Wipro Limited (NSE: WIPRO)

Wipro Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	886,788	897,603	904,876	790,934	619,430	610,232
Revenue Growth (YoY)	-3.36%	-0.80%	14.41%	27.69%	1.51%	4.16%
Cost of Revenue	619,400	631,497	645,446	555,872	423,205	436,085
Gross Profit	267,388	266,106	259,430	235,062	196,225	174,147
Selling, General & Admin	123,837	127,509	124,178	100,670	75,264	72,730
Operating Expenses	123,837	127,509	124,178	100,670	75,264	72,730
Operating Income	143,551	138,597	135,252	134,392	120,961	101,417
Interest Expense	-13,290	-12,552	-10,077	-5,325	-4,298	-5,136
Interest & Investment Income	22,281	19,481	16,892	13,116	18,446	22,131
Earnings From Equity Investments	-248	-233	-57	57	130	29
Currency Exchange Gain (Loss)	-468	340	4,472	5,840	2,205	977
EBT Excluding Unusual Items	151,826	145,633	146,482	148,080	137,444	119,418
Merger & Restructuring Charges	-31	-31	-118	-647	-822	-
Gain (Loss) on Sale of Investments	6,938	4,415	1,293	1,656	2,466	1,950
Gain (Loss) on Sale of Assets	-	-	-	2,186	-81	1,144
Asset Writedown	-1,596	-2,807	-	-	-	-
Pretax Income	157,137	147,210	147,657	151,275	139,007	122,512
Income Tax Expense	38,917	36,089	33,992	28,946	30,345	24,799
Earnings From Continuing Operations	118,220	111,121	113,665	122,329	108,662	97,713
Minority Interest in Earnings	-812	-669	-165	-138	-716	-495
Net Income	117,408	110,452	113,500	122,191	107,946	97,218
Net Income to Common	117,408	110,452	113,500	122,191	107,946	97,218
Net Income Growth	0.83%	-2.69%	-7.11%	13.20%	11.03%	7.98%
Shares Outstanding (Basic)	10,446	10,577	10,955	10,933	11,299	11,667
Shares Outstanding (Diluted)	10,481	10,611	10,978	10,964	11,323	11,696
Shares Change (YoY)	-3.51%	-3.34%	0.13%	-3.17%	-3.18%	-2.90%
EPS (Basic)	11.24	10.44	10.36	11.18	9.55	8.33
EPS (Diluted)	11.20	10.41	10.34	11.14	9.54	8.31
EPS Growth	4.50%	0.68%	-7.22%	16.89%	14.74%	11.17%
Free Cash Flow	171,375	165,706	115,767	90,644	127,973	77,146
Free Cash Flow Per Share	16.35	15.62	10.55	8.27	11.30	6.60
Dividend Per Share	-	0.500	0.500	3.000	0.500	0.500
Dividend Growth	-	0%	-83.33%	500.00%	0%	33.33%
Gross Margin	30.15%	29.65%	28.67%	29.72%	31.68%	28.54%
Operating Margin	16.19%	15.44%	14.95%	16.99%	19.53%	16.62%
Profit Margin	13.24%	12.31%	12.54%	15.45%	17.43%	15.93%
Free Cash Flow Margin	19.33%	18.46%	12.79%	11.46%	20.66%	12.64%
EBITDA	166,266	162,029	160,316	165,303	148,617	122,279
EBITDA Margin	18.75%	18.05%	17.72%	20.90%	23.99%	20.04%
D&A For EBITDA	22,715	23,432	25,064	30,911	27,656	20,862
EBIT	143,551	138,597	135,252	134,392	120,961	101,417
EBIT Margin	16.19%	15.44%	14.95%	16.99%	19.53%	16.62%
Effective Tax Rate	24.77%	24.52%	23.02%	19.13%	21.83%	20.24%

Source: S&P Capital IQ. Standard template. Financial Sources.