Company: WIT
Filing Date: 2025-05-22
Form Type: 20-F
Source: 0000950170-25-076303
Chunk: 76

Company: WIPRO LTD
Filing Date: 2025-05-22
Form: 20-F
Item: Item 5
Chunk 76
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      )%        
Operating income                                       136,099                                  151,271                       11.15       %        
Profit attributable to equity holders                  110,452                                  131,354                       18.92       %        
As a percentage of revenue:                                                                                                                        
Selling and marketing expenses                            7.79         %                           7.23     %               (56)bps                
General and administrative expenses                       6.72         %                           6.45     %               (27)bps                
Gross margins                                            29.67         %                          30.66     %                 99bps                
Operating margin                                         15.16         %                          16.98     %                182bps                
Earnings per share (2)                                                                                                                             
Basic                                                    10.44                                    12.56                                            
Diluted                                                  10.41                                    12.52                                            

(1)For segment reporting, we have included the impact of exchange rate fluctuations in revenue. Excluding the impact of exchange rate fluctuations, revenue, as reported in our statement of income, is ₹ 897,603 million and ₹ 890,884 million for the years ended March 31, 2024 and 2025, respectively. Please see Note 33 of the Notes to the Consolidated Financial Statements for additional details.
(2)Earnings per share for the year ended March 31, 2024 have been proportionately adjusted for the bonus issue in the ratio of 1:1 as approved by the shareholders on November 21, 2024. 

 Segment Information
We are organized into the following operating segments: IT Services and IT Products.
Effective April 1, 2023, we merged our India State Run Enterprises (“ISRE”) segment with our APMEA SMU within the IT Services segment, as we have aligned the sales strategy for the GoI and ISRE customers to that of the larger IT Services segment.
IT Services: Our IT Services segment is organized in four SMU - Americas 1, Americas 2, Europe and APMEA.
Americas 1 and Americas 2 are primarily organized by industry sector, while Europe and APMEA are organized by countries. Americas 1 includes the entire business of LATAM and the following industry sectors in the U.S.: communications, media and information services, software and gaming, new age technology, consumer goods, healthcare, medical devices and life sciences, and technology products and services. Americas 2 includes the entire business in Canada and