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WIT 6-K

Wipro Ltd (WIT)

6-K 2026-04-17 For: 2026-04-17
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Added on July 08, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer

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

under the Securities Exchange Act of 1934

For the month of April 2026

Commission File Number 001-16139

Wipro Limited

(Translation of Registrant’s name into English)

Doddakannelli

Sarjapur Road

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

(Address of principal executive offices)

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

DISCLOSURE OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION

Wipro Limited, a company organized under the laws of the Republic of India (the “Company”), hereby furnishes the Commission with the following information concerning its public disclosures regarding its results of operations for the quarter and year ended March 31, 2026. 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 April 16, 2026, we announced our results of operations for the quarter and year ended March 31, 2026. 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.

We placed advertisements in certain Indian newspapers concerning our results of operations for the quarter and year ended March 31, 2026, under IFRS. A copy of the form of this advertisement is attached to this Form 6-K as Item 99.2.

We made available on our website the Condensed Consolidated Interim Financial Statements for the quarter and year ended March 31, 2026, under IFRS. A copy of such financial statements is attached to this Form 6K as Item 99.3.

We filed with stock exchanges in India a statement of statutorily audited consolidated financial results for the quarter and year ended March 31, 2026, under IFRS. A copy of such financial statements is attached to this Form 6K as Item 99.4.

We filed with stock exchanges in India a datasheet containing operating metrics for the quarter and year ended March 31, 2026. A copy of such data sheet is attached to this Form 6-K as Item 99.5.

SIGNATURES

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

WIPRO LIMITED
/s/ Aparna Chandrashekar Iyer
Aparna Chandrashekar Iyer
Chief Financial Officer
Dated: April 17, 2026

INDEX TO EXHIBITS

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

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

LOGO

Wipro announces results for the Quarter and Year ended March 31, 2026

Adjusted net income grew 3.7% QoQ in Q4’26 and grew 2.2% YoY for FY’26

FY’26 margin at 17.2%, expands 0.2%, Q4 margin at 17.3%, contracts 0.2% YoY

Operating cash flow at 90.1% of net income for Q4’26 and 112.6% for FY’26

Board approves Buy-Back for the value of ₹150 billion

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

Highlights of the Results

Results for the Quarter ended March 31, 2026:

1. Gross revenue at<br>₹242.4 billion ($2,583.0 million^1^), an increase of 2.9% QoQ and 7.7% YoY.
2. IT services segment revenue was at $2,651.0 million, increase of 0.6% QoQ and 2.1% YoY.
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3. Non-GAAP^2^ constant<br>currency IT Services segment revenue increased 0.2% QoQ and decreased 0.2% YoY.
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4. Total bookings^3^ was at $3,455 million, up by 3.2% QoQ<br>in constant currency^2^. Large deal bookings^4^ was at $1,440 million, increase of 65.1% QoQ in constant currency^2^.
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5. IT services operating margin^5^ for Q4’26 was at<br>17.3%, decrease of 0.3% QoQ and 0.2% YoY.
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6. Net income for the quarter was at<br>₹35.0 billion ($373.2 million^1^), an increase of 12.3% QoQ and decrease of 1.9% YoY.
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7. Earnings per share for the quarter at<br>₹3.34 ($0.04^1^), an increase of 12.1% QoQ and a decrease of 2.1% YoY.
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8. Adjusted for impact of labour code changes^6^, Net Income<br>for the quarter was ₹34.9 billion ($371.5 million^1^), an increase of 3.7% QoQ and EPS for the quarter was ₹3.33 ($0.04^1^), increase of 3.7 % QoQ.
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9. Operating cash flows of<br>₹31.7 billion ($338.2 million^1^), decrease of 15.3% YoY and at 90.1% of Net Income for the quarter.
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10. Voluntary attrition was at 13.8% on a trailing 12-month basis.
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Results for the Year ended March 31, 2026:

1. Gross revenue reached<br>₹926.2 billion ($9.9 billion^1^), an increase of 4.0% YoY.
2. IT services segment revenue was at $10,478.1 million, a decrease of 0.3% YoY.
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3. Non-GAAP^2^ constant<br>currency IT Services segment revenue decreased 1.6% YoY.
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4. Large deal bookings^4^ was at $7.8 billion, up by 45.4%<br>YoY. Total bookings^3^ was at $16.4 billion, increase of 14.0% YoY.
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5. IT services operating margin^5^ for the year was at 17.2%,<br>up by 0.2% YoY.
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6. Net income for the year was at<br>₹132.0 billion ($1,406.5 million^1^), an increase of 0.5% YoY.
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7. Earnings per share for the year was at<br>₹12.6 ($0.13^1^), an increase of 0.3% YoY.
8. Adjusted for impact of labour code changes^6^, Net Income<br>for the year was ₹134.3 billion ($1430.8 million^1^), an increase of 2.2% YoY and EPS for the year was ₹12.8 ($0.14^1^), increase of 2.1 % YoY.
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9. Operating cash flows of<br>₹149.3 billion ($1,591.3 million^1^), decrease of 11.9% YoY and at 112.6% of Net Income for the year.
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Outlook for the Quarter ending June 30, 2026

We expect revenue from our IT Services business segment to be in the range of $2,597 million to $2,651 million*. This translates to sequential guidance of (-)2.0% to 0% in constant currency terms.

* Outlook for the Quarter ending June 30, 2026, is based on the following exchange rates: GBP/USD at<br>1.34, Euro/USD at 1.17, AUD/USD at 0.70, USD/INR at 92.35 and CAD/USD at 0.73

Performance for the Quarter and Year ended March 31, 2026

Srini Pallia, CEO and Managing Director, said “Advancements in AI are reshaping client priorities and creating new opportunities for us to partner more deeply to deliver value-driven outcomes. To strengthen our position in an AI-first world, we are pivoting to a services-as-a-software model through the AI Native Business & Platforms unit. Our strategic deal with the Olam Group further reflects the decisive investments we are making to capture opportunities at scale.”

**Aparna Iyer, Chief Financial Officer, said “**We have continued to invest in our clients, capabilities and people and maintained our margins in narrow band. Our cash conversion continues to remain strong with operating cash flows at 112.6% of net income for FY’26. During the year we have returned substantial portion of our cash generated to shareholders in the form of dividend. Additionally, in our recently concluded board meeting, the Board of Directors announced buyback of ₹ 15,000 Cr at a price of ₹ 250, subject to shareholder approval.”

Capital Allocation:

The Board of Directors approved the buyback proposal, subject to the approval of shareholders through postal ballot, for purchase by the Company of up to 60,00,00,000 equity shares of ₹2 each (being 5.7% of total paid-up equity share capital) from the shareholders of the Company on a proportionate basis by way of a tender offer at a price of ₹250 ($2.66^1^) per equity share for an aggregate amount not exceeding ₹150 billion ($1.6 billion^1^) , in accordance with the 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.

The interim dividend of ₹11 declared in FY’26 by the Board at its meetings held on July 17^th^, 2025 and January 16^th^, 2026, shall be considered as final dividend for the financial year 2025-26.

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 = ₹ 93.83, as published by the Federal Reserve Board of Governors on March 31, 2026.<br>However, the realized exchange rate in our IT Services business segment for the quarter ended March 31, 2026, was US$1= ₹ 90.60
2. Constant currency for a period is the product of volumes in that period times the average actual exchange<br>rate of the corresponding comparative period.
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3. Total Bookings refers to the total contract value of all orders that were booked during the period including<br>new orders, renewals, and increases to existing contracts. Bookings do not reflect subsequent terminations or reductions related to bookings originally recorded in prior fiscal periods. Bookings are recorded using then-existing foreign currency<br>exchange rates and are not subsequently adjusted for foreign currency exchange rate fluctuations. The revenues from these contracts accrue over the tenure of the contract. For constant currency growth rates, refer note 2.
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2

4. Large deal bookings consist of deals greater than or equal to $30 million in total contract value.
5. IT Services Operating Margin refers to Segment Results Total as reflected in IFRS financials.
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6. Adjusted for impact of past service cost on gratuity and remeasurement of leave encashment due to<br>implementation of new labour code amounting to ₹ (-)272 Mn for the three months ended 31^st^ March,<br>2026 and ₹ 2,756Mn for the year ended 31^st^ March, 2026, is included in the table title<br>“Reconciliation for Adjusted Net Income and Adjusted EPS” on page 13.
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Highlights of Strategic Deal Wins

In the fourth quarter, Wipro continued to win large and strategic deals across industries. Key highlights include:

1. A leading US-based health insurance provider has extended its contract<br>with Wipro to support large-scale IT modernization. To help the client address rising medical costs, and provide improved member experience, Wipro will leverage its consulting-led approach and domain expertise<br>to streamline the client’s vendor ecosystem and identify targeted AI- enabled levers across IT operations, contact centers, and core healthcare platforms. Wipro will deploy its Wipro Intelligence^TM^ platforms like WEGA to enable automation and intelligent execution across IT services and WINGS to drive predictive insights and performance intelligence. The engagement is expected to deliver<br>significant productivity gains, sustained cost optimization, and improved delivery quality and scalability.
2. A global technology leader has renewed its relationship with Wipro to transform the IT infrastructure and<br>Digital Workplace Services for one of its acquired companies. Through a long-term managed services engagement, Wipro will transfer responsibilities from several suppliers to a unified delivery model and integrate the client’s IT<br>infrastructure. The engagement will leverage intelligent automation and AI-enabled capabilities to boost engineer productivity and simplify support request management. This transformation will enable the<br>client to adopt a cost-effective integrated operating model, greatly improving employee experience and service reliability.
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3. A leading global medtech company has selected Wipro to transform its Post Market Surveillance (PMS) process<br>into a more efficient and intelligent operation. Since this is highly regulated market, Wipro will initially stabilize the client’s PMS and quality landscape and then, through a consulting-led and AI-powered engagement, transform the ecosystem into a more efficient and scalable process. By deploying an AI-enabled solution to streamline the intake and prioritization of<br>health authority reporting, the engagement will deliver sustained cost efficiencies, strengthen compliance and business continuity for the client, while scaling a foundation for modernized post-approval operations.
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4. A global manufacturer has signed a multi-year extension and expansion of its strategic engagement with Wipro.<br>This renewed contract across the CIO organization will leverage Wipro Intelligence^™^ to embed AI-led automation and advanced capabilities that enhance end-to-end visibility, resilience, and operational efficiency in a transformed delivery model. The deal also includes a new strategic advisory service and a shared-benefits<br>model. This extension reflects the strength of the partnership and the collaborative working model built over the engagement.
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5. TruStage, a leading North American financial services provider has engaged Wipro for a multi-year<br>transformation of its retirement services business, bringing together operations and technology into a single, outcome-driven model. Through a consulting-led, domain-centric approach, Wipro is modernizing and re-engineering business<br>operations & underlying technology to improve speed, quality, and scalability. Powered by Wipro Intelligence^™^, the program embeds AI across workflows to drive straight-through
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processing, real-time insights, and proactive decision-making significantly lowering cost-to-serve. The integrated cloud-native ops-and-IT model is designed to enhance customer and sponsor experiences, improve transparency, and enable a more agile, digitally enabled retirement services ecosystem.

6. ABB Group, a global leader in electrification and automation has signed a multi-year renewal to modernize its<br>digital workplace and accelerate its shift to an AI-led service model. Wipro will deliver agentic AI-powered workplace services across service desk, employee services,<br>and supply chain operations. The program will introduce an AI-first, self-resolving service desk featuring smart causal analysis, multilingual voice and chat translation, and forecasting for proactive device<br>management. These capabilities will streamline and elevate user experience. They will also drive measurable productivity improvements and support the client’s sustainability goals through efficient and responsible device management.
7. A major European health technology organization has renewed its engagement with Wipro to provide managed<br>services, modernize its operating model as well as strengthen regulatory oversight and governance. Wipro will redesign core processes and align workflows across business units to improve efficiency, compliance, and consistency. AI-enabled process<br>optimization will be embedded to streamline operations while maintaining service quality. The engagement will help the client reduce costs, consolidate complaint handling, and deliver more predictable, high-performing outcomes, reinforcing<br>Wipro’s position as a trusted long-term partner.
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8. A major US retailer has chosen Wipro to modernize its store associate experience and execution model across a<br>large, distributed store network, with the goal of improving productivity, consistency, and speed of operations. Through a consulting-led
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transformation program, Wipro is defining a clear operating model for store teams and enhancing day-to-day execution by providing associates with real time access to operational data through a mobile app, while establishing a scalable framework for data driven and AI-enabled store intelligence. This engagement will improve execution quality and compliance, enhance associate effectiveness on the floor, and create a strong foundation for AI-led capabilities that drive incremental sales uplift and improved customer experience.

9. A US-based health insurer has selected Wipro to modernize its member<br>enrollment, billing, and claims operations by adopting a next-generation business process platform. Wipro will deploy its PayerAI solution, part of Wipro Intelligence^™^, to support end-to-end enrollment, billing, and claims operations across its Medicare Advantage line of business. The solution combines Payer in a Box for enrollment and billing with<br>Cognitive Claims for intelligent claims processing, enabling AI-driven automation, improved accuracy, higher system uptime, and superior processing quality. This transformation will enhance operational<br>efficiency and scalability, reduce complexity, strengthen compliance, and significantly improve the member experience.
10. A leading energy trading company in the UK has selected Capco, a Wipro company, to establish a Capability as a<br>Service (CaaS) model within its Energy Trading business. Drawing on its proven CaaS track record and deep transformation expertise, Capco will provide a flexible, high quality delivery capability with rapid access to specialist skills. The<br>engagement includes transitioning critical delivery resources to Capco to ensure delivery continuity while supporting the client’s cost reduction objectives.
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11. A leading global financial services organization has engaged Capco, a Wipro company, to support the rollout of<br>a coordinated, enterprise-wide AI strategy. Capco will provide strategic advisory and establish AI commercialization capabilities, embed Responsible AI practices, and drive adoption of internal AI tooling to help move the organization from isolated<br>initiatives to scaled, practical use of AI. This will help the client accelerate AI adoption, improve returns on AI investments, and boost overall workforce productivity.
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12. A prominent Southeast Asian manufacturer has selected Wipro to establish a Global Capability Center (GCC)<br>focused on asset operations, enabling remote maintenance, monitoring, and technical support across its plants. Leveraging its deep expertise in energy value chain, Wipro will work with the client to define the GCC operating model, assess process<br>readiness, and shape an enterprise AI roadmap aligned to asset intensive operations. Wipro will also identify AI interventions to demonstrate measurable business value across use cases such as predictive monitoring, maintenance planning, and<br>proactive technical alerting. Wipro will help the client accelerate GCC maturity while embedding AI-enabled capabilities that enhance asset reliability, optimize turnaround cycles, reduce costs, and streamline<br>plant-level and enterprise-wide operations at scale.

Analyst Recognition

1. Wipro was recognized as a Leader in ISG Provider<br>Lens^™^ - Advanced Analytics and AI Services 2025 - US & Europe (all quadrants)
2. Wipro was positioned as a Leader in Everest Group’s Software Product Engineering Services PEAK<br>Matrix® Assessment 2026 – Global
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3. Wipro was positioned as a Horizon 3 – Market Leader in the HFS Horizons: Agentic Services, 2026 report<br>4. Wipro was recognized as a Leader in Avasant’s Life Sciences Digital Services 2026 RadarView^™^ 5. Wipro was ranked as a Leader in Avasant’s Hybrid Enterprise Cloud Services 2026<br>RadarView^™^
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6. Wipro was recognized as a Leader in Everest Group’s Healthcare Payer Intelligent Operations PEAK<br>Matrix® Assessment 2026
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7. Wipro was rated as a Leader in ISG Provider Lens® - Oil & Gas Industry - Services and Solutions<br>2025 - North America (all quadrants)
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8. Wipro was positioned as a Leader in ISG Provider Lens® - Power & Utilities Industry - Services<br>and Solutions 2025 - US & Europe (all quadrants)
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9. Wipro was rated as a Leader in ISG Provider Lens® - Digital Sustainability 2025 - Global (all quadrants)
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10. Wipro was rated as a Leader in ISG Provider Lens® - Telecom Media and Entertainment - Industry Services<br>and Solutions 2025 - North America & EMEA (multiple quadrants)
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11. Wipro was positioned as a Leader in ISG Provider Lens® - Enterprise Managed Network Services 2025 -<br>US & Europe (multiple quadrants)
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12. Wipro was featured as a Horizon 3 – Market Leader in the HFS Horizons:<br>Next-gen IT Infrastructure Services, 2026 report
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IT Products

1. IT Products segment revenue for the quarter was<br>₹2.5 billion ($26.9 million^1^)
2. IT Products segment results for the quarter were<br>₹0.2 billion ($2.2million^1^)
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3. IT Products segment revenue for the year was<br>₹6.9 billion ($74.0 million^1^)
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4. IT Products segment results for the year were<br>₹0.6 billion ($5.9 million^1^)
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Please refer to the table on page 12 for reconciliation between IFRS IT Services Revenue and IT Services Revenue on a non-GAAP constant currency basis.

