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6-K 1 d11735d6k.htm 6-K 6-K
 
 

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 January 2026

Commission File Number 001-16139

 

 

Wipro Limited

(Exact name of Registrant as specified in its charter)

 

 

Not Applicable

(Translation of Registrant’s name into English)

Karnataka, India

(Jurisdiction of incorporation or organization)

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 Form 20-F or Form 40-F:

Form 20-F ☒   Form 40-F ☐

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

Yes ☐   No ☒

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

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

Yes ☐   No ☒

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

 

 
 


OUTCOME OF BOARD MEETING

Wipro Limited, a company organized under the laws of the Republic of India (the “Company”), hereby furnishes the Commission with the following information relating to the outcome of the meeting of the Board of Directors of the Company (the “Board”) held over January 15-16, 2026. The following information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

On January 16, 2026, the Company informed the securities exchanges in India on which its securities are listed and the New York Stock Exchange (together, the “Exchanges”) that the Board approved an interim dividend of Rs. 6 per equity share of par value Rs. 2 each to the Members of the Company as on January 27, 2026, payment of which will be made on or before February 14, 2026. The Company also informed the Exchanges that the Board approved the financial results of the Company for the quarter ended December 31, 2025. A copy of such letter to the Exchanges is attached hereto as Item 99.1.


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/ M. Sanaulla Khan

M. Sanaulla Khan

Senior Vice President and Company Secretary

Dated: January 21, 2026


INDEX TO EXHIBITS

 

Item     
99.1    Letter to the Exchanges dated January 16, 2026.
EX-99.1 2 d11735dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

January 16, 2026

The Manager- Listing

National Stock Exchange of India Limited

(NSE: WIPRO)

The Manager- Listing

BSE Limited

(BSE: 507685)

The Market Operations

NYSE, New York

(NYSE: WIT)

Dear Sir/Madam,

Sub: Outcome of Board Meeting

The Board of Directors (“Board”) of Wipro Limited (“Company”), have at their meeting held over January 15-16, 2026, considered and approved the following:

 

  1.

Financial results of the Company for the quarter ended December 31, 2025, as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

 

  2.

Payment of interim dividend of ₹ 6/- per equity share of par value ₹ 2/- each to the Members of the Company as on January 27, 2026, being the Record Date. The payment of Interim Dividend will be made on or before February 14, 2026.

Please find enclosed the Audited Standalone and Consolidated financial results under IndAS and Audited Consolidated financial results under IFRS for the quarter ended December 31, 2025, together with the Auditor’s Report, as approved by the Board today. The financial results are also being made available on the Company’s website at www.wipro.com.

The Board Meeting commenced on January 15, 2026 at 3 PM. The Board of Directors finally approved the financial results for the said period at their meeting held on January 16, 2026, which concluded at 3:35 PM.

Thanking You,

For Wipro Limited

 

LOGO

 

   LOGO

M Sanaulla Khan

Company Secretary

ENCL: As above

 

LOGO


LOGO     

Chartered Accountants

Prestige Trade Tower, Level 19

46, Palace Road, High Grounds

Bengaluru-560 001

Karnataka, India

 

Tel: +91 80 6188 6000

Fax: +91 80 6188 6011

INDEPENDENT AUDITOR’S REPORT ON THE AUDIT OF STANDALONE FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF WIPRO LIMITED

Opinion

We have audited the accompanying Statement of Standalone Financial Results of WIPRO LIMITED (“the Company”), for the three and nine months ended December 31, 2025 (the “Statement”/ “Standalone Financial Results”), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “LODR Regulations”).

In our opinion and to the best of our information and according to the explanations given to us, the Statement:

 

a.

is presented in accordance with the requirements of Regulation 33 of the LODR Regulations; and

 

b.

gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”) prescribed under section 133 of the Companies Act 2013 (“the Act”) read with relevant rules issued thereunder and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information of the Company for the three and nine months ended December 31, 2025.

Basis for Opinion

We conducted our audit of the Standalone Financial Results in accordance with the Standards on Auditing (“SAs”) specified under Section 143(10) of the Act. Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Standalone Financial Results section below. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (“ICAI”) together with the ethical requirements that are relevant to our audit of the Standalone Financial Results under the provisions of the Act and the Rules thereunder and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI’s Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion.

Management’s and Board of Directors’ Responsibilities for the Standalone Financial Results

This Statement, which is the responsibility of the Company’s Board of Directors, and has been approved by them for the issuance. The Statement has been compiled from the related audited Interim Condensed Standalone Financial Statements for the three and nine months ended December 31, 2025. The Company’s Board of Directors are responsible for the preparation and presentation of the Standalone Financial Results that give a true and fair view of the net profit and other comprehensive income and other financial information of the Company in accordance with the recognition and measurement principles laid down in Ind AS 34 prescribed under section 133 of the Act, read with relevant rules issued

 

Regd, Office: One international Center, Tower 3, 32nd floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai-400 013, Maharashtra, India, Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: AAB-8737 thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the LODR Regulations.


LOGO

 

This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Standalone Financial Results that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the Standalone Financial Results, the Management and Board of Directors is responsible for assessing the Company’s ability, to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors is also responsible for overseeing the financial reporting process of the Company.

Auditor’s Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the Standalone Financial Results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Standalone Financial Results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

 

   

Identify and assess the risks of material misstatement of the Standalone Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls.

 

   

Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on effectiveness of such controls.

 

   

Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.

 

   

Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the LODR Regulations.


LOGO

 

   

Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as a going concern.

 

   

Evaluate the overall presentation, structure and content of the Standalone Financial Results, including the disclosures, and whether the Standalone Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.

 

   

Obtain sufficient appropriate audit evidence regarding the Standalone Financial Results of the Company to express an opinion on the Standalone Financial Results.

Materiality is the magnitude of misstatements in the Standalone Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Standalone Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Standalone Financial Results.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal financial controls that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

 

For DELOITTE HASKINS & SELLS LLP
Chartered Accountants
(Firm’s Registration No. 117366W/W- 100018)
LOGO
Anand Subramanian
Partner
(Membership No. 110815)
UDIN:        

Bengaluru, January 16, 2026


WIPRO LIMITED

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

BengaIuru-560035, India

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

AUDITED STANDALONE FINANCIAL RESULTS FOR THE THREE AND NINE MONTHS

ENDED DECEMBER 31, 2025 UNDER Ind AS

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

 

          Three months ended     Nine months ended     Year ended  
    

Particulars

   December 31,
2025
    September 30,
2025
    December 31,
2024
    December 31,
2025
    December 31,
2024
    March 31,
2025
 
  

Income

            

I

  

Revenue from operations

     180,169       177,700       171,241       529,823       511,456       685,750  

II

  

Other income

     10,284       8,923       7,937       39,630       25,456       39,477  
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

III

  

Total Income (I+II)

     190,453       186,623       179,178       569,453       536,912       725,227  
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

