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Other operating income
 12 Months Ended
Mar. 31, 2020
Text block [abstract]  
Other operating income
26. Other operating income
Year ended March 31, 2019
Sale of hosted data center services business:
During the
y
ear ended March 31, 2019, the Company has concluded the divestment of its hosted data center services business.
The calculation of the gain on sale is shown below:
 
Particulars
  
Total
 
Cash consideration (net of disposal costs of
₹
660)
  
₹
25,432
 
Less: Carrying amount of net assets disposed (including goodwill of
₹
13,009)
  
 
(26,455
) 
Add: Reclassification of exchange difference on foreign currency translation
  
 
4,131
 
 
  
 
 
 
Gain on sale
  
₹
3,108
 
 
  
 
 
 
In accordance with the sale agreement, total cash consideration is
₹
28,124 and the Company paid
₹
3,766 to subscribe for units issued by the buyer. Units amounting to
₹
2,032 are callable by the buyer if certain business targets committed by the Company are not met over a period of three years. The fair value of these callable units is estimated to be insignificant as at reporting date. Consequently, the sale consideration comprises cash consideration of
₹
24,358 and units issued by the buyer amounting to
₹
1,734.
Loss of control in subsidiary:
During the year ended March 31, 2019, the Company has reduced its equity holding from 74% to 11% in Wipro Airport IT Services Limited. The loss/ gain on this transaction is insignificant.
The assets and liabilities associated with these transactions were classified as assets held for sale and liabilities directly associated with assets held for sale amounting to
₹
27,201 and
₹
6,212 respectively as at March 31, 2018.
Sale of Workday business and Cornerstone OnDemand business
:
During the year ended March 31, 2019, the Company has concluded the Sale of Workday business and Cornerstone OnDemand business except in Portugal, France and Sweden.
 
The calculation of the gain is as shown below:
 
Particulars
  
Total
 
Cash consideration
  
₹
6,645
 
Less: Carrying amount of net assets disposed (includes goodwill of
₹
4,893 and intangible assets of
₹
740)
  
 
(5,475
) 
Add: Reclassification of exchange difference on foreign currency translation
  
 
79
 
 
  
 
 
 
Gain on sale
  
₹
1,249
 
 
  
 
 
 
Assets pertaining to Portugal, France, and Sweden expected to conclude in the quarter ending June 30, 2019, subject to obtaining regulatory approvals are classified as assets held for sale amounting to
₹
240 as at March 31, 2019.
These disposal groups do not constitute a major component of the Company and hence were not classified as discontinued operations.
Year ended March 31, 2020
During the year ended March 31, 2020, the Company concluded the sale of assets pertaining to Workday business and Cornerstone OnDemand business in Portugal, France, and Sweden. A gain of
₹
152 arising from such transaction has been recognized under other operating income.
During the year ended March 31, 2020, the Company has partially met the first year and second year business targets pertaining to sale of data center business concluded during the year ended March 31, 2019. Change in fair value of the callable units pertaining to achievement of the business targets amounting to
₹
992 for the year ended March 31, 2020, has been recognized under other operating income.