ACCOUNTS PROJECT

ON
WIPRO

The Fortune India 500 ranks it the 29th
Wipro Limited is an
largest Indian company It is also
Indian multinational corporation that
ranked the 9th largest employer in
provides information technology,
India with over 200,000 employees by
consulting and business services .
total revenue.
WIPRO
Wipro is listed on national stock
Wipro began its business as vegetable
exchange, Bombay stock exchange and
oil manufacturer in 1945 forayed into
Wipro is the third largest company in New York stock exchange and it has a
soaps and other consumer products
the IT Sector of India with a whooping global presence over 110 countries
and in 1980 they entered into the
market cap of ₹ 356,976 CR. including U.S, Mexico, Brazil, China,
Indian IT industry by manufacturing
Korea, Australia, Canada and many
and selling mini computers.
more.
 MANAGEMENT ANALYSIS
MR. Azim H. Premji is the main person
behind success of Wipro. He took over as
chairman at the age of 21. currently MR.
Rishad A. Premji is the chairman of Wipro
and MR. Thierry Delaporte is the CEO and
Managing director of the firm.
Management stated that as per the reports
India’s technology industry is forecasted to
grow at 2.3% to reach approximately $194
billion in fiscal year 2021 and exports are
estimated to grow at 1.9% to reach
approximately $150 billion in fiscal year
Management of Wipro is ready to assist their 2021. The growth of cloud, artificial
clients to create new possibilities at next intelligence, machine learning, internet of
generation technologies and their operation things, analytics, automation and
model ensures adequate domain focused collaboration software were accelerated
execution and it combines with expertise in during the COVID-19 pandemic, led by
global standards remote working and transformation
engagements for contactless activities and
customer experience. It is expected that the
IT services industry will move to hybrid
work models, with implications on hiring,
team structures, compliance and
cybersecurity.
 ACCELERATE
GROWTH-
FOCUS AND
SCALE

LEAD WITH STRENGHTHEN

BUSINESS
SOLUTIONS
VISION CLIENTS AND
PARTNERSHIPS

BUILDING
TALENT AT
SCALE
PROFIT AND LOSS
 Other operating
Revenue increased by income was recorded
Cost of revenue
4.1% 992 million in 2020
increased by 5.6%.
and 152 million on
sale of assets.

Finance and other

Finance expenses
Income increased
decreased from 7375
from 22,923 million
million in 2019 to
in 2019 to 24,081
7328 million in 2020.
million in 2020.
BALANCE SHEET

The total non current assets and the

current assets of the company are
2,03,568 millions and 4,53,795
millions respectively in the FY
2020-21.

The total assets for FY 2021 stood

at 6,57,363 millions as against
6,53,064 millions during FY 20,
thereby witnessing a growth.
The total equity of the company is
4,52,416 millions for FY 21and the
non-current and current liabilities
are 22,623 millions and 1,81,324
millions respectively.

The total liabilities increase to

1,81,324 millions in the FY 2021
from 1,64,438 millions in FY 2020.
CASH FLOW
RATIOS