Company: WIT
Filing Date: 2025-05-22
Form Type: 20-F
Source: 0000950170-25-076303
Chunk: 78

Company: WIPRO LTD
Filing Date: 2025-05-22
Form: 20-F
Item: Item 5
Chunk 78
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 March 31, 2025 compared to the year ended March 31, 2024.
Income taxes: Our income taxes increased by ₹ 6,688 million from ₹ 36,089 million for the year ended March 31, 2024 to ₹ 42,777 million for the year ended March 31, 2025 due to higher profits before tax during the fiscal year 2025. However, our effective tax rate decreased marginally from 24.52% for the year ended March 31, 2024 to 24.45% for the year ended March 31, 2025. Please refer to Note 21 of the Notes to the Consolidated Financial Statements for further information.
Profit attributable to non-controlling interest: Our profit attributable to non-controlling interest increased from ₹ 669 million for the year ended March 31, 2024 to ₹ 826 million for the year ended March 31, 2025.
Profit attributable to equity holders: As a result of the foregoing factors, our profit attributable to equity holders increased by ₹ 20,902 million or 18.92%, from ₹ 110,452 million for the year ended March 31, 2024 to ₹ 131,354 million for the year ended March 31, 2025.
Analysis of Revenue and Results by Segment
IT Services
Our IT Services segment provides a range of IT and IT-enabled services which include digital strategy advisory, customer centric design, technology consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure services, cybersecurity, business process services, cloud, mobility and analytics services, R&D and hardware and software design. Through AI-powered, consulting-led solutions, we help our clients transform their businesses to drive better efficiencies and generate new growth opportunities.
Effective April 1, 2023, we reorganized our segments by merging the ISRE segment with our APMEA SMU within the IT Services segment.

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Information by SMUs for the IT Services segment for the years ended March 31, 2024 and 2025 is as follows:

                                         Year ended March 31,                                     Year-over-Year change
                                     2024                      2025                                             2025-24
                                         (₹ in millions)                                                               
Revenue:                                                                                                               
IT Services Strategic Market Units                                                                                     
Americas 1                                     268,230                     281,824                 5.07       %        
Americ