IV

   Expenses             
  

a) Purchases of stock-in-trade

     947       987       289       2,202       1,525       2,113  
  

b) Changes in inventories of stock-in-trade

     (45     (146     257       (57     117       90  
  

c) Employee benefits expense

     98,496       98,468       96,002       291,956       288,254       383,850  
  

d) Finance costs

     2,753       2,827       2,862       8,041       7,481       10,018  
  

e) Depreciation, amortisation and impairment expense

     3,563       3,510       3,598       10,694       11,128       15,013  
  

f) Sub-contracting and technical fees

     30,886       30,911       28,463       92,878       83,907       112,812  
  

g) Facility expenses

     3,229       2,728       2,915       9,313       9,063       12,350  
  

h) Travel

     2,432       2,766       2,475       8,399       8,956       11,646  
  

i) Communication

     573       609       542       1,740       1,694       2,335  
  

j) Legal and professional charges

     1,638       1,818       1,713       4,460       4,903       7,189  
  

k) Software license expense for internal use

     4,527       4,264       4,121       12,802       11,829       16,023  
  

1) Marketing and brand building

     636       787       912       2,200       2,284       3,117  
  

m) Other expenses

     2,871       1,947       355       6,555       297       2,546  
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  

Total Expenses (IV)

     152,506       151,476       144,504       451,183       431,438       579,102  
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

V

   Profit before tax (III-IV)      37,947       35,147       34,674       118,270       105,474       146,125  

VI

   Tax expense             
  

a) Current tax

     8,605       9,783       9,149       27,347       27,958       39,934  
  

b) Deferred tax

     1,520       (778     (2,883     (2     (2,386     (2,940
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  

Total tax expense (VI)

     10,125       9,005       6,266       27,345       25,572       36,994  
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

VII

  

Profit for the period (V-VI)

     27,822       26,142       28,408       90,925       79,902       109,131  
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

VIII

  

Other comprehensive income (OCI)

            
  

Items that will not be reclassified to profit or loss:

            
  

Re-measurements of the defined benefit plans, net

     (293     303       (331     (173     372       316  
  

Net change in fair value of investment in equity instruments measured at fair value through OCI

     155       (13     (12     141       (4     (9
  

Deferred taxes relating to items that will not be reclassified to profit or loss

     72       (72     81       45       (97     (73
  

Items that will be reclassified to profit or loss:

            
  

Net change in time value of option contracts designated as cash flow hedges

     186       73       360       (102     (123     (248
  

Net change in intrinsic value of option contracts designated as cash flow hedges

     81       (987     (231     (681     (254     193  
  

Net change in fair value of forward contracts designated as cash flow hedges

     (613     (2,362     (1,486     (2,930     (1,926     (787
  

Net change in fair value of investment in debt instruments measured at fair value through OCI

     (583     (643     78       (526     751       1,189  
  

Deferred taxes relating to items that will be reclassified to profit or loss

     158       895       314       963       445       (24
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  

Total other comprehensive income for the period, net of taxes

     (837     (2,806     (1,227     (3,263     (836     557  
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

IX

  

Total comprehensive income for the period (VII+VIII)

     26,985       23,336       27,181       87,662       79,066       109,688  
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

1


X

  

Paid up equity share capital (Par value ₹2 per share)

     20,974        20,968        20,938        20,974        20,938        20,944  

XI

  

Reserve excluding revaluation reserves as per balance sheet

                    613,930  

XII

  

Earnings per equity share

                 
  

(Equity shares of par value ₹2/- each)

                 
  

(EPS for the three and nine months ended periods are not annualised)

                 
  

Basic (in ₹)

     2.66        2.50        2.71        8.69        7.64        10.44  
  

Diluted (in ₹)

     2.65        2.49        2.71        8.66        7.62        10.40  

 

1.

The audited standalone financial results for the three and nine months ended December 31, 2025 have been approved by the Board of Directors of the Company at its meeting held on January 16, 2026. The Company confirms that its statutory auditors, Deloitte Haskins & Sells LLP have issued audit report with unmodified opinion on the standalone financial results for the three and nine months ended December 31, 2025.

 

2.

The above audited standalone financial results have been prepared on the basis of the audited interim condensed standalone financial statements, which are prepared in accordance with Indian Accounting Standards (“Ind AS”), the provisions of the Companies Act, 2013 (“the Companies Act”), as applicable and guidelines issued by the Securities and Exchange Board of India (“SEBI”). The Ind AS. are prescribed under Section 133 of the Companies Act read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and amendments issued thereafter. All amounts included in the standalone financial results (including notes) are reported in millions of Indian Rupees (₹ in millions) except share and per share data, unless otherwise stated.

 

3.

Vide its 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. The Scheme has-been accounted for under the “Pooling of Interests Method” as prescribed under Appendix C of Ind AS 103, “Business. Combinations” as per the terms of the court order. Prior period numbers have been restated to give effect as if this merger had occurred from the beginning of the preceding period in the financial statements i.e. April 01, 2024.

Accordingly, the carrying value of assets, liabilities and reserves pertaining to these entities as appearing in the consolidated financials statements of Wipro Limited has been recognised in the Standalone financial statements of Wipro Limited on account of merger effective April 01, 2024.

 

4.

The Company publishes these standalone financial results along with the consolidated financial results. In accordance with Ind AS 108, “Operating Segments”, the Company has disclosed the segment information in the interim condensed consolidated financial statements and is incorporated in the consolidated financial results.

 

5.

Gain/(loss) on sale of property, plant and equipment, for the nine months ended December 31, 2025, includes gain on transfer of building of ₹ 405 and for the nine months ended December 31, 2024 and year ended March 31, 2025, includes gain on relinquishment of the lease hold rights of land, and transfer of building along with other assets of ₹ 885.

 

6.

Other expenses are net of insurance claim received of ₹ 1,805 for the nine months ended December 31, 2024 and year ended March 31, 2025.

 

7.

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, oh 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 reserve, securities premium and retained earnings to the share capital.

 

8.

On November 21, 2025, the Government of India notified four Labour Codes, effective immediately, replacing the existing 29 labour laws. In accordance with Ind AS 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 the Statement of Profit and Loss. This approach is consistent with the guidance issued by the Institute of Chartered Accountants of India.

The implementation of the Labour Codes has resulted in an increase of ₹ 2,915 in the provision for defined benefit obligation, which has been recognised as an employee benefit expense in the current reporting period. The Company continues to monitor the finalisation of Central and State Rules, as well as Government clarifications on other aspects of the Labour Codes, and will incorporate appropriate accounting treatment based on these developments as required.

 

2


9.

Events after the reporting period

The Board of Directors in their meeting held on January 16, 2026, declared an interim dividend of ₹ 6/- (U.S.$ 0.07) per equity share and ADR (300% on an equity share of par value of ₹ 2/-).

 

 
By order of the Board,    For, Wipro Limited
  

LOGO

 

Place: Bengaluru    Rishad A. Premji
Date: January 16, 2026    Chairman

 

3


LOGO      

Chartered Accountants

Prestige Trade Tower, Level 19

46, Palace Road, High Grounds

Bengaluru-560 001

Karnataka, India

 

Tel: +91 80 6188 6000

Fax: +91 80 6188 6011

INDEPENDENT AUDITOR’S REPORT ON THE AUDIT OF CONSOLIDATED FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF WIPRO LIMITED

Opinion

We have audited the accompanying Statement of Consolidated Financial Results of WIPRO LIMITED (the “Company”) and its subsidiaries (the Company and its subsidiaries together referred to as “the Group”) for the three and nine months ended December 31, 2025 (“the Statement”/” Consolidated Financial Results”) being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the LODR Regulations”).

