EX-99.3 4 d296279dex993.htm 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, 2021

Consolidated Audited Financial Results of Wipro Limited under IFRS

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

Particulars |  | Quarter ended December 31, 2021 |  |  | Nine months ended December 31, 2021 |  |  | Quarter ended December 31, 2020 |
Total income from operations (net) |  |  | 204,337 |  |  |  | 587,793 |  |  |  | 157,266 |
Net Profit / (Loss) before tax and exceptional items |  |  | 37,786 |  |  |  | 113,951 |  |  |  | 38,489 |
Net Profit / (Loss) before tax but after exceptional items |  |  | 37,786 |  |  |  | 113,951 |  |  |  | 38,489 |
Net Profit / (Loss) after tax and exceptional items |  |  | 29,723 |  |  |  | 91,404 |  |  |  | 29,965 |
Total Comprehensive Income after tax |  |  | 31,495 |  |  |  | 98,533 |  |  |  | 31,589 |
Equity Share Capital |  |  | 10,962 |  |  |  | 10,962 |  |  |  | 11,431 |
Reserves (excluding Revaluation Reserve)1 as shown in the Audited Statement of Financial Position |  |  | 542,137 |  |  |  | 542,137 |  |  |  | 546,031 |
Earnings Per Share (of ₹ 2/- each) |  |  |  |  |  |  |  |  |  |  |  |
Basic: |  |  | 5.43 |  |  |  | 16.71 |  |  |  | 5.21 |
Diluted: |  |  | 5.42 |  |  |  | 16.67 |  |  |  | 5.17 |

1 | Balance for the quarter ended December 31, 2021 and nine months ended December 31, 2021 represent balances as per the audited Statement of Financial Position for the year ended March 31, 2021 and balance for the quarter ended December 31, 2020 represent balances as per the audited Statement of Financial Position for the year ended March 31, 2020, as required by the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The audited interim consolidated financial results of the Company for the three and nine months ended December 31, 2021 have been approved by the Board of Directors of the Company at its meeting held on January 12, 2022. 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 amendment rules issued thereafter.

Consolidated Audited Financial Results of Wipro Limited under Ind AS

Particulars |  | Quarter ended December 31, 2021 |  |  | Nine months ended December 31, 2021 |  |  | Quarter ended December 31, 2020 |
Total income from operations (net) |  |  | 203,150 |  |  |  | 584,513 |  |  |  | 156,700 |
Net Profit / (Loss) before tax and exceptional items |  |  | 37,786 |  |  |  | 114,084 |  |  |  | 38,504 |
Net Profit / (Loss) before tax but after exceptional items |  |  | 37,786 |  |  |  | 114,084 |  |  |  | 38,504 |
Net Profit / (Loss) after tax and exceptional items |  |  | 29,723 |  |  |  | 91,509 |  |  |  | 29,978 |
Total Comprehensive Income after tax |  |  | 31,489 |  |  |  | 98,569 |  |  |  | 31,643 |
Equity Share Capital |  |  | 10,962 |  |  |  | 10,962 |  |  |  | 11,431 |
Reserves (excluding Revaluation Reserve)1 as shown in the Audited Balance Sheet |  |  | 538,052 |  |  |  | 538,052 |  |  |  | 541,790 |
Earnings Per Share (of ₹ 2/- each) |  |  |  |  |  |  |  |  |  |  |  |
Basic: |  |  | 5.43 |  |  |  | 16.73 |  |  |  | 5.21 |
Diluted: |  |  | 5.42 |  |  |  | 16.69 |  |  |  | 5.17 |

1 | Balance for the quarter ended December 31, 2021 and nine months ended December 31, 2021 represent balances as per the audited Balance sheet for the year ended March 31, 2021 and balance for the quarter ended December 31, 2020 represent balances as per the audited Balance sheet for the year ended March 31, 2020, as required by the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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

The audited interim consolidated financial results (under Ind AS) of the Company for the three and nine months ended December 31, 2021 have been approved by the Board of Directors of the Company at its meeting held on January 12, 2022. The statutory auditors have expressed an unmodified audit opinion.

Standalone Audited Financial Results of Wipro Limited under Ind AS

Particulars |  | Quarter ended December 31, 2021 |  |  | Nine months ended December 31, 2021 |  |  | Quarter ended December 31, 2020 |
Total income from operations (net) |  |  | 152,787 |  |  |  | 439,888 |  |  |  | 125,961 |
Net Profit / (Loss) before tax and exceptional items |  |  | 31,326 |  |  |  | 91,747 |  |  |  | 33,515 |
Net Profit / (Loss) before tax but after exceptional items |  |  | 31,326 |  |  |  | 91,747 |  |  |  | 33,515 |
Net Profit / (Loss) after tax and exceptional items |  |  | 24,650 |  |  |  | 66,565 |  |  |  | 26,113 |
Total Comprehensive Income after tax |  |  | 24,198 |  |  |  | 65,790 |  |  |  | 26,497 |

The audited interim standalone financial results (under Ind AS) of the Company for the three and nine months ended December 31, 2021 have been approved by the Board of Directors of the Company at its meeting held on January 12, 2022. The statutory auditors have expressed an unmodified audit opinion.

Note:

| 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), the National Stock Exchange website (URL: www.nseindia.com) and on the Company’s website (URL: www.wipro.com).

| 2. | The Board of Directors in their meeting held on January 12, 2022, declared an interim dividend of ₹ 1/- (USD 0.01) per equity share and ADR (50% on an equity share of par value of ₹ 2/-).

|  | By Order of the Board,
|  | For Wipro Limited
Place: Bengaluru |  | Rishad A. Premji
Date: January 12, 2022 |  | Chairman

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