Exhibit 99.6
Wipro Limited | ||||||||||||||||||||||||||||||
Results for the Quarter ended June 30, 2019 | ||||||||||||||||||||||||||||||
Operating Metrics Pertaining to IT Services Segment | ||||||||||||||||||||||||||||||
A. IT Services | ||||||||||||||||||||||||||||||
FY19-20 | FY18-19 | FY 17-18 | ||||||||||||||||||||||||||||
Q1 | FY | Q4 | Q3 | Q2 | Q1 | FY | ||||||||||||||||||||||||
Revenue & OM % | IT services Revenues ($Mn) | 2,038.8 | 8,120.3 | 2,075.5 | 2,046.5 | 2,009.5 | 1,988.8 | 7,895.2 | ||||||||||||||||||||||
Sequential GrowthNote 1 | -1.3 | % | 3.8 | % | 1.4 | % | 1.8 | % | 2.2 | % | -1.5 | % | 4.3 | % | ||||||||||||||||
Sequential Growth in Constant Currency Note 2 | -0.7 | % | 5.4 | % | 1.0 | % | 2.4 | % | 3.0 | % | 0.2 | % | 2.7 | % | ||||||||||||||||
Operating Margin %Note 3 | 18.4 | % | 17.9 | % | 19.0 | % | 19.8 | % | 15.0 | % | 17.6 | % | 16.1 | % | ||||||||||||||||
Service Line Mix | Practices | |||||||||||||||||||||||||||||
Digital Operations and Platforms | 14.7 | % | 13.7 | % | 14.9 | % | 14.7 | % | 12.9 | % | 12.4 | % | 12.5 | % | ||||||||||||||||
Cloud and Infrastructure Services | 25.7 | % | 25.5 | % | 25.2 | % | 25.0 | % | 25.6 | % | 26.3 | % | 27.3 | % | ||||||||||||||||
Data, Analytics and AINote 4 | 7.4 | % | 7.2 | % | 7.2 | % | 7.2 | % | 7.5 | % | 6.9 | % | 6.9 | % | ||||||||||||||||
Modern Application Services | 44.6 | % | 45.9 | % | 45.1 | % | 45.6 | % | 46.3 | % | 46.7 | % | 45.8 | % | ||||||||||||||||
Industrial & Engineering ServicesNote 4 | 7.6 | % | 7.7 | % | 7.6 | % | 7.5 | % | 7.7 | % | 7.7 | % | 7.5 | % | ||||||||||||||||
SBU Mix | Strategic Business Units | |||||||||||||||||||||||||||||
Banking, Financial Services and Insurance | 31.6 | % | 30.9 | % | 31.5 | % | 31.4 | % | 30.5 | % | 29.8 | % | 27.8 | % | ||||||||||||||||
Communications | 5.9 | % | 5.7 | % | 5.7 | % | 5.8 | % | 5.8 | % | 5.7 | % | 6.5 | % | ||||||||||||||||
Consumer Business Unit | 15.6 | % | 15.7 | % | 16.2 | % | 15.6 | % | 15.7 | % | 15.3 | % | 15.0 | % | ||||||||||||||||
Energy, Natural Resources and Utilities | 12.8 | % | 12.8 | % | 12.8 | % | 13.0 | % | 12.8 | % | 12.7 | % | 13.1 | % | ||||||||||||||||
Health Business Unit | 13.2 | % | 13.2 | % | 13.2 | % | 13.1 | % | 13.0 | % | 13.6 | % | 14.4 | % | ||||||||||||||||
Manufacturing | 7.9 | % | 8.2 | % | 8.0 | % | 8.1 | % | 8.3 | % | 8.4 | % | 8.9 | % | ||||||||||||||||
Technology | 13.0 | % | 13.5 | % | 12.6 | % | 13.0 | % | 13.9 | % | 14.5 | % | 14.3 | % | ||||||||||||||||
Geography Mix | Geography | |||||||||||||||||||||||||||||
Americas | 58.7 | % | 56.8 | % | 58.2 | % | 57.1 | % | 56.1 | % | 56.0 | % | 54.6 | % | ||||||||||||||||
Europe | 24.6 | % | 25.5 | % | 24.6 | % | 25.5 | % | 25.7 | % | 26.1 | % | 26.1 | % | ||||||||||||||||
Rest of the World | 16.7 | % | 17.7 | % | 17.2 | % | 17.4 | % | 18.2 | % | 17.9 | % | 19.3 | % | ||||||||||||||||
Guidance | Guidance ($MN) | 2,046-2,087 | 2,047-2,088 | 2,028-2,068 | 2,009-2,049 | 2,015-2,065 | ||||||||||||||||||||||||
Guidance restated based on actual currency realized ($MN) | 2,034-2,075 | 2,055-2,096 | 2,018-2,058 | 1,990-2,030 | 1,978-2,027 | |||||||||||||||||||||||||
Revenues performance against guidance ($MN) | 2,038.8 | 2,075.5 | 2,046.5 | 2,041.2 | 2,026.5 | |||||||||||||||||||||||||
Customer Relationships | Customer size distribution (TTM) | |||||||||||||||||||||||||||||
