EX-99.3 4 d919143dex993.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 March 31, 2020

Consolidated Audited Financial Results of Wipro Limited under IFRS

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

Particulars		Quarter ended March 31, 2020				Year ended March 31, 2020				Quarter ended March 31, 2019
Total income from operations (net)			158,498				614,545				151,925
Net Profit / (Loss) before tax, exceptional and extraordinary items			29,656				122,512				32,001
Net Profit / (Loss) before tax but after exceptional and extraordinary items			29,656				122,512				32,001
Net Profit / (Loss) after tax, exceptional and extraordinary items			23,451				97,713				24,937
Total Comprehensive Income after tax			25,175				102,326				25,945
Equity Share Capital			11,427				11,427				12,068
Reserves excluding Revaluation Reserve			546,031				546,031				556,048
Earnings Per Share (after extraordinary items) (of ₹ 2/- each)
Basic:			4.09				16.67				4.13
Diluted:			4.07				16.62				4.12

The audited interim consolidated financial results of the Company for the three months and year ended March 31, 2020, have been approved by the Board of Directors of the Company at its meeting held on April 15, 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 March 31, 2020				Year ended March 31, 2020				Quarter ended March 31, 2019
Total income from operations (net)			157,505				611,376				151,609
Net Profit / (Loss) before tax, exceptional and extraordinary items			29,658				122,519				32,003
Net Profit / (Loss) before tax but after exceptional and extraordinary items			29,658				122,519				32,003
Net Profit / (Loss) after tax, exceptional and extraordinary items			23,452				97,718				24,939
Total Comprehensive Income after tax			24,944				101,975				25,979
Equity Share Capital			11,427				11,427				12,068
Reserves excluding Revaluation Reserve			541,790				541,790				552,158
Earnings Per Share (after extraordinary items) (of ₹ 2/- each)
Basic:			4.09				16.67				4.13
Diluted:			4.08				16.63				4.12

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 months and year ended March 31, 2020, have been approved by the Board of Directors of the Company at its meeting held on April 15, 2020. The statutory auditors have expressed an unmodified audit opinion.

Standalone Audited Financial Results of Wipro Limited under Ind AS

Particulars		Quarter ended March 31, 2020				Year ended March 31, 2020				Quarter ended March 31, 2019
Total income from operations (net)			131,272				504,070				123,958
Net Profit / (Loss) before tax, exceptional and extraordinary items			27,627				110,077				21,828
Net Profit / (Loss) before tax but after exceptional and extraordinary items			27,627				110,077				21,828
Net Profit / (Loss) after tax, exceptional and extraordinary items			21,583				86,807				15,660
Total Comprehensive Income after tax			18,865				82,523				17,286
Equity Share Capital			11,427				11,427				12,068
Reserves excluding Revaluation Reserve			453,110				453,110				481,852
Earnings Per Share (after extraordinary items) (of ₹ 2/- each)
Basic:			3.79				14.88				2.61
Diluted:			3.77				14.84				2.60

The audited interim financial results of the Company for the three months and year ended March 31, 2020, have been approved by the Board of Directors of the Company at its meeting held on April 15, 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).

		By Order of the Board,
		For Wipro Ltd.
Place: Bengaluru		Rishad A Premji
Date: April 15, 2020		Chairman

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