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About Key Metrics and Non-GAAP Financial Measures

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

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

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

Results for the Quarter and Year ended March 31, 2026, prepared under IFRS, along with individual business segment reports, are available in the Investors section of our website www.wipro.com/investors/

Quarterly Conference Call

We will hold an earnings conference call today at 07:45 p.m. Indian Standard Time (10:15 a.m. U.S. Eastern Time) to discuss our performance for the quarter. The audio from the conference call will be available online through a webcast and can be accessed at the following link- https://links.ccwebcast.com/?EventId=WIP160426

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

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About Wipro Limited

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

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

Forward-Looking Statements

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

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

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(Tables to follow)

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WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

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

As at March 31, 2025 As at March 31, 2026
Convenience translation into<br>U.S. Dollar in millions<br>(unaudited) at the rate of₹ 93.83
ASSETS
Goodwill 325,014 387,399 4,129
Intangible assets 27,450 29,176 311
Property, plant and equipment 80,684 81,787 872
Right-of-Use<br>assets 25,598 28,287 301
Financial assets
Derivative assets ^ — —
Investments 26,458 28,053 299
Trade receivables 299 349 4
Unbilled receivables — 7,433 79
Other financial assets 4,664 6,259 67
Investments accounted for using the equity method 1,327 2,126 23
Deferred tax assets 2,561 5,242 56
Non-current tax assets 7,230 7,787 83
Other non-current assets 7,460 9,010 96
Total non-current assets 508,745 592,908 6,320
Inventories 694 517 6
Financial assets
Derivative assets 1,820 888 9
Investments 411,474 437,680 4,665
Cash and cash equivalents 121,974 105,555 1,125
Trade receivables 117,745 135,901 1,448
Unbilled receivables 64,280 76,823 819
Other financial assets 8,448 10,245 109
Contract assets 15,795 14,819 158
Current tax assets 6,417 10,762 115
Other current assets 29,128 33,164 353
Total current assets 777,775 826,354 8,807
TOTAL ASSETS 1,286,520 1,419,262 15,127
EQUITY
Share capital 20,944 20,977 224
Share premium 2,628 6,158 66
Retained earnings 716,477 735,057 7,834
Share-based payment reserve 6,985 7,920 84
Special Economic Zone Re-investment reserve 27,778 25,966 277
Other components of equity 53,497 89,290 952
Equity attributable to the equity holders of the Company 828,309 885,368 9,437
Non-controlling interests 2,138 2,509 27
TOTAL EQUITY 830,447 887,877 9,464
LIABILITIES
Financial liabilities
Loans and borrowings 63,954 1,962 21
Lease liabilities 22,193 26,327 281
Accrued expenses — 4,394 47
Other financial liabilities 7,793 6,743 72
Deferred tax liabilities 16,443 17,266 184
Non-current tax liabilities 42,024 48,195 514
Other non-current liabilities 17,119 23,042 246
Provisions 294 224 2
Total non-current liabilities 169,820 128,153 1,367
Financial liabilities
Loans, borrowings and bank overdrafts 97,863 165,912 1,768
Lease liabilities 8,025 8,709 92
Derivative liabilities 968 10,978 117
Trade payables and accrued expenses 88,252 94,924 1,012
Other financial liabilities 3,878 11,357 120
Contract liabilities 20,063 25,434 271
Current tax liabilities 34,481 49,621 529
Other current liabilities 31,086 34,801 371
Provisions 1,637 1,496 16
Total current liabilities 286,253 403,232 4,296
TOTAL LIABILITIES 456,073 531,385 5,663
TOTAL EQUITY AND LIABILITIES 1,286,520 1,419,262 15,127
^ Value is less than 0.5
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WIPRO LIMITED AND SUBSIDIARIES<br>INTERIM CONDENSED CONSOLIDATED STATEMENTS OF INCOME<br>( in millions, except share and per share<br>data, unless otherwise stated)
Three months ended March 31, Year ended March 31,
2025 2026 2026 2025 2026 2026
Convenience<br>translation into<br>US dollar in<br>millions<br>(unaudited) at the<br>rate of 93.83 Convenience<br>translation into<br>U.S. Dollar in<br>millions<br>(unaudited) at the<br>rate of 93.83
Revenues 225,042 242,363 2,583 890,884 926,240 9,871
Cost of revenues (155,525 ) (171,914 ) (1,832 ) (617,802 ) (656,192 ) (6,993 )
Gross profit 69,517 70,449 751 273,082 270,048 2,878
Selling and marketing expenses (15,065 ) (14,003 ) (149 ) (64,378 ) (59,216 ) (631 )
General and administrative expenses (15,589 ) (14,808 ) (158 ) (57,465 ) (61,434 ) (655 )
Foreign exchange gains/(losses), net 224 325 3 32 1,853 20
Results from operating activities 39,087 41,963 447 151,271 151,251 1,612
Finance expenses (3,767 ) (3,701 ) (39 ) (14,770 ) (14,577 ) (156 )
Finance and other income 11,819 8,387 89 38,202 36,491 389
Share of net profit/ (loss) of associate and joint venture accounted for using the equity<br>method 291 27 ^ 254 257 3
Profit before tax 47,430 46,676 497 174,957 173,422 1,848
Income tax expense (11,549 ) (11,460 ) (122 ) (42,777 ) (40,767 ) (434 )
Profit for the period 35,881 35,216 375 132,180 132,655 1,414
Profit attributable to:
Equity holders of the Company 35,696 35,018 373 131,354 131,974 1,407
Non-controlling interests 185 198 2 826 681 7
Profit for the period 35,881 35,216 375 132,180 132,655 1,414
Earnings per equity share:
Attributable to equity holders of the Company
Basic 3.41 3.34 0.04 12.56 12.60 0.13
Diluted 3.39 3.33 0.04 12.52 12.56 0.13
Weighted average number of equity shares used in computing earnings per equity<br>share
Basic 10,462,328,534 10,479,105,556 10,479,105,556 10,456,741,552 10,476,247,846 10,476,247,846
Diluted 10,490,716,219 10,504,875,601 10,504,875,601 10,488,939,392 10,503,422,936 10,503,422,936

All values are in Indian Rupees.

^ Value is less than 0.5

9

Information on reportable segments for the three months ended March 31, 2026, December 31, 2025, March 31, 2025, year ended March 31, 2026, and March 31, 2025 are as follows:

Particulars Three months ended Year ended
March 31,<br>2026 December 31,<br>2025 March 31,<br>2025 March 31,<br>2026 March 31,<br>2025
Audited Audited Audited Audited Audited
Segment revenue
IT Services
Americas 1 79,844 77,809 73,721 305,571 281,824
Americas 2 67,288 67,708 68,582 269,077 271,972
Europe 65,412 62,405 58,552 244,165 240,077
APMEA 27,623 25,859 23,598 102,340 94,351
Total of IT Services 240,167 233,781 224,453 921,153 888,224
IT Products 2,521 2,565 813 6,940 2,692
Total segment revenue 242,688 236,346 225,266 928,093 890,916
Segment result
IT Services
Americas 1 16,058 16,409 16,195 62,896 58,186
Americas 2 12,181 14,450 15,513 53,138 61,326
Europe 10,092 8,003 8,140 31,083 29,434
APMEA 5,085 3,583 3,672 14,955 12,850
Unallocated (1,899 ) (1,259 ) (4,250 ) (3,426 ) (10,157 )
Total of IT Services 41,517 41,186 39,270 158,646 151,639
IT Products 211 227 28 559 (173 )
Reconciling Items 235 (5,678 ) (211 ) (7,954 ) (195 )
Total segment result 41,963 35,735 39,087 151,251 151,271
Finance expenses (3,701 ) (3,656 ) (3,767 ) (14,577 ) (14,770 )
Finance and other income 8,387 9,232 11,819 36,491 38,202
Share of net profit/ (loss) of associate and joint venture accounted for using the equity<br>method 27 28 291 257 254
Profit before tax 46,676 41,339 47,430 173,422 174,957

10

Additional Information:

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

IT Services: The IT Services segment primarily consists of IT services offerings to customers organized by four Strategic Market Units (“SMUs”) - Americas 1, Americas 2, Europe and Asia Pacific Middle East and Africa (“APMEA”). Americas 1 and Americas 2 are primarily organized by industry sector, while Europe and APMEA are organized by countries.

Americas 1 includes the entire business of Latin America (“LATAM”) and the following industry sectors in the United States of America: Communications, media and information services, Software and gaming, New age technology, Consumer goods, medical devices and life sciences, Healthcare, and Technology products and services.

Americas 2 includes the entire business in Canada and the following industry sectors in the United States of America: Banking and financial services, Energy, Manufacturing and resources, Capital markets and insurance, and Hi-tech.

Europe consists of the United Kingdom and Ireland, Switzerland, Germany, Northern Europe and Southern Europe.

APMEA consists of Australia and New Zealand, India, Middle East, South-East Asia, Japan and Africa.

Revenue from each customer is attributed to the respective SMUs based on the location of the customer’s primary buying center of such services. With respect to certain strategic global customers, revenue may be generated from multiple countries based on such customer’s buying centers, but the total revenue related to these strategic global customers are attributed to a single SMU based on the geographical location of key decision makers.

IT Products: The Company is a value-added reseller of security, packaged and SaaS software for leading international brands. In certain total outsourcing contracts of the IT Services segment, the Company delivers hardware, software products and other related deliverables. Revenue relating to these items is reported as revenue from the sale of IT Products.

11

Reconciliation of selected GAAP measures to Non-GAAP measures

1. Reconciliation of Non-GAAP Constant Currency IT Services Revenue to<br>IT Services Revenue as per IFRS ($Mn)
Three Months ended March 31, 2026
:---: --- --- ---
IT Services Revenue as per IFRS 2,651.0
Effect of Foreign currency exchange movement ( 9.6 )
Non-GAAP Constant Currency IT Services Revenue based on<br>previous quarter exchange rates 2,641.4

All values are in US Dollars.

Three Months ended March 31, 2026
IT Services Revenue as per IFRS 2,651.0
Effect of Foreign currency exchange movement ( 58.8 )
Non-GAAP Constant Currency IT Services Revenue based on<br>exchange rates of comparable period in previous year 2,592.2

All values are in US Dollars.

Year ended March 31, 2026
IT Services Revenue as per IFRS 10,478.1
Effect of Foreign currency exchange movement ( 132.9 )
Non-GAAP Constant Currency IT Services Revenue based on<br>previous year exchange rates 10,345.2

All values are in US Dollars.

2. Reconciliation of Free Cash Flow for three months and twelve months ended March 31, 2026
Amount in Mn
--- --- --- --- --- --- ---
Three months endedMarch 31, 2026 Twelve months<br>ended March 31,<br>2026
Net Income for the period [A] 35,216 132,655
Computation of Free Cash Flow
Net cash generated from operating activities [B] 31,731 149,316
Add/ (deduct) cash inflow/ (outflow)on:
Purchase of property, plant and equipment (4,821 ) (15,603 )
Proceeds from sale of property, plant and equipment 1 758
Free Cash Flow [C] 26,911 134,471
Operating Cash Flow as percentage of Net Income [B/A] 90.1 % 112.6 %
Free Cash Flow as percentage of Net Income [C/A] 76.4 % 101.4 %

All values are in Indian Rupees.

12

3. Reconciliation for Adjusted Net Income and Adjusted EPS
Amounts in Mn
--- --- --- --- --- --- ---
Particulars Three monthsendedMarch 31, 2026 Twelve months<br>ended<br>March 31, 2026
Net Income [A] 35,018 131,974
Add: Impact of gratuity expenses and remeasurement of leave encashment due to implementation of<br>new labour code [B] (272 ) 2,756
Less[C]: Tax on [B] 115 (475 )
Adjusted Net Income [D]: [A+B+C] 34,861 134,255
Adjusted EPS Basic<br>() 3.3 12.8

All values are in Indian Rupees.

13

EX-99.2

Exhibit 99.2

LOGO

LOGO

EX-99.3

Exhibit 99.3

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS UNDER IFRS

AS AT AND FOR THE THREE MONTHS AND YEAR ENDED MARCH 31, 2026

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

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

Notes As at March 31, 2025 As at March 31, 2026
Convenience translation into
U.S. Dollar in millions
(unaudited) Refer to Note 2(iii)
ASSETS
Goodwill 6 325,014 387,399 4,129
Intangible assets 6 27,450 29,176 311
Property, plant and equipment 4 80,684 81,787 872
Right-of-Use<br>assets 5 25,598 28,287 301
Financial assets
Derivative assets 18 ^ — —
Investments 8 26,458 28,053 299
Trade receivables 299 349 4
Unbilled receivables — 7,433 79
Other financial assets 11 4,664 6,259 67
Investments accounted for using the equity method 1,327 2,126 23
Deferred tax assets 2,561 5,242 56
Non-current tax assets 7,230 7,787 83
Other non-current assets 12 7,460 9,010 96
Total non-current assets 508,745 592,908 6,320
Inventories 9 694 517 6
Financial assets
Derivative assets 18 1,820 888 9
Investments 8 411,474 437,680 4,665
Cash and cash equivalents 10 121,974 105,555 1,125
Trade receivables 117,745 135,901 1,448
Unbilled receivables 64,280 76,823 819
Other financial assets 11 8,448 10,245 109
Contract assets 15,795 14,819 158
Current tax assets 6,417 10,762 115
Other current assets 12 29,128 33,164 353
Total current assets 777,775 826,354 8,807
TOTAL ASSETS 1,286,520 1,419,262 15,127
EQUITY
Share capital 20,944 20,977 224
Share premium 2,628 6,158 66
Retained earnings 716,477 735,057 7,834
Share-based payment reserve 6,985 7,920 84
Special Economic Zone Re-investment reserve 27,778 25,966 277
Other components of equity 53,497 89,290 952
Equity attributable to the equity holders of the Company 828,309 885,368 9,437
Non-controlling interests 2,138 2,509 27
TOTAL EQUITY 830,447 887,877 9,464
LIABILITIES
Financial liabilities
Loans and borrowings 13 63,954 1,962 21
Lease liabilities 22,193 26,327 281
Accrued expenses 14 — 4,394 47
Other financial liabilities 15 7,793 6,743 72
Deferred tax liabilities 16,443 17,266 184
Non-current tax liabilities 42,024 48,195 514
Other non-current liabilities 16 17,119 23,042 246
Provisions 17 294 224 2
Total non-current liabilities 169,820 128,153 1,367
Financial liabilities
Loans, borrowings and bank overdrafts 13 97,863 165,912 1,768
Lease liabilities 8,025 8,709 92
Derivative liabilities 18 968 10,978 117
Trade payables and accrued expenses 14 88,252 94,924 1,012
Other financial liabilities 15 3,878 11,357 120
Contract liabilities 20,063 25,434 271
Current tax liabilities 34,481 49,621 529
Other current liabilities 16 31,086 34,801 371
Provisions 17 1,637 1,496 16
Total current liabilities 286,253 403,232 4,296
TOTAL LIABILITIES 456,073 531,385 5,663
TOTAL EQUITY AND LIABILITIES 1,286,520 1,419,262 15,127
^ Value is less than 0.5
:--- :---
The accompanying notes form an integral part of these interim condensed consolidated financial statements
--- --- --- --- --- --- ---
As per our report of even date attached For and on behalf of the Board of Directors
for Deloitte Haskins & Sells LLP Rishad A. Premji Deepak M. Satwalekar Srinivas Pallia
Chartered Accountants Chairman Director Chief Executive Officer and
Firm’s Registration No: 117366W/W - 100018 (DIN: 02983899) (DIN: 00009627) Managing Director
(DIN: 10574442)
Anand Subramanian Aparna C. Iyer M. Sanaulla Khan
Partner Chief Financial Officer Company Secretary
Membership No.: 110815 Membership No.: F4129
Bengaluru
April 16, 2026

1

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF INCOME

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

Three months ended March 31, Year ended March 31,
Notes 2025 2026 2026 2025 2026 2026
Convenience<br>translation into<br>US dollar in<br>millions<br>(unaudited)<br>Refer to Note<br>2(iii) Convenience<br>translation into<br>U.S. Dollar in<br>millions<br>(unaudited)<br>Refer to Note<br>2(iii)
Revenues 21 225,042 242,363 2,583 890,884 926,240 9,871
Cost of revenues 22 (155,525 ) (171,914 ) (1,832 ) (617,802 ) (656,192 ) (6,993 )
Gross profit 69,517 70,449 751 273,082 270,048 2,878
Selling and marketing expenses 22 (15,065 ) (14,003 ) (149 ) (64,378 ) (59,216 ) (631 )
General and administrative expenses 22 (15,589 ) (14,808 ) (158 ) (57,465 ) (61,434 ) (655 )
Foreign exchange gains/(losses), net 24 224 325 3 32 1,853 20
Results from operating activities 39,087 41,963 447 151,271 151,251 1,612
Finance expenses 23 (3,767 ) (3,701 ) (39 ) (14,770 ) (14,577 ) (156 )
Finance and other income 24 11,819 8,387 89 38,202 36,491 389
Share of net profit/ (loss) of associate and joint venture accounted for using the equity<br>method 291 27 ^ 254 257 3
Profit before tax 47,430 46,676 497 174,957 173,422 1,848
Income tax expense 20 (11,549 ) (11,460 ) (122 ) (42,777 ) (40,767 ) (434 )
Profit for the period 35,881 35,216 375 132,180 132,655 1,414
Profit attributable to:
Equity holders of the Company 35,696 35,018 373 131,354 131,974 1,407
Non-controlling interests 185 198 2 826 681 7
Profit for the period 35,881 35,216 375 132,180 132,655 1,414
Earnings per equity share: 25
Attributable to equity holders of the Company
Basic 3.41 3.34 0.04 12.56 12.60 0.13
Diluted 3.39 3.33 0.04 12.52 12.56 0.13
Weighted average number of equity shares used in computing earnings per equity<br>share
Basic 10,462,328,534 10,479,105,556 10,479,105,556 10,456,741,552 10,476,247,846 10,476,247,846
Diluted 10,490,716,219 10,504,875,601 10,504,875,601 10,488,939,392 10,503,422,936 10,503,422,936

^ Value is less than 0.5

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 Deepak M. Satwalekar Srinivas Pallia
--- --- --- --- --- --- ---
Chartered Accountants<br><br>Firm’s Registration<br>No: 117366W/W - 100018 Chairman<br><br>(DIN: 02983899) Director<br><br>(DIN: 00009627) Chief Executive Officer and<br><br>Managing<br>Director<br><br>(DIN: 10574442)
Anand Subramanian Aparna C. Iyer M. Sanaulla Khan
Partner Chief Financial Officer Company Secretary
Membership No.: 110815 Membership No.: F4129
Bengaluru
April 16, 2026

2

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

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

Three months ended March 31, Year ended March 31,
2025 2026 2026 2025 2026 2026
Convenience<br>translation into<br>US dollar in<br>millions<br>(unaudited) Refer<br>to Note 2(iii) Convenience<br>translation into<br>U.S. Dollar in<br>millions<br>(unaudited) Refer<br>to Note 2(iii)
Profit for the period 35,881 35,216 375 132,180 132,655 1,414
Other comprehensive income (OCI)
Items that will not be reclassified to profit or loss in subsequent periods
Remeasurements of the defined benefit plans, net 124 363 4 274 132 1
Net change in fair value of investment in equity instruments measured at fair value through<br>OCI (2,943 ) (963 ) (10 ) (3,476 ) (1,448 ) (15 )
(2,819 ) (600 ) (6 ) (3,202 ) (1,316 ) (14 )
Items that will be reclassified to profit or loss in subsequent periods
Foreign currency translation differences 1,762 21,655 231 7,331 46,643 497
Reclassification of foreign currency translation differences on liquidation of subsidiaries to<br>statement of income (55 ) — — (41 ) — —
Net change in time value of option contracts designated as cash flow hedges, net of taxes (94 ) 132 1 (189 ) 55 1
Net change in intrinsic value of option contracts designated as cash flow hedges, net of<br>taxes 335 (719 ) (8 ) 146 (1,234 ) (13 )
Net change in fair value of forward contracts designated as cash flow hedges, net of<br>taxes 810 (3,682 ) (39 ) (745 ) (6,015 ) (64 )
Net change in fair value of investment in debt instruments measured at fair value through OCI, net<br>of taxes 352 (1,622 ) (17 ) 963 (2,094 ) (23 )
3,110 15,764 168 7,465 37,355 398
Total other comprehensive income, net of taxes 291 15,164 162 4,263 36,039 384
Total comprehensive income for the period 36,172 50,380 537 136,443 168,694 1,798
Total comprehensive income attributable to:
Equity holders of the Company 36,005 50,037 533 135,595 167,767 1,788
Non-controlling interests 167 343 4 848 927 10
36,172 50,380 537 136,443 168,694 1,798
The accompanying notes form an integral part of<br>these interim condensed consolidated financial statements
--- --- ---
As per our report of even date attached For and on behalf of the Board of Directors
for Deloitte Haskins & Sells LLP Rishad A. Premji Deepak M. Satwalekar Srinivas Pallia
--- --- --- --- --- --- ---
Chartered Accountants Chairman Director Chief Executive Officer and
Firm’s Registration No: 117366W/W - 100018 (DIN: 02983899) (DIN: 00009627) Managing Director<br><br>(DIN:<br>10574442)
Anand Subramanian Aparna C. Iyer M. Sanaulla Khan
Partner Chief Financial Officer Company Secretary
Membership No.: 110815 Membership No.: F4129
Bengaluru
April 16, 2026

