Company: WIT
Filing Date: 2025-05-22
Form Type: 20-F
Source: 0000950170-25-076303
Chunk: 238

Company: WIPRO LTD
Filing Date: 2025-05-22
Form: 20-F
Item: Item 18
Chunk 238
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2024 and 2025 was ₹ 422.37, ₹ 387.67, and ₹ 454.58 for each option, respectively. The weighted average share price of options exercised during the years ended March 31, 2023, 2024 and 2025 was ₹ 421.06, ₹ 422.87, and ₹ 389.52 for each option, respectively.

30. Employee benefits
a)Employee costs includes

                                                Year ended March 31,                                          
                                            2023                    2024                     2025             
Salaries and bonus                              ₹    516,063             ₹    524,484             ₹    507,629
Contribution to provident and other funds             17,623                   19,227                   20,306
Share-based compensation(1)                            3,958                    5,590                    5,542
                                                ₹    537,644             ₹    549,301             ₹    533,477

(1)Includes ₹ (11), ₹ 6 and ₹ (9) for the years ended March 31, 2023, 2024 and 2025, respectively, towards cash settled ADS RSUs.

 -173-

The employee benefit cost is recognized in the following line items in the consolidated statement of income:

                                          Year ended March 31,                                          
                                      2023                    2024                     2025             
Cost of revenues                          ₹    456,759             ₹    459,466             ₹    452,800
Selling and marketing expenses                  46,840                   51,224                   47,788
General and administrative expenses             34,045                   38,611                   32,889
                                          ₹    537,644             ₹    549,301             ₹    533,477

Defined benefit plan actuarial (gains)/losses recognized in other comprehensive income include:

                                                                                    Year ended March 31,                                       
                                                                                2023                   2024                  2025              
Return on plan assets excluding interest income - loss/(gain)                       ₹       626              ₹   (675   )         ₹    (416   )
Actuarial loss/(gain) arising from financial assumptions                                 (2,106   )               373             146          
Actuarial loss/(gain) arising from demographic assumptions                          342                            98                  (115   )
Actuarial loss/(gain