In our opinion and to the best of our information and according to the explanations given to us, the Statement:

 

a.

includes the financial results of the entities as listed in note 5 to the Statement;

 

b.

is presented in accordance with the requirements of Regulation 33 of the LODR Regulations; and

 

c.

gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”) prescribed under section 133 of the Companies Act 2013 (“the Act”) read with relevant rules issued thereunder and other accounting principles generally accepted in India of the consolidated net profit and consolidated other comprehensive income and other financial information of the Group for the three and nine months ended December 31, 2025.

Basis for Opinion

We conducted our audit of the Consolidated Financial Results in accordance with the Standards on Auditing (“SAs”) specified under Section 143(10) of the Act. Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Consolidated Financial Results section below. We are independent of the Group in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (“ICAI”) together with the ethical requirements that are relevant to our audit of the Consolidated Financial Results under the provisions of the Act and the Rules thereunder and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI’s Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion.

Management’s and Board of Directors’ Responsibilities for the Consolidated Financial Results

This Statement, which is the responsibility of the Company’s Board of Directors and has been approved by them for the issuance. The Statement has been compiled from the related audited interim condensed consolidated financial statements. The Company’s Board of Directors are responsible for the preparation and presentation of the Consolidated Financial Results that give a true and fair view of the consolidated net profit and consolidated other comprehensive income and other financial information of the Group in accordance with the recognition and measurement principles laid down in the Ind AS 34, prescribed under Section 133 of the Act, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the LODR Regulations.

 

Regd. Office: One International Center, Tower 3, 32nd floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai-400 013, Maharashtra, India. Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: AAB-8737


LOGO

 

The respective Board of Directors of the companies included in the Group are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Group and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the respective financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of Consolidated Financial Results by the Directors of the Company, as aforesaid.

In preparing the Consolidated Financial Results, the respective Management and Board of Directors of the companies included in the Group are responsible for assessing the ability of the respective entities to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate their respective entities or to cease operations, or has no realistic alternative but to do so.

The respective Board of Directors of the companies included in the Group are responsible for overseeing the financial reporting process of the Group.

Auditor’s Responsibilities for the Audit of the Consolidated Financial Results

Our objectives are to obtain reasonable assurance about whether the Consolidated Financial Results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Consolidated Financial Results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

 

   

Identify and assess the risks of material misstatement of the Consolidated Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls.

 

   

Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on effectiveness of such controls.

 

   

Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.

 

   

Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the LODR Regulations.


LOGO

 

 

   

Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the Consolidated Financial Results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Group to cease to continue as a going concern.

 

   

Evaluate the overall presentation, structure and content of the Consolidated Financial Results, including the disclosures, and whether the Consolidated Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.

 

   

Obtain sufficient appropriate audit evidence regarding the financial results of the entities within the Group to express an opinion on the Consolidated Financial Results. We are responsible for the direction, supervision and performance of the audit of financial information of entities included in the Consolidated Financial Results.

Materiality is the magnitude of misstatements in the Consolidated Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Consolidated Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Consolidated Financial Results,

We communicate with those charged with governance of the Company regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal financial controls that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

For DELOITTE HASKINS & SELLS LLP

Chartered Accountants

(Firm’s Registration No. 117366W/W-100018)

LOGO

Anand Subramanian

Partner

(Membership No. 110815)

UDIN:          

Bengaluru, January 16, 2026


WIPRO LIMITED

CIN: L32102KA1945PLC020800; Registered Office: Wipro Limited, Doddakannelli, Sarjapur Road,

Bengaluru - 560035, India

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

AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE THREE AND NINE MONTHS ENDED

DECEMBER 31, 2025 UNDER IND AS

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

 

          Three months ended     Nine months ended     Year ended  
    

Particulars

   December 31,
2025
    September 30,
2025
    December 31,
2024
    December 31,
2025
    December 31,
2024
    March 31,
2025
 
   Income             
I    Revenue from operations      235,558       226,973       223,188       683,877       665,842       890,884  
II    Other income      10,053       9,477       10,041       30,195       26,957       38,840  
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
III    Total Income (I+II)      245,611       236,450       233,229       714,072       692,799       929,724  
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
IV    Expenses             
  

a)  Purchases of stock-in-trade

     2,476       1,056       459       4,077       2,157       2,967  
  

b)  Changes in inventories of stock-in-trade

     (15     (172     318       (66     164       195  
  

c)  Employee benefits expense

     142,009       136,163       133,035       412,447       400,023       533,477  
  

d)  Finance costs

     3,656       3,612       4,146       10,876       11,003       14,770  
  

e)  Depreciation, amortisation and impairment expense

     8,050       6,917       6,765       21,822       22,362       29,579  
  

f)   Sub-contracting and technical fees

     27,667       26,498       25,903       79,743       75,252       100,148  
  

g)  Facility expenses

     4,087       3,519       3,884       11,804       11,954       16,067  
  

h)  Travel

     3,054       3,338       3,164       10,180       10,937       14,095  
  

i)   Communication

     831       891       871       2,519       2,943       3,842  
  

j)   Legal and professional charges

     2,836       2,813       2,842       7,538       8,137       11,270  
  

k)  Software license expense for internal use

     5,701       5,253       5,080       15,915       14,387       19,338  
  

1)  Marketing and brand building

     774       900       1,032       2,557       2,674       3,591  
  

m)   Lifetime expected credit loss/ (write-back)

     973       1,507       (608     2,982       (41     324  
  

n)  Other expenses

     2,201       1,483       1,810       5,162       3,283       5,358  
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
   Total Expenses      204,300       193,778       188,701       587,556       565,235       755,021  
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
V    Share of net profit/ (loss) of associate and joint venture accounted for using the equity method      28       152       5       230       (37     254  
VI    Profit before tax (III-IV+V)      41,339       42,824       44,533       126,746       127,527       174,957  
VII    Tax expense             
   a) Current tax      8,279       11,334       10,829       29,664       32,349       45,405  
   b) Deferred tax      1,610       (1,134     37       (357     (1,121     (2,628
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
   Total tax expense      9,889       10,200       10,866       29,307       31,228       42,777  
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
VIII    Profit for the period (VI-VII)      31,450       32,624       33,667       97,439       96,299       132,180  
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
   Other comprehensive income (OCI)             
   Items that will not be reclassified to profit or loss:             
   Remeasurements of the defined benefit plans, net      (317     314       (325     (320     225       323  
   Net change, in fair value of investment in equity instruments measured at fair value through OCI      (422     (65     (506     (488     (669     (3,619
   Deferred taxes relating to items that will not be reclassified to profit or loss      77       (73     233       92       61       94  
   Items that will be reclassified to profit or loss:             
  

Foreign currency translation differences relating to foreign operations

     4,990       13,187       1,753       24,743       5,447       7,216  
  

Reclassification of foreign currency translation differences on liquidation of subsidiaries to statement of profit and loss

     —        —        —        —        14       (41
  

Net change in time value of option contracts designated as cash flow hedges

     186       73       360       (102     (123     (248
  

Net change in intrinsic value of option contracts designated as cash flow hedges

     81       (987     (231     (681     (254     193  
  

Net change in fair value of forward contracts designated as cash flow hedges

     (727     (2,362     (1,486     (3,093     (2,095     (993
  

Net change in fair value of investment in debt instruments measured at fair value through OCI

     (583     (643     78       (526     751       1,189  
  

Deferred taxes relating to items that will be reclassified to profit or loss

     186       896       314       1,005       493       34  
IX    Total other comprehensive income for the period, net of taxes      3,471       10,340       191       20,630       3,850       4,148  
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
   Total comprehensive income for the period (VIII+IX)      34,921       42,964       33,858       118,069       100,149       136,328  
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