> $100MN | 13 | 10 | 10 | 10 | 9 | 8 | 8 | |||||||||||||||||||||||
> $75MN | 23 | 22 | 22 | 19 | 19 | 19 | 20 | |||||||||||||||||||||||
> $50MN | 41 | 41 | 41 | 41 | 39 | 40 | 39 | |||||||||||||||||||||||
> $20MN | 92 | 96 | 96 | 99 | 92 | 91 | 94 | |||||||||||||||||||||||
> $10MN | 166 | 172 | 172 | 171 | 177 | 171 | 171 | |||||||||||||||||||||||
> $5MN | 259 | 262 | 262 | 269 | 265 | 268 | 268 | |||||||||||||||||||||||
> $3MN | 340 | 339 | 339 | 339 | 348 | 359 | 357 | |||||||||||||||||||||||
> $1MN | 564 | 571 | 571 | 578 | 584 | 595 | 595 | |||||||||||||||||||||||
Customer Metrics | Revenue from Existing customers % | 99.4 | % | 98.4 | % | 97.6 | % | 97.9 | % | 98.6 | % | 99.5 | % | 98.6 | % | |||||||||||||||
Number of new customers | 41 | 271 | 63 | 57 | 76 | 75 | 220 | |||||||||||||||||||||||
Total Number of active customers | 1,060 | 1,115 | 1,115 | 1,132 | 1,131 | 1,184 | 1,178 | |||||||||||||||||||||||
Customer Concentration | ||||||||||||||||||||||||||||||
Top customer | 3.7 | % | 3.7 | % | 3.7 | % | 3.7 | % | 3.7 | % | 3.7 | % | 3.2 | % | ||||||||||||||||
Top 5 | 13.8 | % | 12.7 | % | 13.7 | % | 13.0 | % | 12.2 | % | 11.9 | % | 11.4 | % | ||||||||||||||||
Top 10 | 20.7 | % | 19.5 | % | 20.4 | % | 19.7 | % | 19.1 | % | 18.7 | % | 18.3 | % |
Notes:
Note 1: YoY & QoQ growth rates for Q1’20 have been computed by adjusting revenues of Q4’19 & Q1’19 for the impact from the divestment of our hosted data center services business and Workday & Cornerstone business
Note 2: Constant currency revenue for a period is the product of volumes in that period times the average actual exchange rate of the corresponding comparative period
Note 3: IT Services Operating Margin refers to Segment Results Total as reflected in IFRS financials
Note 4: We have moved the Cloud Data Platform practice from DAAI to IES and hence figures for all previous periods have been restated
FY19-20 | FY18-19 | FY17-18 | ||||||||||||||||||||||||||||
Q1 | FY | Q4 | Q3 | Q2 | Q1 | FY | ||||||||||||||||||||||||
Currency Mix | % of Revenue | |||||||||||||||||||||||||||||
USD | 62 | % | 61 | % | 62 | % | 61 | % | 60 | % | 61 | % | 60 | % | ||||||||||||||||
GBP | 10 | % | 10 | % | 10 | % | 10 | % | 10 | % | 11 | % | 10 | % | ||||||||||||||||
EUR | 9 | % | 9 | % | 9 | % | 9 | % | 9 | % | 8 | % | 9 | % | ||||||||||||||||
INR | 4 | % | 5 | % | 4 | % | 4 | % | 5 | % | 5 | % | 6 | % | ||||||||||||||||
AUD | 5 | % | 5 | % | 5 | % | 5 | % | 5 | % | 5 | % | 5 | % | ||||||||||||||||
CAD | 3 | % | 3 | % | 3 | % | 3 | % | 3 | % | 3 | % | 3 | % | ||||||||||||||||
Others | 7 | % | 7 | % | 7 | % | 8 | % | 8 | % | 7 | % | 7 | % | ||||||||||||||||
Closing Employee Count | 174,850 | 171,425 | 171,425 | 172,379 | 171,451 | 160,846 | 159,923 | |||||||||||||||||||||||
Utilization (IT Services excl. DO&P, Designit, Cellent, Cooper, Infoserver and India) | ||||||||||||||||||||||||||||||
Gross Utilization | 73.9 | % | 74.4 | % | 75.4 | % | 73.4 | % | 74.4 | % | 74.5 | % | 72.2 | % | ||||||||||||||||
Net Utilization (Excluding Support) | 82.8 | % | 83.3 | % | 84.1 | % | 81.9 | % | 83.2 | % | 83.9 | % | 81.1 | % | ||||||||||||||||
Net Utilization (Excluding Trainees) | 85.0 | % | 84.8 | % | 85.4 | % | 83.2 | % | 85.5 | % | 85.2 | % | 82.5 | % | ||||||||||||||||
Attrition
