenue by geography
India	₹	3,357	₹	1,246	₹	414	₹	821	₹	298	₹	916	₹	668	₹	7,720	₹	1,989	₹	4,233	₹	13,942
Americas*		52,048		30,069		32,729		11,889		29,828		11,616		3,425		171,604		269		—	****	171,873
Europe		21,660		4,230		8,627		15,639		5,508		9,624		4,028		69,316		1,083		—	****	70,399
Rest of the World		13,250		4,326		5,113		9,693		2,296		1,700		7,036		43,414		648		—	****	44,062
	₹	90,315	₹	39,871	₹	46,883	₹	38,042	₹	37,930	₹	23,856	₹	15,157	₹	292,054	₹	3,989	₹	4,233	₹	300,276
C. Revenue by nature of contract
Fixed price and volume based	₹	49,937	₹	27,754	₹	23,804	₹	25,322	₹	25,431	₹	17,221	₹	10,248	₹	179,717	₹	—	₹	3,260	₹	182,977
Time and materials		40,378		12,117		23,079		12,720		12,499		6,635		4,909		112,337		—		973	****	113,310
Products		—		—		—		—		—		—		—		—		3,989		—	****	3,989
	₹	90,315	₹	39,871	₹	46,883	₹	38,042	₹	37,930	₹	23,856	₹	15,157	₹	292,054	₹	3,989	₹	4,233	₹	300,276
Information on disaggregation of revenues for the six months ended September 30,<br>2019 is as follows:
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	IT Services																ITProducts		ISRE		Total
	BFSI		HealthBU		CBU		ENU		TECH		MFG		COMM		Total
A. Revenue
Rendering of services	₹	90,659	₹	37,582	₹	45,675	₹	37,105	₹	37,596	₹	23,080	₹	16,734	₹	288,431	₹	—	₹	4,184	₹	292,615
Sale of products		—		—		—		—		—		—		—		—		5,802		—	****	5,802
	₹	90,659	₹	37,582	₹	45,675	₹	37,105	₹	37,596	₹	23,080	₹	16,734	₹	288,431	₹	5,802	₹	4,184	₹	298,417
B. Revenue by geography
India	₹	1,941	₹	1,183	₹	508	₹	923	₹	506	₹	1,002	₹	1,094	₹	7,157	₹	4,160	₹	4,184	₹	15,501
Americas*		54,022		28,965		32,199		11,619		28,279		11,351		4,351		170,786		436		—	****	171,222
Europe		22,363		3,828		8,028		15,101		7,293		8,778		4,047		69,438		611		—	****	70,049
Rest of the World		12,333		3,606		4,940		9,462		1,518		1,949		7,242		41,050		595		—	****	41,645
	₹	90,659	₹	37,582	₹	45,675	₹	37,105	₹	37,596	₹	23,080	₹	16,734	₹	288,431	₹	5,802	₹	4,184	₹	298,417
C. Revenue by nature of contract
Fixed price and volume based	₹	50,502	₹	24,125	₹	25,263	₹	25,781	₹	23,798	₹	16,341	₹	10,623	₹	176,433	₹	—	₹	3,337	₹	179,770
Time and materials		40,157		13,457		20,412		11,324		13,798		6,739		6,111		111,998		—		847	****	112,845
Products		—		—		—		—		—		—		—		—		5,802		—	****	5,802
	₹	90,659	₹	37,582	₹	45,675	₹	37,105	₹	37,596	₹	23,080	₹	16,734	₹	288,431	₹	5,802	₹	4,184	₹	298,417
*	Substantially related to operations in the United States of America
---	---

21

21. Expenses by nature
	Three months endedSeptember 30,				Six months endedSeptember 30,
	2019		2020		2019		2020
Employee compensation	₹	81,266	₹	83,168	₹	158,742	₹	163,430
Sub-contracting/ technical fees		22,423		20,240		44,986		41,458
Cost of hardware and software		2,869		2,015		5,679		4,024
Travel		4,549		1,264		9,182		2,554
Facility expenses		5,048		5,344		9,781		9,971
Depreciation, amortization and impairment*		4,814		6,580		9,769		12,734
Communication		1,146		1,801		2,282		3,155
Legal and professional fees		1,239		1,224		2,335		2,535
Rates, taxes and insurance		424		874		1,161		1,904
Marketing and brand building		491		267		1,263		396
Lifetime expected credit loss		190		256		721		1,845
Miscellaneous expenses**		703		137		2,606		2,659
Total cost of revenues, selling and marketing expenses and general and administrativeexpenses	₹	125,162	₹	123,170	₹	248,507	₹	246,665
*	Depreciation, amortization and impairment includes an impairment charge on certain software platforms, capital work-in-progress and intangible assets amounting to ₹ 561 and ₹ 754, for the three months and six months ended September 30, 2020, respectively.
---	---
**	Miscellaneous expenses for the three months and six months ended September 30, 2020, includes an amount of<br>₹ Nil, and ₹ 991, respectively towards<br>COVID-19 contributions.
---	---
22. Finance expenses
---	---	---	---	---	---	---	---	---
	Three months endedSeptember 30,				Six months endedSeptember 30,
	2019		2020		2019		2020
Interest expense	₹	1,424	₹	1,093	₹	2,701	₹	2,095
Exchange fluctuation on foreign currency borrowings, net		823		174		1,130		471
	₹	2,247	₹	1,267	₹	3,831	₹	2,566
23. Finance and other income and Foreign exchange gains/(losses), net												****
---	---	---	---	---	---	---	---	---	---	---	---	---
	Three months endedSeptember 30,						Six months endedSeptember 30,
	2019			2020			2019			2020
Interest income	₹	5,895		₹	4,785		₹	12,308		₹	9,638
Dividend income		94			1			189			1
Net gain from investments classified as FVTPL		587			356			738			589
Net gain from investments classified as FVTOCI		281			67			569			262
Finance and other income	₹	6,857	****	₹	5,209	****	₹	13,804	****	₹	10,490	****
Foreign exchange gains/(losses), net, on financial instruments measured at FVTPL	₹	1,176		₹	2,379		₹	2,574		₹	3,152
Other foreign exchange gains/(losses), net		(585	)		(2,041	)		(1,125	)		(1,609	)
Foreign exchange gains/(losses), net	₹	591	****	₹	338	****	₹	1,449	****	₹	1,543	****
24.	Earnings per 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 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.

	Three months endedSeptember 30,				Six months endedSeptember 30,
	2019		2020		2019		2020
Profit attributable to equity holders of the Company	₹	25,526	₹	24,656	₹	49,400	₹	48,558
Weighted average number of equity shares outstanding		5,936,393,069		5,694,035,551		5,975,454,269		5,693,689,502
Basic earnings per share	₹	4.30	₹	4.33	₹	8.27	₹	8.53

Diluted: Diluted earnings per 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 shares that could have been acquired at fair value (determined as the average market price of the Company’s shares during the period). The number of shares calculated as above is compared with the number of shares that would have been issued assuming the exercise of the share options.

	Three months ended September 30,				Six months ended September 30,
	2019		2020		2019		2020
Profit attributable to equity holders of the Company	₹	25,526	₹	24,656	₹	49,400	₹	48,558
Weighted average number of equity shares outstanding		5,936,393,069		5,694,035,551		5,975,454,269		5,693,689,502
Effect of dilutive equivalent share options		11,720,592		12,838,788		11,228,817		12,161,053
Weighted average number of equity shares for diluted earnings per share		5,948,113,661		5,706,874,339		5,986,683,086		5,705,850,555
Diluted earnings per share	₹	4.29	₹	4.32	₹	8.25	₹	8.51

22

25. Employee benefits
	Three months endedSeptember 30,				Six months endedSeptember 30,
	2019		2020		2019		2020
Salaries and bonus	₹	78,374	₹	79,490	₹	152,999	₹	156,692
Employee benefits plans
Gratuity and other defined benefit plans		326		518		719		1,018
Defined contribution plans		2,138		2,291		4,125		4,491
Share-based compensation		428		869		899		1,229
	₹	81,266	₹	83,168	₹	158,742	₹	163,430
The employee<br>benefit cost is recognized in the following line items in the interim condensed consolidated statement of income:
	Three months endedSeptember 30,				Six months endedSeptember 30,
	2019		2020		2019		2020
Cost of revenues	₹	69,337	₹	70,909	₹	135,276	₹	139,254
Selling and marketing expenses		7,673		7,475		15,283		15,384
General and administrative expenses		4,256		4,784		8,183		8,792
	₹	81,266	₹	83,168	₹	158,742	₹	163,430

The Company has granted 20,000 and 70,000 options under RSU option plan during the three and six months ended September 30, 2020 (2,917,000 and 2,927,000 for the three and six months ended September 30, 2019); 600,000 and 616,000 options under ADS option plan during the three and six months ended September 30, 2020, respectively (2,570,400 and 2,670,400 for three and six months ended September 30, 2019).

