Wipro has announced results under IFRS for Q3 FY2021, the period ending December 31, 2020.
Q3 FY21:
- Revenue was $2,071m, down 1.1% y/y, down 2.0% in CC
- Operating margin was 21.7%, up 1.1pts y/y.
Q3 FY21 revenue share (with NelsonHall estimated revenue and y/y growth in US$) by practice was:
- Cloud and Infrastructure Services 25.6% ($530m, -2.0%, -3.0% in CC)
- Data, Analytics and Utilities 6.9% ($143m, -5.7%, -6.5% in CC)
- Digital Operations and Platforms 15.9% ($329m, +2.9%, +2.7% in CC)
- Industrial & Engineering Services 7.2% ($149m, -5.2%, -6.0% in CC)
- Modern Application Services 44.4% ($920m, -0.6%, -1.6% in CC)
Q3 FY21 revenue share (with estimated $ revenue and y/y growth) by vertical was:
- Communication 5.2% ($108m, -9.6%, -11.4% in CC)
- Consumer Business Unit 16.4% ($340m, -3.5%, -3.6% in CC)
- Energy, Natural Resources & Utilities 13.1% ($271m, -0.2%, -2.6% in CC)
- Finance Solutions 30.5% ($632m, -2.1%, -2.5% in CC)
- Healthcare, Life Sciences & Services 13.9% ($288m, +4.3%, +3.7% in CC)
- Manufacturing 8.3% ($172m, -0.7%, -2.4% in CC).
- Technology 12.6% ($261m, +1.3%, +0.6% in CC)
Q3 FY21 revenue share by region (with estimated $ revenue and y/y growth) was:
- Americas 57.6% ($1,193m, -3.7%, -3.2% in CC)
- Europe 25.2% ($522m, +5.1%, +1.4% in CC)
- RoW 17.2% ($356m, -0.9%, -2.5% in CC)
TTM client distribution by size of annual revenues (and at end Q1 FY21) was:
- $10m+: 168 (166)
- $20m+: 97 (100)
- $50m+: 38 (39)
- $75m+: 24 (24)
- $100m+: 10 (11).
TTM client contribution to total revenues (and at end Q3 FY20) was:
- Top 1: 3.1% (3.0%)
- Top 5: 11.9% (12.3%)
- Top 10: 18.9% (19.2%)
Vendor | Wipro |
Initial currency type (specify local currency used) | US$ |
Period Ending | 2021-01-13 |
Growth | -1.1 |
Revenues ((m) in local currency | 2071 |
Revenues (in $m at that date) | 2071 |