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(IT Services excl. DO&P) | ||||||||||||||||||||||||||||||
Voluntary TTM | 17.6 | % | 17.6 | % | 17.6 | % | 17.9 | % | 17.5 | % | 17.1 | % | 16.8 | % | ||||||||||||||||
Voluntary Quarterly Annualized | 17.9 | % | 17.6 | % | 16.6 | % | 17.5 | % | 18.5 | % | 17.8 | % | 16.6 | % | ||||||||||||||||
DO&P % - Quarterly | 11.2 | % | 11.7 | % | 11.8 | % | 10.5 | % | 12.3 | % | 10.8 | % | 12.7 | % | ||||||||||||||||
DO&P % - Post Training Quarterly | 10.0 | % | 10.5 | % | 10.8 | % | 9.4 | % | 11.2 | % | 9.5 | % | 11.2 | % | ||||||||||||||||
Sales & Support Staff - IT Services | 14,116 | 14,360 | 14,360 | 14,575 | 14,862 | 15,076 | 14,936 | |||||||||||||||||||||||
B. IT Services (Excluding DO&P, Designit, Cellent, Appirio, Cooper, Infoserver, India and Middle East)
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Service delivery | Revenue from FPP | 61.6 | % | 59.4 | % | 60.0 | % | 59.8 | % | 58.9 | % | 58.9 | % | 58.1 | % | |||||||||||||||
Onsite Revenue - % of Services | 52.3 | % | 52.3 | % | 51.5 | % | 52.2 | % | 52.8 | % | 52.9 | % | 53.2 | % | ||||||||||||||||
Offshore Revenue - % of Services | 47.7 | % | 47.7 | % | 48.5 | % | 47.8 | % | 47.2 | % | 47.1 | % | 46.8 | % |
C. Growth Metrics for the Quarter ended June 30, 2019Note 1, 2 |
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Reported Currency QoQ% | Reported Currency YoY % | Constant Currency QoQ% | Constant Currency YoY % | |||||||||||||
IT Services | -1.3 | % | 4.3 | % | -0.7 | % | 5.9 | % | ||||||||
Strategic Business Units | ||||||||||||||||
Banking, Financial Services and Insurance | -1.3 | % | 9.7 | % | -0.6 | % | 11.2 | % | ||||||||
Communications | 1.8 | % | 5.6 | % | 2.8 | % | 8.8 | % | ||||||||
Consumer Business Unit | -5.0 | % | 6.4 | % | -4.4 | % | 7.7 | % | ||||||||
Energy, Natural Resources and Utilities | -1.2 | % | 4.3 | % | 0.2 | % | 7.8 | % | ||||||||
Health Business Unit | -1.6 | % | -0.3 | % | -1.5 | % | 0.4 | % | ||||||||
Manufacturing | -2.3 | % | -1.6 | % | -2.0 | % | -0.1 | % | ||||||||
Technology | 2.6 | % | -2.3 | % | 2.7 | % | -1.6 | % | ||||||||
Geography | ||||||||||||||||
Americas | 0.0 | % | 10.9 | % | 0.2 | % | 11.2 | % | ||||||||
Europe | -2.0 | % | -3.5 | % | -0.4 | % | 0.0 | % | ||||||||
ROW | -5.0 | % | -4.7 | % | -4.3 | % | -1.8 | % | ||||||||
Practices | ||||||||||||||||
Digital Operations and Platforms | -3.1 | % | 21.7 | % | -2.9 | % | 22.4 | % | ||||||||
Cloud and Infrastructure Services | -0.1 | % | 4.9 | % | 0.5 | % | 6.6 | % | ||||||||
Data, Analytics and AI | 0.1 | % | 9.9 | % | 0.8 | % | 11.5 | % | ||||||||
Modern Application Services | -1.7 | % | -0.9 | % | -0.9 | % | 1.0 | % | ||||||||
Industrial & Engineering Services | -1.2 | % | 0.4 | % | -0.9 | % | 1.4 | % |
D. Annexure to Datasheet |
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Segment-wise breakup of Cost of Revenues, S&M and G&A | Q1 FY19-20 (INR MN) | |||||||||||||||||||
Particulars | IT Services | IT Products | ISRE | Reconciling Items | Total | |||||||||||||||
Cost of revenues | 98,961 | 2,744 | 2,457 | 111 | 104,273 | |||||||||||||||
Selling and marketing expenses | 10,856 | 58 | 79 | (40 | ) | 10,953 | ||||||||||||||
General and administrative expenses | 7,875 | 14 | 243 | (13 | ) | 8,119 | ||||||||||||||
Total | 117,692 | 2,816 | 2,779 | 58 | 123,345 |