1


X

   Profit for the period attributable to:                  
   Equity holders of the Company      31,190        32,462        33,538        96,956        95,658        131,354  
   Non-controlling interests      260        162        129        483        641        826  
     

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
        31,450        32,624        33,667        97,439        96,299        132,180  
     

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
   Total comprehensive income for the period attributable to:                  
   Equity holders of the Company      34,635        42,730        33,683        1,17,485        99,468        135,480  
   Non-controlling interests      286        234        175        584        681        848  
     

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
        34,921        42,964        33,858        118,069        100,149        136,328  
     

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

XI

   Paid up equity share capital (Par value ₹2 per share)      20,974        20,968        20,938        20,974        20,938        20,944  
     

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

XII

   Reserves excluding revaluation reserves and Non-controlling interests as per balance sheet                     802,697  
                    

 

 

 

XIII

   Earnings per equity share (EPS)                  
  

(Equity shares of par value ₹2/- each)

(EPS for the three and nine months ended periods are not annualised)

Basic (in ₹)

     2.98        3.10        3.21        9.26        9.15        12.56  
   Diluted (in ₹)      2.97        3.09        3.20        9.23        9.13        12.52  

 

1.

The audited consolidated financial results of the Company for the three and nine months ended December 31, 2025, have been approved by the Board of Directors of the Company at its meeting held on January 16, 2026. The Company confirms that its statutory auditors, Deloitte Haskins & Sells LLP have issued audit reports with unmodified opinion on the consolidated financial results for the three and nine months ended December 31,2025.

2.

The above audited consolidated financial results have been prepared on the basis of the audited interim condensed consolidated financial statements for the three and nine months ended December 31, 2025, which are prepared in accordance with Indian Accounting Standards (“Ind AS”), the provisions, of the Companies Act, 2013 (“the Companies Act”), as applicable and guidelines issued by the Securities and Exchange Board of India (“SEBI”).The Ind AS are prescribed under Section 133 of the Companies Act read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and amendments issued thereafter. All amounts included in the consolidated financial 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 nine months ended December 31, 2025, includes gain on transfer of building of ₹ 405 and for the nine months ended December 31, 2024 and year ended March 31, 2025, includes gain on relinquishment of the lease hold rights of land,: and transfer of building along with other assets of ₹ 885.

4.

Other expenses are net of insurance claim received ₹ 1,805 for the nine months ended December 31, 2024 and year ended March 31, 2025.

5.

Employee benefits expense includes impact of past service cost on gratuity due to implementation of new labour code of ₹ 3,028 during the three and nine months ended December 31, 2025.

 

6.

List of subsidiaries, associate and joint venture as at December 31, 2025 arc provided in the table below:

 

Subsidiaries

  

Subsidiaries

  

Subsidiaries

  

Country of 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. Romania     

100.00

^


 

Wipro IT Services Bangladesh Limited

         Bangladesh      100.00

Wipro IT Services UK Societas

   Capco Consulting Middle East FZE(3)      

U.K.

UAE

    

100.00

100.00


  

Designit A/S

 

Wipro Bahrain Limited Co. W.L.L

  

 

Designit Denmark A/S

Designit Germany GmbH

Designit Oslo A/S

Designit Spain Digital, S.L.U

Designit T.L.V Ltd.

  

Denmark

Denmark

Germany

Norway

Spain

Israel

Bahrain

    

100.00

100.00

100:00

100.00

100.00

100.00

100.00


   Wipro Czech Republic IT Services s.r.o.       Czech Republic      100.00

 

2


   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.I       Luxembourg      100.00
      Capco Solution Services GmbH    Germany      100.00
      The Capital Markets Company    Italy      100.00
      Italy Srl      
      Capco Brasil Servicos E    Brazil      99.99
      Consultoria Ltda      
      The Capital Markets Company    Belgium      100.00
      BV(1)      
   PT. WT Indonesia       Indonesia      99.60
   Rainbow Software LLC       Iraq      100.00
   Wipro Arabia Limited       Saudi Arabia      66.67
      Women’s Business Park    Saudi Arabia      100.00
      Technologies Limited      
   Wipro Doha LLC       Qatar      100.00
   Wipro Financial Outsourcing       U.K.      100.00
   Services Limited         
      Wipro UK Limited    U.K.      100.00
   Wipro Gulf LLC       Sultanate of Oman      99.98
   Wipro Information Technology       Netherlands      100.00
   Netherlands BV.         
      Wipro Gulf LLC    Sultanate of      0.02
      Oman   
      Wipro Technologies SA    Argentina      2.62
      Wipro (Thailand) Co. Limited    Thailand      0.03
      Wipro Technologies GmbH    Germany      14.87
      Wipro Do Brasil Sistemas De    Brazil      0.07
      Informatics Ltda      
      Wipro do Brasil Technologia    Brazil      99.44
      Ltda(1)      
      Wipro Information Technology    Kazakhstan      100.00
      Kazakhstan LLP      
      Wipro Outsourcing Services    Ireland      100.00
      (Ireland) Limited      
      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      
      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 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    Australia      100.00
      Ltd(1)      
   Wipro Technologies SA       Argentina      97.38
   Wipro Technologies SA DE CV       Mexico      91.08
   Wipro Technologies South Africa       South Africa      69.42
   (Proprietary) Limited         
      Wipro Technologies Nigeria    Nigeria      99.84
      Limited      
   Wipro Technologies SRL       Romania      100.00
   Wipro (Thailand) Co. Limited       Thailand      99.97
   Wipro Shanghai Limited       China      84.63

 

3


   Wipro Technologies Nigeria 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 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       USA      100.00
      Aggne Global Inc.    USA      60.00
      Cardinal US Holdings, Inc.(1)    USA      100.00
      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, LLC    USA      100.00
      Applied Value Technologies, Inc.    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 Connected Services, Inc.) (4) (5)

         USA      100.00
   Harman Connected Services Mauritius Pvt. Ltd.       Mauritius      100.00
      Harman Connected Services Corporation India Pvt. Ltd.    India      98.40
   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
   Harman Connected Services UK Limited       UK      100.00
      Harman Connected Services Morocco    Morocco      100.00
   Wipro Connected Services US Midco LLC (Formerly known as Harman Connected Services US Midco LLC)       USA      100.00

 

4


      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 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 Networks Pte Limited.

(4) 

The Company, through its subsidiaries, has acquired 100% shareholding in Harman Connected Services Inc. and its subsidiaries, effective December 1, 2025.

(5) 

Wipro Digital Inc., a wholly owned subsidiary, has merged with Harman Connected Services Inc., a step-down subsidiary, effective December 1, 2025.

 

(1) 

Step Subsidiary details of Cardinal US Holdings, Inc., HealthPlan Services, Inc. International 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 Portugal S.A. and Harman Connected Services AB are as follows:

 

Subsidiaries

  

Subsidiaries

  

Subsidiaries

  

Country of
Incorporation

   Holding  

Cardinal US Holdings, Inc.

         USA   
   Capco Consulting Services LLC       USA      100.00
   Capco RISC Consulting LLC       USA      100.00
   The Capital Markets Company LLC       USA      100.00

HealthPlan Services, Inc.

         USA   
   HealthPlan Services Insurance Agency, LLC       USA      100.00

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.

         USA   
   LeanSwift AB       Sweden      100.00

Rizing Intermediate Holdings, Inc.

