$WIT

WIPRO LTD

CIK:0001123799|SEC Filings

Consolidated Statements of Income ₨ in Millions, $ in Millions	12 Months Ended
	Mar. 31, 2026 INR (₨) ₨ / shares shares	Mar. 31, 2026 USD ($) $ / shares shares	Mar. 31, 2025 INR (₨) ₨ / shares shares	Mar. 31, 2024 INR (₨) ₨ / shares shares
Profit or loss [abstract]
Revenues	₨ 926,240	$ 9,871	₨ 890,884	₨ 897,603
Cost of revenues	(656,192)	(6,993)	(617,802)	(631,497)
Gross profit	270,048	2,878	273,082	266,106
Selling and marketing expenses	(59,216)	(631)	(64,378)	(69,972)
General and administrative expenses	(61,434)	(655)	(57,465)	(60,375)
Foreign exchange gains/(losses), net	1,853	20	32	340
Results from operating activities	151,251	1,612	151,271	136,099
Finance expenses	(14,577)	(156)	(14,770)	(12,552)
Finance and other income	36,491	389	38,202	23,896
Share of net profit/ (loss) of associate and joint venture accounted for using the equity method	257	3	254	(233)
Profit before tax	173,422	1,848	174,957	147,210
Income tax expense	(40,767)	(434)	(42,777)	(36,089)
Profit for the year	132,655	1,414	132,180	111,121
Profit attributable to:
Equity holders of the Company	131,974	1,407	131,354	110,452
Non-controlling interests	681	7	826	669
Profit for the year	₨ 132,655	$ 1,414	₨ 132,180	₨ 111,121
Earnings per equity share: Attributable to equity holders of the Company
Basic \| (per share)	₨ 12.6	$ 0.13	₨ 12.56	₨ 10.44
Diluted \| (per share)	₨ 12.56	$ 0.13	₨ 12.52	₨ 10.41
Weighted average number of equity shares used in computing earnings per equity share
Basic	10,476,247,846	10,476,247,846	10,456,741,552	10,576,571,110
Diluted	10,503,422,936	10,503,422,936	10,488,939,392	10,611,424,628

Consolidated Statements of Cash Flows
₨ in Millions, $ in Millions

12 Months Ended

Mar. 31, 2026

USD ($)

Mar. 31, 2026

INR (₨)

Mar. 31, 2025

INR (₨)

Mar. 31, 2024

INR (₨)

Cash flows from operating activities:

Profit for the year

$ 1,414

₨ 132,655

₨ 132,180

₨ 111,121

Adjustments to reconcile profit for the year to net cash generated from operating activities:

Gain on sale of property, plant and equipment, net

(4)

(393)

^[1]

(606)

^[1]

(2,072)

^[1]

Depreciation, amortization and impairment expense

310

29,107

29,579

34,071

Unrealized exchange (gain)/loss, net

2,168

(623)

655

Share-based compensation expense

4,465

5,551

5,584

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

(3)

(257)

(254)

233

Income tax expense

434

40,767

42,777

36,089

Finance and other income, net of finance expenses

(234)

(21,914)

(23,432)

(11,344)

Change in fair value of contingent consideration

(169)

(1,300)

Lifetime expected credit loss/(write-back)

2,838

324

640

Other non-cash items

488

Changes in operating assets and liabilities; net of effects from acquisitions

(Increase)/Decrease in trade receivables

(122)

(11,442)

1,894

7,824

(Increase)/Decrease in unbilled receivables and contract assets

(154)

(14,498)

(1,331)

5,919

(Increase)/Decrease in Inventories

184

213

287

Increase)/Decrease in other financial assets and other assets

(2)

(205)

6,609

8,869

Increase/(Decrease) in trade payables, accrued expenses, other financial liabilities, other liabilities and provisions

8,482

548

(435)

Increase/(Decrease) in contract liabilities

3,555

2,341

(5,053)

Cash generated from operating activities before taxes

1,871

175,561

195,601

191,576

Income taxes paid, net

(280)

(26,245)

(26,175)

(15,360)

Net cash generated from operating activities

1,591

149,316

169,426

176,216

Cash flows from investing activities:

Payment for purchase of property, plant and equipment

(166)

(15,603)

(14,737)

(10,510)

Proceeds from disposal of property, plant and equipment

758

1,822

4,022

Investment in associate

(4)

(352)

Payment for purchase of investments

(8,929)

(837,806)

(801,582)

(975,069)

Proceeds from sale of investments

8,704

816,732

706,520

978,598

Payment for business acquisitions including deposits and escrow, net of cash acquired

(277)

(26,033)

(964)

(5,291)

Payment for investment in joint venture

(484)

Proceeds from/(repayment of) security deposit for property, plant and equipment

(300)

300

Interest received

308

28,878

26,212

20,111

Dividend received

2,299

Net cash generated from/(used in) investing activities

(356)