The Company has also granted 30,000 and 90,000 Performance based stock options (RSU) during the three and six months ended September 30, 2020, respectively (2,244,500 and 2,244,500 for the three and six months ended September 30, 2019); 900,000 and 924,000 Performance based stock options (ADS) during the three and six months ended September 30, 2020, respectively (2,440,600 and 2,440,600 for three and six months ended September 30, 2019).

The RSU grants were issued under Wipro Employee Restricted Stock Unit plan 2007 (WSRUP 2007 plan) and the ADS grants were issued under Wipro ADS Restricted Stock Unit Plan (WARSUP 2004 plan).

26.	Other operating income/(loss), net

The Company has partially met the first and second-year business targets pertaining to sale of hosted data center business concluded during the year ended March 31, 2019. Change in fair value of the callable units pertaining to achievement of the business targets amounting to ₹ Nil, and ₹ (178) for the three months ended September 30, 2019, and September 30, 2020 respectively, and ₹ 597 and ₹ (81) for the six months ended September 30, 2019, and September 30, 2020 respectively has been recognized under other operating income/(loss), net.

The Company concluded the sale of assets pertaining to Workday business and Cornerstone OnDemand business in Portugal, France and Sweden during the year ended March 31, 2020. Gain arising from such transaction of ₹ 50 and ₹ 152 for the three months and six months ended September 30, 2019 respectively, has been recognized under other operating income/(loss), net.

27.	Commitments and contingencies

Capital commitments: As at March 31, 2020 and September 30, 2020 the Company had committed to spend approximately ₹ 14,011 and ₹ 8,883 respectively, under agreements to purchase/ construct property and equipment. These amounts are net of capital advances paid in respect of these purchases.

Guarantees: As at March 31, 2020 and September 30, 2020, performance and financial guarantees provided by banks on behalf of the Company to the Indian Government, customers and certain other agencies amount to approximately ₹ 18,655 and ₹ 19,421 respectively, as part of the bank line of credit.

Contingencies and lawsuits: The Company is subject to legal proceedings and claims (including tax assessment orders/ penalty notices) 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 significant of such matters are discussed below.

In March 2004, the Company received a tax demand for year ended March 31, 2001 arising primarily on account 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 same issue was repeated in the successive assessments for the years ended March 31, 2002 to March 31, 2011 and the aggregate demand is ₹ 47,583 (including interest of ₹ 13,832). 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. Further appeals have been filed by the Income tax authorities before the Hon’ble High Court. The Hon’ble High Court has heard and disposed-off majority of the issues in favor of the Company up to years ended March 31, 2004. Department has filed a Special Leave Petition before the Supreme Court of India for the year ended March 31, 2001 to March 31, 2004.

23

On similar issues for years up to March 31, 2000, the Hon’ble High Court of Karnataka has upheld the claim of the Company under section 10A of the Income Tax Act, 1961. For the year ended March 31, 2009, the appeals are pending before Income Tax Appellate Tribunal (“ITAT”). For years ended March 31, 2010 and March 31, 2011, the Dispute Resolution Panel allowed the claim of the Company under section 10A of the Income Tax Act, 1961. The Income tax authorities have filed an appeal before the Hon’ble ITAT.

For the year ended March 31, 2013, the Company received the final assessment order in November 2017 with a demand of ₹ 3,286 (including interest of ₹ 1,166), arising primarily on account of section 10AA issues with respect to exclusion from Export Turnover. The Company has filed an appeal before Hon’ble ITAT, Bengaluru within the prescribed timelines.

For the year ended March 31, 2014, the Company received the final assessment order in September 2018 with a demand of ₹ 1,030 (including nil interest), arising primarily on account of transfer pricing issues. The Company has filed an appeal before the Hon’ble ITAT, Bengaluru within the prescribed timelines.

For the year ended March 31, 2015, the Company received the final assessment order in October 2019 with an estimated demand of ₹ 1,347 (including nil interest), arising primarily on account of capitalization of wages. The Company has filed an appeal before the Hon’ble ITAT, Bengaluru within the prescribed timelines.

For the year ended March 31, 2016, the Company received the draft assessment order in December 2019 with an estimated demand of ₹ 704 (including nil interest), arising primarily on account of capitalization of wages. The Company has filed the objections before the Dispute Resolution Panel (Bengaluru) within the prescribed timelines.

For the year ended March 31, 2007 to year ended March 31, 2012, the company has received tax demand of ₹ 227 (including interest of ₹ 102) for non-deduction of tax at source on some payments. The Company has already deposited the demand under protest. The Company received order issued by ITAT, Bengaluru rejecting Company’s appeal. The Company has received a favorable order on this issue from the Hon’ble High Court of Karnataka for the earlier years and has filed appeal with Hon’ble High Court of Karnataka challenging order from ITAT. Hon’ble High Court of Karnataka has admitted the appeal and has granted stay for penalty proceeding initiated by the department.

Income tax demands against the Company amounting to ₹ 77,873 and ₹ 79,286 are not acknowledged as debt as at March 31, 2020 and September 30, 2020, 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 ₹ 8,033 and ₹ 10,319 as of March 31, 2020 and September 30, 2020, 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.

The Hon’ble Supreme Court of India, through a ruling in February 2019, provided interpretation on the components of Salary on which the Company and its employees are to contribute towards Provident Fund under the Employee’s Provident Fund Act. Based on the current evaluation, the Company believes it is not probable that certain components of Salary paid by the Company will be subject to contribution towards Provident Fund due to the Supreme Court order. The Company will continue to monitor and evaluate its position based on future events and developments.

28.	Segment information

The Company is organized into the following operating segments: IT Services, IT Products and India State Run Enterprise segment (“ISRE”).

IT Services: The IT Services segment primarily consists of IT Service offerings to customers organized by industry verticals. The industry verticals are as follows: Banking, Financial Services and Insurance (“BFSI”), Health Business unit (“Health BU”), Consumer Business unit (“CBU”), Energy, Natural Resources & Utilities (“ENU”), Manufacturing (“MFG”), Technology (“TECH”) and Communications (“COMM”). Key service offerings to customers includes software application development and maintenance, research and development services for hardware and software design, business application services, analytics, consulting, infrastructure outsourcing services and business process services.

IT Products: The Company is a value-added reseller of desktops, servers, notebooks, storage products, networking solutions and packaged 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 the above items is reported as revenue from the sale of IT Products.

ISRE: This segment consists of IT Services offerings to entities or departments owned or controlled by Government of India and/ or any State Governments.

The Chairman of the Company has been identified as the Chief Operating Decision Maker (“CODM”) as defined by IFRS 8, “Operating Segments.” The Chairman 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.

24

Information on reportable segment for the three months ended September 30, 2019,<br>is as follows:
	IT Services																	ITProducts		ISRE		ReconcilingItems		Total
	BFSI		HealthBU		CBU		ENU		TECH		MFG		COMM		Total
Revenue	₹	45,760	₹	18,981	₹	23,530	₹	18,888	₹	19,148	₹	11,886	₹	8,368	₹	146,561	****						(16)	₹	151,847
Other operating income		—		—		—		—		—		—		—	****	50	****								50
Segment Result		8,407		2,863		3,952		3,084		3,624		2,439		1,044	****	25,413	****				)				25,641
Unallocated															****	1,044	****								1,044
Segment Result Total															₹	26,507	****		****		(177)		****	₹	26,735
Finance expense																									(2,247
Finance and other income																									6,857
Share of profit/(loss) of associates accounted for using the equity method																									(2
Profit before tax																								₹	31,343
Income tax expense																									(5,731
Profit for the period																								₹	25,612
Depreciation, amortization and impairment																								₹	4,814
Information on reportable segment for the three months ended September 30, 2020,<br>is as follows:
	IT Services																	ITProducts		ISRE		ReconcilingItems		Total
	BFSI		HealthBU		CBU		ENU		TECH		MFG		COMM		Total
Revenue	₹	45,995	₹	20,294	₹	23,927	₹	18,990	₹	18,478	₹	12,175	₹	7,822	₹	147,681	****						(8)	₹	151,483
Other operating income/(loss), net		—		—		—		—		—		—		—	****	(178	)								(178
Segment Result		9,209		4,005		5,507		3,329		2,632		2,379		1,320	****	28,381	****		)				)		28,165
Unallocated															****	148	****								148
Segment Result Total															₹	28,351	****		(300)		****		(30)	₹	28,135
Finance expense																									(1,267
Finance and other income																									5,209
Share of profit/ (loss) of associates accounted for using the equity method																									(6
Profit before tax																								₹	32,071
Income tax expense																									(7,228
Profit for the period																								₹	24,843
Depreciation and amortization																									(6,580)

All values are in Indian Rupees.