         USA   
   Rizing Lanka (Private) Ltd.       Sri Lanka      100.00
     

Attune Netherlands B.V.(6)

   Netherlands      100.00
   Rizing Solutions Canada Inc.       Canada      100.00
   Rizing LLC       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 Consulting USA, LLC    USA      100.00
      (Formerly known as Rizing Consulting USA, Inc.)      
      Rizing Pte Ltd.(6)    Singapore      100.00

 

5


The Capital Markets Company BV

         Belgium   
   CapAfric Consulting (Pty) Ltd.       South Africa      100.00
   Capco Belgium B V       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 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
   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.

         USA   
   Wipro Appirio (Ireland) Limited       Ireland      100.00
      Wipro Appirio UK Limited    U.K.      100.00
   Topcoder, LLC       USA      100.00
         USA   

Wipro Designit Services, Inc.

   Wipro Designit Services Limited       Ireland      100.00

Wipro do Brasil Technologia Ltda

         Brazil   
   Wipro do Brasil Servicos Ltda       Brazil      100.00
   Wipro Do Brasil Sistemas De Informatica Ltda       Brazil      96.84
         Portugal   

Wipro Portugal S.A.

   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 GmbH (6)    Germany      100.00
      Wipro IT Services Austria GmbH    Austria      100.00

Harman Connected Services AB

         Sweden   
   Harman Connected Services Solutions (Chengdu) Co. Ltd.       China      100.00

 

6


(6)

Step Subsidiary details of Attune Netherlands B.V., Rizing Pte Ltd. and Wipro Business Solutions GmbH are as follows:

 

Subsidiaries

  

Subsidiaries

  

Subsidiaries

  

 

   Country of
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

         Germany   
   Wipro Technology Solutions S.R.L       Romania      100.00

As at December 31, 2025, 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.

7. Segment information:

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

IT Services: The IT services segment primarily consists of IT Services offerings to customers organised 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 organised by industry sector, while Europe and APMEA are organised by countries.

Americas 1 includes the entire business of Latin America (“LATAM”) and the folio wing, 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 Ind AS 108, “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.

 

7


Information on reportable segments for the three months ended December 31, 2025, September 30, 2025, and December 31, 2024, nine months ended December 31, 2025, December 31, 2024 and year ended March 31, 2025 are as follows:

 

     Three months ended     Nine months ended     Year ended  
     December 31,
2025
    September 30,
2025
    December 31,
2024
    December 31,
2025
    December 31,
2024
    March 31,
2025
 

Particulars

   Audited     Audited     Audited     Audited     Audited     Audited  

Segment revenue

            

IT Services

            

Americas 1

     77,809       74,821       72,010       225,727       208,103       281,824  

Americas 2

     67,708       67,011       68,120       201,789       203,390       271,972  

Europe

     62,405       59,531       59,282       178,753       181,525       240,077  

APMEA

     25,859       25,042       23,439       74,717       70,753       94,351  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total of lT Services

     233,781       226,405       222,851       680,986       663,771       888,224  

IT Products

     2,565       1,126       747       4.419       1,879       2,692  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total segment revenue

     236,346       227,531       223,598       685,405       665,650       890,916  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Segment result

            

IT Services

            

Americas 1

     16,409       15,435       14,966       46,838       41,991       58,186  

Americas 2

     14,450       13,122       15,275       40,957       45,813       61,326  

Europe

     8,003       6,962       7,600       20,991       21,294       29,434  

APMEA

     3,583       3,308       3,667       9,870       9,178       1,2,850  

Unallocated

     (1,259     (1,018     (2,518     (1,527     (5.907     (10,157
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total of IT Services

     41,186       37,809       38,990       117,129       112,369       151,639  

IT Products

     227       101       29       348       (201     (173

Reconciling Items

     (5,678     (81     (53     (8,189     16       (195
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total segment result

     35,735       37,829       38,966       109,288       112,184       151,271  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Finance costs

     (3,656     (3,612     (4,146     (10,876     (11,003     (14,770

Finance and other income

     9.232       8,455       9,708       28,104       26,383       38,202  

Share of net profit/ (loss) of associate and joint venture accounted for using equity method

     28       152       5       230       (37     254  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Profit before tax

     41,339       42,824       44,533       126,746       127,527       174,957  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Notes:

 

  a)

“Reconciling items” includes elimination of inter-segment transactions and other corporate 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 gains/(losses), net in revenues amounting to ₹ 788, ₹ 558 and ₹ 410 for the three months ended December 31, 2025, September 30, 2025, and December 31, 2024 respectively and ₹1,528 and ₹ (192) for the nine months ended December 31, 2025, December 31, 2024 and ₹ 32 for the year ended March 31, 2025, which is reported as a part of Other income in the consolidated financial results.

  d)

Restructuring cost of ₹ 2,629. ₹ Nil and ₹ Nil for the three months ended December 31, 2025, September 30, 2025 and December 31, 2024, respectively and ₹ 5,139 and ₹ Nil for the nine months ended December 31, 2025 and 2024, respectively, and ₹ Nil for the year ended March 31, 2025, is included under Reconciling Items.

  e)

Impact of past service cost on gratuity due to implementation of new labour code amounting to ₹ 3,028 for the three and nine months ended December 31, 2025, respectively is included under Reconciling items.

  (f)

“Unallocated” within IT Services segment results is after recognition of the below:

 

Particulars    Three months ended      Nine months ended     Year ended  
   December 31,
2025
     September 30,
2025
     December 31,
2024
     December 31,
2025
     December 31,
2024
    March 31,
2025
 

Amortisation and impairment expenses on intangible assets

     2,652        1,670        1,577        5,947        6,278       7,909  

Change in fair value of contingent consideration

     ^        ^        —         48        (167     (169

 

  ^

Value is less than ₹ 0.5

  g)

Segment results of IT Services segment. are after recognition of share-based compensation expense ₹ 1,365, ₹ 1,264 and ₹ 1,712 for the three months ended December 31, 2025, September 30, 2025, and December 31, 2024, respectively and ₹ 3,065 and ₹ 4,347 for the nine months ended December 31, 2025, December 31, 2024, respectively and ₹ 5,542 for the year ended March 31, 2025.

 

8


  h)

Segment results of IT Services segment are after recognition of gain ‘(loss) on sale of property, plant and equipment of ₹ 33, ₹ 464 and ₹ (77) for the three months ended December 31, 2025. September 30, 2025, and December 31, 2024, respectively and ₹ 563 and ₹ 766 for the nine months ended December 31, 2025, December 31, 2024. respectively and ₹ 606 for the year ended March 31, 2025.

 

8.

Decline in revenue and earnings estimates led to revision of recoverable value of customer-relationship intangible assets and marketing related intangible assets recognized on business combinations. Consequently, the Company has recognized impairment charge of ₹ 841, ₹ Nil and ₹ Nil for the three months ended December 31, 2025. September 30, 2025 and December 31, 2024, respectively and ₹ 841 and ₹ 1,149 for the nine months ended December 31, 2025 and December 31, 2024, respectively and ₹ 1.155 for the year ended March 31, 2025, as part of depreciation, amortization and impairment expense.

 

9.

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.

 

10.

On November 21, 2025, the Government of India notified four Labour Codes, effective immediately, replacing the existing 29 labour laws. In accordance with Ind AS 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 the Statement of Profit and Loss. This approach is consistent with the guidance issued by the Institute of Chartered Accountants of India.

