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Wipro (WIT)

Filed: 19 Jul 21, 4:00pm

Exhibit 99.3

Wipro Limited

Extract of audited financial results of Wipro Limited and its subsidiaries for the quarter ended June 30, 2021

Consolidated Audited Financial Results of Wipro Limited under IFRS

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

 

Particulars

  Quarter ended
June 30, 2021
   Quarter ended
March 31, 2021
   Quarter ended
June 30, 2020
 

Total income from operations (net)

   185,834    163,340    150,433 

Net Profit / (Loss) before tax and exceptional items

   38,600    37,496    30,951 

Net Profit / (Loss) before tax but after exceptional items

   38,600    37,496    30,951 

Net Profit / (Loss) after tax and exceptional items

   32,375    29,741    24,113 

Total Comprehensive Income after tax

   35,677    29,125    29,102 

Equity Share Capital

   10,958    10,958    11,429 

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:

   5.92    5.39    4.20 

Diluted:

   5.90    5.38    4.19 

 

1

Balance for the quarter ended June 30, 2021 and March 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 June 30, 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 months ended June 30, 2021 have been approved by the Board of Directors of the Company at its meeting held on July 15, 2021. 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
June 30, 2021
   Quarter ended
March 31, 2021
   Quarter ended
June 30, 2020
 

Total income from operations (net)

   184,674    162,454    149,228 

Net Profit / (Loss) before tax and exceptional items

   38,733    37,499    30,953 

Net Profit / (Loss) before tax but after exceptional items

   38,733    37,499    30,953 

Net Profit / (Loss) after tax and exceptional items

   32,480    29,743    24,115 

Total Comprehensive Income after tax

   35,714    29,120    29,107 

Equity Share Capital

   10,958    10,958    11,429 

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:

   5.94    5.39    4.20 

Diluted:

   5.92    5.38    4.19 

 

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


1

Balance for the quarter ended June 30, 2021 and March 31, 2021 represent balances as per the audited Balance sheet for the year ended March 31, 2021 and balance for the quarter ended June 30, 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.

The audited interim consolidated financial results (under Ind AS) of the Company for the three months ended June 30, 2021 have been approved by the Board of Directors of the Company at its meeting held on July 15, 2021. The statutory auditors have expressed an unmodified audit opinion.

Standalone Audited Financial Results of Wipro Limited under Ind AS

 

Particulars

  Quarter ended
June 30, 2021
   Quarter ended
March 31, 2021
   Quarter ended
June 30, 2020
 

Total income from operations (net)

   139,901    132,600    121,929 

Net Profit / (Loss) before tax and exceptional items

   29,073    36,814    27,989 

Net Profit / (Loss) before tax but after exceptional items

   29,073    36,814    27,989 

Net Profit / (Loss) after tax and exceptional items

   18,041    30,130    21,926 

Total Comprehensive Income after tax

   16,195    30,353    25,393 

The audited interim standalone financial results (under Ind AS) of the Company for the three months ended June 30, 2021 have been approved by the Board of Directors of the Company at its meeting held on July 15, 2021. 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).

 

  By Order of the Board,
  For Wipro Limited
Place: Bengaluru  Rishad A. Premji
Date: July 15, 2021  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