25

Information on reportable segment for the six months ended September 30, 2019, is as follows:

	IT Services
	BFSI
Revenue		91,155	37,852	45,896	37,320	37,808	23,222	16,822	290,075	5,642	4,212	(63)	₹ 299,866
Other operating income		—	—	—	—	—	—	—	749	—	—	—	749
Segment Result		17,742	5,792	7,458	5,280	7,150	4,531	2,562	50,515	(258)	(813)	151	49,595
Unallocated									1,764				1,764
Segment Result Total									53,028	(258)	(813)	151	₹52,108
Finance expense													(3,831)
Finance and other income													13,804
Share of net profit /(loss) of associates accounted for using the equity method													(18)
Profit before tax													₹62,063
Income tax expense													(12,430)
Profit for the period													₹49,633
Depreciation, amortization and impairment													₹ 9,769
Information on reportable segment for the six months ended September 30, 2020,<br>is as follows:
	IT Services
	BFSI
Revenue		90,823	40,054	47,106	38,269	38,148	23,995	15,242	293,637	3,949	4,236	(3)	₹ 301,819
Other operating income/(loss), net		—	—	—	—	—	—	—	(81)	—	—	—	(81)
Segment Result		17,726	6,733	9,926	6,898	6,799	4,607	2,211	54,900	(176)	14	(938)	53,800
Unallocated		—	—	—	—	—	—	—	1,354	—	—	—	1,354
Segment Result Total									56,173	(176)	14	(938)	₹55,073
Finance expense													(2,566)
Finance and other income													10,490
Share of net profit /(loss) of associates accounted for<br>using the equity method													25
Profit before tax													₹63,022
Income tax expense													(14,066)
Profit for the period													₹48,956
Depreciation, amortization and impairment													₹ 12,734

All values are in Indian Rupees.

26

The Company has four geographic segments: India, Americas, Europe and Rest of the world. Revenues from the geographic segments based on domicile of the customer are as follows:

	Three months endedSeptember 30,				Six months endedSeptember 30,
	2019		2020		2019		2020
India	₹	8,103	₹	6,794	₹	15,444	₹	13,954
Americas*		87,453		86,504		172,105		172,723
Europe		34,845		35,651		70,422		70,811
Rest of the world		21,446		22,534		41,895		44,331
	₹	151,847	₹	151,483	₹	299,866	₹	301,819
*   Substantially related to operations in the United States of<br>America.

No customer individually accounted for more than 10% of the revenues during the three and six months ended September 30, 2019 and 2020.

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)	During the three and six months ended September 30, 2020, the Company has contributed ₹ Nil and ₹ 991, respectively towards<br>COVID-19 and is reported in Reconciling items.
---	---
c)	Revenue from sale of traded cloud-based licenses is reported as part of IT Services revenues.<br>
---	---
d)	Revenue from sale of company owned intellectual properties is reported as part of IT Services revenues<br>
---	---
e)	For the purpose of segment reporting, the Company has included the impact of “foreign exchange gains /<br>(losses), net” in revenues (which is reported as a part of operating profit in the interim condensed consolidated statement of income).
---	---
f)	For evaluating performance of the individual operating segments, stock compensation expense is allocated on the<br>basis of straight-line amortization. The differential impact of accelerated amortization of stock compensation expense over stock compensation expense allocated to the individual operating segments is reported in Reconciling items.<br>
---	---
g)	The Company generally offers multi-year payment terms in certain total outsourcing contracts. These payment<br>terms primarily relate to IT hardware, software and certain transformation services in outsourcing contracts. The finance income on deferred consideration earned under these contracts is included in the revenue of the respective segment and is<br>eliminated under Reconciling items.
---	---
h)	Other operating income/(loss) of<br>₹ 50 and ₹ (178) is included as part of IT Services segment results for<br>three months ended September 30, 2019 and 2020 respectively, and ₹ 749 and<br>₹ (81) for the six months ended September 30, 2019 and 2020 respectively. Refer to Note 26.
---	---
i)	Segment results for the three and six months ended September 30, 2020 are after considering the impact of<br>impairment charge of ₹ 263 and ₹ 192 in TECH and BFSI industry vertical<br>respectively. The remaining impairment charge of ₹ 106 and ₹ 299 for the<br>three and six months ended September 30, 2020, respectively is included under unallocated. (Refer to Note 4, 6 and 21).
---	---
j)	Segment results of IT Services segment are after recognition of share-based compensation expense of ₹ 403 and ₹ 836, for the three months ended September 30, 2019 and 2020<br>respectively, and ₹ 830 and ₹ 1,237 for the six months ended<br>September 30, 2019 and 2020, respectively. The share-based compensation expense pertaining to other segments is not material.
---	---

29. List of subsidiaries and investments accounted for using equity method as at September 30, 2020 is provided below:

Subsidiaries	Subsidiaries	Subsidiaries	Country ofIncorporation
Wipro, LLC			USA
	Wipro Gallagher Solutions,<br>LLC		USA
		Opus Capital Markets<br>Consultants, <br>LLC	USA
		Wipro Promax Analytics<br>Solutions Americas, LLC	USA
	Wipro Insurance Solutions,<br>LLC		USA
	Wipro IT Services, LLC		USA
		HealthPlan Services, Inc. **	USA
		Appirio, Inc. **	USA
		Designit North America, Inc.<br>(formerly known as Cooper<br>Software Inc.)	USA
		Infocrossing, LLC	USA
		Wipro US Foundation	USA
		International TechneGroup<br>Incorporated **	USA
		Rational Interaction, Inc. **	USA
Wipro Overseas IT Services Pvt. Ltd			India
Wipro Japan KK			Japan
Wipro Shanghai Limited			China

27

Wipro Trademarks Holding Limited			India
Wipro Travel Services Limited			India
Wipro Holdings (UK) Limited			U.K.
	Designit A/S		Denmark
		Designit Denmark A/S	Denmark
		Designit Germany GmbH	Germany
		Designit Oslo A/S	Norway
		Designit Sweden AB	Sweden
		Designit T.L.V Ltd.	Israel
		Designit Tokyo Ltd.	Japan
		Designit Spain Digital, S.L. **	Spain
	Wipro Europe Limited		U.K.
		Wipro UK Limited	U.K.
	Wipro Financial Services UK Limited		U.K.
	Wipro IT Services S.R.L.		Romania
	4C NV		Belgium
		4C Danmark ApS	Denmark
		4C Nederland B.V	Netherlands
		Weare4C UK Limited **	U.K.
		4C Consulting France	France
Wipro IT Services SE			U.K.
	Wipro Doha LLC #		Qatar
	Wipro Technologies SA DE<br>CV		Mexico
	Wipro Philippines, Inc.		Philippines
	Wipro Holdings Hungary<br>Korlátolt Felelosségu Társaság		Hungary
		Wipro Holdings Investment Korlátolt Felelosségu Társaság	Hungary
	Wipro Information<br>Technology Egypt SAE		Egypt
	Wipro Arabia Co. Limited *		Saudi<br>Arabia
		Women’s Business Park Technologies Limited *	Saudi<br>Arabia
	Wipro Poland SP Z.O.O		Poland
	Wipro IT Services Poland SP<br>Z.O.O		Poland
	Wipro Technologies Australia<br>Pty Ltd		Australia
	Wipro Corporate Technologies<br>Ghana Limited		Ghana
	Wipro Technologies South<br>Africa (Proprietary) Limited		South<br>Africa
		Wipro Technologies Nigeria Limited	Nigeria
	Wipro IT Service Ukraine,<br>LLC		Ukraine
	Wipro Information<br>Technology Netherlands BV.		Netherlands
		Wipro Portugal S.A. **	Portugal
		Wipro Technologies Limited	Russia
		Wipro Technology Chile SPA	Chile
		Wipro Solutions Canada Limited	Canada
		Wipro Information Technology Kazakhstan LLP	Kazakhstan
		Wipro Technologies W.T. Sociedad Anonima	Costa Rica
		Wipro Outsourcing Services (Ireland) Limited	Ireland
		Wipro Technologies VZ, C.A.	Venezuela