The implementation of the Labour Codes has resulted in an increase of ₹ 3,028 in the provision for defined benefit obligation. which has been recognised as an employee benefit expense in the current reporting period. The Company continues to monitor the finalisation of Central and State Rules, as well as Government clarifications on other aspects of the Labour Codes, and will incorporate appropriate accounting treatment based on these developments as required.

 

11.

Events after the reporting period

The Board of Directors in their meeting held on January 16, 2026. declared an interim dividend of ₹ 6 /- (U.S.$ 0.07) per equity share and ADR (300% on an equity share of par value of ₹ 2 /-).

 

By order of the Board,    For, Wipro Limited
   LOGO
Place: Bengaluru    Rishad A. Premji
Date: January 16, 2026    Chairman

 

9


LOGO      

Chartered Accountants

Prestige Trade Tower, Level 19

46, Palace Road, High Grounds

Bengaluru-560 001

Karnataka, India

 

Tel: +91 80 6188 6000

Fax: +91 80 6188 6011

INDEPENDENT AUDITOR’S REPORT ON THE AUDIT OF CONSOLIDATED FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF WIPRO LIMITED

Opinion

We have audited the accompanying Statement of Consolidated Financial Results of WIPRO LIMITED (“the Company”) and its subsidiaries (the Company and its subsidiaries together referred to as “the Group”) for the three and nine months ended December 31, 2025 (“the Statement”/“ Consolidated Financial Results”).

In our opinion and to the best of our information and according to the explanations given to us, the Statement gives a true and fair view in conformity with the recognition and measurement principles laid down in the International Accounting Standard 34 “Interim Financial Reporting” (“IAS 34”) as issued by the International Accounting Standards Board (“IASB”) of the consolidated net profit and consolidated total comprehensive income and other financial information of the Group for the three and nine months ended December 31, 2025.

Basis for Opinion

We conducted our audit of the Consolidated Financial Results in accordance with the Standards on Auditing (“SAs”) issued by the Institute of Chartered Accountants of India (“ICAI”). Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Consolidated Financial Results section below, We are independent of the Group in accordance with the Code of Ethics issued by the ICAI together with the ethical requirements that are relevant to our audit of the Statement and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI’s Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion.

Management’s and Board of Directors’ Responsibilities for the Consolidated Financial Results

This Statement, which is the responsibility of the Company’s Board of Directors and has been approved by them for the issuance. The Statement has been compiled from the related audited interim condensed consolidated financial statements. The Company’s Board of Directors are responsible for the preparation and presentation of the Consolidated Financial Results that give a true and fair view of the consolidated net profit and consolidated other comprehensive income and other financial information of the Group in accordance with the recognition and measurement principles laid down in IAS 34 as issued by IASB.

The respective Board of Directors of the companies included in the Group are responsible for maintenance of adequate accounting records for safeguarding the assets of the Group and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the respective financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of this Consolidated Financial Results by the Directors of the Company, as aforesaid.

 

Regd. Office: One International Center, Tower 3, 32nd floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai-400 013, Maharashtra, India. Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: AAB-8737


LOGO

 

In preparing the Consolidated Financial Results, the respective Management and Board of Directors of the companies included in the Group are responsible for assessing the ability of respective entities to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate their respective entities or to cease operations, or has no realistic alternative but to do so.

The respective Board of Directors of the companies included in the Group are responsible for overseeing the financial reporting process of the Group,

Auditor’s Responsibilities for the Audit of the Consolidated Financial Results

Our objectives are to obtain reasonable assurance about whether the Consolidated Financial Results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Consolidated Financial Results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

 

   

Identify and assess the risks of material misstatement of the Consolidated Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

 

   

Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on effectiveness of such controls.

 

   

Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.

 

   

Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the Consolidated Financial Results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Group to cease to continue as a going concern.

 

   

Evaluate the overall presentation, structure and content of the Consolidated Financial Results, including the disclosures, and whether the Consolidated Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.

 

   

Obtain sufficient appropriate audit evidence regarding the financial results of the entities within the Group to express an opinion on the Consolidated Financial Results. We are responsible for the direction, supervision and performance of the audit of financial information of entities included in the Consolidated Financial Results.


LOGO

 

Materiality is the magnitude of misstatements in the Consolidated Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Consolidated Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Consolidated Financial Results.

We communicate with those charged with governance of the Company regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal financial controls that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

For DELOITTE HASKINS & SELLS LLP

Chartered Accountants

(Firm’s Registration No. 117366W/W-100018)

LOGO     

(Anand Subramanian

Partner

(Membership No.110815)

UDIN:         

Bengaluru, January 16, 2026


WIPRO LIMITED

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

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

AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE THREE AND NINE MONTHS ENDED DECEMBER 31, 2025

UNDER IFRS (IASB)

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

 

          Three months ended      Nine months ended      Year ended  
    

Particulars

   December 31,
2025
     September 30,
2025
     December 31,
2024
     December 31,
2025
     December 31,
2024
     March 31,
2025
 
   Income                  
   a) Revenue from operations      235,558        226,973        223,188        683,877        665,842        890,884  
   b) Foreign exchange gains/(losses), net      788        558        410        1,528        (192      32  
     

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

I

   Total income      236,346        227,531        223,598        685,405        665,650        890,916  
     

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
   Expenses                  
  

a)  Purchases of stock-in-trade

     2,476        1,056        459        4,077        2,157        2,967  
  

b)  Changes in inventories of stock-in-trade

     (15      (172      318        (66      164        195  
  

c)  Employee benefits expense

     142,009        136,163        133,035        412,447        400,023        533,477  
  

d)  Depreciation, amortization and impairment expense

     8,050        6,917        6,765        21,822        22,362        29,579  
  

e)  Sub-contracting and technical fees

     27,667        26,498        25,903        79,743        75,252        100,148  
  

f)   Facility expenses

     4,087        3,519        3,884        11,804        11,954        16,067  
  

g)  Travel

     3,054        3,338        3,164        10,180        10,937        14,095  
  

h)  Communication

     831        891        871        2,519        2,943        3,842  
  

i)   Legal and professional fees

     2,836        2,813        2,842        7,538        8,137        11,270  
  

j)   Software license expense for internal use

     5,701        5,253        5,080        15,915        14,387        19,338  
  

k)  Marketing and brand building

     774        900        1,032        2,557        2,674        3,591  
  

1)  Lifetime expected credit loss/ (write-back)

     973        1,507        (608      2,982        (41      324  
  

m)   (Gain)/loss on sale of property, plant and equipment, net

     (33      (464      77        (563      (766      (606
  

n)  Other expenses

     2,201        1,483        1,810        5,162        3,283        5,358  
     

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

II

   Total expenses      200,611        189,702        184,632        576,117        553,466        739,645  
     

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

III

   Finance expenses      3,656        3,612        4,146        10,876        11,003        14,770  

IV

   Finance and other income      9,232        8,455        9,708        28,104        26,383        38,202  

V

   Share of net profit/ (loss) of associate and joint venture accounted for using the equity method      28        152        5        230        (37      254  
     

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

VI

   Profit before tax [I-II-lII+IV+V]      41,339        42,824        44,533        126,746        127,527        174,957  
     

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

VII

   Tax expense      9,889        10,200        10,866        29,307        31,228        42,777  
     