3

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

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

Other components of equity
Particulars Number of<br>shares ^(1)^ Share<br>capital, fully<br>paid-up Share<br>premium Retained<br>earnings Share-<br>based<br>payment<br>reserve Special<br>Economic<br>Zone Re-<br>investment<br>reserve Foreign<br>currency<br>translation<br>reserve ^(2)^ Cash flow<br>hedging<br>reserve ^(3)^ Other<br>reserves ^(2)^ Equity<br>attributable to<br>the equity<br>holders of the<br>Company Non-<br>controlling<br>interests Total<br>equity
As at April 1, 2024 5,225,138,246 10,450 3,291 630,936 6,384 42,129 47,261 578 8,854 749,883 1,340 751,223
Comprehensive income for the year
Profit for the year — — — 131,354 — — — — — 131,354 826 132,180
Other comprehensive income — — — — — — 7,253 (788 ) (2,224 ) 4,241 22 4,263
Total comprehensive income for the year — — — 131,354 — — 7,253 (788 ) (2,224 ) 135,595 848 136,443
Issue of equity shares on exercise of options 13,628,596 27 4,950 — (4,950 ) — — — — 27 — 27
Bonus issue of equity shares ^(4)^ 5,233,369,207 10,467 (5,613 ) (3,193 ) — — — — (1,661 ) — — —
Dividend — — — (62,750 ) — — — — — (62,750 ) — (62,750 )
Transfer from Other components of equity<br>^(2)^ — — — 5,754 — — — — (5,754 ) — — —
Transfer of shares pertaining to Non-controlling<br>interests of subsidiary — — — 25 — — (14 ) — (8 ) 3 (3 ) —
Compensation cost related to employee share-based payment — — — — 5,551 — — — — 5,551 — 5,551
Transferred from Special Economic Zone Re-investment<br>reserve — — — 14,351 — (14,351 ) — — — — — —
Others — — — — — — — — — — (47 ) (47 )
Other transactions for the year 5,246,997,803 10,494 (663 ) (45,813 ) 601 (14,351 ) (14 ) — (7,423 ) (57,169 ) (50 ) (57,219 )
As at March 31, 2025 10,472,136,049 20,944 2,628 716,477 6,985 27,778 54,500 (210 ) (793 ) 828,309 2,138 830,447
^(1)^ Includes 11,905,480 treasury shares held as at March 31, 2025 by a controlled trust.
:--- :---
^(2)^ Refer to Note 19
:--- :---
^(3)^ Refer to Note 18
:--- :---
^(4)^ Refer to Note 30
:--- :---

4

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

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

Other components of equity
Particulars Number of shares ^(1)^ Share capital,<br>fully paid-up Share<br>premium Retained<br>earnings Share-<br>based<br>payment<br>reserve Special<br>Economic<br>Zone Re-<br>investment<br>reserve Foreign<br>currency<br>translation<br>reserve ^(2)^ Cash flow<br>hedging<br>reserve ^(3)^ Other<br>reserves ^(2)^ Equity<br>attributable to<br>the equity<br>holders of the<br>Company Non-<br>controlling<br>interests Total equity
As at April 1, 2025 10,472,136,049 20,944 2,628 716,477 6,985 27,778 54,500 (210 ) (793 ) 828,309 2,138 830,447
Comprehensive income for the year
Profit for the year — — — 131,974 — — — — — 131,974 681 132,655
Other comprehensive income — — — — — — 46,377 (7,194 ) (3,390 ) 35,793 246 36,039
Total comprehensive income for the year — — — 131,974 — — 46,377 (7,194 ) (3,390 ) 167,767 927 168,694
Issue of equity shares on exercise of options 16,276,409 33 3,530 — (3,530 ) — — — — 33 — 33
Dividend ^(4)^ — — — (115,206 ) — — — — — (115,206 ) (569 ) (115,775 )
Compensation cost related to employee share-based payment — — — — 4,465 — — — — 4,465 — 4,465
Transferred from Special Economic Zone Re-investment<br>reserve — — — 1,812 — (1,812 ) — — — — — —
Others — — — — — — (5 ) 5 — — 13 13
Other transactions for the year 16,276,409 33 3,530 (113,394 ) 935 (1,812 ) (5 ) 5 — (110,708 ) (556 ) (111,264 )
As at March 31, 2026 10,488,412,458 20,977 6,158 735,057 7,920 25,966 100,872 (7,399 ) (4,183 ) 885,368 2,509 887,877
Convenience translation into U.S. Dollar in millions (unaudited) Refer to Note<br>2(iii) 224 66 7,834 84 277 1,075 (79 ) (44 ) 9,437 27 9,464
^(1)^ Includes 11,905,480 treasury shares held as at March 31, 2026 by a controlled trust.
:--- :---
^(2)^ Refer to Note 19
:--- :---
^(3)^ Refer to Note 18
:--- :---
^(4)^ Refer to Note 32
:--- :---
The accompanying notes form an integral part of these interim condensed consolidated financial statements
--- --- ---
As per our report of even date attached For and on behalf of the Board of Directors
for Deloitte Haskins & Sells LLP Rishad A. Premji Deepak M. Satwalekar Srinivas Pallia
--- --- --- --- --- --- ---
Chartered Accountants Chairman Director Chief Executive Officer and
Firm’s Registration No: 117366W/W - 100018 (DIN: 02983899) (DIN: 00009627) Managing Director<br><br>(DIN:<br>10574442)
Anand Subramanian Aparna C. Iyer M. Sanaulla Khan
Partner Chief Financial Officer Company Secretary
Membership No.: 110815 Membership No.: F4129
Bengaluru
April 16, 2026

5

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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

Year ended March 31,
2025 2026 2026
Convenience translation<br>into U.S. Dollar in<br>millions (unaudited)<br>Refer to Note 2(iii)
Cash flows from operating activities
Profit for the year 132,180 132,655 1,414
Adjustments to reconcile profit for the year to net cash generated from operating<br>activities:
Gain on sale of property, plant and equipment, net (606 ) (393 ) (4 )
Depreciation, amortization and impairment expense 29,579 29,107 310
Unrealized exchange (gain)/loss, net (623 ) 2,168 23
Share-based compensation expense 5,551 4,465 48
Share of net (profit)/loss of associate and joint venture accounted for using equity<br>method (254 ) (257 ) (3 )
Income tax expense 42,777 40,767 434
Finance and other income, net of finance expenses (23,432 ) (21,914 ) (234 )
Change in fair value of contingent consideration (169 ) 49 1
Lifetime expected credit loss 324 2,838 30
Changes in operating assets and liabilities, net of effects from acquisitions
(Increase)/Decrease in trade receivables 1,894 (11,442 ) (122 )
(Increase)/Decrease in unbilled receivables and contract assets (1,331 ) (14,498 ) (154 )
(Increase)/Decrease in Inventories 213 184 2
(Increase)/Decrease in other financial assets and other assets 6,609 (205 ) (2 )
Increase/(Decrease) in trade payables, accrued expenses, other financial liabilities, other<br>liabilities and provisions 548 8,482 90
Increase/(Decrease) in contract liabilities 2,341 3,555 38
Cash generated from operating activities before taxes 195,601 175,561 1,871
Income taxes paid, net (26,175 ) (26,245 ) (280 )
Net cash generated from operating activities 169,426 149,316 1,591
Cash flows from investing activities:
Payment for purchase of property, plant and equipment (14,737 ) (15,603 ) (166 )
Proceeds from disposal of property, plant and equipment 1,822 758 8
Investment in associate — (352 ) (4 )
Payment for purchase of investments (801,582 ) (837,806 ) (8,929 )
Proceeds from sale of investments 706,520 816,732 8,704
Payment for business acquisitions including deposits and escrow, net of cash acquired (964 ) (26,033 ) (277 )
Repayment of security deposit for property, plant and equipment (300 ) — —
Interest received 26,212 28,878 308
Dividend received 2,299 3 ^
Net cash generated from/(used in) investing activities (80,730 ) (33,423 ) (356 )
Cash flows from financing activities:
Proceeds from issuance of equity shares and shares pending allotment 27 33 ^
Repayment of loans and borrowings (177,672 ) (259,841 ) (2,769 )
Proceeds from loans and borrowings 195,595 253,089 2,697
Payment of lease liabilities (10,474 ) (11,561 ) (123 )
Payment for contingent consideration — (648 ) (7 )
Payment of deferred consideration on business combination — (221 ) (2 )
Interest and finance expenses paid (8,689 ) (6,336 ) (67 )
Payment of dividend (62,750 ) (115,206 ) (1,228 )
Payment of dividend to Non-controlling interest<br>holders — (569 ) (6 )
Net cash generated from/(used) in financing activities (63,963 ) (141,260 ) (1,505 )
Net increase in cash and cash equivalents during the year 24,733 (25,367 ) (270 )
Effect of exchange rate changes on cash and cash equivalents 290 8,948 95
Cash and cash equivalents at the beginning of the year 96,951 121,974 1,300
Cash and cash equivalents at the end of the year (Refer to Note 10) 121,974 105,555 1,125

^ Value is less than 0.5

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

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

6

WIPRO LIMITED AND SUBSIDIARIES

NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

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

1. The Company overview

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

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

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

2. Basis of preparation of interim condensed consolidated financial statements

(i) Statement of compliance and basis of preparation

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

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

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

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

(ii) Basis of measurement

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

a. Derivative financial instruments;
b. Financial instruments classified as fair value through other comprehensive income or fair value through profit<br>or loss;
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c. The defined benefit liability/(asset) is recognized as the present value of defined benefit obligation less<br>fair value of plan assets; and
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d. Contingent consideration and liability on written put options.
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(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 months and year ended March 31, 2026, have been translated into United States Dollars at the certified foreign exchange rate of U.S.$1 = ₹ 93.83 as published by Federal Reserve Board of Governors on March 31, 2026. No representation is made that the Indian Rupee amounts have been, could have been or could be converted into United States Dollars at such a rate or any other rate. Due to rounding off, the translated numbers presented throughout the document may not add up precisely to the totals.

(iv) Use of estimates and judgment

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

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

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

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

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

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

3. Material accounting policy information

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

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

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

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

ii. New amendments not yet adopted:

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

IFRS 18 – Presentation and Disclosure in Financial Statements

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

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

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

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

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

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

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

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

4. Property, plant and equipment

Land Buildings Plant andequipments (1) Furnitureand fixtures Officeequipments Vehicles Total
Gross carrying value:
As at April 1, 2024 4,375 47,024 102,513 18,233 7,514 34 179,693
Additions — 6,215 10,623 3,143 943 10 20,934
Additions through Business combinations — — 9 — — — 9
Disposals (6 ) (680 ) (13,668 ) (1,803 ) (793 ) (9 ) (16,959 )
Translation adjustment 4 (3 ) 77 3 (1 ) (1 ) 79
As at March 31, 2025 4,373 52,556 99,554 19,576 7,663 34 183,756
Accumulated depreciation/ impairment:
As at April 1, 2024 — 11,775 75,549 12,287 5,932 22 105,565
Depreciation and impairment — 1,662 11,050 2,229 623 4 15,568
Disposals — (410 ) (13,189 ) (1,526 ) (730 ) (8 ) (15,863 )
Translation adjustment — (30 ) 49 (1 ) (4 ) (1 ) 13
As at March 31, 2025 — 12,997 73,459 12,989 5,821 17 105,283
Net carrying value as at March 31, 2025 4,373 39,559 26,095 6,587 1,842 17 78,473
Capital work-in-progress 2,211
Net carrying value including Capital work-in-progress as at March 31,<br>2025 80,684
Gross carrying value:
As at April 1, 2025 4,373 52,556 99,554 19,576 7,663 34 183,756
Additions — 923 9,253 1,795 737 3 12,711
Additions through Business combination (Refer to Note 7) — 131 109 22 99 1 362
Disposals — (821 ) (14,979 ) (1,449 ) (720 ) (2 ) (17,971 )
Translation adjustment 31 440 3,182 270 147 1 4,071
As at March 31, 2026 4,404 53,229 97,119 20,214 7,926 37 182,929
Accumulated depreciation/ impairment:
As at April 1, 2025 — 12,997 73,459 12,989 5,821 17 105,283
Depreciation and impairment — 1,848 9,669 2,387 686 5 14,595
Disposals — (695 ) (14,730 ) (1,245 ) (697 ) (1 ) (17,368 )
Translation adjustment — 211 2,670 197 116 1 3,195
As at March 31, 2026 — 14,361 71,068 14,328 5,926 22 105,705
Net carrying value as at March 31, 2026 4,404 38,868 26,051 5,886 2,000 15 77,224
Capital work-in-progress ^(2)^ 4,563
Net carrying value including Capital work-in-progress as at March 31,<br>2026 81,787

All values are in Indian Rupees.

^(1)^ Including net carrying value of computer equipment and software amounting to ₹ 16,003 and ₹ 16,719 as at March 31, 2025 and March 31, 2026, respectively.
^(2)^ Including capital advance of<br>₹ 15 and Capital work-in-progress of ₹ 6 on account of additions through<br>business combination. (Refer to Note 7)
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5. Right-of-Use assets

Category of Right-of-Use assets
Land Buildings Plant andequipments Vehicles Total
Gross carrying value:
As at April 1, 2024 1,343 28,453 2,242 849 32,887
Additions — 10,822 3,735 228 14,785
Disposals (221 ) (4,389 ) (632 ) (354 ) (5,596 )
Translation adjustment — 152 100 17 269
As at March 31, 2025 1,122 35,038 5,445 740 42,345
Accumulated depreciation:
As at April 1, 2024 98 13,237 1,086 511 14,932
Depreciation 21 5,362 539 180 6,102
Disposals (13 ) (3,776 ) (303 ) (319 ) (4,411 )
Translation adjustment — 81 34 9 124
As at March 31, 2025 106 14,904 1,356 381 16,747
Net carrying value as at March 31, 2025 1,016 20,134 4,089 359 25,598
Gross carrying value:
As at April 1, 2025 1,122 35,038 5,445 740 42,345
Additions — 7,697 — 233 7,930
Additions through Business combination (Refer to Note 7) — 1,062 — — 1,062
Disposals — (5,385 ) (959 ) (204 ) (6,548 )
Translation adjustment — 2,062 593 135 2,790
As at March 31, 2026 1,122 40,474 5,079 904 47,579
Accumulated depreciation:
As at April 1, 2025 106 14,904 1,356 381 16,747
Depreciation 19 5,611 875 220 6,725
Disposals — (4,421 ) (936 ) (156 ) (5,513 )
Translation adjustment — 1,054 207 72 1,333
As at March 31, 2026 125 17,148 1,502 517 19,292
Net carrying value as at March 31, 2026 997 23,326 3,577 387 28,287

All values are in Indian Rupees.

6. Goodwill and intangible assets

The movement in goodwill balance is given below:

As at
March 31, 2025 March 31, 2026
Balance at the beginning of the year 316,002 325,014
Acquisition through Business combinations (Refer to Note 7) 1,324 24,772
Translation adjustment 7,688 37,613
Balance at the end of the year 325,014 387,399

All values are in Indian Rupees.

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The movement in intangible assets is given below:

Intangible assets
Customer-related Marketing-related Total
Gross carrying value:
As at April 1, 2024 43,672 11,972 55,644
Acquisition through Business combination 1,896 — 1,896
Deductions/adjustments (4,101 ) (2,518 ) (6,619 )
Translation adjustment 994 268 1,262
As at March 31, 2025 42,461 9,722 52,183
Accumulated amortization/ impairment:
As at April 1, 2024 18,281 4,615 22,896
Amortization and impairment ^(1)^ 6,327 1,582 7,909
Deductions/adjustments (4,101 ) (2,518 ) (6,619 )
Translation adjustment 443 104 547
As at March 31, 2025 20,950 3,783 24,733
Net carrying value as at March 31, 2025 21,511 5,939 27,450
Gross carrying value:
As at April 1, 2025 42,461 9,722 52,183
Acquisition through Business combination (Refer to Note 7) 5,644 1,109 6,753
Deductions/adjustments (4,420 ) — (4,420 )
Translation adjustment 4,387 1,122 5,509
As at March 31, 2026 48,072 11,953 60,025
Accumulated amortization/ impairment:
As at April 1, 2025 20,950 3,783 24,733
Amortization and impairment ^(1)^ 6,599 1,188 7,787
Deductions/adjustments (4,420 ) — (4,420 )
Translation adjustment 2,252 497 2,749
As at March 31, 2026 25,381 5,468 30,849
Net carrying value as at March 31, 2026 22,691 6,485 29,176

All values are in Indian Rupees.

(1) During the year ended March 31, 2025 and 2026, decline in the revenue and earnings estimates led to revision of<br>recoverable value of customer-relationship intangible assets and marketing related intangible assets recognized on business combinations. Consequently, the Company has recognized impairment charge of ₹ 1,155 and ₹ 851 for the year ended March 31, 2025 and 2026 respectively, as part of amortization and<br>impairment.

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

7. Business combinations

a) During the year ended March 31, 2026, the Company has completed a business combination by acquiring 100% equity<br>interest in Digital Transformation Solutions (DTS) business unit of HARMAN, a Samsung company, a global provider of Engineering, Research & Development (ER&D) services and Information Technology (IT) services. The acquisition was<br>consummated on December 1, 2025, for total cash consideration of ₹ 34,044.
Description Harman
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Net assets 2,996
Fair value of property, plant and equipment 383
Fair value of right-of-use assets 1,062
Fair value of customer-related intangibles 5,644
Fair value of marketing-related intangibles 1,109
Deferred tax liabilities on intangible assets (1,915 )
Total identifiable assets 9,279
Goodwill 24,765
Total purchase price 34,044
Net Assets include:
Cash and cash equivalents 8,011
Fair value of acquired trade receivables included in net assets 3,066
Gross contractual amount of acquired trade receivables 3,225
Less: Allowance for lifetime expected credit loss (159 )
Transaction costs included in general and administrative expenses 230

All values are in Indian Rupees.

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

The goodwill of ₹ 24,765 comprises value of acquired workforce and expected synergies arising from the business combinations. Goodwill is allocated to IT Services segment and is not deductible for income tax purposes.

The pro-forma effects of acquisition of Harman for the three months and year ended March 31, 2026, on the Company’s results were not material.

b) The Applied Value Technologies, Inc., Applied Value Technologies B.V. and Applied Value Technologies Pte<br>Limited (“AVT”) was consummated on December 16, 2024. During the year ended March 31, 2026, the Company finalized purchase price allocation, with no material impact on goodwill.

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8. Investments

As at
March 31, 2025 March 31, 2026
Non-current
Financial instruments at FVTPL
Equity instruments ^(1)^ 4,955 7,336
Fixed maturity plan mutual funds 1,203 —
Financial instruments at FVTOCI
Equity instruments ^(1)^ 12,493 12,143
Financial instruments at amortized cost
Inter corporate and term deposits<br>^(3)^ 7,807 8,574
26,458 28,053
Current
Financial instruments at FVTPL
Short-term mutual funds ^(2)^ 88,776 79,719
Fixed maturity plan mutual funds 300 1,281
Financial instruments at FVTOCI
Non-convertible debentures 219,389 210,328
Government securities 10,651 8,948
Commercial papers 2,858 14,227
Bonds 21,138 10,385
Financial instruments at amortized cost
Inter corporate and term deposits<br>^(3)^ 68,362 112,792
411,474 437,680
Total 437,932 465,733
Financial instruments at FVTPL 95,234 88,336
Financial instruments at FVTOCI 266,529 256,031
Financial instruments at amortized cost 76,169 121,366

All values are in Indian Rupees.

^(1)^ Uncalled capital commitments outstanding as at March 31, 2025 and March 31, 2026, was ₹ 1,576 and ₹ 2,577, respectively.
^(2)^ As at March 31, 2025 and March 31, 2026, short-term mutual funds include units lien with bank on account of<br>margin money for currency derivatives amounting to ₹ 233 and ₹ Nil,<br>respectively.
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^(3)^ These deposits earn a fixed rate of interest. As at March 31, 2025 and March 31, 2026, term deposits include<br>deposits in lien with banks, held as margin money deposits against guarantees amounting to ₹ 953 and<br>₹ 961, respectively.
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9. Inventories

As at
March 31, 2025 March 31, 2026
Stores and spare parts 9 3
Traded goods 685 514
694 517

All values are in Indian Rupees.

