Workflow
Wipro(WIT) - 2022 Q3 - Earnings Call Presentation

Financial Performance - IT Services Revenue reached $2.64 billion[2] - IT Services demonstrated QoQ growth of 3.0% and YoY growth of 28.5% on a constant currency basis[2] - IT Services Operating Margin was 17.6%[3] - Operating Profit (Wipro Ltd) was ₹35.5 billion[3] - Net Income was ₹29.7 billion[5] - Earnings Per Share (EPS) was ₹5.43[5] - Net Income YoY growth was 0.1% and EPS YoY growth was 4.2%[5] Customer & Deal Highlights - The number of customers in the >$100 million account category increased from 10 to 17 YoY[9] - The number of customers in the >$75 million account category increased from 24 to 29 YoY[9] - The number of customers in the >$50 million account category increased from 38 to 47 YoY[9] - Order book in ACV terms grew 27% on a year-to-date basis[9] - The company closed 11 large deals, resulting in a TCV of over $600 million[9] Cash Flow - Free Cash Flow as a percentage of Net Income was 82.4% for the quarter and 79.1% for the nine-month period[13] Outlook - The company expects revenue from its IT Services business to be in the range of $2.692 billion to $2.745 billion for the quarter ending March 31, 2022, representing QoQ growth of 2.0% to 4.0%[11]