Company: WIT
Filing Date: 2025-05-22
Form Type: 20-F
Source: 0000950170-25-076303
Chunk: 219

Company: WIPRO LTD
Filing Date: 2025-05-22
Form: 20-F
Item: Item 18
Chunk 219
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       ₹    14,932    
Depreciation                                                21                             5,362             539                                   180                     6,102    
Disposals                                                          (13   )                (3,776   )                              (303   )                (319   )        (4,411   )
Translation adjustment                                               -             81                        34                                    9                 124            
As at March 31, 2025                                        ₹      106             ₹      14,904             ₹                   1,356             ₹       381       ₹    16,747    
Net carrying value as at March 31, 2025                     ₹    1,016             ₹      20,134             ₹                   4,089             ₹       359       ₹    25,598    

(1) Including net carrying value of computer equipment amounting to ₹ 2 and ₹ 1 as at March 31, 2024 and 2025, respectively.

The Company recognized the following expenses in the consolidated statement of income:

                                                                     Year ended March 31,                                    
                                                                 2023                  2024                   2025           
Rent expense recognized under facility expenses pertaining to:                                                               
Leases of low-value assets                                           ₹      261             ₹      245             ₹      232
Short-term leases                                                         2,732                  3,257                  3,842
                                                                     ₹    2,993             ₹    3,502             ₹    4,074

Payments toward leases of low-value assets and Short-term leases are disclosed under operating activities in the consolidated statement of cash flows. All other lease payments during the period are disclosed under financing activities in the consolidated statement of cash flows.
Income from subleasing RoU assets for the years ended March 31, 2023, 2024 and 2025 is not material.
The Company is committed to certain leases amounting to ₹ 1,591 which have not commenced as of March 31, 2025. The term of such leases ranges from 1 to 10 years.

Refer to Note 19 for remaining contractual maturities of lease liabilities. Refer to Note 26 for interest expense on lease liabilities.

 -137-

6. Goodwill and intangible assets
The movement in goodwill balance is given below:

                                                                     Year ended March 31,                     
                                                                 2024                      2025               
Balance at the beginning of the year                                 ₹     307,970               ₹