28

		Wipro Technologies Peru S.A.C.	Peru
		Wipro do Brasil Servicos de Tecnologia S.A.	Brazil
		Wipro do Brasil Technologia Ltda **	Brazil
	Wipro Technologies SA		Argentina
	Wipro Technologies S.R.L.		Romania
	PT. WT Indonesia		Indonesia
	Wipro (Thailand) Co. Limited		Thailand
	Wipro Bahrain Limited Co. S.P.C.		Bahrain
	Wipro Gulf LLC		Sultanate of Oman
	Rainbow Software LLC		Iraq
Wipro Networks Pte Limited			Singapore
	Wipro (Dalian) Limited		China
	Wipro Technologies SDN BHD		Malaysia
Wipro Chengdu Limited			China
Wipro IT Services Bangladesh Limited			Bangladesh
Wipro HR Services India Private Limited			India
* All the above direct subsidiaries are 100% held by the Company except that the Company holds 66.67% of the equity securities of Wipro Arabia Co. Limited and 55% of the equity securities of Women’s Business Park<br>Technologies Limited are held by Wipro Arabia Co. Limited.
# 51% of equity securities of Wipro Doha LLC are held<br>by a local shareholder. However, the beneficial interest in these holdings is with the Company.<br> <br><br><br><br>The Company controls ‘The Wipro SA Broad Based Ownership Scheme Trust’, ‘Wipro SA Broad Based Ownership Scheme SPV (RF) (PTY) LTD incorporated<br>in South Africa and Wipro Foundation in India
** Step Subsidiary details of Wipro Portugal S.A, Wipro do Brasil Technologia Ltda, Designit Spain Digital, S.L, HealthPlan Services, Inc, Appirio, Inc, International TechneGroup Incorporated, Rational Interaction,<br>Inc. and Weare4C UK Limited are as follows:
Subsidiaries	Subsidiaries	Subsidiaries	Country of Incorporation
Wipro Portugal S.A.			Portugal
	Wipro Technologies GmbH		Germany
		Cellent GmbH	Germany
		Cellent GmbH	Austria
Wipro do Brasil Technologia Ltda			Brazil
	Wipro Do Brasil Sistemetas De Informatica Ltd		Brazil
	IVIA Servicos de Informatica Ltda		Brazil
Designit Spain Digital, S.L.			Spain
	Designit Colombia S A S		Colombia
	Designit Peru SAC		Peru
HealthPlan Services, Inc.			USA
	HealthPlan Services Insurance Agency, LLC		USA
International TechneGroup Incorporated			USA
	International TechneGroup Ltd.		U.K.
	ITI Proficiency Ltd		Israel
	International TechneGroup S.R.L.		Italy
		MechWorks S.R.L.	Italy
Appirio, Inc.			USA
	Appirio, K.K		Japan
	Topcoder, LLC.		USA
	Appirio Ltd		Ireland
		Appirio Ltd (UK)	U.K.

29

Rational Interaction, Inc.		USA
	Rational Consulting Australia Pty Ltd	Australia
	Rational Interaction Limited	Ireland
Weare4C UK Limited		U.K.
	CloudSocius DMCC	UAE
As at September 30, 2020 the Company held 43.7% interest in Drivestream Inc, 33% interest in Denim Group Limited and 33.3% in Denim Group Management, 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
30.	The Indian Parliament has approved the Code on Social Security, 2020 which would impact the<br>contributions by the company towards Provident Fund and Gratuity. The effective date from which the changes are applicable is yet to be notified and the rules for quantifying the financial impact are yet to be framed. In view of this, impact if any,<br>of the change will be assessed and accounted in period of notification of the relevant provisions.
---	---
31.	Events after the reporting period
---	---
a)	On October 13, 2020, the Board of Directors approved a buyback proposal, subject to the approval of<br>shareholders through postal ballot, for purchase by the Company of up to 237,500,000 equity shares of ₹ 2 each (being 4.16% of total paid-up equity share capital as at September 30, 2020) from the shareholders of the Company on a proportionate basis by way of a tender offer at a price of ₹ 400 per equity share for an aggregate amount not exceeding ₹ 95,000, in accordance with the provisions<br>contained in the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018 and the Companies Act, 2013 and rules made thereunder.
---	---
b)	On October 13, 2020, the Company entered into a definitive agreement to acquire Eximius Design, LLC and<br>Eximius Design India Private Limited, a leading engineering services company with expertise in semiconductor, software and systems design for a total consideration of USD 80 million. The acquisition is subject to customary closing conditions<br>and regulatory approvals and is expected to be concluded in the quarter ending December 31, 2020.
---	---
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 & SellsLLP	Rishad A. Premji	M. K. Sharma	Thierry Delaporte
Chartered Accountants	Chairman	Director	Chief Executive Officer &
Firm Registration No: 117366W/W—100018			Managing Director
Vikas Bagaria	Jatin Pravinchandra Dalal		M. Sanaulla Khan
Partner	Chief Financial Officer		Company Secretary
Membership No. 60408
Bengaluru
October 13, 2020

30

EX-99.5

Exhibit 99.5

WIPRO LIMITED

CIN:L32102KA1945PLC020800 ; Registered Office : Wipro Limited, Doddakanneli,

Sarjapur Road, Bengaluru - 560035, India

Website: www.wipro.com ; Email id – info@wipro.com ; Tel:+91-80-2844 0011 ; Fax: +91-80-2844 0054

STATUTORILY AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE THREE AND SIX MONTHS ENDED SEPTEMBER 30, 2020

UNDER IFRS (IASB)

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

	Particulars								Six months ended						Year ended
				June30, 2020		September30, 2019			September30, 2020			September30, 2019			March31, 2020
	Income from operations
	a) Revenue	151,145			149,131		151,256			300,276			298,417			610,232
	b) Other operating income/(loss), net	(178	)		97		50			(81	)		749			1,144
	c) Foreign exchange gains	338			1,205		591			1,543			1,449			3,169
I	Total income from operations	151,305	****	****	150,433	****	151,897	****	****	301,738	****	****	300,615	****	****	614,545
	Expenses
	a) Purchase of<br>stock-in-trade	1,666			1,766		1,357			3,432			4,340			9,360
	b) (Increase)/Decrease in inventories of finished goods and stock-in-trade	330			176		1,443			506			1,210			2,022
	c) Employee benefit expense	83,168			80,262		81,266			163,430			158,742			326,571
	d) Depreciation, amortization and impairment	6,580			6,154		4,814			12,734			9,769			20,862
	e) Sub-contracting/ technical fees	20,240			21,218		22,423			41,458			44,986			90,521
	f) Facility expenses	5,344			4,627		5,048			9,971			9,781			19,733
	g) Travel	1,264			1,290		4,549			2,554			9,182			18,169
	h) Communication	1,801			1,354		1,146			3,155			2,282			4,812
	i) Legal and professional fees	1,224			1,311		1,239			2,535			2,335			4,733
	j) Marketing and brand building	267			129		491			396			1,263			2,532
	k) Lifetime expected credit loss	256			1,589		190			1,845			721			1,043
	l) Other expenses	1,030			3,619		1,196			4,649			3,896			8,457
II	Total expenses	123,170	****	****	123,495	****	125,162	****	****	246,665	****	****	248,507	****	****	508,815
III	Finance expenses	1,267			1,299		2,247			2,566			3,831			7,328
IV	Finance and Other Income	5,209			5,281		6,857			10,490			13,804			24,081
V	Share of net profit/(loss) of associates accounted for using     the equity method	(6	)		31		(2	)		25			(18	)		29
VI	Profit before tax [I-II-III+IV+V]	32,071	****	****	30,951	****	31,343	****	****	63,022	****	****	62,063	****	****	122,512
VII	Tax expense	7,228			6,838		5,731			14,066			12,430			24,799
VIII	Profit for the period [VI-VII]	24,843	****	****	24,113	****	25,612	****	****	48,956	****	****	49,633	****	****	97,713
IX	Total Other comprehensive income	682			4,989		1,302			5,671			2,592			4,613
	Total comprehensive income for the period [VIII+IX]	25,525	****	****	29,102	****	26,914	****	****	54,627	****	****	52,225	****	****	102,326
X	Profit for the period attributable to:
	Equity holders of the Company	24,656			23,902		25,526			48,558			49,400			97,218
	Non-controlling Interest	187			211		86			398			233			495
		24,843	****	****	24,113	****	25,612	****	****	48,956	****	****	49,633	****	****	97,713
	Total comprehensive income for the period attributable     to:
	Equity holders of the Company	25,312			28,955		26,773			54,267			51,951			101,673
	Non-controlling Interest	213			147		141			360			274			653
		25,525	****	****	29,102	****	26,914	****	****	54,627	****	****	52,225	****	****	102,326
XI	Paid up equity share capital (Face value 2 per share)	11,430			11,429		11,426			11,430			11,426			11,427
XII	Reserves excluding revaluation reserves and     Non-controlling Interest as per balance sheet															546,031
XIII	Earnings per share (EPS)
	(Equity shares of par value of 2/- each)
	(EPS for the three and six months ended periods is not annualized)
	Basic (in<br>)	4.33			4.20		4.30			8.53			8.27			16.67
	Diluted (in<br>)	4.32			4.19		4.29			8.51			8.25			16.62

All values are in Indian Rupees.