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

VIII

   Profit for the period [VI-VII]      31,450        32,624        33,667        97,439        96,299        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

     (240      238        (231      (231      150        274  
  

Net change in fair value of investment in equity instruments measured at fair value through OCI

     (422      (62      (367      (485      (533      (3,476
  

Items that will be reclassified to profit or loss in subsequent periods

                 
  

Foreign currency translation differences

     5,050        13,355        1,853        24,988        5,569        7,331  
  

Reclassification of foreign currency translation differences on liquidation of subsidiaries to statement of income

     —         —         1        —         14        (41
  

Net change in time value of option contracts designated as cash flow hedges, net of taxes

     139        58        269        (77      (95      (1.89
  

Net change in intrinsic value of option contracts designated as cash flow hedges, net of taxes

     59        (744      (171      (515      (189      146  
  

Net change in fair value of forward contracts designated as cash flow hedges, net of taxes

     (560      (1,772      (1,100      (2,333      (1,555      (745
  

Net change in fair value of investment in debt instruments measured at fair value through OCI, net of taxes

     (495      (565      37        (472      611        963  

 

1


IX   Total other comprehensive income for the period, net of taxes      3,531        10,508        291        20,875        3,972        4,263  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
  Total comprehensive income for the period [VIII+IX]      34,981        43,132        33,958        118,314        100,271        136,443  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
X   Profit for the period attributable to:                  
  Equity holders of the Company      31,190        32,462        33,538        96,956        95,658        131,354  
  Non-controlling interests      260        162        129        483        641        826  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
       31,450        32,624        33,667        97,439        96,299        132,180  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
  Total comprehensive income for the period attributable to:                  
  Equity holders of the Company      34,695        42,898        33,783        117,730        99,590        135,595  
  Non-controlling interests      286        234        175        584        681        848  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
       34,981        43,132        33,958        118,314        100,271        136,443  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
XI   Paid up equity share capital (Par value ₹ 2 per share)      20,974        20,968        20,938        20,974        20,938        20,944  
    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
XII   Reserves excluding revaluation reserves and Non-controlling interests as per balance sheet                     807,365  
                   

 

 

 
XIII   Earnings per share (EPS)                  
  (Equity shares of par value of ₹ 2/- each) (EPS for the three and nine months ended periods are not annualized)                  
  Basic (in ₹ )      2.98        3.10        3.21        9.26        9.15        12.56  
  Diluted (in ₹)      2.97        3.09        3.20        9.23        9.13        12.52  

 

1.

The: audited consolidated financial results of the Company for the three and nine months ended December 31, 2025, have been approved by the Board of Directors of the. Company at its meeting held on January 16, 2026. The Company confirms that its statutory auditors, Deloitte Haskins & Sells LLP have issued an audit report with unmodified opinion on the consolidated financial results for the three and nine months ended December 31, 2025.

 

2.

The above consolidated financial results have been prepared on the basis of the audited interim condensed consolidated financial statements for the three and nine months ended December 31, 2025, which are prepared in accordance with International Financial Reporting Standards and its interpretations (“IFRS”), as issued by the International Accounting Standards Board (“IASB”), All amounts included in the consolidated financial results (including notes) are reported in millions of Indian Rupees (₹ in millions) except share and per share data, unless otherwise stated.

 

3.

(Gain)/Ioss on sale of property, plant and equipment for the nine months ended December 31, 2024 and year ended March 31, 2025, includes gain on relinquishment of the lease hold rights of land, and transfer of building, along with other assets of ₹ (885) and for the nine months ended December 31, 2025, includes gain on transfer of building of ₹ (405).

 

4.

Other expenses are net of insurance claim received of ₹ 1,805 for the nine months ended December 31, 2024 and year ended March 31, 2025.

 

5.

Employee benefits expense includes impact of past service cost on gratuity due to implementation of new labour code of ₹ 3,028 during the three and nine months ended December 31, 2025.

 

6.

List of subsidiaries, associate and joint venture as at December 31, 2025 are provided in the table below:

 

Subsidiaries

  

Subsidiaries

  

Subsidiaries

  

Country of
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

         U.K.      100.00
   Wipro Technologies SRL       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

 

2


               

      Designit Spain Digital, S.L.U    Spain      100.00
      Designit T.L.V Ltd.    Israel      100.00
   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.I       Luxembourg      100.00
      Capco Solution Services GmbH    Germany      100.00
      The Capital Markets Company 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 Technologies 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 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 Kazakhstan 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. Sociedad 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 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

 

3


      Wipro Technologies Nigeria Limited    Nigeria      99.84
   Wipro Technologies SRL       Romania      100.00
   Wipro (Thailand) Co. Limited       Thailand      99.97
   Wipro Shanghai Limited       China      84.63
   Wipro Technologies Nigeria 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. 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       USA      100.00
      Aggne Global Inc.    USA      60.00
      Cardinal US Holdings, Inc.(1)    USA      100.00
      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, lnc.(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

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 Connected Services, Inc.) (4)(5)

         USA      100.00
   Harman Connected Services Mauritius Pvt Ltd.       Mauritius      100.00
      Harman Connected Services Corporation India Pvt. Ltd.    India      98.40
   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
   Harman Connected Services UK Limited       UK      100.00
      Harman Connected Services Morocco    Morocco      100.00

 

26


   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.á.r.l. has transferred its entire shareholding in Capco Consulting Middle East FZE to 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 Networks Pte Limited.

(4) 

The Company, through its subsidiaries, has acquired 100% shareholding in Harman Connected Services Inc. and its subsidiaries, effective December 1, 2025.

(5) 

Wipro Digital Inc., a wholly owned subsidiary, has merged with Harman Connected Services Inc., a step-down subsidiary, effective December 1, 2025.

(1) 

Step Subsidiary details of Cardinal US Holdings, Inc., HealthPlan Services, Inc., International 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 Portugal S.A. and Harman Connected Services AB are as follows:

 

Subsidiaries

  

Subsidiaries

  

Subsidiaries

  

Country of
Incorporation

   Holding  
Cardinal US Holdings, Inc.          USA   
   Capco Consulting Services LLC       USA      100.00
   Capco RISC Consulting LLC       USA      100.00
   The Capital Markets Company LLC       USA      100.00

HealthPian Services, Inc.

         USA   
   HealthPian Services Insurance Agency, LLC       USA      100.00

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.

         USA   
   LeanSwift AB       Sweden      100.00

Rizing Intermediate Holdings, Inc.

         USA   
   Rizing Lanka (Private) Ltd       Sri Lanka      100.00
      Attune Netherlands B.V.(6)    Netherlands      100.00
   Rizing Solutions Canada Inc.       Canada      100.00
   Rizing LLC       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 Consulting USA, LLC (Formerly known as Rizing Consulting USA, Inc.)    USA      100.00
     

Rizing Pte Ltd.(6)

   Singapore      100.00

 

27


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 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
   The Capital Markets
Company s.r.o
    Slovakia      85.00

Wipro Ampion Holdings Pry Ltd

   Wipro Revolution IT
Pry Ltd Wipro
Shelde Australia Pty Ltd
    Australia

Australia

Australia

    

100.00

100.00


Wipro Appirio, Inc.

   Wipro Appirio (Ireland)

Limited

 

Topcoder, LLC

  Wipro Appirio UK Limited   USA

Ireland

U.K.

USA

    

100.00

100.00

100.00


Wipro Designit Services, Inc.