(33,423)

(80,730)

11,680

Cash flows from financing activities:

Proceeds from issuance of equity shares and shares pending allotment

Repayment of loans and borrowings

(2,769)

(259,841)

(177,672)

(130,557)

Proceeds from loans and borrowings

2,697

253,089

195,595

120,500

Payment of lease liabilities including interests

(123)

(11,561)

(10,474)

(10,060)

Payment for buyback of equity shares, including tax and transaction cost

(145,173)

Payment for contingent consideration

(7)

(648)

(1,294)

Payment of deferred consideration on business combination

(2)

(221)

Interest and finance expenses paid

(67)

(6,336)

(8,689)

(10,456)

Payment of dividend

(1,228)

(115,206)

(62,750)

(5,218)

Payment of dividend to Non-controlling interests holders

(6)

(569)

(322)

Net cash generated from/(used in) financing activities

(1,505)

(141,260)

(63,963)

(182,567)

Net increase/(decrease) in cash and cash equivalents during the year

(270)

(25,367)

24,733

5,329

Effect of exchange rate changes on cash and cash equivalents

8,948

290

(239)

Cash and cash equivalents at the beginning of the year

1,300

121,974

96,951

91,861

Cash and cash equivalents at the end of the year

$ 1,125

₨ 105,555

₨ 121,974

₨ 96,951

[1]

Gain)/loss on sale of property, plant and equipment, net for the years ended March 31, 2024, 2025 and 2026, includes gain on sale of immovable properties of ₹ (2,357) and gain on relinquishment of the lease hold rights of land, and transfer of building along with other assets of ₹ (885) and gain on transfer of building of ₹ (405), respectively.

Consolidated Statements of Financial Position ₨ in Millions, $ in Millions	Mar. 31, 2026 INR (₨)	Mar. 31, 2026 USD ($)	Mar. 31, 2025 INR (₨)
ASSETS
Goodwill	₨ 387,399	$ 4,129	₨ 325,014
Intangible assets	29,176	311	27,450
Property, plant and equipment	81,787	872	80,684
Right-of-Use assets	28,287	301	25,598
Financial assets
Derivative assets	0	0
Investments	28,053	299	26,458
Trade receivables	349	4	299
Unbilled receivables	7,433	79	0
Other financial assets	6,259	67	4,664
Non-Financial Assets
Investments accounted for using equity method	2,126	23	1,327
Deferred tax assets	5,242	56	2,561
Non-current tax assets	7,787	83	7,230
Other non-current assets	9,010	96	7,460
Total non-current assets	592,908	6,320	508,745
Inventories	517	6	694
Financial assets
Derivative assets	888	9	1,820
Investments	437,680	4,665	411,474
Cash and cash equivalents	105,555	1,125	121,974
Trade receivables	135,901	1,448	117,745
Unbilled receivables	76,823	819	64,280
Other financial assets	10,245	109	8,448
Non-Financial Assets
Contract assets	14,819	158	15,795
Current tax assets	10,762	115	6,417
Other current assets	33,164	353	29,128
Total current assets	826,354	8,807	777,775
TOTAL ASSETS	1,419,262	15,127	1,286,520
Share capital	20,977	224	20,944
Share premium	6,158	66	2,628
Retained earnings	735,057	7,834	716,477
Share-based payment reserve	7,920	84	6,985
Special Economic Zone Re-investment reserve	25,966	277	27,778
Other components of equity	89,290	952	53,497
Equity attributable to the equity holders of the Company	885,368	9,437	828,309
Non-controlling interests	2,509	27	2,138
TOTAL EQUITY	887,877	9,464	830,447
Financial liabilities
Loans and borrowings	1,962	21	63,954
Lease liabilities	26,327	281	22,193
Accrued expenses	4,394	47	0
Other financial liabilities	6,743	72	7,793
Non-Financial Liabilities
Deferred tax liabilities	17,266	184	16,443
Non-current tax liabilities	48,195	514	42,024
Other non-current liabilities	23,042	246	17,119
Provisions	224	2	294
Total non-current liabilities	128,153	1,367	169,820
Financial liabilities
Loans, borrowings and bank overdrafts	165,912	1,768	97,863
Lease liabilities	8,709	92	8,025
Derivative liabilities	10,978	117	968
Trade payables and accrued expenses	94,924	1,012	88,252
Other financial liabilities	11,357	120	3,878
Non-Financial liabilities
Contract liabilities	25,434	271	20,063
Current tax liabilities	49,621	529	34,481
Other current liabilities	34,801	371	31,086
Provisions	1,496	16	1,637
Total current liabilities	403,232	4,296	286,253
TOTAL LIABILITIES	531,385	5,663	456,073
TOTAL EQUITY AND LIABILITIES	₨ 1,419,262	$ 15,127	₨ 1,286,520