1

1.	The audited consolidated financial results of the Company for the three and six months ended September 30,<br>2020 have been approved by the Board of Directors of the Company at its meeting held on October 13, 2020. The Company confirms that its statutory auditors, Deloitte Haskins & Sells LLP have issued an audit report with unmodified<br>opinion on the consolidated financial results.
2.	The above consolidated financial results have been prepared from the interim condensed consolidated financial<br>statements, which are prepared in accordance with International Financial Reporting Standards and its interpretations (“IFRS”), as issued by the International Accounting Standards Board (“IASB”).
---	---
3.	Estimation uncertainty relating to the global health pandemic onCOVID-19
---	---

In assessing the recoverability of receivables including unbilled receivables, contract assets and contract costs, goodwill, intangible assets, and certain investments, the Company has considered internal and external information up to the date of approval of these consolidated financial results including credit reports and economic forecasts. The Company has performed sensitivity analysis on the assumptions used herein. Based on the current indicators of future economic conditions, the Company expects to recover the carrying amount of these assets.

The Company basis its assessment believes that the probability of the occurrence of forecasted transactions is not impacted by COVID-19. The Company has also considered the effect of changes, if any, in both counterparty credit risk and own credit risk while assessing hedge effectiveness and measuring hedge ineffectiveness and continues to believe that there is no impact on effectiveness of its hedges.

The impact of COVID-19 remains uncertain and may be different from what we have estimated as of the date of approval of these consolidated financial results and the Company will continue to closely monitor any material changes to future economic conditions.

4.	List of subsidiaries and investments accounted for using equity method as at September 30, 2020 areprovided in the table below:
Subsidiaries	Subsidiaries	Subsidiaries	Country ofIncorporation
---	---	---	---
Wipro, LLC			USA
	Wipro Gallagher Solutions, LLC		USA
		Opus Capital Markets Consultants, <br>LLC	USA
		Wipro Promax Analytics Solutions Americas, LLC	USA
	Wipro Insurance Solutions, LLC		USA
	Wipro IT Services, LLC		USA
		HealthPlan Services, Inc. **	USA
		Appirio, Inc. **	USA
		Designit North America, Inc. (formerly known as Cooper Software Inc.)	USA
		Infocrossing, LLC	USA
		Wipro US Foundation	USA
		International TechneGroup Incorporated **	USA
		Rational Interaction, Inc. **	USA
Wipro Overseas IT Services Pvt. Ltd			India
Wipro Japan KK			Japan
Wipro Shanghai Limited			China
Wipro Trademarks Holding Limited			India
Wipro Travel Services Limited			India
Wipro Holdings (UK) Limited			U.K.
	Designit A/S		Denmark
		Designit Denmark A/S	Denmark
		Designit Germany GmbH	Germany
		Designit Oslo A/S	Norway

2

		Designit Sweden AB	Sweden
		Designit T.L.V Ltd.	Israel
		Designit Tokyo Ltd.	Japan
		Designit Spain Digital, S.L. **	Spain
	Wipro Europe Limited		U.K.
		Wipro UK Limited	U.K.
	Wipro Financial Services UK Limited		U.K.
	Wipro IT Services S.R.L.		Romania
	4C NV		Belgium
		4C Danmark ApS	Denmark
		4C Nederland B.V	Netherlands
		Weare4C UK Limited **	U.K.
		4C Consulting France	France
Wipro IT Services SE			U.K.
	Wipro Doha LLC #		Qatar
	Wipro Technologies SA DE CV		Mexico
	Wipro Philippines, Inc.		Philippines
	Wipro Holdings Hungary Korlátolt Felelosségu Társaság		Hungary
		Wipro Holdings Investment Korlátolt Felelosségu Társaság	Hungary
	Wipro Information Technology Egypt SAE		Egypt
	Wipro Arabia Co. Limited *		Saudi Arabia
		Women’s Business Park Technologies Limited *	Saudi Arabia
	Wipro Poland SP Z.O.O		Poland
	Wipro IT Services Poland SP Z.O.O		Poland
	Wipro Technologies Australia Pty Ltd		Australia
	Wipro Corporate Technologies Ghana Limited		Ghana
	Wipro Technologies South Africa (Proprietary) Limited		South Africa
		Wipro Technologies Nigeria Limited	Nigeria
	Wipro IT Service Ukraine, LLC		Ukraine
	Wipro Information Technology Netherlands BV.		Netherlands
		Wipro Portugal S.A. **	Portugal
		Wipro Technologies Limited	Russia
		Wipro Technology Chile SPA	Chile
		Wipro Solutions Canada Limited	Canada
		Wipro Information Technology Kazakhstan LLP	Kazakhstan
		Wipro Technologies W.T. Sociedad Anonima	Costa Rica
		Wipro Outsourcing Services (Ireland) Limited	Ireland
		Wipro Technologies VZ, C.A.	Venezuela
		Wipro Technologies Peru S.A.C.	Peru
		Wipro do Brasil Servicos de Tecnologia S.A.	Brazil
		Wipro do Brasil Technologia Ltda **	Brazil
	Wipro Technologies SA		Argentina
	Wipro Technologies S.R.L.		Romania
	PT. WT Indonesia		Indonesia
	Wipro (Thailand) Co. Limited		Thailand
	Wipro Bahrain Limited Co. S.P.C.		Bahrain

3

	Wipro Gulf LLC	Sultanate of Oman
	Rainbow Software LLC	Iraq
Wipro Networks Pte Limited		Singapore
	Wipro (Dalian) Limited	China
	Wipro Technologies SDN BHD	Malaysia
Wipro Chengdu Limited		China
Wipro IT Services Bangladesh Limited		Bangladesh
Wipro HR Services India Private Limited		India
*	All the above direct subsidiaries are 100% held by the Company except that the Company holds 66.67% of the<br>equity securities of Wipro Arabia Co. Limited and 55% of the equity securities of Women’s Business Park Technologies Limited are held by Wipro Arabia Co. Limited.
---	---

51% of equity securities of Wipro Doha LLC are held by a local shareholder. However, the beneficial interest in these holdings is with the

Company.

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

**	Step Subsidiary details of Wipro Portugal S.A, Wipro do Brasil Technologia Ltda, Designit Spain Digital, S.L,<br>HealthPlan Services, Inc, Appirio, Inc, International TechneGroup Incorporated, Rational Interaction, Inc. and Weare4C UK Limited are as follows:
Subsidiaries	Subsidiaries	Subsidiaries	Country of Incorporation
---	---	---	---
Wipro Portugal S.A.			Portugal
	Wipro Technologies GmbH		Germany
		Cellent GmbH	Germany
		Cellent GmbH	Austria
Wipro do Brasil Technologia Ltda			Brazil
	Wipro Do Brasil Sistemetas De Informatica Ltd		Brazil
	IVIA Servicos de Informatica Ltda		Brazil
Designit Spain Digital, S.L.			Spain
	Designit Colombia S A S		Colombia
	Designit Peru SAC		Peru
HealthPlan Services, Inc.			USA
	HealthPlan Services Insurance Agency, LLC		USA
International TechneGroup Incorporated			USA
	International TechneGroup Ltd.		U.K.
	ITI Proficiency Ltd		Israel
	International TechneGroup S.R.L.		Italy
		MechWorks S.R.L.	Italy
Appirio, Inc.			USA
	Appirio, K.K		Japan
	Topcoder, LLC.		USA
	Appirio Ltd		Ireland
		Appirio Ltd (UK)	U.K.
Rational Interaction, Inc.			USA
	Rational Consulting Australia Pty Ltd		Australia
	Rational Interaction Limited		Ireland
Weare4C UK Limited			U.K.
	CloudSocius DMCC		UAE

As at September 30, 2020 the Company held 43.7% interest in Drivestream Inc, 33% interest in Denim Group Limited and 33.3% in Denim Group Management, LLC, accounted for using the equity method.

The list of controlled trusts are:

4

Name of the entity	Country of incorporation
Wipro Equity Reward Trust	India
Wipro Foundation	India
5.	Segment Information
---	---

The Company is organized into the following operating segments: IT Services, IT Products and India State Run Enterprise segment (“ISRE”).

