Wipro Announces Results for the Quarter and Year Ended March 31, 2025

 

WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

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

 

 

 

 

 

 

 

 

 

 

 

As at March 31, 2024

 

As at March 31, 2025

 

 

 

 

 

 Convenience translation into US dollar in millions (unaudited)

ASSETS

 

Goodwill

 

 

                         316,002 

 

                         325,014 

 

                                      3,804 

Intangible assets

 

 

                           32,748 

 

                           27,450 

 

                                         321 

Property, plant and equipment

 

 

                           81,608 

 

                           80,684 

 

                                         944 

Right-of-Use assets

 

 

                           17,955 

 

                           25,598 

 

                                         300 

Financial assets

 

 

 

 

 

 

 

Derivative assets 

 

 

                                  25 

 

 ^ 

 

 ^ 

Investments 

 

 

                           21,629 

 

                           26,458 

 

                                         310 

Trade receivables 

 

 

                             4,045 

 

                                299 

 

                                             3 

Other financial assets

 

 

                             5,550 

 

                             4,664 

 

                                           54 

Investments accounted for using the equity method

 

 

                             1,044 

 

                             1,327 

 

                                           16 

Deferred tax assets

 

 

                             1,817 

 

                             2,561 

 

                                           30 

Non-current tax assets

 

 

                             9,043 

 

                             7,230 

 

                                           85 

Other non-current assets

 

 

                           10,331 

 

                             7,460 

 

                                           87 

Total non-current assets

 

 

                         501,797 

 

                         508,745 

 

                                      5,954 

Inventories

 

 

                                907 

 

                                694 

 

                                             8 

Financial assets

 

 

 

 

 

 

 

Derivative assets

 

 

                             1,333 

 

                             1,820 

 

                                           21 

Investments

 

 

                         311,171 

 

                         411,474 

 

                                      4,817 

Cash and cash equivalents

 

 

                           96,953 

 

                         121,974 

 

                                      1,428 

Trade receivables

 

 

                         115,477 

 

                         117,745 

 

                                      1,378 

Unbilled receivables

 

 

                           58,345 

 

                           64,280 

 

                                         753 

Other financial assets 

 

 

                           10,536 

 

                             8,448 

 

                                           99 

Contract assets

 

 

                           19,854 

 

                           15,795 

 

                                         185 

Current tax assets

 

                             6,484 

 

                             6,417 

 

                                           75 

Other current assets

 

 

                           29,602 

 

                           29,128 

 

                                         341 

Total current assets

 

 

                         650,662 

 

                         777,775 

 

                                      9,105 

 

 

 

 

 

 

TOTAL ASSETS

 

 

                      1,152,459 

 

                      1,286,520 

 

                                    15,059 

 

EQUITY

 

 

 

 

 

 

 

Share capital

 

 

                           10,450 

 

                           20,944 

 

                                         245 

Share premium

 

 

                             3,291 

 

                             2,628 

 

                                           31 

Retained earnings

 

 

                         630,936 

 

                         716,477 

 

                                      8,387 

Share-based payment reserve

 

 

                             6,384 

 

                             6,985 

 

                                           82 

Special Economic Zone re-investment reserve

 

 

                           42,129 

 

                           27,778 

 

                                         325 

Other components of equity

 

 

                           56,693 

 

                           53,497 

 

                                         626 

Equity attributable to the equity holders of the Company

 

 

                         749,883 

 

                         828,309 

 

                                      9,696 

Non-controlling interests

 

 

                             1,340 

 

                             2,138 

 

                                           25 

TOTAL EQUITY

 

 

                         751,223 

 

                         830,447 

 

                                      9,721 

 

LIABILITIES

 

 

 

 

 

 

 

Financial liabilities

 

 

 

 

 

 

 

Loans and borrowings

 

 

                           62,300 

 

                           63,954 

 

                                         749 

Lease liabilities 

 

 

                           13,962 

 

                           22,193 

 

                                         260 

Derivative liabilities   

 

 

                                    4 

 

                                   –   

 

                                            –   

Other financial liabilities

 

 

                             4,985 

 

                             7,793 

 

                                           91 

Deferred tax liabilities

 

 

                           17,467 

 

                           16,443 

 

                                         192 

Non-current tax liabilities

 

 

                           37,090 

 

                           42,024 

 

                                         492 

Other non-current liabilities

 

 

                           12,970 

 

                           17,119 

 

                                         200 

Provisions 

 

 

                                   –   

 

                                294 

 

                                             3 

 Total non-current liabilities 

 

 

                         148,778 

 

                         169,820 

 

                                      1,987 

Financial liabilities

 

 

 

 

 

 

 

Loans, borrowings and bank overdrafts

 

 

                           79,166 

 

                           97,863 

 

                                      1,146 

Lease liabilities

 

 

                             9,221 

 

                             8,025 

 

                                           94 

Derivative liabilities

 

 

                                558 

 

                                968 

 

                                           11 

Trade payables and accrued expenses

 

 

                           88,566 

 

                           88,252 

 

                                      1,033 

Other financial liabilities 

 

 

                             2,272 

 

                             3,878 

 

                                           45 

Contract liabilities

 

 

                           17,653 

 

                           20,063 

 

                                         235 

Current tax liabilities

 

 

                           21,756 

 

                           34,481 

 

                                         404 

Other current liabilities

 

 

                           31,295 

 

                           31,086 

 

                                         364 

Provisions

 

 

                             1,971 

 

                             1,637 

 

                                           19 

Total current liabilities

 

 

                         252,458 

 

                         286,253 

 

                                      3,351 

TOTAL LIABILITIES

 

 

                         401,236 

 

                         456,073 

 

                                      5,338 

 

TOTAL EQUITY AND LIABILITIES

 

 

                      1,152,459 

 

                      1,286,520 

 

                                    15,059 

 

 

 

 

 

 

^ Value is less than 0.5