Wipro has announced results under IFRS for Q3 FY2022, the period ending December 31, 2021.
Q3 FY22:
- Revenue was $2,639.7m, up 27.4% y/y, up 28.5% in CC
- Operating margin was 17.6%, down 1.2 pts y/y.
Q3 FY22 revenue share by Service (with estimated $ revenue and y/y growth) was:
- Americas 1 28.2% ($744m, +22.3%, +22.7% in CC)
- America 2 30.4% ($803m, +32.9%, +32.7% in CC)
- Europe 29.7% ($784m, +35.4%, +38.0% in CC)
- APMEA 11.7% ($309m, +10.8%, +12.5% in CC)
Q3 FY22 revenue share by Global Lines (with estimated $ revenue and y/y growth) was:
- iDEAS 61.0% ($1,610m, +35.9%, +37.0% in CC)
- iCORE 39.0% ($1,030m, +16.2%, +17.1% in CC)
Q3 FY22 revenue share (with estimated $ revenue and y/y growth) by vertical was:
- Communication 5.0% ($132m, +22.8%, +26.5% in CC)
- Consumer Business Unit 17.7% ($467m, +37.0%, +37.9% in CC)
- Energy, Natural Resources & Utilities 11.7% ($309m, +14.2%, +15.0% in CC)
- Finance Solutions 35.2% ($929m, +46.8%, +47.4% in CC)
- Healthcare, Life Sciences & Services 11.8% ($311m, +8.8%, +9.1%) in CC)
- Manufacturing 6.7% ($177m, +3.2%, +4.9% in CC)
- Technology 11.9% ($314m, +20.4%, +21.9% in CC).
TTM client distribution by size of annual revenues (and at end Q3 FY21) was:
- $10m+: 189 (168)
- $20m+: 110 (97)
- $50m+: 47 (38)
- $75m+: 29 (24)
- $100m+: 17 (10).
TTM client contribution to total revenues (and at end Q3 FY21) was:
- Top 1: 3.2% (3.1%)
- Top 5: 12.7% (11.9%)
- Top 10: 20.2% (18.9%).
Revenue guidance for Q4 FY22 is in the range of $2,692m to $2,745m.
Vendor | Wipro |
Initial currency type (specify local currency used) | US$ |
Period Ending | 2021-09-30 |
Growth | 27.4 |
Revenues ((m) in local currency | 2639.7 |
Revenues (in $m at that date) | 2639.7 |