10. Cash and cash equivalents

As at
March 31, 2025 March 31, 2026
Cash and bank balances 74,456 96,145
Demand deposits with banks ^(1)^ 47,518 9,410
121,974 105,555

All values are in Indian Rupees.

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

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

As at
March 31, 2025 March 31, 2026
Cash and cash equivalents 121,974 105,555
Bank overdrafts ^ —
121,974 105,555

All values are in Indian Rupees.

^ Value is less than 0.5

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11. Other financial assets

As at
March 31, 2025 March 31, 2026
Non-current
Finance lease receivables 3,090 3,922
Security deposits 1,318 1,812
Advance to customers 225 509
Dues from officers and employees 30 16
Other receivables 1 ^
4,664 6,259
Current
Finance lease receivables 5,144 4,189
Security deposits 1,827 2,235
Receivables from redemption of mutual funds — 800
Interest receivables 596 357
Claims receivables 195 384
Dues from officers and employees 505 435
Advance to customers 70 494
Other receivables 111 1,351
8,448 10,245
13,112 16,504

All values are in Indian Rupees.

^ Value is less than 0.5

12. Other assets

As at
March 31, 2025 March 31, 2026
Non-current
Prepaid expenses 2,657 4,356
Interest receivable from statutory authorities 1,148 1,062
Deferred contract cost
Costs to obtain contracts ^(1)^ 3,277 2,592
Costs to fulfil contracts ^(2)^ 378 1,000
7,460 9,010
Current
Prepaid expenses 16,917 18,929
Balance with GST and other authorities 6,760 7,969
Advance to suppliers 2,323 2,369
Withholding taxes 542 975
Dues from officers and employees 453 415
Defined benefit plan asset, net 472 204
Deferred contract cost
Costs to obtain contracts ^(1)^ 1,407 1,903
Costs to fulfil contracts ^(2)^ 131 151
Other receivables 123 249
29,128 33,164
36,588 42,174

All values are in Indian Rupees.

^(1)^ Costs to obtain contracts amortization of<br>₹ 356 and ₹ 706 during the three months ended March 31, 2025 and 2026<br>respectively, ₹ 1,333 and ₹ 2,558 during the year ended March 31, 2025<br>and 2026 respectively.
^(2)^ Costs to fulfil contracts amortization of<br>₹ 31 and ₹ 33 during the three months ended March 31, 2025 and 2026<br>respectively, ₹ 83 and ₹ 150 during the year ended March 31, 2025 and<br>2026 respectively.
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13. Loans, borrowings and bank overdrafts

As at
March 31, 2025 March 31, 2026
Non-current
Unsecured Notes 2026 ^(1)^ 63,954 —
Loans from institutions other than banks — 1,962
63,954 1,962
Current
Unsecured Notes 2026 ^(1)^ — 71,052
Borrowings from banks 97,863 94,860
Bank overdrafts ^ —
97,863 165,912
161,817 167,874

All values are in Indian Rupees.

^ Value is less than 0.5
^(1)^ On June 23, 2021, Wipro IT Services LLC, a wholly owned step-down subsidiary of Wipro Limited, issued<br>U.S.$ 750 million in unsecured notes 2026 (the “Notes”). The Notes bear interest at a rate of 1.50% per annum and will mature on June 23, 2026. Interest on the Notes is payable semi-annually on June 23 and December 23 of<br>each year, commencing from December 23, 2021. The Notes are listed on Singapore Exchange Securities Trading Limited (SGX-ST).
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14. Trade payables and accrued expenses

As at
March 31, 2025 March 31, 2026
Non-current
Accrued expenses — 4,394
— 4,394
Current
Trade payables 21,985 22,258
Accrued expenses 66,267 72,666
88,252 94,924
88,252 99,318

All values are in Indian Rupees.

15. Other financial liabilities

As at
March 31, 2025 March 31, 2026
Non-current
Liability on written put options to non-controlling interests (Refer to Note 18) 4,945 3,071
Contingent consideration (Refer to Note 18) 1,307 1,178
Liabilities towards customer contracts 1,026 719
Long-term incentive payable 387 376
Deferred consideration for Business combination 61 34
Rent deposit 26 12
Other liabilities ^(1)^ 41 1,353
7,793 6,743
Current
Liability on written put options to non-controlling interests (Refer to Note 18) — 2,628
Liabilities towards customer contracts 342 721
Capital creditors 1,255 689
Advance from customers 167 329
Rent deposit 475 477
Contingent consideration (Refer to Note 18) 557 456
Interest accrued on loans and borrowings 489 541
Deferred consideration for Business combination 295 118
Unclaimed dividend 64 177
Other liabilities ^(2)^ 234 5,221
3,878 11,357
11,671 18,100

All values are in Indian Rupees.

^(1)^ Includes payable to selling shareholders
^(2)^ Includes liability on non-designated hedges
:--- :---

16. Other liabilities

As at
March 31, 2025 March 31, 2026
Non-current
Statutory and other liabilities 12,757 17,877
Employee benefits obligations 4,362 5,165
17,119 23,042
Current
Employee benefits obligations 16,001 17,967
Statutory and other liabilities 14,295 16,012
Advance from customers 790 822
31,086 34,801
48,205 57,843

All values are in Indian Rupees.

15

17. Provisions

As at
March 31, 2025 March 31, 2026
Non-current
Provision for onerous contracts 294 224
294 224
Current
Provision for onerous contracts 1,288 1,184
Provision for warranty 207 214
Others 142 98
1,637 1,496
1,931 1,720

All values are in Indian Rupees.

18. Financial instruments

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

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

All values are in Indian Rupees.

16

The carrying value of financial instruments by categories as at March 31, 2026 is as follows:

Fair valuethrough profitor loss Fair value through othercomprehensive income Amortizedcost Total
Mandatory Designatedupon initialrecognition
Financial Assets:
Cash and cash equivalents (Refer to Note 10) — — — 105,555 105,555
Investments (Refer to Note 8)
Equity Instruments 7,336 — 12,143 — 19,479
Fixed maturity plan mutual funds 1,281 — — — 1,281
Short-term mutual funds 79,719 — — — 79,719
Non-convertible debentures — 210,328 — — 210,328
Government securities — 8,948 — — 8,948
Commercial papers — 14,227 — — 14,227
Bonds — 10,385 — — 10,385
Inter corporate and term deposits — — — 121,366 121,366
Other financial assets
Trade receivables — — — 136,250 136,250
Unbilled receivables — — — 84,256 84,256
Other financial assets (Refer to Note 11) — — — 16,504 16,504
Derivative assets (Refer to Note 18) 295 — 593 — 888
88,631 243,888 12,736 463,931 809,186
Financial Liabilities:
Trade payables and other financial liabilities
Trade payables and accrued expenses (Refer to Note 14) — — — 99,318 99,318
Other financial liabilities (Refer to Note 15) 1,634 — — 16,466 18,100
Loans, borrowings and bank overdrafts (Refer to Note 13) — — — 167,874 167,874
Lease liabilities — — — 35,036 35,036
Derivative liabilities (Refer to Note 18) 1,453 — 9,525 — 10,978
3,087 — 9,525 318,694 331,306

All values are in Indian Rupees.

Fair value

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

The fair value of cash and cash equivalents, trade receivables, unbilled receivables, short-term loans, borrowings and bank overdrafts, lease liabilities, trade payables and accrued expenses, other current financial assets and liabilities approximate their carrying amount largely due to the short-term nature of these instruments. Finance lease receivables are periodically evaluated based on individual credit worthiness of customers. Based on this evaluation, the Company records allowance for estimated credit losses on these receivables. As at March 31, 2025 and March 31, 2026, the carrying value of such financial assets, net of allowances, and liabilities, approximates the fair value.

The Company’s Unsecured Notes 2026 are contracted at fixed coupon rate of 1.50% and market yield on these loans as of March 31, 2026 was 4.48%.

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

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

Fair value hierarchy

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

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

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

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

There were no transfers between Level 1, 2 and 3 during the year ended March 31, 2025 and March 31, 2026.

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

As at
March 31, 2025 March 31, 2026
Fair value measurements at reporting date Fair value measurements at reporting date
Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3
Assets
Derivative instruments:
Cash flow hedges 715 — 715 — 593 — 593 —
Others 1,105 — 1,105 — 295 — 295 —
Investments:
Short-term mutual funds 88,776 88,776 — — 79,719 79,719 — —
Fixed maturity plan mutual funds 1,503 — 1,503 — 1,281 — 1,281 —
Equity instruments 17,448 57 — 17,391 19,479 36 — 19,443
Non-convertible debentures, government securities, commercial papers and bonds 254,036 10,550 243,486 — 243,888 8,854 235,034 —
Liabilities
Derivative instruments:
Cash flow hedges (893 ) — (893 ) — (9,525 ) — (9,525 ) —
Others (75 ) — (75 ) — (1,453 ) — (1,453 ) —
Liability on written put options to non-controlling interests (4,945 ) — — (4,945 ) (5,699 ) — — (5,699 )
Contingent consideration (1,864 ) — — (1,864 ) (1,634 ) — — (1,634 )

All values are in Indian Rupees.

17

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

Financial instrument Method and assumptions
Derivative instruments (assets and liabilities) The Company enters into derivative financial instruments with various counterparties, primarily banks with investment grade credit<br>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<br>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<br>rate curves and forward rate curves of the underlying. As at March 31, 2026, the changes in counterparty credit risk had no material effect on the hedge effectiveness assessment for derivatives designated in hedge relationships and other<br>financial instruments recognized at fair value.
Investment in non-convertible debentures, government securities,<br>commercial papers and bonds Fair value of these instruments is derived based on the indicative quotes of price and yields prevailing in the market as at reporting<br>date.
Investment in fixed maturity plan mutual funds Fair value of these instruments is derived based on the indicative quotes of price prevailing in the market as at reporting<br>date.

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

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

The following table presents changes in Level 3 assets and liabilities for the year ended March 31, 2025 and March 31, 2026:

As at
Investment in equity instruments March 31, 2025 March 31, 2026
Balance at the beginning of the year 20,126 17,391
Additions 1,925 2,038
Disposals ^(1)^ ^(2)^ (1,828 ) (1,199 )
Gain/(loss) recognized in consolidated statement of income 321 768
Gain/(loss) recognized in other comprehensive income (3,609 ) (1,431 )
Translation adjustment 456 1,876
Balance at the end of the year 17,391 19,443

All values are in Indian Rupees.

18

^(1)^ During the year ended March 31, 2025, as a result of an acquistion by another investors, the Company sold<br>its shares of equity instruments in six companies at a fair value of ₹ 1,281 and recognized a cumulative loss of ₹ 175 in other comprehensive income and cumulative gain of ₹ 152 in consolidated statement of income.
^(2)^ During the year ended March 31, 2026, as a result of an acquistion by another investors, the Company sold<br>its shares of equity instruments in three companies at a fair value of ₹ 585 and recognised a cumulative gain of ₹ 389 in other comprehensive income and cumulative loss of ₹ 138 in consolidated statement of income.
:--- :---
As at
--- --- --- --- --- --- ---
Contingent consideration March 31, 2025 March 31, 2026
Balance at the beginning of the year (429 ) (1,864 )
(Addition)/Reversals ^(1)^ 169 (49 )
Addition through Business combination (1,537 ) —
Payouts — 648
Finance expense recognized in consolidated statement of income (47 ) (195 )
Translation adjustment (20 ) (174 )
Balance at the end of the year (1,864 ) (1,634 )

All values are in Indian Rupees.

^(1)^ Towards change in fair value of earn-out liability as a result of<br>changes in estimates of revenue and earnings over the earn-out period.
As at
--- --- --- --- --- --- ---
Liability on written put options to non-controlling interests March 31, 2025 March 31, 2026
Balance at the beginning of the year (4,303 ) (4,945 )
Finance expense recognized in consolidated statement of income (530 ) (585 )
Changes in fair value of written put options — 385
Translation adjustment (112 ) (554 )
Balance at the end of the year (4,945 ) (5,699 )

All values are in Indian Rupees.

Derivative assets and liabilities

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

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

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

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

Year ended March 31,
2025 2026
Balance as at the beginning of the year 773 (275 )
Changes in fair value of effective portion of derivatives (1,185 ) (13,440 )
Deferred cancellation gain/(loss), net (91 ) (1,174 )
Net (gain)/loss reclassified to consolidated statement of income on occurrence of hedged<br>transactions ^(1)^ 203 5,163
Net (gain)/loss on ineffective portion of derivative instruments classified to consolidated<br>statement of income 25 —
Translation gain — 7
Gain/(loss) on cash flow hedging derivatives, net (1,048 ) (9,444 )
Balance as at the end of the year (275 ) (9,719 )
Deferred tax asset/(liability) thereon 65 2,320
Balance as at the end of the year, net of deferred taxes (210 ) (7,399 )

All values are in Indian Rupees.

^(1)^ Includes net (gain)/loss reclassified to revenue of<br>₹ 394 and ₹ 6,093 for the year ended March 31, 2025, and 2026,<br>respectively; net (gain)/loss reclassified to cost of revenues of ₹ (51) and<br>₹ (877) for the year ended March 31, 2025, and 2026, respectively; net (gain)/loss reclassified to finance expenses of ₹ (213) and ₹ (53) for the year ended March 31, 2025, and 2026, respectively and net (gain)/loss<br>reclassified to finance and other income of ₹ 73 and ₹ Nil for the year<br>ended March 31, 2025, and 2026, respectively.

19

The related hedge transactions for balance in cash flow hedging reserves as at March 31, 2026 are expected to occur and be reclassified to the statement of income over a period of 12 months.

As at March 31, 2025 and 2026, there were no material gains or losses on derivative transactions or portions thereof that have become ineffective as hedges or associated with an underlying exposure that did not occur.

19. Foreign currency translation reserve and Other reserves

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

Year ended March 31,
2025 2026
Balance at the beginning of the year 47,261 54,500
Translation difference related to foreign operations, net 7,294 46,377
Transfer of shares pertaining to Non-controlling interests<br>of subsidiary (14 ) —
Reclassification of foreign currency translation differences on liquidation of subsidiaries to<br>statement of income (41 ) —
Others — (5 )
Balance at the end of the year 54,500 100,872

All values are in Indian Rupees.

The movement in other reserves is summarized below:

Other Reserves
Particulars Remeasurementsof the definedbenefit plans Investment in debtinstrumentsmeasured at fairvalue through OCI Investment inequity instrumentsmeasured at fairvalue through OCI CapitalRedemptionReserve Gross obligation tonon-controllinginterests underput options
As at April 1, 2024 (286 ) 1,397 10,320 1,661 (4,238 )
Other comprehensive income 289 963 (3,476 ) — —
Bonus issue of equity shares (Refer to Note 30) — — — (1,661 ) —
Transfer of shares pertaining to Non-controlling interests<br>of subsidiary (8 ) — — — —
Transfer to Retained earnings ^(1)^ (130 ) — (5,624 ) — —
As at March 31, 2025 (135 ) 2,360 1,220 — (4,238 )
As at April 1, 2025 (135 ) 2,360 1,220 — (4,238 )
Other comprehensive income 152 (2,094 ) (1,448 ) — —
As at March 31, 2026 17 266 (228 ) — (4,238 )

All values are in Indian Rupees.

^(1)^ Towards transfer of cumulative realized (gain)/loss on disposal of investments in equity instruments designated<br>as FVTOCI and towards transfer of cumulative (gain)/loss on remeasurement of defined benefit plans to retained earnings.

20. Income taxes

Three months ended March 31, Year ended March 31,
2025 2026 2025 2026
Income tax expense as per the consolidated statement of income 11,549 11,460 42,777 40,767
Income tax included in other comprehensive income on:
Gains/(losses) on investment securities 80 (266 ) 83 (323 )
Gains/(losses) on cash flow hedging derivatives 372 (1,306 ) (260 ) (2,257 )
Remeasurements of the defined benefit plans (26 ) 99 49 10
11,975 9,987 42,649 38,197

All values are in Indian Rupees.

Income tax expense consists of the following:

Three months ended March 31, Year ended March 31,
2025 2026 2025 2026
Current tax expense 13,056 13,001 45,405 42,665
Deferred tax expense/(reversal) (1,507 ) (1,541 ) (2,628 ) (1,898 )
11,549 11,460 42,777 40,767

All values are in Indian Rupees.

Income tax expenses are net of provision recorded/(reversal) of taxes pertaining to earlier periods, amounting to ₹ (689) and ₹ (404) for the three months ended March 31, 2025 and 2026, and ₹ (2,306) and ₹ (4,177) for the year ended March 31, 2025 and 2026, respectively.

20

The Pillar Two legislations are neither enacted nor substantively enacted by Government of India, where the Parent company is incorporated. Pillar Two legislation has been enacted, or substantively enacted, in certain other jurisdictions where the Company operates. However, the Company does not expect any material financial impact for the three months and year ended March 31, 2026. In line with amended IAS 12, the Company has not recognized deferred taxes related to Pillar Two income taxes and accordingly has applied the mandatory exception as per the said standard.

21. Revenues

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

21

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

IT Services IT Products Total
Americas 1 Americas 2 Europe APMEA Total
A. Revenue
Rendering of services 73,648 68,517 58,492 23,572 224,229 — 224,229
Sale of products — — — — — 813 813
73,648 68,517 58,492 23,572 224,229 813 225,042
B. Revenue by sector
Banking, Financial Services and Insurance 264 44,173 22,338 9,840 76,615
Health 28,291 129 3,124 807 32,351
Consumer 26,398 1,079 11,151 3,803 42,431
Technology and Communications 17,585 5,740 7,662 3,164 34,151
Energy, Manufacturing and Resources 1,110 17,396 14,217 5,958 38,681
73,648 68,517 58,492 23,572 224,229 813 225,042
C. Revenue by nature of contract
Fixed price and volume based 37,012 34,002 34,244 14,667 119,925 — 119,925
Time and materials 36,636 34,515 24,248 8,905 104,304 — 104,304
Products — — — — — 813 813
73,648 68,517 58,492 23,572 224,229 813 225,042

All values are in Indian Rupees.

Information on disaggregation of revenues for the three months ended March 31, 2026 is as follows:

IT Services IT Products Total
Americas 1 Americas 2 Europe APMEA Total
A. Revenue
Rendering of services 79,751 67,193 65,321 27,577 239,842 — 239,842
Sale of products — — — — — 2,521 2,521
79,751 67,193 65,321 27,577 239,842 2,521 242,363
B. Revenue by sector
Banking, Financial Services and Insurance 175 41,824 27,217 12,626 81,842
Health 29,497 436 3,388 797 34,118
Consumer 27,982 839 11,944 3,550 44,315
Technology and Communications 20,240 5,713 9,699 4,401 40,053
Energy, Manufacturing and Resources 1,857 18,381 13,073 6,203 39,514
79,751 67,193 65,321 27,577 239,842 2,521 242,363
C. Revenue by nature of contract
Fixed price and volume based 40,265 31,836 37,245 16,566 125,912 — 125,912
Time and materials 39,486 35,357 28,076 11,011 113,930 — 113,930
Products — — — — — 2,521 2,521
79,751 67,193 65,321 27,577 239,842 2,521 242,363

All values are in Indian Rupees.