   Wipro Designit Services
Limited
    USA

Ireland

     100.00

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
    Brazil      3.09
   Informatica Ltda       
   Wipro Technologies
GmbH
    Germany      85.13
     Wipro Business Solutions
GmbH (6)
  Germany      100.00
     Wipro IT Services Austria
GmbH
  Austria      100.00

Harman Connected Services AB

   Harman Connected
Services Solutions
(Chengdu) Co. Ltd.
    Sweden
China
     100.00

 

(6) 

Step Subsidiary details of Attune Netherlands B.V., Rizing Pte Ltd. and Wipro Business Solutions GmbH are as follows:

 

6


Subsidiaries

   Subsidiaries   

Subsidiaries

        Country of
Incorporation
 

Attune Netherlands B.V.

   Rizing Germany GmbH
Attune Italia S.R.L Attune
UK Ltd.
     

Netherlands

Germany

Italy

U.K.

    

100.00

100.00

100.00


Rizing Pte Ltd.

   Rizing New Zealand Ltd.
Rizing Philippines Inc.
Rizing SDN BHD
Rizing Solutions Pty Ltd
     

Singapore

New Zealand

Philippines

Malaysia

Australia

    

100.00

100.00

100.00

100.00


Wipro Business Solutions GmbH

   Wipro Technology Solutions
S.R.L
     

Germany

Romania

     100.00

As at December 31, 2025, 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.

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.

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 1FRS 8, “Operating Segments”, The CEO of the Company evaluates the segments based on their revenue growth and operating income.

 

7


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 December 31, 2025, September 30, 2025, December 31, 2024, nine months ended December 31, 2025, December 31, 2024, and year ended March 31, 2025 are as follows:

 

Particulars

   Three months ended     Nine months ended     Year ended  
   December 31,
2025
    September 30,
2025
    December 31,
2024
    December 31,
2025
    December 31,
2024
    March 31,
2025
 
   Audited     Audited     Audited     Audited     Audited     Audited  

Segment revenue

            

IT Services

            

Americas 1

     77,809       74,821       72,010       225,727       208,103       281,824  

Americas 2

     67,708       67,011       68,120       201,789       203,390       271,972  

Europe

     62,405       59,531       59,282       178,753       181,525       240,077  

APMEA

     25,859       25,042       23,439       74,717       70,753       94,351  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total of IT Services

     233,781       226,405       222,851       680,986       663,771       888,224  

IT Products

     2,565       1,126       747       4,419       1,879       2,692  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total segment revenue

     236,346       227,531       223,598       685,405       665,650       890,916  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Segment result

            

IT Services

            

Americas 1

     16,409       15,435       14,966       46,838       41,991       58,186  

Americas 2

     14,450       13,122       15,275       40,957       45,813       61,326  

Europe

     8,003       6,962       7,600       20,991       21,294       29,434  

APMEA

     3,583       3,308       3,667       9,870       9,178       12,850  

Unallocated

     (1,259     (1,018     (2,518     (1,527     (5,907     (10,157
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total of IT Services

     41,186       37,809       38,990       117,129       112,369       151,639  

IT Products

     227       101       29       348       (201     (173

Reconciling Items

     (5,678     (81     (53     (8,189     16       (195
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total segment result

     35,735       37,829       38,966       109,288       112,184       151,271  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Finance expenses

     (3,656     (3,612     (4,146     (10,876     (11,003     (14,770

Finance and other income

     9,232       8,455       9,708       28,104       26,383       38,202  

Share of net profit/ (loss) of associate and joint venture accounted for using the equity method

     28       152       5       230       (37     254  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Profit before tax

     41,339       42,824       44,533       126,746       127,527       174,957  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Notes:

 

  a)

“Reconciling Items” includes elimination of inter-segment transactions and other corporate 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 gains/(losses), net in revenues amounting to ₹ 738, ₹ 558, and ₹ 410 for the three months ended December 31, 2025, September 30, 2025 and December 31, 2024, respectively, ₹ 1,528 and ₹ (192) for the nine months ended December 31, 2025, December 31, 2024, and ₹ 32 for the year ended March 31, 2025, which is reported under foreign exchange gains/(losses), net in the consolidated financial results.

  d)

Restructuring cost of ₹ 2,629, ₹ Nil and ₹ Nil for the three months ended December 31, 2025, September 30, 2025 and December 31, 2024, respectively and ₹ 5,139 and ₹ Nil for the nine months ended December 31, 2025 and 2024, respectively, and ₹ Nil for the year ended March 31, 2025, is included under Reconciling Items,

  e)

Impact of past service cost on gratuity due to implementation of new labour code amounting: to ₹ 3,028 for the three and nine months ended December 31, 2025, respectively is included under Reconciling items.

  f)

“Unallocated” within IT Services segment results is after recognition of the below:

 

     Three months ended      Nine months ended     Year ended  
   December 31,
2025
     September 30,
2025
     December 31,
2024
     December 31,
2025
     December 31,
2024
    March 31,
2025
 

Amortisation and impairment expenses on intangible assets

     2,652        1,670        1,577        5,947        6,278       7,909  

Change in fair value of contingent consideration

     ^        ^        —         48        (167     (169

^ Value is less than 0.5

 

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  g)

Segment results of IT Services segment are after recognition of share-based compensation expense ₹ 1,365, ₹ 1,264 and ₹ 1,712 for the three months ended December 31, 2025, September 30, 2025 and December 31, 2024, respectively and ₹ 3,065 and ₹ 4,347 for the nine months ended December 31. 2025, December 31, 2024, respectively and ₹ 5,542 for the year ended March 31, 2025.

  h)

Segment results of IT Services segment are after recognition of (gain)/loss on sale of property, plant and equipment of ₹ (33), ₹ (464) and ₹ 77 for the three months ended December 31, 2025, September 30, 2025 and December 31, 2024, respectively, and ₹ (563) and ₹ (766) for the nine months ended December 31, 2025, December 31, 2024, respectively, and ₹ (606) for the year ended March 31, 2025.

 

7.

Decline in the revenue and earnings estimates led to revision of recoverable value of customer-relationship intangible assets and marketing related intangible assets recognized on business combinations, Consequently, the Company has recognized impairment charge of ₹ 841, ₹ Nil, and ₹ Nil for the three months ended December 31, 2025, September 30, 2025 and December 31, 2024, respectively, and ₹ 841, and ₹ 1,149 for the nine months ended December 31, 2025 and December 31, 2024, respectively, and ₹ 1,155 for the year ended March 31, 2025, as part of depreciation, amortization 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.l (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, 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 the Statement of Income. This approach is consistent with the guidance issued by the Institute of Chartered Accountants of India.

The implementation of the Labour Codes has resulted in an increase of ₹ 3,028 in the provision for defined benefit obligation, which has been recognized as an employee benefit expense in the current reporting period. The Company continues to monitor the finalization of Central and State Rules, as well as Government clarifications on other aspects of the Labour Codes, and will incorporate appropriate accounting treatment based on these developments as required.

 

10.

Events after the reporting period

The Board of Directors in their meeting held on January 16, 2026. declared an interim dividend of ₹ 6 /- (U.S.$ 0.07) per equity share and ADR (300% on an equity share of par value of ₹ 2 /-).

 

By order of the Board,    For. Wipro Limited
   LOGO
Place: Bengaluru    Rishad A. Premji
Date: January 16. 2026    Chairman    

 

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