WIPRO
WIT · NYSEServices-Computer Programming Services · Fiscal year ends Mar 31 · Reports in INR
WIPRO reported revenue of INR 891B in the fiscal year ended Mar 2025, down 0.7% from the year before. Operating income was INR 151B, an operating margin of 17.0%, and net income was INR 132B. Operating cash flow of INR 169B less capital expenditure of INR 14.7B left free cash flow of INR 155B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Revenue | INR 619B | INR 791B | INR 905B | INR 898B | INR 891B |
| Cost of revenue | INR 423B | INR 556B | INR 645B | INR 631B | INR 618B |
| Gross profit | INR 196B | INR 235B | INR 259B | INR 266B | INR 273B |
| Operating income | INR 123B | INR 140B | INR 140B | INR 136B | INR 151B |
| Interest expense | INR 4.3B | INR 5.3B | INR 10.1B | INR 12.6B | INR 14.8B |
| Pre-tax income | INR 139B | INR 151B | INR 148B | INR 147B | INR 175B |
| Income tax | INR 30.3B | INR 28.9B | INR 34B | INR 36.1B | INR 42.8B |
| Net income | INR 109B | INR 122B | INR 114B | INR 111B | INR 132B |
Balance sheet
| Fiscal year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | INR 170B | INR 104B | INR 91.9B | INR 97B | INR 122B |
| Inventory | INR 1.1B | INR 1.3B | INR 1.2B | INR 907M | INR 694M |
| Current assets | INR 523B | INR 621B | INR 661B | INR 651B | INR 778B |
| Net PP&E | INR 85.2B | INR 90.9B | INR 88.7B | INR 81.6B | INR 80.7B |
| Goodwill | INR 139B | INR 247B | INR 308B | INR 316B | INR 325B |
| Total assets | INR 831B | INR 1,079B | INR 1,176B | INR 1,152B | INR 1,287B |
| Payables | INR 76.5B | INR 94.5B | INR 89.1B | INR 88.6B | INR 88.3B |
| Current liabilities | INR 230B | INR 308B | INR 268B | INR 252B | INR 286B |
| Total liabilities | INR 277B | INR 421B | INR 394B | INR 401B | INR 456B |
| Shareholders' equity | INR 553B | INR 658B | INR 781B | INR 750B | INR 828B |
Cash flow
| Fiscal year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Operating cash flow | INR 148B | INR 111B | INR 131B | INR 176B | INR 169B |
| Capital expenditure | INR 19.6B | INR 20.2B | INR 14.8B | INR 10.5B | INR 14.7B |
| Free cash flow | INR 128B | INR 90.6B | INR 116B | INR 166B | INR 155B |
Key ratios
| Fiscal year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 27.7% | 14.4% | −0.8% | −0.7% |
| Operating income growth (YoY) | – | 14.0% | −0.5% | −2.5% | 11.1% |
| Gross margin | 31.7% | 29.7% | 28.7% | 29.6% | 30.7% |
| Operating margin | 19.9% | 17.7% | 15.4% | 15.2% | 17.0% |
| Net margin | 17.5% | 15.5% | 12.6% | 12.4% | 14.8% |
| Return on equityBlank when equity is negative | 19.6% | 18.6% | 14.6% | 14.8% | 16.0% |
| ROCEEBIT ÷ (assets − current liabilities) | 20.5% | 18.2% | 15.4% | 15.1% | 15.1% |
| Free cash flow margin | 20.7% | 11.5% | 12.8% | 18.5% | 17.4% |
| Cash conversion (CFO ÷ net income) | 1.36x | 0.91x | 1.15x | 1.59x | 1.28x |
| Inventory days | 1 | 1 | 1 | 1 | 0 |
| Payable days | 66 | 62 | 50 | 51 | 52 |
| Interest cover | 28.6x | 26.3x | 13.9x | 10.8x | 10.2x |
| Current ratio | 2.27x | 2.01x | 2.47x | 2.58x | 2.72x |
Recent filings
More in Services-Computer Programming Services
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.