22

Information on disaggregation of revenues for the year ended March 31, 2025 is as follows:

IT Services IT Products Total
Americas 1 Americas 2 Europe APMEA Total
A. Revenue
Rendering of services 281,806 271,965 240,187 94,234 888,192 — 888,192
Sale of products — — — — — 2,692 2,692
281,806 271,965 240,187 94,234 888,192 2,692 890,884
B. Revenue by sector
Banking, Financial Services and Insurance 1,240 172,817 91,965 38,231 304,253
Health 108,305 236 13,982 3,272 125,795
Consumer 103,875 6,659 43,435 15,344 169,313
Technology and Communications 64,907 24,255 31,804 14,933 135,899
Energy, Manufacturing and Resources 3,479 67,998 59,001 22,454 152,932
281,806 271,965 240,187 94,234 888,192 2,692 890,884
C. Revenue by nature of contract
Fixed price and volume based 144,904 137,385 142,241 56,390 480,920 — 480,920
Time and material 136,902 134,580 97,946 37,844 407,272 — 407,272
Products — — — — — 2,692 2,692
281,806 271,965 240,187 94,234 888,192 2,692 890,884

All values are in Indian Rupees.

Information on disaggregation of revenues for the year ended March 31, 2026 is as follows:

IT Services IT Products Total
Americas 1 Americas 2 Europe APMEA Total
A. Revenue
Rendering of services 305,036 268,532 243,645 102,087 919,300 — 919,300
Sale of products — — — — — 6,940 6,940
305,036 268,532 243,645 102,087 919,300 6,940 926,240
B. Revenue by sector
Banking, Financial Services and Insurance 842 170,299 96,587 46,283 314,011
Health 116,104 1,408 12,944 3,392 133,848
Consumer 107,075 3,772 44,537 13,586 168,970
Technology and Communications 74,591 22,195 35,329 14,438 146,553
Energy, Manufacturing and Resources 6,424 70,858 54,248 24,388 155,918
305,036 268,532 243,645 102,087 919,300 6,940 926,240
C. Revenue by nature of contract
Fixed price and volume based 153,658 126,105 139,795 62,210 481,768 — 481,768
Time and materials 151,378 142,427 103,850 39,877 437,532 — 437,532
Products — — — — — 6,940 6,940
305,036 268,532 243,645 102,087 919,300 6,940 926,240

All values are in Indian Rupees.

23

22. Expenses by nature

Three months ended March 31, Year ended March 31,
2025 2026 2025 2026
Employee compensation ^(1)^ 133,454 143,408 533,477 555,855
Sub-contracting and technical fees 24,896 27,925 100,148 107,668
Cost of hardware and software 841 1,916 3,170 5,934
Travel 3,158 3,702 14,095 13,882
Facility expenses 4,113 4,082 16,067 15,886
Software license expense for internal use 4,951 5,805 19,338 21,720
Depreciation, amortization and impairment<br>^(2)^ 7,217 7,285 29,579 29,107
Communication 899 895 3,842 3,414
Legal and professional fees 3,133 2,661 11,270 10,199
Rates, taxes and insurance 1,690 1,706 5,804 5,858
Marketing and brand building 917 923 3,591 3,480
Lifetime expected credit loss/(write-back) 365 (144 ) 324 2,838
(Gain)/loss on sale of property, plant and equipment, net ^(3)^ 160 170 (606 ) (393 )
Miscellaneous expenses ^(4)^ 385 391 (454 ) 1,394
Total cost of revenues, selling and marketing expenses and general and administrative<br>expenses 186,179 200,725 739,645 776,842

All values are in Indian Rupees.

^(1)^ Employee compensation includes impact of past service cost on gratuity and remeasurement of leave encashment<br>due to implementation of new labour code amounting to ₹ (272) for the three months ended March 31, 2026 and ₹ 2,756 for the year ended March 31, 2026.
^(2)^ Depreciation, amortization and impairment includes an impairment charge on intangible assets amounting to ₹ Nil for the three months ended March 31, 2025 and 2026, and ₹ 1,155 and ₹ 851 for the year ended March 31, 2025 and 2026, respectively (Refer to Note 6).
:--- :---
^(3)^ (Gain)/loss on sale of property, plant and equipment for the year ended March 31, 2025 and 2026, includes<br>gain on relinquishment of the lease hold rights of land, and transfer of building along with other assets of ₹ (885) and gain on transfer of building of ₹ (405), respectively.
:--- :---
^(4)^ Miscellaneous expenses are net of insurance claim received of ₹ 1,805 during the year ended March 31, 2025.
:--- :---

23. Finance expenses

Three months ended March 31, Year ended March 31,
2025 2026 2025 2026
Interest on loans, borrowings and bank overdrafts 1,790 1,168 7,124 5,368
Interest on lease liabilities 442 518 1,593 1,956
Interest on liability on written put options to non-controlling interests 134 158 530 585
Other finance expenses ^(1)^ 1,401 1,857 5,523 6,668
3,767 3,701 14,770 14,577

All values are in Indian Rupees.

^(1)^ Includes gain on remeasurement of written put options amounting to ₹ 385 for the three months and year ended March 31, 2026.

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

Three months ended March 31, Year ended March 31,
2025 2026 2025 2026
Interest income 7,529 7,186 27,210 28,367
Dividend income from equity investments designated as FVTOCI 2,298 1 2,299 3
Net gain from investments classified as FVTPL 1,992 1,198 8,765 7,763
Net gain from investments classified as FVTOCI — 2 (72 ) 358
Finance and other income 11,819 8,387 38,202 36,491
Foreign exchange gains/(losses), net, on financial instruments measured at FVTPL 505 (3,432 ) (398 ) (5,867 )
Other foreign exchange gains/(losses), net (281 ) 3,757 430 7,720
Foreign exchange gains/(losses), net 224 325 32 1,853

All values are in Indian Rupees.

25. Earnings per equity share

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

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

24

Three months ended March 31, Year ended March 31,
2025 2026 2025 2026
Profit attributable to equity holders of the Company 35,696 35,018 131,354 131,974
Weighted average number of equity shares outstanding 10,462,328,534 10,479,105,556 10,456,741,552 10,476,247,846
Basic earnings per equity share 3.41 3.34 12.56 12.60

All values are in Indian Rupees.

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

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

Three months ended March 31, Year ended March 31,
2025 2026 2025 2026
Profit attributable to equity holders of the Company 35,696 35,018 131,354 131,974
Weighted average number of equity shares outstanding 10,462,328,534 10,479,105,556 10,456,741,552 10,476,247,846
Effect of dilutive equivalent share options 28,387,685 25,770,045 32,197,840 27,175,090
Weighted average number of equity shares for diluted earnings per equity share 10,490,716,219 10,504,875,601 10,488,939,392 10,503,422,936
Diluted earnings per equity share 3.39 3.33 12.52 12.56

All values are in Indian Rupees.

26. Employee compensation

Three months ended March 31, Year ended March 31,
2025 2026 2025 2026
Salaries and bonus 126,715 135,513 507,629 525,825
Employee benefits plans 5,544 6,495 20,306 25,565
Share-based compensation ^(1)^ 1,195 1,400 5,542 4,465
133,454 143,408 533,477 555,855

All values are in Indian Rupees.

^(1)^ Includes ₹ (1) and ₹ Nil for the three months ended March 31, 2025 and 2026, respectively and<br>₹ (9) and ₹ Nil for the year ended March 31, 2025 and 2026,<br>respectively, towards cash settled ADS RSUs.

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

Three months ended March 31, Year ended March 31,
2025 2026 2025 2026
Cost of revenues 114,271 125,801 452,800 480,122
Selling and marketing expenses 11,226 9,861 47,788 43,060
General and administrative expenses 7,957 7,746 32,889 32,673
133,454 143,408 533,477 555,855

All values are in Indian Rupees.

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

Three months ended March 31, Year ended March 31,
2025 2026 2025 2026
Restricted Stock Units (RSU) 67,433 10,664 3,498,476 6,743,031
ADS RSU 1,237,058 1,366,702 9,707,235 14,834,924
Performance based stock options (RSUs) — — 2,014,993 3,874,099
Performance based stock options (ADS) — — 5,323,067 8,424,826

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

During the three months and year ended March 31, 2026, RSU and ADS grants were issued under the Wipro Limited Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. Performance based stock options will vest based on the performance parameters of the Company.

27. Commitments and contingencies

Capital commitments: As at March 31, 2025 and 2026 the Company had committed to spend approximately ₹ 8,719 and ₹ 9,416 respectively, under agreements to purchase/ construct property and equipment. These amounts are net of capital advances paid in respect of these purchases. Refer to Note 8 for uncalled capital commitments on investment in equity instruments.

25

Guarantees: As at March 31, 2025 and 2026, guarantees provided by banks on behalf of the Company to the Indian Government, customers and certain other agencies aggregate to ₹ 13,110 and ₹ 13,358 respectively, as part of the bank line of credit.

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

The Company’s assessments in India are completed for the years up to March 31, 2022. The Company has received demands on multiple tax issues. These claims are primarily arising out of denial of deduction under section 10A of the Income Tax Act, 1961 in respect of profit earned by the Company’s undertaking in Software Technology Park at Bengaluru, the appeals filed against the said demand before the Appellate authorities have been allowed in favor of the Company by the second appellate authority for the years up to March 31, 2008 which either has been or may be contested by the Income tax authorities before the Hon’ble Supreme Court of India. Other claims relate to disallowance of tax benefits on profits earned from Software Technology Park and Special Economic Zone units, capitalization of research and development expenses, transfer pricing adjustments on intercompany / inter unit transactions and other issues.

Income tax claims against the Company amounting to ₹ 99,431 and ₹ 104,613 are not acknowledged as debt as at March 31, 2025 and 2026, respectively. These matters are pending before various Appellate Authorities and the management expects its position will likely be upheld on ultimate resolution and will not have a material adverse effect on the Company’s financial position and results of operations.

The contingent liability in respect of disputed demands for excise duty, custom duty, sales tax and other matters amounting to ₹ 19,292 and ₹ 20,733 as of March 31, 2025, and 2026, respectively. However, the resolution of these disputed demands is not likely to have a material and adverse effect on the results of operations or the financial position of the Company.

28. Segment information

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

IT Services: The IT Services segment primarily consists of IT services offerings to customers organized by four Strategic Market Units (“SMUs”) - Americas 1, Americas 2, Europe and Asia Pacific Middle East and Africa (“APMEA”).

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

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

Revenue from each customer is attributed to the respective SMUs based on the location of the customer’s primary buying center of such services. With respect to certain strategic global customers, revenue may be generated from multiple countries based on such customer’s buying centers, but the total revenue related to these strategic global customers are attributed to a single SMU based on the geographical location of key decision makers.

Our IT Services segment provides a range of IT and IT enabled services which include digital strategy advisory, customer centric design, technology consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure services, business process services, cloud, mobility and analytics services, research and development and hardware and software design.

IT Products: The Company is a value-added reseller of security, packaged and SaaS software for leading international brands. In certain total outsourcing contracts of the IT Services segment, the Company delivers hardware, software products and other related deliverables. Revenue relating to these items is reported as revenue from the sale of IT Products.

The Chief Executive Officer (“CEO”) and Managing Director of the Company has been identified as the Chief Operating Decision Maker as defined by IFRS 8, “Operating Segments”. The CEO of the Company evaluates the segments based on their revenue growth and operating income.

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

26

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

IT Services IT Products Reconciling Items Total
Americas 1 Americas 2 Europe APMEA Total
Revenue 73,721 68,582 58,552 23,598 224,453 813 — 225,266
Segment result 16,195 15,513 8,140 3,672 43,520 28 (211 ) 43,337
Unallocated (4,250 ) (4,250 )
Segment result total 39,270 28 (211 ) 39,087
Finance expenses (3,767 )
Finance and other income 11,819
Share of net profit/(loss) of associate and joint venture accounted for using the equity<br>method 291
Profit before tax 47,430
Income tax expense (11,549 )
Profit for the period 35,881
Depreciation, amortization and impairment 7,217

All values are in Indian Rupees.

Information on reportable segments for the three months ended March 31, 2026 is as follows:

IT Services IT Products Reconciling Items Total
Americas 1 Americas 2 Europe APMEA Total
Revenue 79,844 67,288 65,412 27,623 240,167 2,521 — 242,688
Segment result 16,058 12,181 10,092 5,085 43,416 211 235 43,862
Unallocated (1,899 ) — — (1,899 )
Segment result total 41,517 211 235 41,963
Finance expenses (3,701 )
Finance and other income 8,387
Share of net profit/(loss) of associate and joint venture accounted for using the equity<br>method 27
Profit before tax 46,676
Income tax expense (11,460 )
Profit for the period 35,216
Depreciation, amortization and impairment 7,285

All values are in Indian Rupees.

27

Information on reportable segments for the year ended March 31, 2025 is as follows:

IT Services IT Products Reconciling Items Total
Americas 1 Americas 2 Europe APMEA Total
Revenue 281,824 271,972 240,077 94,351 888,224 2,692 — 890,916
Segment result 58,186 61,326 29,434 12,850 161,796 (173 ) (195 ) 161,428
Unallocated (10,157 ) — — (10,157 )
Segment result total 151,639 (173 ) (195 ) 151,271
Finance expense (14,770 )
Finance and other income 38,202
Share of net profit/(loss) of associate and joint venture accounted for using the equity<br>method 254
Profit before tax 174,957
Income tax expense (42,777 )
Profit for the year 132,180
Depreciation, amortization and impairment 29,579

All values are in Indian Rupees.

Information on reportable segments for the year ended March 31, 2026 is as follows:

IT Services IT Products Reconciling Items Total
Americas 1 Americas 2 Europe APMEA Total
Revenue 305,571 269,077 244,165 102,340 921,153 6,940 — 928,093
Segment result 62,896 53,138 31,083 14,955 162,072 559 (7,954 ) 154,677
Unallocated (3,426 ) — — (3,426 )
Segment result total 158,646 559 (7,954 ) 151,251
Finance expense (14,577 )
Finance and other income 36,491
Share of net profit/(loss) of associate and joint venture accounted for using the equity<br>method 257
Profit before tax 173,422
Income tax expense (40,767 )
Profit for the year 132,655
Depreciation, amortization and impairment 29,107

All values are in Indian Rupees.

28

Revenues from India, being Company’s country of domicile, is ₹ 5,271 and ₹ 6,925 for the three months ended March 31, 2025, and 2026, respectively and ₹ 20,699 and ₹ 23,446 for the year ended March 31, 2025, and 2026, respectively.

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

Three months ended March 31, Year ended March 31,
2025 2026 2025 2026
United States of America 136,385 141,866 529,943 553,186
United Kingdom 22,954 26,674 95,241 97,041
159,339 168,540 625,184 650,227

All values are in Indian Rupees.

No customer individually accounted for more than 10% of the revenues during the three months and year ended March 31, 2025 and 2026.

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

Notes:

a) “Reconciling Items” includes elimination of inter-segment transactions and other corporate<br>activities.
b) Revenue from sale of Company owned intellectual properties is reported as part of IT Services revenues.
:--- :---
c) For the purpose of segment reporting, the Company has included the impact of “foreign exchange<br>gains/(losses), net” in revenues, which is reported as a part of operating profit in the interim condensed consolidated statement of income.
:--- :---
d) Restructuring cost of<br>₹ Nil and ₹ 5,139 for the year ended March 31, 2025 and 2026,<br>respectively is included under Reconciling items.
:--- :---
e) Impact of past service cost on gratuity and remeasurement of leave encashment due to implementation of new<br>labour code amounting to ₹ (272) for the three months ended March 31, 2026 and<br>₹ 2,756 for the year ended March 31, 2026, is included under Reconciling items.
:--- :---
f) “Unallocated” within IT Services segment includes:
:--- :---
Three months ended March 31, Year ended March 31,
--- --- --- --- --- --- --- --- ---
2025 2026 2025 2026
Amortization and impairment expenses on intangible assets (Refer to Note 6) 1,631 1,840 7,909 7,787
Change in fair value of contingent consideration (Refer to Note 18) (2 ) ^ (169 ) 49

All values are in Indian Rupees.

^ Value is less than 0.5
g) Segment results of IT Services segment are after recognition of share-based compensation expense of ₹ 1,195 and ₹ 1,400 for the three months ended March 31, 2025 and 2026,<br>respectively and ₹ 5,542 and ₹ 4,465 for the year ended March 31, 2025 and<br>2026, respectively.
:--- :---
h) Segment results of IT Services segment are after recognition of (gain)/loss on sale of property, plant and<br>equipment of ₹ 160 and ₹ 170 for the three months ended March 31, 2025 and<br>2026, respectively and ₹ (606) and ₹ (393) for the year ended March 31,<br>2025 and 2026, respectively.
:--- :---

29. List of subsidiaries, associate and joint venture as at March 31, 2026 is provided below:

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

29

Wipro Bahrain Limited Co. W.L.L Bahrain 100.00%
Wipro Czech Republic IT Services s.r.o. Czech Republic 100.00%
Wipro CRM Services Belgium 100.00%
Wipro 4C Consulting France SAS France 100.00%
Wipro CRM Services B.V. Netherlands 100.00%
Wipro CRM Services ApS Denmark 100.00%
Wipro CRM Services UK Limited U.K. 100.00%
Grove Holdings 2 S.á.r.l Luxembourg 100.00%
Capco Solution Services GmbH Germany 100.00%
The Capital Markets Company<br><br>Italy Srl Italy 100.00%
Capco Brasil Serviços E Consultoria Ltda Brazil 99.99%
The Capital Markets Company BV^(1)^ Belgium 100.00%
PT. WT Indonesia Indonesia 99.60%
Rainbow Software LLC Iraq 100.00%
Wipro Arabia Limited Saudi Arabia 66.67%
Women’s Business Park<br><br>Technologies<br>Limited Saudi Arabia 100.00%
Wipro Doha LLC Qatar 100.00%
Wipro Financial Outsourcing Services Limited U.K. 100.00%
Wipro UK Limited U.K. 100.00%
Wipro Gulf LLC Sultanate of<br><br>Oman 99.98%
Wipro Information Technology Netherlands BV. Netherlands 100.00%
Wipro Gulf LLC Sultanate of Oman 0.02%
Wipro Technologies SA Argentina 2.62%
Wipro (Thailand) Co. Limited Thailand 0.03%
Wipro Technologies GmbH Germany 14.87%
Wipro Do Brasil Sistemas De Informatica Ltda Brazil 0.07%
Wipro do Brasil Technologia Ltda^(1)^ Brazil 99.44%
Wipro Information Technology<br><br>Kazakhstan<br>LLP Kazakhstan 100.00%
Wipro Outsourcing Services (Ireland) Limited Ireland 100.00%
Wipro Portugal S.A.^(1)^ Portugal 100.00%
Wipro Solutions Canada Limited Canada 100.00%
Wipro Technologies Limited Russia 99.99%
Wipro Technologies Peru SAC Peru 99.98%
Wipro Technologies W.T.<br><br>Sociedad<br>Anonima Costa Rica 100.00%
Wipro Technology Chile SPA Chile 100.00%
Applied Value Technologies B.V. Netherlands 100.00%
Wipro IT Service Ukraine, LLC Ukraine 100.00%
Wipro IT Services Poland SP<br><br>Z.O.O Poland 100.00%
Wipro IT Services S.R.L. Romania 100.00%
Wipro Regional Headquarter Saudi Arabia 100.00%
Wipro Technologies Australia Pty Ltd Australia 100.00%
Wipro Ampion Holdings Pty Ltd^(1)^ Australia 100.00%
Wipro Technologies SA Argentina 97.38%
Wipro Technologies SA DE CV Mexico 91.08%
Wipro Technologies South Africa (Proprietary) Limited South Africa 69.42%
Wipro Technologies Nigeria Limited Nigeria 99.84%