IT Services: The IT Services segment primarily consists of IT Service offerings to customers organized by industry verticals. The industry verticals are as follows: Banking, Financial Services and Insurance (“BFSI”), Health Business unit (“Health BU”), Consumer Business unit (“CBU”), Energy, Natural Resources & Utilities (“ENU”), Manufacturing (“MFG”), Technology (“TECH”) and Communications (“COMM”). Key service offerings to customers includes software application development and maintenance, research and development services for hardware and software design, business application services, analytics, consulting, infrastructure outsourcing services and business process services.

IT Products: The Company is a value-added reseller of desktops, servers, notebooks, storage products, networking solutions and packaged 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 the above items is reported as revenue from the sale of IT Products.

ISRE: This segment consists of IT Services offerings to entities or departments owned or controlled by Government of India and/ or any State Governments.

The Chairman of the Company has been identified as the Chief Operating Decision Maker (“CODM”) as defined by IFRS 8, “Operating Segments.” The Chairman 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.

Information on reportable segment for the three months ended September 30, 2020, June 30, 2020 and September 30, 2019, and six months ended September 30, 2020 and September 30, 2019, and year ended March 31, 2020 are as follows:

															( in millions)
Particulars	Three months ended								Six months ended						Year ended
	September30, 2020			June30, 2020		September30, 2019			September30, 2020			September30, 2019			March31, 2020
	Audited			Audited		Audited			Audited			Audited			Audited
Revenue
IT Services
BFSI		45,995			44,828		45,760			90,823			91,155
Health BU		20,294			19,760		18,981			40,054			37,852
CBU		23,927			23,179		23,530			47,106			45,896
ENU		18,990			19,279		18,888			38,269			37,320
TECH		18,478			19,670		19,148			38,148			37,808
MFG		12,175			11,820		11,886			23,995			23,222
COMM		7,822			7,420		8,368			15,242			16,822
Total of IT Services	****	147,681	****	****	145,956	****	146,561	****	****	293,637	****	****	290,075	****		****
IT Products		1,691			2,258		3,233			3,949			5,642
ISRE		2,119			2,117		2,069			4,236			4,212
Reconciling Items		(8	)		5		(16	)		(3	)		(63	)		)
Total Revenue	****	151,483	****	****	150,336	****	151,847	****	****	301,819	****	****	299,866	****		****
Other operating income/(loss), net
IT Services		(178	)		97		50			(81	)		749
Total Other operating income/(loss), net	****	(178	)	****	97	****	50	****	****	(81	)	****	749	****		****
Segment Result
IT Services
BFSI		9,209			8,517		8,407			17,726			17,742
Health BU		4,005			2,728		2,863			6,733			5,792
CBU		5,507			4,419		3,952			9,926			7,458
ENU		3,329			3,569		3,084			6,898			5,280
TECH		2,632			4,167		3,624			6,799			7,150

All values are in Indian Rupees.

5

MFG	2,379		2,228		2,439		4,607		4,531		9,252
COMM	1,320		891		1,044		2,211		2,562		5,336
Unallocated	148		1,206		1,044		1,354		1,764		2,577
Other operating income/(loss), net	(178	)	97		50		(81	)	749		1,144
Total of IT Services	28,351	****	27,822	****	26,507	****	56,173	****	53,028	****	107,685	****
IT Products	(300	)	124		149		(176	)	(258	)	(282	)
ISRE	114		(100	)	(177	)	14		(813	)	(1,822	)
Reconciling Items	(30	)	(908	)	256		(938	)	151		149
Total	28,135	****	26,938	****	26,735	****	55,073	****	52,108	****	105,730	****
Finance Expense	(1,267	)	(1,299	)	(2,247	)	(2,566	)	(3,831	)	(7,328	)
Finance and Other Income	5,209		5,281		6,857		10,490		13,804		24,081
Share of net profit/ (loss) of associates accounted for using the equity method	(6	)	31		(2	)	25		(18	)	29
Profit before tax	32,071	****	30,951	****	31,343	****	63,022	****	62,063	****	122,512	****

Notes(₹in millions)

a)	“Reconciling items” includes elimination of inter-segment transactions and other corporate<br>activities.
b)	During the three and six months ended September 30, 2020, the Company has contributed ₹ Nil, and ₹ 991, respectively towards<br>COVID-19 and is reported in Reconciling items.
---	---
c)	Revenue from sale of traded cloud-based licenses is reported as part of IT Services revenues.<br>
---	---
d)	Revenue from sale of company owned intellectual properties is reported as part of IT Services revenues<br>
---	---
e)	For the purpose of segment reporting, the Company has included the impact of “foreign exchange gains /<br>(losses), net” in revenues amounting to ₹ 338, ₹ 1,205 and ₹ 591 for the three months ended September 30, 2020, June 30, 2020 and September 30, 2019 respectively, and ₹ 1,543 and ₹ 1,449 for the six months ended September 30, 2020 and September 30, 2019 respectively,<br>and ₹ 3,169 for the year ended March 31, 2020, which is reported as a part of operating profit in the interim condensed consolidated statement of income.<br>
---	---
f)	For evaluating performance of the individual operating segments, stock compensation expense is allocated on the<br>basis of straight-line amortization. The differential impact of accelerated amortization of stock compensation expense over stock compensation expense allocated to the individual operating segments is reported in Reconciling items.<br>
---	---
g)	The Company generally offers multi-year payment terms in certain total outsourcing contracts. These payment<br>terms primarily relate to IT hardware, software and certain transformation services in outsourcing contracts. The finance income on deferred consideration earned under these contracts is included in the revenue of the respective segment and is<br>eliminated under Reconciling items.
---	---
h)	Other operating income/(loss), net of<br>₹ (178), ₹ 97 and ₹ 50 is included as a part of IT Services segment results for the three months ended September 30, 2020, June 30, 2020 and September 30, 2019 respectively, and ₹ (81) and ₹ 749 for the six months ended September 30, 2020 and<br>September 30, 2019 respectively, and ₹ 1,144 for the year ended March 31, 2020. Refer to Note 6
---	---
i)	Segment results for the three and six months ended September 30, 2020 are after considering the impact of<br>impairment charge of ₹ 263 and ₹ 192 in TECH and BFSI industry vertical<br>respectively. The remaining impairment charge of ₹ 106 and ₹ 299 for the<br>three and six months ended September 30, 2020, respectively is included under unallocated.
---	---
j)	Segment results of IT Services segment are after recognition of share-based compensation expense of ₹ 836, ₹ 401 and<br>₹ 403, for the three months ended September 30, 2020, June 30, 2020 and September 30, 2019, respectively, and ₹ 1,237 and ₹ 830 for the six months ended September 30, 2020 and September 30, 2019 respectively,<br>and ₹ 1,229 for the year ended March 31, 2020. The share-based compensation expense pertaining to other segments is not material.
---	---
6.	Other operating income/(loss), net(₹in millions)
---	---

The Company has partially met the first and second-year business targets pertaining to sale of hosted data center business concluded during the year ended March 31, 2019. Change in fair value of the callable units pertaining to achievement of the business targets amounting to ₹ (178), ₹ 97 and ₹ Nil for the three months ended September 30, 2020, June 30, 2020 and September 30, 2019 respectively, and ₹ (81) and ₹ 597 for the six months ended September 30, 2020, and September 30, 2019 respectively, and ₹ 992 for the year ended March 31, 2020 has been recognized under other operating income/(loss), net.

The Company concluded the sale of assets pertaining to Workday business and Cornerstone OnDemand business in Portugal, France and Sweden during the year ended March 31, 2020. Gain arising from such transaction of ₹ 50 for the three months ended September 30, 2019, ₹ 152 for the six months ended September 30, 2019 and ₹ 152 for the year ended March 31,2020, has been recognized under other operating income/(loss), net.

7.	The Indian Parliament has approved the Code on Social Security, 2020 which would impact the contributions by<br>the company towards Provident Fund and Gratuity. The effective date from which the changes are applicable is yet to be notified and the rules for quantifying the financial impact are yet to be framed. In view of this, impact if any, of the change<br>will be assessed and accounted in period of notification of the relevant provisions.
8.	Business combination:
---	---

During the six months ended September 30, 2020, the Company has completed two business combinations (which individually are not material) for a total consideration of ₹ 7,011 million. These include (a) acquisition of IVIA Serviços de Informática Ltda. (“IVIA”), a specialized IT services provider to financial services, retail and manufacturing sectors in Brazil, and (b) acquisition of 4C NV and its subsidiaries (“4C”), a Salesforce multi-cloud partner in Europe, U.K. and the Middle East. The following table presents the provisional purchase price allocation:

6

	( in millions)
Description	Purchaseprice allocated
Net assets
Customer related intangibles
Marketing related intangibles
Deferred tax liabilities on intangible assets		)
Total		****
Goodwill
Total purchase price		****

All values are in Indian Rupees.

