EX-99.3 4 d553426dex993.htm EX-99.3

EX-99.3

Exhibit 99.3

Wipro Limited

Extract of audited financial results of Wipro Limited and its subsidiaries for the quarter ended December 31, 2019

Consolidated Audited Financial Results of Wipro Limited under IFRS

		(₹ in millions, except share and per  share data, unless otherwise stated)
Particulars		Quarter ended December 31, 2019				Nine months ended December 31, 2019				Quarter ended December 31, 2018
Total income from operations (net)			155,432				456,047				151,506
Net Profit / (Loss) before tax, exceptional and extraordinary items			30,793				92,856				32,410
Net Profit / (Loss) before tax but after exceptional and extraordinary items			30,793				92,856				32,410
Net Profit / (Loss) after tax, exceptional and extraordinary items			24,629				74,262				25,444
Total Comprehensive Income after tax			24,926				77,151				25,867
Equity Share Capital			11,426				11,426				9,050
Reserves excluding Revaluation Reserve			528,228				528,228				538,066
Earnings Per Share (after extraordinary items) (of ₹ 2/- each)
Basic:			4.31				12.58				4.18
Diluted:			4.30				12.55				4.17

The audited interim consolidated financial results of the Company for the three and nine months ended December 31, 2019, have been approved by the Board of Directors of the Company at its meeting held on January 14, 2020. The statutory auditors have expressed an unmodified audit opinion.

Financial Results of Wipro Limited under Ind AS

The interim condensed financial results 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 Act read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) Amendment Rules, 2016.

These financial statements, are prepared in accordance with Ind AS.

Consolidated Audited Financial Results of Wipro Limited under Ind AS

Particulars		Quarter ended December 31, 2019				Nine months ended December 31, 2019				Quarter ended December 31, 2018
Total income from operations (net)			154,705				453,871				150,595
Net Profit / (Loss) before tax, exceptional and extraordinary items			30,794				92,861				32,412
Net Profit / (Loss) before tax but after exceptional and extraordinary items			30,794				92,861				32,412
Net Profit / (Loss) after tax, exceptional and extraordinary items			24,630				74,266				25,445
Total Comprehensive Income after tax			24,897				77,031				26,020
Equity Share Capital			11,426				11,426				9,050
Reserves excluding Revaluation Reserve			524,219				524,219				534,142
Earnings Per Share (after extraordinary items) (of ₹ 2/- each)
Basic:			4.31				12.58				4.18
Diluted:			4.30				12.55				4.17

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

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

The audited interim consolidated financial results (under Ind AS) of the Company for the three and nine months ended December 31, 2019, have been approved by the Board of Directors of the Company at its meeting held on January 14, 2020. The statutory auditors have expressed an unmodified audit opinion.

Standalone Audited Financial Results of Wipro Limited under Ind AS

Particulars		Quarter ended December 31, 2019				Nine months ended December 31, 2019				Quarter ended December 31, 2018
Total income from operations (net)			126,959				372,798				121,387
Net Profit / (Loss) before tax, exceptional and extraordinary items			28,327				82,450				30,990
Net Profit / (Loss) before tax but after exceptional and extraordinary items			28,327				82,450				30,990
Net Profit / (Loss) after tax, exceptional and extraordinary items			22,613				65,224				25,184
Total Comprehensive Income after tax			20,196				63,658				30,332
Equity Share Capital			11,426				11,426				9,050
Reserves excluding Revaluation Reserve			441,347				441,347				472,482
Earnings Per Share (after extraordinary items) (of ₹ 2/- each)
Basic:			3.95				11.09				4.19
Diluted:			3.95				11.07				4.18

The audited interim financial results of the Company for the three and nine months ended December 31, 2019, have been approved by the Board of Directors of the Company at its meeting held on January 14, 2020. The statutory auditors have expressed an unmodified audit opinion.

Notes:

1. The above is an extract of the detailed format of Quarterly Financial Results filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015. The full format of the Quarterly Financial Results are available on the Bombay Stock Exchange website (URL: www.bseindia.com/corporates), the National Stock Exchange website (URL: www.nseindia.com/corporates) and on the Company’s website (URL: www.wipro.com).

2. The Board of Directors in their meeting held on January 14, 2020, declared an interim dividend of ₹ 1/- (US$ 0.01) per equity share and ADR (50% on an equity share of par value of ₹ 2/-)

		By Order of the Board,
		For Wipro Ltd.
Place: Bengaluru		Rishad A Premji		Abidali Z Neemuchwala
Date: January 14, 2020		Chairman		Chief Executive Officer and Managing Director

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

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