30

Wipro Technologies SRL Romania 100.00%
Wipro (Thailand) Co. Limited Thailand 99.97%
Wipro Shanghai Limited China 84.63%
Wipro Technologies Nigeria<br><br>Limited Nigeria 0.16%
Wipro Technologies Limited Russia 0.01%
Wipro Technologies Peru SAC Peru 0.02%
Wipro Japan KK Japan 100.00%
Wipro Networks Pte Limited Singapore 100.00%
Applied Value Technologies Pte.<br><br>Limited Singapore 100.00%
Wipro Chengdu Limited China 91.04%
PT. WT Indonesia Indonesia 0.40%
Wipro (Thailand) Co. Limited Thailand ^
Wipro (Dalian) Limited China 100.00%
Wipro Technologies SDN BHD Malaysia 100.00%
Wipro (Tianjin) Limited^(3)^ China 100.00%
Wipro Philippines, Inc. Philippines 100.00%
Wipro Shanghai Limited China 15.37%
Wipro Travel Services Limited India 100.00%
Wipro, LLC USA 100.00%
Wipro Technologies SA DE CV Mexico 8.92%
Wipro Gallagher Solutions, LLC USA 100.00%
Wipro Insurance Solutions, LLC USA 100.00%
Wipro IT Services, LLC^(8)^ USA 100.00%
Aggne Global Inc. USA 60.00%
Edgile, LLC USA 100.00%
HealthPlan Services, Inc.^(1)^ USA 100.00%
Infocrossing, LLC USA 100.00%
International TechneGroup Incorporated^(1)^ USA 100.00%
Wipro NextGen Enterprise Inc.^(1)^ USA 100.00%
Rizing Intermediate Holdings, Inc.^(1)^ USA 100.00%
Wipro Appirio, Inc.^(1)^ USA 100.00%
Wipro Designit Services, Inc.^(1)^ USA 100.00%
Wipro Telecom Consulting LLC USA 100.00%
Wipro VLSI Design Services,<br><br>LLC USA 100.00%
Applied Value Technologies, Inc. USA 100.00%
Wipro Business Services LLC^(10)^ USA 100.00%
The Capital Markets Company, LLC^(1)(7)^ USA 100.00%
Aggne Global IT Services Private Limited India 60.00%
Wipro, Inc. Wipro Life Science Solutions, LLC USA 100.00%
USA 100.00%
Wipro Connected Services, Inc. (Formerly known as Harman Connected Services, Inc.)^(4)^^(5)^ Wipro Connected Services Mauritius Pvt Ltd (Formerly known as Harman Connected Services Mauritius Pvt Ltd) Connected Services Corporation Wipro India Private Limited (Formerly known as Harman Connected Services Corporation India Pvt. Ltd.) USA 100.00%
Mauritius 100.00%
India 98.40%

31

Connected Services Corporation Wipro India Private Limited (Formerly known as Harman Connected Services Corporation India Pvt. Ltd.) India 1.60%
Wipro Connected Services Engineering Corp. (Formerly known as Harman Connected Services Engineering Corp.) USA 100.00%
Wipro Connected Services UK Limited (Formerly known as Harman Connected Services UK Limited) UK 100.00%
Harman Connected<br>Services Morocco Morocco 100.00%
Wipro Connected Services US Midco LLC (Formerly known as Harman Connected Services US Midco LLC) USA 100.00%
Harman Connected<br>Services AB^(1)^ Sweden 100.00%
The Wipro SA Broad Based Ownership Scheme Trust
Wipro SA Broad Based Ownership Scheme SPV (RF) (PTY) LTD 100.00%
Wipro Technologies South Africa<br>(Proprietary) Limited South Africa 30.58%
^ Value is less than 0.01%
:--- :---

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

^(2)^ Grove Holdings 2 S.á.r.l. has transferred its entire shareholding in Capco Consulting Middle East FZE to<br>Wipro IT Services UK Societas, effective September 19, 2025.
^(3)^ Wipro (Tianjin) Limited has been incorporated with effect from May 23, 2025, which is 100% held by Wipro<br>Networks Pte Limited.
:--- :---
^(4)^ The Company, through its subsidiaries, has acquired 100% shareholding in Wipro Connected Services, Inc.<br>(Formerly known as Harman Connected Services, Inc.) and its subsidiaries, effective December 1, 2025.
:--- :---
^(5)^ Wipro Digital Inc., a wholly owned subsidiary, has merged with Wipro Connected Services, Inc. (Formerly known<br>as Harman Connected Services, Inc.), a step-down subsidiary, effective December 1, 2025.
:--- :---
^(6)^ Cardinal US Holdings, Inc transferred its entire ownership in Capco Consulting Services LLC to The Capital<br>Markets Company, LLC effective March 30, 2026.
:--- :---
^(7)^ Capco RISC Consulting LLC merged with The Capital Markets Company, LLC effective March 30, 2026.
:--- :---
^(8)^ Cardinal US Holdings, Inc. merged with Wipro IT Services, LLC effective March 31, 2026.
:--- :---
^(9)^ Rizing Consulting USA, LLC (Formerly known as Rizing Consulting USA, Inc.) merged with Rizing LLC effective<br>March 31, 2026.
:--- :---
^(10)^ Wipro Business Services LLC has been incorporated as a step down subsidiary of the Company with effect from<br>January 20, 2026, which is 100% held by Wipro, LLC.
:--- :---
^(1)^ Step Subsidiary details of The Capital Markets Company LLC, HealthPlan Services, Inc., International<br>TechneGroup Incorporated, Wipro NextGen Enterprise Inc., Rizing Intermediate Holdings, Inc., The Capital Markets Company BV, Wipro Ampion Holdings Pty Ltd, Wipro Appirio, Inc., Wipro Designit Services, Inc., Wipro do Brasil Technologia Ltda, Wipro<br>Portugal S.A. and Harman Connected Services AB are as follows:
:--- :---

32

Subsidiaries Subsidiaries Subsidiaries Country of Incorporation Holding
The Capital Markets Company, LLC Capco Consulting Services LLC^(6)^ USA 100.00%
USA
HealthPlan Services, Inc. HealthPlan Services Insurance Agency, LLC USA 100.00%
USA
International TechneGroup Incorporated USA
International TechneGroup Ltd. U.K. 100.00%
ITI Proficiency Ltd Israel 100.00%
MechWorks S.R.L. Italy 100.00%
Wipro NextGen Enterprise Inc. LeanSwift AB USA 100.00%
Sweden
Rizing Intermediate Holdings, Inc. USA
Rizing Lanka (Private) Ltd Sri Lanka 100.00%
Attune Netherlands B.V.^(11)^ Netherlands 100.00%
Rizing Solutions Canada Inc. Canada 100.00%
Rizing LLC^(9)^ USA 100.00%
Rizing B.V. Netherlands 100.00%
Rizing Consulting Ireland Limited Ireland 100.00%
Rizing Consulting Pty Ltd. Australia 100.00%
Rizing Geospatial LLC USA 100.00%
Rizing GmbH Germany 100.00%
Rizing Limited U.K. 100.00%
Rizing Pte Ltd.^(11)^ Singapore 100.00%
The Capital Markets Company BV Belgium
CapAfric Consulting (Pty) Ltd South Africa 100.00%
Capco Belgium BV Belgium 100.00%
The Capital Markets Company s.r.o Slovakia 15.00%
Capco Consultancy (Thailand) Ltd Thailand 0.04%
Capco Consultancy (Malaysia) Sdn. Bhd Malaysia 100.00%
Capco Consultancy (Thailand) Ltd Thailand 99.92%
Capco Consulting Singapore Pte. Ltd Singapore 100.00%
Capco Greece Single Member P.C Greece 100.00%
Capco Poland sp. z.o.o Poland 100.00%
The Capital Markets Company (UK) Ltd U.K. 100.00%
Capco Consultancy (Thailand) Ltd Thailand 0.04%
The Capital Markets Company Limited Hong Kong 0.01%
The Capital Markets Company GmbH Germany 100.00%
Capco Austria GmbH Austria 100.00%
The Capital Markets Company<br><br>Limited Hong Kong 99.99%
The Capital Markets Company Limited Canada 100.00%
Capco Brasil Serviços E Consultoria Ltda Brazil 0.01%
The Capital Markets Company S.á.r.l Switzerland 100.00%
Andrion AG Switzerland 100.00%
The Capital Markets Company S.A.S France 100.00%

33

The Capital Markets Company s.r.o Slovakia 85.00%
Wipro Ampion Holdings Pty Ltd Australia
Wipro Revolution IT Pty Ltd Australia 100.00%
Wipro Shelde Australia Pty Ltd Australia 100.00%
Wipro Appirio, Inc. Wipro Appirio UK Limited USA
Wipro Appirio (Ireland) Limited Ireland 100.00%
U.K. 100.00%
Topcoder, LLC USA 100.00%
Wipro Designit Services, Inc. Wipro Designit Services Limited USA 100.00%
Ireland
Wipro do Brasil Technologia Ltda Brazil
Wipro do Brasil Servicos Ltda Brazil 100.00%
Wipro Do Brasil Sistemas De Informatica Ltda Brazil 96.84%
Wipro Portugal S.A. Portugal
Wipro do Brasil Technologia Ltda Brazil 0.56%
Wipro Do Brasil Sistemas De Informatica Ltda Brazil 3.09%
Wipro Technologies GmbH Germany 85.13%
Wipro Business Solutions<br><br>GmbH^(11)^ Germany 100.00%
Wipro IT Services Austria GmbH Austria 100.00%
Harman Connected Services AB Harman Connected Services Solutions (Chengdu) Co. Ltd. Sweden 100.00%
China
^(11)^ Step Subsidiary details of Attune Netherlands B.V., Rizing Pte Ltd. and Wipro Business Solutions GmbH are as<br>follows:
:--- :---
Subsidiaries Subsidiaries Subsidiaries Country of<br>Incorporation
--- --- :---: --- :---: --- --- --- :---: ---
Attune Netherlands B.V. Netherlands
Rizing Germany GmbH Germany 100.00%
Attune Italia S.R.L Italy 100.00%
Attune UK Ltd. U.K. 100.00%
Rizing Pte Ltd. Singapore
Rizing New Zealand Ltd. New Zealand 100.00%
Rizing Philippines Inc. Philippines 100.00%
Rizing SDN BHD Malaysia 100.00%
Rizing Solutions Pty Ltd Australia 100.00%
Wipro Business Solutions GmbH Wipro Technology Solutions S.R.L Germany 100.00%
Romania

As at March 31, 2026, Wipro, LLC held 43.7% interest in Drivestream Inc. and Wipro IT Services LLC held 27% interest in SDVerse LLC, accounted for using the equity method.

The list of controlled trusts are:
Name of the entity Country of incorporation
--- --- ---
Wipro Equity Reward Trust India
Wipro Foundation India

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

34

30. Issue of bonus shares

During the year ended March 31, 2025, the company concluded bonus issue in the ratio of 1:1 i.e.1 (one) bonus equity share of ₹ 2 each for every 1 (one) fully paid-up equity shares held (including ADS holders) was approved by the shareholders of the Company on November 21, 2024. Subsequently, on December 4, 2024, the Company allotted 5,232,094,402 equity shares (including ADS) to shareholders who held equity shares as on the record date of December 3, 2024. The Company also allotted 1:1 bonus equity share on 1,274,805 equity shares (including ADS) under allotment as on the record date. Consequently, ₹ 10,467 (representing par value of ₹ 2 per share) was transferred from capital redemption reserves, securities premium and retained earnings to the share capital.

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

The Company has concluded the salary restructuring exercise in compliance with the Labour Codes. The implementation of the Labour Code has resulted in a net increase of ₹ 2,756 in the provision for gratuity and remeasurement of leave encashment, which has been recognized as employee benefit expense in the current year. The Company continues to monitor the finalization of Central and State Rules, as well as Government clarifications on other aspects of the Labour Codes.

32. During the year ended March 31, 2026, the Company paid an interim dividend of ₹ 11 per equity share (₹ 5 declared on July 17, 2025 and ₹ 6 declared on January 16, 2026).
33. Events after the reporting period
:--- :---
a) On April 5, 2026, the Company signed a definitive agreement to acquire Mindsprint, Olam Group’s IT<br>services arm, a provider of technology and digital transformation services for a total consideration of USD 375 million. The acquisition is subject to customary closing conditions and regulatory approvals and is expected to be concluded by<br>quarter ending June 30, 2026.
:--- :---
b) On April 14, 2026, the Company signed a definitive agreement to acquire select customer contracts of Alpha Net<br>Consulting, a provider of enterprise software development, data engineering, and managed services for a total consideration (including earnouts) of USD 70.8 million. The acquisition is subject to customary closing conditions and is expected to<br>be concluded by quarter ending June 30, 2026.
:--- :---
c) On April 16, 2026, the Board of Directors approved a proposal to buyback of equity shares, subject to the<br>approval of shareholders, for purchase by the Company of up to 600,000,000 equity shares of ₹ 2 each (being 5.7% of total number of equity shares) from the<br>shareholders of the Company on a proportionate basis by way of a tender offer at a price of ₹ 250 per equity share for an aggregate amount not exceeding ₹ 150,000, in accordance with the provisions contained in the Securities and Exchange Board of India (Buy-back of Securities)<br>Regulations, 2018, as amended and the Companies Act, 2013 and rules made thereunder.
:--- :---

As per our report of even date attached For and on behalf of the Board of Directors

for Deloitte Haskins & Sells LLP Rishad A. Premji Deepak M. Satwalekar Srinivas Pallia
Chartered Accountants Chairman Director Chief Executive Officer and
Firm Registration No: 117366W/W -100018 (DIN: 02983899) (DIN:00009627) Managing Director
(DIN: 10574442)
Anand Subramanian Aparna C. Iyer M. Sanaulla Khan
--- --- --- --- --- --- --- --- ---
Partner<br><br>Membership No. 110815 Chief Financial Officer Company Secretary Membership No.: F4129
Bengaluru<br><br>April 16, 2026

35

EX-99.4

Exhibit 99.4

WIPRO LIMITED

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

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

AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE THREE MONTHS AND YEAR ENDED MARCH 31. 2026

UNDER IFRS (IASB)

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

Three months ended Year ended
Particulars March<br>31, 2026 December<br>31, 2025 March<br>31, 2025 March<br>31, 2026 March<br>31, 2025
Income
a) Revenue from operations 242,363 235,558 225,042 926,240 890,884
b) Foreign exchange gains/(losses), net 325 788 224 1,853 32
I Total income 242,688 236,346 225,266 928,093 890,916
Expenses
a) Purchases of stock-in-trade 1,678 2,476 810 5,755 2,967
b) Changes in inventories of stock-in-trade 237 (15 ) 31 171 195
c) Employee benefits expense 143,408 142,009 133,454 555,855 533,477
d) Depreciation, amortization and impairment expense 7,285 8,050 7,217 29,107 29,579
e) Sub-contracting and technical fees 27,925 27,667 24,896 107,668 100,148
f) Facility expenses 4,082 4,087 4,113 15,886 16,067
g) Travel 3,702 3,054 3,158 13,882 14,095
h) Communication 895 831 899 3,414 3,842
i) Legal and professional fees 2,661 2,836 3,133 10,199 11,270
j) Software license expense for internal use 5,805 5,701 4,951 21,720 19,338
k) Marketing and brand building 923 774 917 3,480 3,591
l) Lifetime expected credit loss/ (write-back) (144 ) 973 365 2,838 324
m) (Gain)/loss on sale of property, plant and equipment, net 170 (33 ) 160 (393 ) (606 )
n) Other expenses 2,098 2,201 2,075 7,260 5,358
II Total expenses 200,725 200,611 186,179 776,842 739,645
III Finance expenses 3,701 3,656 3,767 14,577 14,770
IV Finance and other income 8,387 9,232 11,819 36,491 38,202
V Share of net profit/ (loss) of associate and joint venture accounted for using the<br>equity method 27 28 291 257 254
VI Profit before tax [I-II-III+IV+V] 46,676 41,339 47,430 173,422 174,957
VII Tax expense 11,460 9,889 11,549 40,767 42,777
VIII Profit for the period [VI-VII] 35,216 31,450 35,881 132,655 132,180
Other comprehensive income (OCI)
Items that will not be reclassified to profit or loss in subsequent periods
Remeasurements of the defined benefit plans, net 363 (240 ) 124 132 274
Net change in fair value or investment in equity instruments measured at fair value through<br>OCI (963 ) (422 ) (2,943 ) (1,448 ) (3,476 )
Items that will be reclassified to profit or loss in subsequent periods
Foreign currency translation differences 21,655 5,050 1,762 46,643 7,331
Reclassification of foreign currency translation differences on liquidation of subsidiaries to<br>statement of income — — (55 ) — (41 )
Net change in time value of option contracts designated as cash flow hedges, net of taxes 132 139 (94 ) 55 (189 )
Net change in intrinsic value of option contracts designated as cash flow hedges, net of<br>taxes (719 ) 59 335 (1,234 ) 146
Net change in fair value of forward contracts designated as cash flow hedges, net of<br>taxes (3,682 ) (560 ) 810 (6,015 ) (745 )
Net change in fair value of investment in debt instruments measured at fair value through OCI, net<br>of taxes (1,622 ) (495 ) 352 (2,094 ) 963
IX Total other comprehensive income for the period, net of taxes 15,164 3,531 291 36,039 4,263

1

Total comprehensive income for the period [VIII+IX] 50,380 34,981 36,172 168,694 136,443
X Profit for the period attributable to:
Equity holders of the Company 35,018 31,190 35,696 131,974 131,354
Non-controlling interests 198 260 185 681 826
35,216 31,450 35,881 132,655 132,180
Total comprehensive income for the period attributable to:
Equity holders of the Company 50,037 34,695 36,005 167,767 135,595
Non-controlling interests 343 286 167 927 848
50,380 34,981 36,172 168,694 136,443
XI Paid up equity share capital (Par value 2 per share) 20,977 20,974 20,944 20,977 20,944
XII Reserves excluding revaluation reserves and Non- controlling interests as per<br>balance sheet 864,391 807,365
XIII Earnings per share (EPS)
(Equity shares of par value of 2/-<br>each)
(EPS for the three months ended periods are not annualized)
Basic (in ) 3.34 2.98 3.41 12.60 12.56
Diluted (in ) 3.33 2.97 3.39 12.56 12.52

All values are in Indian Rupees.