The total consideration for IVIA includes a deferred earn-out component of ₹ 497 million, which is linked to achievement of revenues and earnings over a period of 3 years ending September 30, 2023. The fair value of the earn-out liability was estimated by applying the discounted cash-flow approach considering discount rate of 5.7% and probability adjusted revenue and earnings estimates. This earn-out liability was fair valued at ₹ 460 million and recorded as part of provisional purchase price allocation.

Net assets acquired include ₹ 823 million of cash and cash equivalents. The goodwill of ₹ 5,522 million comprises value of acquired workforce and expected synergies arising from the business combinations. Goodwill was allocated to IT Services segment and is not deductible for income tax purposes. The pro-forma effects of these business combinations on the Company’s results were not material.

7

9.	Consolidated Balance Sheet:
			( in millions)
---	---	---	---
	As at March 31, 2020		As atSeptember 30, 2020
ASSETS
Goodwill		131,012
Intangible assets		16,362
Property, plant and equipment		81,120
Right-of-use<br>assets		16,748
Financial assets
Derivative assets		—
Investments		9,302
Trade receivables		6,049
Other financial assets		5,881
Investments accounted for using the equity method		1,383
Deferred tax assets		6,005
Non-current tax assets		11,414
Other non-current assets		11,935
Total non-current assets	****	297,211
Inventories		1,865
Financial assets
Derivative assets		3,025
Investments		189,635
Cash and cash equivalents		144,499
Trade receivables		104,474
Unbilled receivables		25,209
Other financial assets		8,614
Contract assets		17,143
Current tax assets		2,882
Other current assets		22,505
Total current assets	****	519,851
TOTAL ASSETS	****	817,062
EQUITY
Share capital		11,427
Share premium		1,275
Retained earnings		476,103
Share-based payment reserve		1,550
SEZ Re-investment reserve		43,804
Other components of equity		23,299
Equity attributable to the equity holders of the Company	****	557,458
Non-controlling interest		1,875
TOTAL EQUITY	****	559,333
LIABILITIES
Financial liabilities
Loans and borrowings		4,840
Derivative liabilities		138
Lease liabilities		12,638
Other financial liabilities		151
Deferred tax liabilities		2,825
Non-current tax liabilities		13,205
Other non-current liabilities		7,537
Provisions		2
Total non-current liabilities	****	41,336
Financial liabilities
Loans, borrowings and bank overdrafts		73,202
Derivative liabilities		7,231
Trade payables and accrued expenses		78,129
Lease liabilities		6,560
Other financial liabilities		899
Contract liabilities		18,775
Current tax liabilities		11,731
Other current liabilities		19,254
Provisions		612
Total current liabilities	****	216,393
TOTAL LIABILITIES	****	257,729
TOTAL EQUITY AND LIABILITIES	****	817,062

All values are in Indian Rupees.

8

10.	Consolidated statement of cash flows:
				( in millions)
---	---	---	---	---	---
	Six months ended September 30,
	2019			2020
Cash flows from operating activities:
Profit for the period		49,633
Adjustments to reconcile profit for the period to net cash generated from operatingactivities:
(Gain)/ loss on sale of property, plant and equipment and intangible assets, net		70			)
Depreciation, amortization and impairment expense		9,769
Unrealized exchange (gain)/ loss, net and exchange (gain)/ loss on borrowings		3,150			)
Share-based compensation expense		899
Share of net (profit)/ loss of associates accounted for using equity method		18			)
Income tax expense		12,430
Finance and other income, net of finance expenses		(11,103	)		)
(Gain)/loss from sale of business		(749	)
Changes in operating assets and liabilities, net of effects from acquisitions
Trade receivables		4,128
Unbilled receivables and contract assets		(4,126	)
Inventories		1,279
Other assets		(2,455	)
Trade payables, accrued expenses, other liabilities and provisions		(3,897	)
Contract liabilities		(6,403	)
Cash generated from operating activities before taxes		52,643
Income taxes (paid)/refund , net		3,365			)
Net cash generated from operating activities	****	56,008	****		****
Cash flows from investing activities:
Purchase of property, plant and equipment		(11,288	)		)
Proceeds from sale of property, plant and equipment		325
Purchase of investments		(602,255	)		)
Proceeds from sale of investments		678,519
Payment for business acquisitions including deposits and escrow, net of cash acquired		(3,230	)		)
Proceeds from sale of business		7,459
Interest received		14,319
Dividend received		189
Net cash generated from/ (used in) investing activities	****	84,038	****		)
Cash flows from financing activities:
Proceeds from issuance of equity shares and shares pending allotment		9
Repayment of loans and borrowings		(51,047	)		)
Proceeds from loans and borrowings		44,572
Repayment of lease liabilities		(3,193	)		)
Payment for buy back of shares, including transaction cost		(105,298	)
Interest paid		(2,473	)		)
Payment of cash dividend to Non-controlling interest<br>holders		(1,415	)		)
Net cash used in financing activities	****	(118,845	)		)
Net increase in cash and cash equivalents during the period		21,201
Effect of exchange rate changes on cash and cash equivalents		621			)
Cash and cash equivalents at the beginning of the period		158,525
Cash and cash equivalents at the end of the period	****	180,347	****		****

All values are in Indian Rupees.

11.	Events after the reporting period
a)	On October 13, 2020, the Board of Directors approved a buyback proposal, subject to the approval of<br>shareholders through postal ballot, for purchase by the Company of up to 237,500,000 equity shares of ₹ 2 each (being 4.16% of total paid-up equity share capital as at September 30, 2020) from the shareholders of the Company on a proportionate basis by way of a tender offer at a price of ₹ 400 per equity share for an aggregate amount not exceeding ₹ 95,000 million, in accordance with the<br>provisions contained in the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018 and the Companies Act, 2013 and rules made thereunder.
---	---
b)	On October 13, 2020, the Company entered into a definitive agreement to acquire Eximius Design, LLC and<br>Eximius Design India Private Limited, a leading engineering services company with expertise in semiconductor, software and systems design for a total consideration of USD 80 million. The acquisition is subject to customary closing conditions<br>and regulatory approvals and is expected to be concluded in the quarter ending December 31, 2020.
---	---
By order of the Board,	For, Wipro Limited
---	---
Place: Bengaluru<br> <br>Date: October 13,<br>2020	Rishad A. Premji<br><br><br>Chairman

9

EX-99.6

Exhibit 99.6

Q2 FY 20-21
Key Performance Highlights
REVENUE	Sequential Growth	OPERATING MARGIN
$1.99B	3.7%	19.2%
COMPOSITION OF BUSINESS UNITS
31.2%	5.3%	12.9%	13.7%	8.2%	12.5%
Banking, Financial Services, Insurance	Communications	Energy, Natural Resources, Utilities	Health	Manufacturing	Technology
DISTRIBUTION OF PRACTICES
DIGITAL OPERATIONS AND PLATFORMS	CLOUD AND INFRA SERVICES	DATA, ANALYTICS AND ARTIFICIAL INTELLIGENCE	INDUSTRIAL AND ENGINEERING SERVICES
15.5%	25.6%	7.0%	7.4%
GEOGRAPHIC DISTRIBUTION
58.4%	23.8%
AMERICAS US • CANADA • LATAM	OPE UK • CE • DACH •NORDICS
REVENUE GUIDANCE
1.5% to 3.5%	2,022Mn to 2,062Mn
QoQ Growth	Q3 FY 2020-21
CUSTOMER CONCENTRATION
TOP1 3.2%	TOP 5 12.0%
TOTAL HEADCOUNT	185,243	11.0%
GROSS UTILIZATION	76.4%	50.4%

All values are in US Dollars.

