Wipro Limited (NYSE:WIT) Q1 2022 Earnings Conference Call July 15, 2021 9:45 AM ET Company Participants Aparna Iyer - Vice President and Corporate Treasurer Thierry Delaporte - Chief Executive Officer and Managing Director Jatin Dalal - Chief Financial Officer Saurabh Govil - President and Chief HR Officer Conference Call Participants Sudheer Guntupalli - ICICI Securities Sandip Agarwal - Edelweiss Nitin Padmanabhan - Investec Dipesh Mehta - Emkay Global Kawaljeet Saluja - Kotak Sumeet Jain - Goldman Sachs ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ Registration statement pursuant to Section 12(b) or (g) of the Securities Exchange Act of 1934 OR ☒ Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended March 31, 2021 OR ☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to OR ☐ Shell Company Report pursuant to Section 13 or 15(d) of th ...

Wipro Ltd. (NYSE:WIT) Q4 2021 Earnings Conference Call April 15, 2021 9:45 AM ET Corporate Participants Aparna Iyer - VP, Finance, Corporate Treasurer and IR Thierry Delaporte - Managing Director and Chief Executive Officer Jatin Dalal - President and Chief Financial Officer Saurabh Govil - President and Chief HR Officer Conference Call Participants Sudheer Guntupalli - ICICI Securities Moshe Katri - Wedbush Manik Taneja - JM Financial Dipesh Mehta - Emkay Global Nitin Padmanabhan - Investec Sandeep Shah - ...

Public Financial Performance for the Quarter and Year ended March 31, 2021 Jatin Dalal Chief Financial Officer Wipro Limited Revenue for the Quarter $ 2.15 Bn IT Services Revenue | USD ₹ 162.5 Bn Gross Revenue | INR IT services Growth on Constant Currency Basis: QoQ: 3.0% YoY: 0.5% $ Mn INR Mn Public © confidential 2 | --- | --- | --- | --- | --- | --- | |----------------------------|------------------------------|--------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | Revenue for the ...

Wipro Ltd (NYSE:WIT) Q3 2021 Earnings Conference Call January 13, 2020 9:15 AM ET Company Participants Aparna Iyer - VP, Finance, Corporate Treasurer & IR Thierry Delaporte - MD, CEO & Director Jatin Dalal - President & CFO Saurabh Govil - President & Chief HR Officer Conference Call Participants Moshe Katri - Wedbush Securities Sandeep Shah - Equirus Securities Sandip Agarwal - Edelweiss Securities Sudheer Guntupalli - ICICI Securities Limited Girish Pai - Nirmal Bang Securities Abhishek Shindadkar - Elara ...

Public Performance for the Quarter ended December 31, 2020 Jatin Dalal Chief Financial Officer Wipro Limited Revenue for the quarter -1.1% YoY | --- | --- | --- | --- | |---------------------------------------------------------------------------------------|----------|----------------|----------| | | | | | | | $2,094.8 | | $2,071.0 | | | | $1,992.4 | | | IT Services $ Revenue Mn QoQ & YoY growth on Constant Currency* basis is 3.4% & -2.0% | | | | | | Q3'20 | Q2'21 1.3% YoY | Q3'21 | | | 154,705 | 151,145 | ...

Financial Data and Key Metrics Changes - The company reported a revenue growth of 3.7% in reported terms and 2% in constant currency terms, driven by a robust pickup in volumes [13][20] - Operating margins expanded by 20 basis points to 19.2%, aided by operational improvements and a higher offshore mix [16][20] - Operating cash flow was strong, with 127% of operating cash flow as a percentage of EBITDA and free cash flow at 164% of net income, resulting in a net cash position of $4.6 billion [21][22] Business Line Data and Key Metrics Changes - The consumer sector is expected to grow faster due to solid deal wins, while financial services may be impacted by furloughs [14] - Energy, utilities, and technology sectors are anticipated to return to growth in Q3, with moderate growth in communications, manufacturing, healthcare, and life sciences [14] Market Data and Key Metrics Changes - The demand environment has improved from Q1, with increased sales activity and a robust pipeline, although decision-making for larger deals remains slower [15] Company Strategy and Development Direction - The company aims to focus on absolute growth, prioritizing relevant markets and sectors, expanding offerings beyond IT, investing in talent, and simplifying the operating model [11][12] - The strategic focus includes enhancing partnerships and driving digital transformation for clients, particularly in cloud, automation, and AI [7][10] Management's Comments on Operating Environment and Future Outlook - Management noted that the pandemic has accelerated the need for digital transformation among clients, with a strong emphasis on cloud and modernization [6][8] - The company is optimistic about sustaining growth momentum and is focused on executing its strategic priorities to bridge the growth gap with competitors [73] Other Important Information - The company announced a buyback of INR 9,500 crores, subject to shareholder approval, as a return of cash to shareholders [22] - An acquisition of Eximius Design, a player in VLSI and system design, was also announced [23] Q&A Session Summary Question: Insights on potential leadership sectors and market focus - Management emphasized the importance of focusing on sectors like banking, insurance, consumer, and retail for leadership positions, particularly in the U.S. and German markets [28][29] Question: Growth driven by demand vs. supply resumption - Management clarified that the growth observed was primarily market-led and not just a resumption of supply [33] Question: Application services outlook - Management expressed confidence in growth for application services, driven by cloud migration and data management needs [44] Question: Changes required for strategic priorities - Management acknowledged that changes are necessary but emphasized that the focus remains on market execution rather than internal restructuring [60][61] Question: Balancing internal changes with market focus - Management reiterated that the changes are enablers for market focus and not a distraction from client engagement [62] Question: Concerns about internal bureaucracy with fewer P&Ls - Management argued that reducing P&Ls would enhance agility by empowering client-facing teams to make decisions more effectively [53][84] Question: Timeline for achieving sustainable growth - Management did not provide a specific timeline but expressed confidence in closing the growth gap with competitors over time [73]

Public Performance for the Quarter ended September 30, 2020 Jatin Dalal Chief Financial Officer Wipro Limited Revenue for the quarter -2.8% YoY | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------------|------------------|------------------|-------|-----------------| | IT Services $ Revenue Mn QoQ & YoY growth on Constant Currency* basis is 2.0% & -3.4% | $2,048.9 \nQ2'20 | $1,921.6 \nQ1'21 | | 1,992.4 \nQ2'21 | | | | | | | | | | -0.1% YoY | | | ...

Wipro Limited (NYSE:WIT) Q1 2021 Earnings Conference Call July 14, 2020 9:15 AM ET Company Participants Aparna Iyer - Vice President and Corporate Treasurer Thierry Delaporte - Chief Executive Officer and Managing Director Jatin Dalal - Chief Financial Officer Bill Stith - Senior Vice President and Global Head of Health Business Saurabh Govil - President and Chief Human Resource Officer Angan Guha - Head of Banking and Financial Services Bhanumurthy Ballapuram - Chief Operating Officer Conference Call Parti ...

ended June 30, 2020 Jatin Dalal | --- | --- | --- | |-------|-------|---------------------------------------| | | | | | | | | | | | Performance for the Quarter | | | | Chief Financial Officer Wipro Limited | Public Revenue for the quarter IT Services $ Revenue Mn QoQ & YoY growth on Constant Currency* basis is -7.5% & -4.4% -5.7% YoY $2,073.7 $2,038.8 $1,921.6 Q1'20 Q4"20 Q1'21 Gross Revenue in INR Mn 1.3% YoY 157,110 149,131 -5.1% QoQ 147,161 Q1'20 Q4'20 Q1'21 *Non-GAAP measures walk has been provided in t ...