1. The audited consolidated financial results of the Company for the three months and year ended<br>March 31, 2026, have been approved by the Board of Directors of the Company at its meeting held on April 16, 2026. The Company confirms that its statutory auditors, Deloitte Haskins & Sells LLP have issued an audit report with<br>unmodified opinion on the consolidated financial results for the three months and year ended March 31, 2026.
2. The above consolidated financial results have been prepared on the basis of the audited interim<br>condensed consolidated financial statements for the year ended March 31, 2026 and the audited interim condensed consolidated financial statements for the nine months ended December 31, 2025, which are prepared in accordance with International<br>Financial Reporting Standards and its interpretations (“IFRS”), as issued by the International Accounting Standards Board (“IASB”). The figures of last quarter are the balancing figures between audited figures in respect of<br>the full financial year and the published year-to-date figures up to the third quarter of the current financial year. All amounts included in the consolidated financial<br>results (including notes) are reported in millions of Indian rupees (₹ in millions) except share and per share data, unless otherwise stated.
:--- :---
3. (Gain)/loss on sale of property, plant and equipment for the year ended March 31, 2026, includes<br>gain on transfer of building of ₹ (405) and for the year ended March 31, 2025, includes gain on relinquishment of the lease hold rights of land, and transfer<br>of building along with other assets of ₹ (885).
:--- :---
4. Other expenses are net of insurance claim received of ₹ 1,805 for the year ended March 31, 2025.
:--- :---
5. Employee benefits expense includes impact of past service cost on gratuity and remeasurement of leave<br>encashment due to implementation of new labour code amounting to ₹ (272) and ₹ 3,028<br>for the three months ended March 31, 2026 and December 31, 2025, respectively, and ₹ 2,756 for the year ended March 31, 2026.
:--- :---
6. List of subsidiaries, associate and joint venture as at March 31,2026 arc provided in the table below:
:--- :---
Subsidiaries Subsidiaries Subsidiaries Country of<br>Incorporation Holding
--- --- :---: --- :---: --- :---: --- :---: --- ---
Attune Consulting India Private Limited India 100.00 %
Capco Technologies Private Limited India 100.00 %
Wipro Chengdu Limited China 8.96 %
Wipro Holdings (UK) Limited Wipro Technologies SRL U.K.<br><br>Romania 100.00<br><br>^ %
Wipro IT Services Bangladesh Limited Bangladesh 100.00 %
Wipro IT Services UK Societas Capco Consulting Middle East<br><br>FZE^(2)^<br><br>Dcsignit A/S Designit Denmark A/S U.K.<br><br>UAE<br><br>Denmark<br><br>Denmark 100.00<br><br>100.00<br><br>100.00<br><br>100.00 %<br><br>%<br><br>%<br><br>%

2

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

3

Wipro Technologies South Africa (Proprietary) Limited<br><br>Wipro Technologies SRL<br><br>Wipro (Thailand) Co. Limited<br><br>Wipro Shanghai Limited<br><br>Wipro Technologies Nigeria<br><br>Limited<br><br>Wipro Technologies Limited<br><br>Wipro Technologies Peru SAC Wipro Technologies Nigeria Limited South Africa<br><br>Nigeria<br><br>Romania<br><br>Thailand<br><br>China<br><br>Nigeria<br><br>Russia<br><br>Peru 69.42<br><br>99.84<br><br>100.00<br><br>99.97<br><br>84.63<br><br>0.16<br><br>0.01<br><br>0.02 %<br><br>%<br><br>%<br><br>%<br><br>%<br><br>%<br><br>%<br><br>%
Wipro Japan KK Japan 100.00 %
Wipro Networks Pte Limited Singapore 100.00 %
Applied Value Technologies Pte. Limited Singapore 100.00 %
Wipro Chengdu Limited China 91.04 %
PT. WT Indonesia Indonesia 0.40 %
Wipro (Thailand) Co. Limited Thailand ^
Wipro (Dalian) Limited China 100.00 %
Wipro Technologies SDN BHD Malaysia 100.00 %
Wipro (Tianjin) Limited ^(3)^ China 100.00 %
Wipro Philippines, Inc. Philippines 100.00 %
Wipro Shanghai Limited China 15.37 %
Wipro Travel Services Limited India 100.00 %
Wipro. LLC USA 100.00 %
Wipro Technologies SA DE CV Mexico 8.92 %
Wipro Gallagher Solutions, LLC USA 100.00 %
Wipro Insurance Solutions, LLC USA 100.00 %
Wipro IT Services, LLC ^(8)^ USA 100.00 %
Aggne Global Inc. USA 60.00 %
Edgilc, LLC USA 100.00 %
HealthPlan Services, Inc. ^(1)^ USA 100.00 %
Infocrossing, LLC USA 100.00 %
International TechneGroup Incorporated ^(1)^ USA 100.00 %
Wipro NextGen Enterprise<br><br>Inc. ^(1)^ USA 100.00 %
Rizing Intermediate Holdings, Inc. ^(1)^ USA 100.00 %
Wipro Appirio, Inc. ^(1)^ USA 100.00 %
Wipro Designit Services, Inc. ^(1)^ USA 100.00 %
Wipro Telecom Consulting LLC USA 100.00 %
Wipro VLSI Design Services, LLC USA 100.00 %
Applied Value Technologies. Inc. USA 100.00 %
Wipro Business Services LLC ^(10)^ USA 100.00 %
The Capital Markets Company,<br><br>LLC ^(1) (7)^ USA 100.00 %
Aggne Global IT Services Private Limited India 60.00 %
Wipro, Inc. USA 100.00 %
Wipro Life Science Solutions, LLC USA 100.00 %
Wipro Connected Services. Inc. (Formerly known as Harman USA 100.00 %
Connected Services, Inc.) ^(4) (5)^ Wipro Connected Sendees Mauritius Pvt Ltd (Formerly known as Hannan Connected Services Mauritius Pvt Ltd) Mauritius 100.00 %
Connected Services Corporation Wipro India Private Limited Formerly known as Harman Connected Services Corporation India Pvt. Ltd.) India 98.40 %

4

Connected Services Corporation Wipro India Private Limited (Formerly known as Harman Connected Services Corporation India Pvt. Ltd.) India 1.60 %
Wipro Connected Services Engineering Corp. (Formerly known as Harman Connected Services Engineering Corp.) USA 100.00 %
Wipro Connected Services UK Limited (Formerly known as Harman Connected Services UK Limited) UK 100.00 %
Hannan Connected Services<br><br>Morocco Morocco 100.00 %
Wipro Connected Services US Midco LLC (Formerly known as Harman Connected Services US Midco LLC) USA 100.00 %
Harman Connected Services AB ^(1)^ Sweden 100.00 %
The Wipro SA Broad Based Ownership Scheme Trust
Wipro SA Broad Based Ownership Scheme SPV (RF) (PTY) LTD 100.00 %
Wipro Technologies South Africa (Proprietary) Limited South Africa 30.58 %
^ Value is less than 0.01%
:--- :---

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

^(2)^ Grove Holdings 2 S.a.r.l. has transferred its entire shareholding in Capco Consulting Middle East FZE to Wipro<br>IT Services UK Societas, effective September 19, 2025.
^(3)^ Wipro (Tianjin) Limited has been incorporated with effect from May 23, 2025, which is 100% held by Wipro<br>Networks Pte Limited.
:--- :---
^(4)^ The Company, through its subsidiaries, has acquired 100% shareholding in Wipro Connected Services, Inc.<br>(Formerly known as Harman Connected Services. Inc.) and its subsidiaries, effective December 1, 2025.
:--- :---
^(5)^ Wipro Digital Inc., a wholly owned subsidiary, has merged with Wipro Connected Services, Inc. (Formerly known<br>as Harman Connected Services, Inc.), a step-down subsidiary, effective December 1, 2025.
:--- :---
^(6)^ Cardinal US Holdings, Inc transferred its entire ownership in Capco Consulting Services LLC to The Capital<br>Markets Company, LLC effective March 30, 2026.
:--- :---
^(7)^ Capco RISC Consulting LLC merged with The Capital Markets Company. LLC effective March 30, 2026.
:--- :---
^(8)^ Cardinal US Holdings. Inc. merged with Wipro IT Services, LLC effective March 31, 2026.
:--- :---
^(9)^ Rizing Consulting USA, LLC (Formerly known as Rizing Consulting USA, Inc.) merged with Rizing LLC effective<br>March 31, 2026.
:--- :---
^(10)^ Wipro Business Services LLC has been incorporated as a step down subsidiary of the Company with effect from<br>January 20. 2026, which is 100% held by Wipro, LLC.
:--- :---
^(1)^ Step Subsidiary details of The Capital Markets Company LLC. Health Plan Services, Inc.. International<br>TechneGroup Incorporated, Wipro NextGen Enterprise Inc., Rizing Intermediate Holdings, Inc., The Capital Markets Company BV, Wipro Ampion Holdings Pty Ltd, Wipro Appirio, Inc., Wipro Designit Services, Inc., Wipro do Brasil Technologia Ltda, Wipro<br>Portugal S.A. and Harman Connected Services AB are as follows:
:--- :---

5

Subsidiaries Subsidiaries Subsidiaries Country of<br>Incorporation Holding
The Capital Markets Company, LLC Capco Consulting Services LLC ^(6)^ USA<br><br>USA 100.00 %
HealthPlan Services, Inc. HealthPlan Services Insurance Agency, LLC USA<br><br>USA 100.00 %
International TechneGroup Incorporated International TechneGroup Ltd. ITI<br><br>Proficiency Ltd<br><br>Mech Works S.R.L. USA<br><br>U.K.<br><br>Israel<br><br>Italy 100.00<br><br>100.00<br><br>100.00 %<br><br>%<br><br>%
Wipro NextGen Enterprise Inc. LeanSwilt AB USA<br><br>Sweden 100.00 %
Rizing Intermediate Holdings, Inc. Rizing Lanka (Private) Ltd<br><br>Rizing Solutions Canada Inc.<br><br>Rizing LLC (9) Attune Netherlands B.V. ^(11)^<br><br>Rizing B.V.<br><br>Rizing Consulting Ireland Limited<br><br>Rizing Consulting Pty Ltd.<br><br>Rizing Geospatial LLC<br><br>Rizing GmbH<br><br>Rizing Limited<br><br>Rizing Pte Ltd. ^(11)^ USA<br><br>Sri Lanka<br><br>Netherlands<br><br>Canada<br><br>USA<br><br>Netherlands<br><br>Ireland<br><br>Australia<br><br>USA<br><br>Germany<br><br>U.K.<br><br>Singapore 100.00<br><br>100.00<br><br>100.00<br><br>100.00<br><br>100.00<br><br>100.00<br><br>100.00<br><br>100.00<br><br>100.00<br><br>100.00<br><br>100.00 %<br><br>%<br><br>%<br><br>%<br><br>%<br><br>%<br><br>%<br><br>%<br><br>%<br><br>%<br><br>%
The Capital Markets Company BV CapAfric Consulting (Pty) Ltd Capco Belgium BV The Capital Markets Company s.r.o<br><br>Capco Consultancy (Thailand) Ltd Belgium<br><br>South Africa<br><br>Belgium<br><br>Slovakia<br><br>Thailand 100.00<br><br>100.00<br><br>15.00<br><br>0.04 %<br><br>%<br><br>%<br><br>%
Capco Consultancy (Malaysia) Sdn. Bhd<br><br>Capco<br>Consultancy (Thailand) Ltd Malaysia<br><br>Thailand 100.00<br><br>99.92 %<br><br>%
Capco Consulting Singapore Pte.<br><br>Ltd<br><br>Capco Greece Single Member P.C Singapore<br><br>Greece 100.00<br><br>100.00 %<br><br>%
Capco Poland sp. z.o.o<br><br>The Capital Markets<br>Company (UK) Ltd Capco Consultancy (Thailand) Ltd Poland<br><br>U.K.<br><br>Thailand 100.00<br><br>100.00<br><br>0.04 %<br><br>%<br><br>%
The Capital Markets Company GmbH<br><br>The Capital Markets Company Limited<br><br>The Capital Markets Company<br>Limited<br><br>The<br>Capital Markets Company S.á.r.l<br><br>The Capital Markets Company S.A.S The Capital Markets Company Limited<br><br>Capco Austria GmbH<br><br>Capco Brasil Services E<br><br>Consultoria Ltda<br><br>Andrion AG Hong Kong<br><br>Germany<br><br>Austria<br><br>Hong Kong<br><br>Canada<br><br>Brazil<br><br>Switzerland<br><br>Switzerland<br><br>France 0.01<br><br>100.00<br><br>100.00<br><br>99.99<br><br>100.00<br><br>0.01<br><br>100.00<br><br>100.00<br><br>100.00 %<br><br>%<br><br>%<br><br>%<br><br>%<br><br>%<br><br>%<br><br>%<br><br>%

6

The Capital Markets Company s.r.o Slovakia 85.00 %
Wipro Ampion Holdings Pty Ltd Wipro Revolution IT Pty Ltd<br><br>Wipro Shelde<br>Australia Pty Ltd Australia<br><br>Australia<br><br>Australia 100.00<br><br>100.00 %<br><br>%
Wipro Appirio, Inc. Wipro Appirio (Ireland) Limited<br><br>Topcoder, LLC Wipro Appirio UK Limited USA<br><br>Ireland<br><br>U.K.<br><br>USA 100.00<br><br>100.00<br><br>100.00 %<br><br>%<br><br>%
Wipro Designit Services, Inc. Wipro Designit Services Limited USA<br><br>Ireland 100.00 %
Wipro do Brasil Technologia Ltda Wipro do Brasil Services Ltda<br><br>Wipro Do Brasil Sistemas De Informatica Ltda Brazil<br><br>Brazil<br><br>Brazil 100.00<br><br>96.84 %<br><br>%
Wipro Portugal S.A. Wipro do Brasil Technologia Ltda<br><br>Wipro Do Brasil Sistemas De Informatica Ltda<br><br>Wipro Technologies<br>GmbH Wipro Business Solutions<br><br>GmbH ^(11)^<br><br>Wipro IT Services Austria GmbH Portugal<br><br>Brazil<br><br>Brazil<br><br>Germany<br><br>Germany<br><br>Austria 0.56<br><br>3.09<br><br>85.13<br><br>100.00<br><br>100.00 %<br><br>%<br><br>%<br><br>%<br><br>%
Harman Connected Services AB Harman Connected Services Solutions (Chengdu) Co. Ltd. Sweden<br><br>China 100.00 %
^(11)^ Step Subsidiary details of Attune Netherlands B.V., Rizing Pte Ltd. and Wipro Business Solutions GmbH are as<br>follows:
:--- :---
Subsidiaries Subsidiaries Subsidiaries Country of<br>Incorporation
--- --- :---: --- :---: --- --- --- :---: --- ---
Attune Netherlands B.V. Rizing Germany GmbH<br><br>Attune Italia S.R.L<br><br>Attune UK Ltd. Netherlands<br><br>Germany<br><br>Italy<br><br>U.K. 100.00<br><br>100.00<br><br>100.00 %<br><br>%<br><br>%
Rizing Pte Ltd. Rizing New Zealand Ltd.<br><br>Rizing Philippines Inc.<br><br>Rizing SDN BHD<br><br>Rizing Solutions Pty Ltd Singapore<br><br>New Zealand<br><br>Philippines<br><br>Malaysia<br><br>Australia 100.00<br><br>100.00<br><br>100.00<br><br>100.00 %<br><br>%<br><br>%<br><br>%
Wipro Business Solutions GmbH Germany 100.00 %
Wipro Technology Solutions S.R.L Romania

As at March 31, 2026, Wipro. LLC held 43.7% interest in Drivestream Inc. and Wipro IT Services LLC held 27% interest in SDVcrsc LLC, accounted for using the equity method.

The list of controlled trusts are:

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

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

6. Segment Information

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

IT Services: The IT services segment primarily consists of IT services offerings to customers organized by four Strategic Market Units (“SMUs”) - Americas 1, Americas 2. Europe and Asia Pacific Middle East and Africa (“APMEA”).

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

7

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

Revenue from each customer is attributed to the respective SMUs based on the location of the customer’s primary buying center of such services. With respect to certain strategic global customers, revenue may be generated from multiple countries based on such customer’s buying centers, but the total revenue related to these strategic global customers are attributed to a single SMU based on the geographical location of key decision makers.

Our IT Services segment provides a range of IT and IT enabled services which include digital strategy advisory, customer centric design, technology consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure services, business process services, cloud, mobility and analytics services, research and development and hardware and software design.

IT Products: The Company is a value-added reseller of security, packaged and SaaS software for leading international brands. In certain total outsourcing contracts of the IT Services segment, the Company delivers hardware, software products and other related deliverables. Revenue relating to these items is reported as revenue from the sale of IT Products.

The Chief Executive Officer (“CEO”) and Managing Director of the Company has been identified as the Chief Operating Decision Maker as defined by IFRS 8, “Operating Segments”. The CEO of the Company evaluates the segments based on their revenue growth and operating income.

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

Information on reportable segments for the three months ended March 31, 2026, December 31, 2025, March 31, 2025, year ended March 31, 2026, and March 31, 2025 are as follows:

Particulars Three months ended Year ended
March<br>31, 2026 December<br>31, 2025 March<br>31, 2025 March<br>31, 2026 March<br>31, 2025
Audited Audited Audited Audited Audited
Segment revenue
IT Services
Americas 1 79,844 77,809 73,721 305,571 281,824
Americas 2 67,288 67,708 68,582 269,077 271,972
Europe 65,412 62,405 58,552 244,165 240,077
APMEA 27,623 25,859 23,598 102,340 94,351
Total of IT Services 240,167 233,781 224,453 921,153 888,224
IT Products 2,521 2,565 813 6,940 2,692
Total segment revenue 242,688 236,346 225,266 928,093 890,916
Segment result
IT Services
Americas 1 16,058 16,409 16,195 62,896 58,186
Americas 2 12,181 14,450 15,513 53,138 61,326
Europe 10,092 8,003 8,140 31,083 29,434
APMEA 5,085 3,583 3,672 14,955 12,850
Unallocated (1,899 ) (1,259 ) (4,250 ) (3,426 ) (10,157 )
Total of IT Services 41,517 41,186 39,270 158,646 151,639
IT Products 211 227 28 559 (173 )
Reconciling Items 235 (5,678 ) (211 ) (7,954 ) (195 )
Total segment result 41,963 35,735 39,087 151,251 151,271
Finance expenses (3,701 ) (3,656 ) (3,767 ) (14,577 ) (14,770 )
Finance and other income 8,387 9,232 11,819 36,491 38,202
Share of net profit/ (loss) of associate and joint venture accounted for using the equity<br>method 27 28 291 257 254
Profit before tax 46,676 41,339 47,430 173,422 174,957

8

Notes:

a) “Reconciling Items” includes elimination of inter-segment transactions and other corporate<br>activities.
b) Revenue from sale of Company owned intellectual properties is reported as part of IT Services revenues.
:--- :---
c) For the purpose of segment reporting, the Company has included the net impact of foreign exchange<br>gains/(losses), net in revenues amounting to ₹ 325, ₹ 788, and ₹ 224 for the three months ended March 31, 2026, December 31, 2025, and March 31, 2025, respectively, ₹ 1,853 and ₹ 32 for the year ended March 31, 2026 and March 31, 2025, respectively, which is reported under<br>foreign exchange gains/(losses), net in the consolidated financial results.
:--- :---
d) Restructuring cost of ₹ Nil, ₹ 2,629 and ₹ Nil for the three months ended March 31, 2026, December 31, 2025<br>and March 31, 2025, respectively, ₹ 5,139 and ₹ Nil for the year ended<br>March 31, 2026 and March 31, 2025, respectively, is included under Reconciling Items.
:--- :---
e) Impact of past service cost on gratuity and remeasurement of leave encashment due to implementation of new<br>labour code amounting to ₹ (272) and ₹ 3,028 for the three months ended March 31,<br>2026 and December 31, 2025, respectively, ₹ 2,756 for the year ended March 31, 2026, is included under Reconciling items.
:--- :---
f) “Unallocated” within IT Services segment results is after recognition of the below:
:--- :---
Three months ended Year ended
--- --- :---: --- --- --- --- --- --- --- --- :---: --- --- --- --- ---
Particulars March<br>31, 2026 December<br>31, 2025 March<br>31, 2025 March<br>31, 2026 March<br>31, 2025
Amortization and impairment expenses on intangible assets 1,840 2,652 1,631 7,787 7,909
Change in fair value of contingent consideration ^ ^ (2 ) 49 (169 )
^^^ Value is less than 0.5
:--- :---
g) Segment results of IT Services segment are after recognition of share-based compensation expense ₹ 1,400, ₹ 1,365 and<br>₹ 1,195 for the three months ended March 31, 2026, December 31, 2025 and March 31, 2025, respectively and ₹ 4,465 and ₹ 5,542 for the year ended March 31, 2026 and March 31, 2025, respectively.
:--- :---
h) Segment results of IT Services segment are after recognition of (gain)/loss on sale of property, plant and<br>equipment of ₹ 170, ₹ (33) and ₹ 160 for the three months ended March 31, 2026, December 31, 2025 and March 31, 2025, respectively, and ₹<br>(393) and ₹ (606) for the year ended March 31, 2026 and March 31, 2025 respectively.
:--- :---
7. Decline in the revenue and earnings estimates led to revision of recoverable value of<br>customer-relationship intangible assets and marketing related intangible assets recognized on business combinations. Consequently, the Company has recognized impairment charge of<br>₹ Nil, ₹ 841, and<br>₹ Nil for the three months ended March 31, 2026, December 31, 2025 and March 31, 2025, respectively, ₹ 851, and ₹ 1,155 for the year ended March 31, 2026 and March 31, 2025, as part of depreciation, amortization<br>and impairment expense.
:--- :---
8. Issue of bonus shares
:--- :---

During the year ended March 31, 2025, the company concluded bonus issue in the ratio of 1:1 i.e. 1 (one) bonus equity share of ₹ 2 each for every 1 (one) fully paid-up equity shares held (including ADS holders) was approved by the shareholders of the Company on November 21, 2024. Subsequently, on December 4, 2024, the Company allotted 5,232,094,402 equity shares (including ADS) to shareholders who held equity shares as on the record date of December 3, 2024. The Company also allotted 1:1 bonus equity share on 1,274,805 equity shares (including ADS) under allotment as on the record date. Consequently, ₹ 10,467 (representing par value of ₹ 2 per share) was transferred from capital redemption reserves, securities premium and retained earnings to the share capital.