Public

Exhibit 99.6

Wipro Limited

Results for the Quarter ended September 30, 2020

Operating Metrics Pertaining to IT Services Segment

A. IT Services

					FY 19-20<br><br>* * *
			Q1<br><br>* * *		FY<br><br>* * *		Q4<br><br>* * *		Q3<br><br>* * *		Q2<br><br>* * *		Q1<br><br>* * *
Revenue &OM %	IT services Revenues (Mn)	1,992.4	****	1,921.6	****	8,256.2	****	2,073.7	****	2,094.8	****	2,094.8	****	2,038.8
	Sequential Growth Note 1	3.7%		-7.3%	****	2.5%		-1.0%		2.2%		0.5%		-1.3%
	Sequential Growth in Constant Currency Note 1&2	2.0%		-7.5%	****	3.9%		0.4%		1.8%		1.1%		-0.7%
	Operating Margin % Note 3	19.2%		19.0%	****	18.1%		17.6%		18.4%		18.1%		18.4%
Service Line Mix	Practices
	Digital Operations and Platforms	15.5%		14.8%	****	14.8%		14.6%		15.3%		14.7%		14.7%
	Cloud and Infrastructure Services	25.6%		25.9%	****	25.8%		25.8%		25.8%		25.87		25.7%
	Data, Analytics and AI	7.0%		7.2%	****	7.3%		7.2%		7.2%		7.3%		7.4%
	Application Services	44.5%		44.4%	****	44.5%		44.7%		44.2%		44.8%		44.6%
	Industrial & Engineering Services	7.4%		7.7%	****	7.6%		7.7%		7.5%		7.5%		7.6%
SBU Mix	Strategic Business Units
	Banking, Financial Services and Insurance	31.2%		30.7%	****	31.0%		30.4%		30.9%		31.3%		31.6%
	Communications	5.3%		5.1%	****	5.7%		5.5%		5.7%		5.7%		5.9%
	Consumer Business Unit	16.2%		15.9%	****	16.3%		16.8%		16.9%		16.0%		15.6%
	Energy, Natural Resources and Utilities	12.9%		13.2%	****	12.9%		12.8%		12.9%		12.9%		12.8%
	Health Business Unit	13.7%		13.5%	****	13.2%		13.5%		13.1%		13.0%		13.2%
	Manufacturing	8.2%		8.1%	****	8.1%		8.2%		8.2%		8.1%		7.9%
	Technology	12.5%		13.5%	****	12.8%		12.8%		12.3%		13.0%		13.0%
Geography Mix	Geography
	Americas	58.4%		59.0%	****	59.1%		59.1%		59.2%		59.6%		58.7%
	Europe	23.8%		23.7%	****	24.0%		24.1%		23.7%		23.5%		24.6%
	Rest of the World	17.8%		17.3%	****	16.9%		16.8%		17.1%		16.9%		16.7%
Guidance	Guidance (Mn)	-		-		-		2,095-<br>2,137		2,065-<br>2,106		2,039-<br>2,080		2,046-<br>2,087
	Guidance restated based on Actual currency realized (Mn)	-		-		-		2,064-<br>2,106		2,074-<br>2,115		2,027-<br>2,068		2,034-<br>2,075
	Revenues performance against guidance (Mn)	-		-		-		2,073.7		2,094.8		2048.9		2,038.8
Customer Relationship	Customer size distribution (TTM)
	> 100Mn	11		13	****	15		15		14		13		13
	> 75Mn	24		22	****	22		22		22		23		23
	> 50Mn	39		39	****	40		40		41		41		41
	> 20Mn	100		97	****	96		96		96		92		92
	> 10Mn	166		163	****	166		166		169		165		166
	> 5Mn	257		258	****	260		260		260		261		259
	> 3Mn	342		348	****	341		341		344		341		340
	> 1Mn	573		577	****	574		574		572		569		564
Customer Metrics	Revenue from Existing customers %	98.6%		99.7%	****	98.1%		97.0%		97.6%		98.4%		99.4%
	Number of new customers	97		42	****	240		65		77		57		41
	Total Number of active customers	1,089		1,004	****	1,074		1,074		1,070		1,027		1,060
	Customer Concentration
	Top customer	3.2%		3.2%	****	3.2%		3.0%		3.0%		3.2%		3.7%
	Top 5	12.0%		12.3%	****	12.8%		12.2%		12.3%		12.8%		13.8%
	Top 10	19.6%		20.3%	****	19.7%		19.3%		19.2%		19.8%		20.7%

All values are in US Dollars.

Notes:

Note 1: QoQ and YoY growth rates have been adjusted for the impact of divestments

Note 2: Constant currency revenue for a period is the product of volumes in that period times the average actual exchange rate of the corresponding comparative period

Note 3: IT Services Operating Margin refers to Segment Results Total as reflected in IFRS financials

Note 4: IT Services excl. DOP, Designit, Cellent, Cooper, Infoserver, Topcoder, India, Rational, ITI, IVIA and 4C

2

							FY - 19-20<br><br>* * *
				Q2<br><br>* * *			FY<br><br>* * *			Q4<br><br>* * *			Q3<br><br>* * *			Q2<br><br>* * *			Q1<br><br>* * *
Currency<br><br><br>Mix	% of Revenue
		62	%		63	%	****	63	%		62	%		63	%		63	%		62	%
		10	%		10	%	****	10	%		10	%		10	%		9	%		10	%
		8	%		8	%	****	8	%		8	%		8	%		8	%		9	%
		5	%		5	%	****	4	%		5	%		4	%		4	%		4	%
	AUD	5	%		5	%	****	5	%		4	%		4	%		5	%		5	%
	CAD	2	%		2	%	****	3	%		3	%		3	%		3	%		3	%
	Others	8	%		7	%	****	7	%		8	%		8	%		8	%		7	%
	Closing Employee Count	185,243	****	****	181,804	****	****	182,886	****	****	182,886	****	****	187,318	****	****	181,453	****	****	174,850	****
Employee<br><br><br>Metrics	Utilization Note4
	Gross Utilization	76.4	%		75.0	%	****	72.2	%		73.4	%		70.2	%		71.4	%		73.9	%
	Net Utilization (Excluding Trainees)	86.9	%		84.5	%	****	82.3	%		82.6	%		79.6	%		81.1	%		85.0	%
	Attrition
	Voluntary TTM (IT Services excl. DOP)	11.0	%		13.0	%	****	14.7	%		14.7	%		15.7	%		17.0	%		17.6	%
	DOP %(POST Training Quarterly)	6.1	%		4.4	%	****	10.1	%		10.8	%		9.6	%		9.9	%		10.0	%
	Sales & Support Staff - IT Services	14,806	****		14,567		****	14,908	****		14,908			15,232			14,990			14.116
B. IT Services (Excluding DOP,Designit, Cellent, Appirio, Cooper, Infoserver, Topcoder, India, Rational, ITI, IVIA and 4C)																					****
Service<br><br><br>Delivery	Revenue from FPP	60.3	%		61.7	%	****	62.4	%		63.2	%		62.6	%		61.9	%		61.6	%
	Offshore Revenue (% of Services)	50.4	%		48.5	%	****	47.1	%		48.2	%		46.8	%		46.7	%		47.7	%

All values are in US Dollars.

C. Growth Metrics for the Quarter ended September 30, 2020^Note2^

	ReportedCurrencyQoQ%<br><br>* * *			ReportedCurrencyYoY %<br><br>* * *			ConstantCurrencyQoQ%<br><br>* * *			ConstantCurrencyYoY %<br><br>* * *
IT Services		3.7	%		-2.8	%		2.0	%		-3.4	%
Strategic Business Units
Banking, Financial Services and Insurance		5.4	%		-2.8	%		3.7	%		-3.3	%
Communications		7.8	%		-9.8	%		4.6	%		-10.3	%
Consumer Business Unit		5.6	%		-1.9	%		4.5	%		-2.1	%
Energy, Natural Resources and Utilities		1.1	%		-2.9	%		-2.4	%		-5.4	%
Health Business Unit		4.9	%		2.6	%		4.1	%		2.3	%
Manufacturing		5.4	%		-1.1	%		3.5	%		-1.5	%
Technology		-3.9	%		-6.8	%		-4.7	%		-7.1	%
Geography
Americas		2.7	%		-4.7	%		2.2	%		-4.0	%
Europe		4.1	%		-1.6	%		0.1	%		-5.7	%
Rest of the World		6.4	%		2.4	%		3.7	%		2.0	%
Practices
Digital Operations and Platforms		8.6	%		2.3	%		8.1	%		2.0	%
Cloud and Infrastructure Services		2.4	%		-3.4	%		0.6	%		-3.8	%
Data, Analytics and AI		1.1	%		-6.9	%		-0.5	%		-7.5	%
Application Services		3.9	%		-3.0	%		1.7	%		-4.0	%
Industrial & Engineering Services		-0.3	%		-4.7	%		-1.3	%		-5.2	%

D. Annexure to Datasheet

Segment-wise breakup ofCost of Revenues, S&M andG&A<br><br>* * *	Q1 FY20-21 ( Mn)
Particulars<br><br>* * *	IT Services	IT Products<br><br>* * *		ISRE<br><br>* * *		Reconciling<br>Items<br><br>* * *		Total<br><br>* * *
Cost of revenues			2,008		1,929		28		105,387
Selling and marketing expenses			24		71		7		9,606
General and administrative expenses			-41		5		-13		8,177
Total		****	1,991	****	2,005	****	22	****	123,170

All values are in Indian Rupees.