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

The Company has concluded the salary restructuring exercise in compliance with the Labour Codes. The implementation of the Labour Code has resulted in a net increase of ₹ 2,756 in the provision for gratuity and remeasurement of leave encashment, which has been recognized as employee benefit expense in the current year. The Company continues to monitor the finalization of Central and State Rules, as well as Government clarifications on other aspects of the Labour Codes.

9

10. Audited Consolidated Balance Sheet:

As at March 31, 2025 As at March 31, 2026
ASSETS
Goodwill 325,014 387,399
Intangible assets 27,450 29,176
Property, plant and equipment 80,684 81,787
Right-of-Use assets 25,598 28,287
Financial assets
Derivative assets ^ —
Investments 26,458 28,053
Trade receivables 299 349
Unbilled receivables — 7,433
Other financial assets 4,664 6,259
Investments accounted for using the equity method 1,327 2,126
Deferred tax assets 2,561 5,242
Non-current tax assets 7,230 7,787
Other non-current assets 7,460 9,010
Total non-current assets 508,745 592,908
Inventories<br><br>Financial assets 694 517
Derivative assets 1,820 888
Investments 411,474 437,680
Cash and cash equivalents 121,974 105,555
Trade receivables 117,745 135,901
Unbilled receivables 64,280 76,823
Other financial assets 8,448 10,245
Contract assets 15,795 14,819
Current tax assets 6,417 10,762
Other current assets 29,128 33,164
Total current assets 777,775 826,354
TOTAL ASSETS 1,286,520 1,419,262
EQUITY
Share capital 20,944 20,977
Share premium 2,628 6,158
Retained earnings 716,477 735,057
Share-based payment reserve 6,985 7,920
Special Economic Zone Re-investment reserve 27,778 25,966
Other components of equity 53,497 89,290
Equity attributable to the equity holders of the Company 828,309 885,368
Non-controlling interests 2,138 2,509
TOTAL EQUITY 830,447 887,877
LIABILITIES
Financial liabilities
Loans and borrowings 63,954 1,962
Lease liabilities 22,193 26,327
Accrued expenses — 4,394
Other financial liabilities 7,793 6,743
Deferred tax liabilities 16,443 17,266
Non-current tax liabilities 42,024 48,195
Other non-current liabilities 17,119 23,042
Provisions 294 224
Total non-current liabilities 169,820 128,153
Financial liabilities
Loans, borrowings and bank overdrafts 97,863 165,912
Lease liabilities 8,025 8,709
Derivative liabilities 968 10,978
Trade payables and accrued expenses 88,252 94,924
Other financial liabilities 3,878 11,357
Contract liabilities 20,063 25,434
Current tax liabilities 34,481 49,621
Other current liabilities 31,086 34,801
Provisions 1,637 1,496
Total current liabilities 286,253 403,232
TOTAL LIABILITIES 456,073 531,385
TOTAL EQUITY AND LIABILITIES 1,286,520 1,419,262
^ Value is less than 0.5
:--- :---

10

11. Audited Consolidated statement of cash flows:

Year ended March 31,
2025 2026
Cash flows from operating activities
Profit for the year 132,180 132,655
Adjustments to reconcile profit for the year to net cash generated from operating<br>activities:
Gain on sale of property, plant and equipment, net (606 ) (393 )
Depreciation, amortization and impairment expense 29,579 29,107
Unrealized exchange (gain)/loss, net (623 ) 2,168
Share-based compensation expense 5,551 4,465
Share of net (profit)/loss of associate and joint venture accounted for using equity<br>method (254 ) (257 )
Income tax expense 42,777 40,767
Finance and other income, net of finance expenses (23,432 ) (21,914 )
Change in fair value of contingent consideration (169 ) 49
Lifetime expected credit loss 324 2,838
Changes in operating assets and liabilities, net of effects from acquisitions
(Increase)/Decrease in trade receivables 1,894 (11,442 )
(Increase(/Decrease in unbilled receivables and contract assets (1,331 ) (14,498 )
(Increase(/Decrease in Inventories 213 184
(Increase(/Decrease in other financial assets and other assets 6,609 (205 )
Increase(/Decrease) in trade payables, accrued expenses, other financial liabilities, other<br>liabilities and provisions 548 8,482
Increase(/Decrease) in contract liabilities 2,341 3,555
Cash generated from operating activities before taxes 195,601 175,561
Income taxes paid, net (26,175 ) (26,245 )
Net cash generated from operating activities 169,426 149,316
Cash flows from investing activities:
Payment for purchase of property, plant and equipment (14,737 ) (15,603 )
Proceeds from disposal of property, plant and equipment 1,822 758
Investment in associate — (352 )
Payment for purchase of investments (801,582 ) (837,806 )
Proceeds from sale of investments 706,520 816,732
Payment for business acquisitions including deposits and escrow, net of cash acquired (964 ) (26,033 )
Repayment of security deposit for property, plant and equipment (300 ) —
Interest received 26,212 28,878
Dividend received 2,299 3
Net cash generated from/(used in) investing activities (80,730 ) (33,423 )
Cash flows from financing activities:
Proceeds from issuance of equity shares and shares pending allotment 27 33
Repayment of loans and borrowings (177,672 ) (259,841 )
Proceeds from loans and borrowings 195,595 253,089
Payment of lease liabilities (10,474 ) (11,561 )
Payment for contingent consideration — (648 )
Payment of deferred consideration on business combination — (221 )
Interest and finance expenses paid (8,689 ) (6,336 )
Payment of dividend (62,750 ) (115,206 )
Payment of dividend to Non-controlling interest<br>holders — (569 )
Net cash generated from/(used) in financing activities (63,963 ) (141,260 )
Net increase in cash and cash equivalents during the year 24,733 (25,367 )
Effect of exchange rate changes on cash and cash equivalents 290 8,948
Cash and cash equivalents at the beginning of the year 96,951 121,974
Cash and cash equivalents at the end of the year 121,974 105,555

11

12. Events after the reporting period

a) On April 5, 2026, the Company signed a definitive agreement to acquire Mindsprint, Olam Group’s IT<br>services arm, a provider of technology and digital transformation services for a total consideration of USD 375 million. The acquisition is subject to customary closing conditions and regulatory approvals and is expected to be concluded by<br>quarter ending June 30, 2026.
b) On April 14, 2026, the Company signed a definitive agreement to acquire select customer contracts of Alpha Net<br>Consulting, a provider of enterprise software development, data engineering, and managed services for a total consideration (including earnouts) of USD 70.8 million. The acquisition is subject to customary closing conditions and is expected to<br>be concluded by quarter ending June 30, 2026.
:--- :---
c) On April 16, 2026, the Board of Directors approved a proposal to buyback of equity shares, subject to the<br>approval of shareholders, for purchase by the Company of up to 600,000,000 equity shares of ₹ 2 each (being 5.7% of total number of equity shares) from the<br>shareholders of the Company on a proportionate basis by way of a tender offer at a price of ₹ 250 per equity share for an aggregate amount not exceeding ₹ 150,000, in accordance with the provisions contained in the Securities and Exchange Board of India (Buy-back of Securities)<br>Regulations, 2018, as amended and the Companies Act, 2013 and rules made thereunder.
:--- :---
By order of the Board, For, Wipro Limited
--- --- ---
Place: Bengaluru Rishad A. Premji
Date: April 16, 2026 Chairman

12

EX-99.5

Exhibit 99.5

LOGO

Wipro Limited Highlights for the Quarter ended March 31, 2026 REVENUE QoQ Constant YoY Constant Operating $2.65 Bn Currency Currency Margin 0.2% 0.2% 17.3% STRATEGIC MARKET UNITS MIX 33.2% AMERICAS 1 28.1% AMERICAS 2 27.2% EUROPE 11.5% APMEA SECTOR MIX 34.1% 18.4% 16.8% 16.5% 14.2% Banking, Consumer Technology and Energy, Health Financial Communications Manufacturing Services and Resources and Insurance TOTAL $3.5 Bn Operating Adjusted EPS Note 6 Cash Flow $338 Mn BOOKINGS 13.9% YoY CC ₹ 3.3 3.7% QoQ Operating LARGE DEAL $1.4 Bn cash 90.1% TCV 2.3% YoY Flow/Net 18.5% YoY CC Income Revenue from our IT Services business segment to be in the range of $2,597 million to $2,651 million*. This translates to sequential guidance of -2.0% to 0% in OUTLOOK constant currency terms. for the Quarter ending June 30, 2026 *Outlook for the Quarter ending June 30, 2026, is based on the following exchange rates: GBP/USD at 1.34, Euro/USD at 1.17, AUD/USD at 0.70, USD/INR at 92.35 and CAD/USD at 0.73 CUSTOMER CONCENTRATION TOP1 4.3% 13.8% TOP 10 23.1% TOP 5 TOTAL HEADCOUNT 242,156 ATTRITION VOL – TTM 13.8% OFFSHORE REVENUE NET UTILIZATION 83.5% 62.8% PERCENTAGE OF SERVICES EXCLUDING TRAINEES P a g e 1

LOGO

Wipro Limited Highlights for the Year ended March 31, 2026 REVENUE YoY Constant YoY Reported Operating $10.48 Bn Currency Currency Margin 1.6% 0.3% 17.2% STRATEGIC MARKET UNITS MIX 33.2% AMERICAS 1 29.2% AMERICAS 2 26.5% EUROPE 11.1% APMEA SECTOR MIX 34.1% 18.4% 17.0% 16.0% 14.5% Banking, Consumer Technology and Energy, Health Financial Communications Manufacturing Services and Resources and Insurance TOTAL $16.4 Bn Operating Adjusted EPS Note 6 Cash Flow $ 1,591 Mn BOOKINGS 14.0% YoY CC ₹ 12.8 2.1% YoY Operating LARGE DEAL $7.8 Bn cash 112.6% TCV Flow/Net 45.4% YoY CC Income 1. Board approves Buy-Back for the value of ₹ 150 billion. CAPITAL ALLOCATION 2. The interim dividend of ₹ 11 declared in FY’26 by the Board at its meetings held on July 17th,2025, and January 16th ,2026, shall be considered as final dividend for the financial year 2025-26. CUSTOMER CONCENTRATION TOP1 4.6% 14.3% TOP 10 23.7% TOP 5 TOTAL HEADCOUNT 242,156 ATTRITION VOL – TTM 13.8% OFFSHORE REVENUE NET UTILIZATION 84.5% 61.1% PERCENTAGE OF SERVICES EXCLUDING TRAINEES P a g e 2

LOGO

Wipro Limited Results for the Quarter and Year ended March 31, 2026 FY 25-26 FY 24–25 A IT Services FY Q4 Q3 Q2 Q1 FY Q4 IT Services Revenues ($Mn) 10,478.1 2651.0 2,635.4 2,604.3 2,587.4 10,511.5 2,596.5 Sequential Growth -0.3% 0.6% 1.2% 0.7% -0.3% -2.7% -1.2% Sequential Growth in Constant Currency Note 1 -1.6% 0.2% 1.4% 0.3% -2.0% -2.3% -0.8% Operating Margin % Note 2 17.2% 17.3% 17.6% 16.7% 17.3% 17.1% 17.5% Strategic Market Units Mix Americas 1 33.2% 33.2% 33.2% 33.0% 33.1% 31.7% 32.8% Americas 2 29.2% 28.1% 29.0% 29.6% 30.4% 30.6% 30.6% Europe 26.5% 27.2% 26.7% 26.3% 25.7% 27.1% 26.1% APMEA 11.1% 11.5% 11.1% 11.1% 10.8% 10.6% 10.5% Sectors Mix Banking, Financial Services and Insurance 34.1% 34.1% 34.6% 34.3% 33.6% 34.3% 34.2% Consumer 18.4% 18.4% 18.2% 18.2% 18.6% 19.1% 18.9% Energy, Manufacturing and Resources 17.0% 16.5% 16.3% 17.4% 17.7% 17.2% 17.3% Technology and Communications 16.0% 16.8% 16.0% 15.6% 15.5% 15.3% 15.2% Health 14.5% 14.2% 14.9% 14.5% 14.6% 14.1% 14.4% Total Bookings Total Bookings TCV ($Mn) Note 3 16,449 3,455 3,335 4,688 4,971 14,315 3,955 Large deal TCV ($Mn) Note 4 7,829 1,440 871 2,853 2,666 5,368 1,763 Guidance ($Mn)—2,635-2,688 2,591-2,644 2,560—2,612 2,505—2,557—2,602—2,655 Guidance restated based on—2,645-2,698 2,585-2,638 2,570 – 2,622 2,549 – 2,601—2,591 – 2,644 actual currency realized ($Mn) Revenues performance against guidance—2,651 2,635 2,604 2,587—2,597 ($Mn) P a g e 3

LOGO

FY 25-26 FY 24–25 FY Q4 Q3 Q2 Q1 FY Q4 Customer size distribution (TTM) > $100Mn 16 16 16 16 16 17 17 > $75Mn 29 29 31 29 27 28 28 > $50Mn 45 45 45 45 47 44 44 > $20Mn 106 106 103 104 109 111 111 > $10Mn 183 183 177 177 180 181 181 > $5Mn 289 289 281 272 281 289 289 > $3Mn 391 391 390 393 397 398 398 > $1Mn 715 715 722 730 725 716 716 Revenue from Existing customers % 97.3% 94.7% 96.5% 98.6% 99.6% 99.0% 98.1% Number of new customers 216 30 92 45 49 197 63 Total Number of active customers 1233 1233 1272 1257 1,266 1,282 1,282 Customer Concentration Top customer 4.6% 4.3% 4.7% 4.8% 4.7% 4.3% 4.4% Top 5 14.3% 13.8% 14.4% 14.4% 14.7% 14.0% 14.5% Top 10 23.7% 23.1% 23.7% 24.0% 24.5% 23.3% 24.2% % of Revenue USD 61% 60% 61% 62% 63% 62% 63% GBP 11% 12% 11% 11% 10% 10% 10% EUR 9% 9% 9% 9% 9% 10% 9% INR 5% 5% 5% 4% 4% 4% 4% AUD 4% 4% 4% 4% 3% 4% 3% CAD 3% 3% 3% 3% 3% 3% 3% Others 7% 7% 7% 7% 8% 7% 8% Closing Employee Count 242,156 242,156 242,021 235,492 233,232 233,346 233,346 Sales & Support Staff (IT Services) 14,574 14,574 14,663 14,863 15,131 15,230 15,230 Utilization Note 5 Net Utilization (Excluding Trainees) 84.5% 83.5% 83.1% 86.4% 85.0% 85.6% 84.6% Attrition Voluntary TTM (IT Services excl. DOP) 13.8% 13.8% 14.2% 14.9% 15.1% 15.0% 15.0% DOP % — Post Training Quarterly 8.6% 9.7% 8.5% 8.2% 8.2% 7.8% 7.7% Revenue Mix Note 5 Revenue from FPP 54.3% 55.6% 55.1% 53.0% 53.5% 56.6% 55.5% Offshore Revenue — % of Services 61.1% 62.8% 61.6% 60.2% 59.8% 60.1% 62.1% P a g e 4

LOGO

Growth Metrics B for the Quarter and Year ended March 31, 2026 Note 1 Q4’26 Q4’26 Q4’26 Q4’26 FY’26 FY’26 Reported Reported CC CC Reported CC QoQ% YoY% QoQ% YoY% YoY% YoY% IT Services 0.6% 2.1% 0.2% -0.2% -0.3% -1.6% Strategic Market Units Americas 1 0.3% 3.3% 0.3% 2.9% 4.2% 4.1% Americas 2 -2.6% -6.3% -2.6% -6.7% -4.8% -4.9% Europe 2.6% 6.5% 2.0% 0.0% -2.4% -6.7% APMEA 4.9% 12.0% 3.1% 8.8% 4.4% 4.3% Sectors Banking, Financial Services and Insurance -0.8% 1.8% -1.3% -0.5% -0.7% -1.9% Consumer 2.0% -0.5% 1.7% -2.9% -4.0% -5.5% Energy, Manufacturing and Resources 1.7% -2.3% 1.1% -5.9% -1.7% -3.7% Technology and Communications 5.4% 12.4% 5.3% 10.4% 4.0% 2.9% Health -4.3% 0.6% -4.4% 0.0% 2.5% 2.1% Annexure to Datasheet Segment-wise breakup of C Q4 FY25-26 (INR Mn) Cost of Revenues, S&M and G&A Reconciling Particulars IT Services IT Products Total Items Cost of revenues 170,038 2,246 (370) 171,914 Selling and marketing expenses 13,966 64 (27) 14,003 General and administrative expenses 14,646 0 162 14,808 Total 198,650 2,310 (235) 200,725 Reconciliation for Adjusted Net Income and Three months ended Twelve months ended D Adjusted EPS Mar 31, 2026 Mar 31, 2026 Net Income [A] 35,018 131,974 Add: Impact on gratuity expenses and remeasurement of leave encashment due to -272 2,756 implementation of new Labour Code [B] Less[C]: Tax on [B] 115 -475 Adjusted Net Income [D]: [A+B+C] 34,861 134,255 Adjusted EPS Basic (₹ ) Amounts in INR Mn unless specified 3.3 12.8 Note 1: Constant currency (CC) for a period is the product of volumes in that period times the average actual exchange rate of the corresponding comparative period Note 2: IT Services Operating Margin refers to Segment Results total as reflected in IFRS financials Note 3: Total Bookings refers to the total contract value of all orders that were booked during the period including new orders, renewals, and changes to existing contracts. Bookings do not reflect subsequent terminations or reductions related to bookings originally recorded in prior fiscal periods. Bookings are recorded using then-existing foreign currency exchange rates and are not subsequently adjusted for foreign currency exchange rate fluctuations. The revenues from these contracts accrue over the tenure of the contract. For constant currency growth rates, refer note 1. Note 4: Large deal bookings constitute of deals greater than or equal to $30 million in total contract value terms Note 5: IT Services excluding DOP (Digital Operations and Platforms) and entities which are not integrated in Wipro limited systems at the beginning of current fiscal year. Note 6: Adjusted for impact of past service cost on gratuity and remeasurement of leave encashment due to implementation of new labour code amounting to ₹ (-)272 Mn for the three months ended 31st March 2026 and ₹ 2,756Mn for the year ended 31st March 2026. P a g e 5

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