WIPRO

Introduction
Wipro is a major business establishment in India. It deals primarily in software
products and related services. It is ranked as #1102 company in 2008 Forbes
Global 2000 list. It is regarded as a leading provider of integrated business process
and technological solutions.
Wipro Technologies has been operating on a global basis. It has been rated as
largest independent provider of research and development services. It earns more
than half a billion dollars through research and development services. It is also
counted as being one among three leading offshore BPO services provider.
Headquarters of Wipro is located at Bangalore, India.

History
Wipro was established in 1947. It was a vegetable oil company to start with and
was created from an oil mill established by father of Azim Premji, present
Chairman and CEO of Wipro. It later ventured into consumer goods in 1966 under
Azim Premji's leadership as Wipro Ltd. In 1975 Wipro Fluid Power was set up to
make pneumatic cylinders and hydraulic cylinders.

Head office
The corporate office and head office is located in Bangalore, India.
Branches (In India)  Mumbai
 Bangalore  Pune
 Mysore
 Kolkata
 Chennai Branches (In other countries)
 Secunderabad  Egypt
 New Delhi  Taiwan
 Bhopal  UAE (Dubai, Sharjah)
 Jaipur  Hong Kong
 Chandigarh  Australia (Sydney, Melbourne)
 Lucknow  Singapore
 Pondicherry  Malaysia
 Cochin  (Kuala Lumpur)
  Saudi Arabia (Al Khobar,
Riyadh)
 Kuwait

Overall number of employees

Wipro had 67,818 employees as of March 31, 2007 on its rolls including 50,354
employees in IT Services business and 17,464 employees in BPO business. This
represents a net addition of 14,076 people comprised of 12,699 in IT Services
business and 1,377 people in BPO business for the year.

Turnover
Wipro Ltd has announced the standalone Results for the quarter ended on 30-JUN-
2009. The Net Sales was at Rs. 528790 lacs for quarter ending on 30-JUN-2009
against Rs. 529890 lacs for the quarter ending on 31-MAR-2009. The Net Profit /
(Loss) were at Rs. 119790 lacs for the quarter ending on 30-JUN-2009 against Rs.
84210 lacs for the quarter ending on 31-MAR-2009.
The Consolidated Net Sales was at Rs. 628910 lacs for quarter ending on 30-JUN-
2009 against Rs. 648210 lacs for the quarter ending on 31-MAR-2009. The
Consolidated Net Profit / (Loss) were at Rs. 101550 lacs for the quarter ending on
30-JUN-2009 against Rs. 101000 lacs for the quarter ending on 31-MAR-2009.
The stock closed the day at Rs.458.70, down by Rs.1.20 or 0.26%. The stock hit
an intraday high of Rs.470.80 and low of Rs.455.
The total traded quantity was 1959514 at an average price of Rs 462.30 resulting
In a turnover of Rs 9058.83 lakhs.

Current share price (as on 27 Aug’09)

Current value: 568.45
Day’s increase: +11.20
% increase: +2.01%
Volume 301,317
Prev. Close 557.25
Day's H/L (Rs) 572.50 - 549.50
52wk H/L (Rs) 565.90 - 181.70
Mkt Cap (Rs Cr) 83,277.93
Listing in Stock Exchange
 The Stock Exchange Mumbai
 National Stock Exchange of India Ltd.
 New York Stock Exchange

Contribution to GDP
Wipro and Infosys account for 5.3 per cent of GDP

Organization structure
Wipro Chairman Azim H Premji, senior executives of Wipro and external
members who are global leaders & visionaries form the Wipro Board which
provides direction & guidance to the organization.
Board of Director
Azim H Premji
Chairman

Executive Directors

Girish S Paranjpe Suresh C Senapaty Suresh Vaswani

Independent Directors

Ashok S Ganguly B C Prabhakar P M Sinha N Vaghul

Jagdish N Sheth William Arthur Owens

Management team
Jt Chief Executive Officers - IT Business
Suresh Vaswani Girish S. Paranjpe
 Jt.- CEO, IT Business Jt.- CEO, IT
Member of the Board Member of the Board

Geo
Hiroshi Alley
Chief Sales & Rajat Mathur Manoj Punja
Operations Officer Chief Sales and Chief Sales &
Japan & China Operations Officer, Operations Officer
Asia Pacific & Senior Americas
Martha Bejar Vice President Anand Sankaran
President Sr.Vice President
Global Sales and Ayan Mukerji
Head - India & Middle
Operations Chief Sales &
East
Wipro Technologies Operations Officer
Europe

Ve r t ic al Bus i ne s s Unit s
N.S. Bala Rajiv Shah Zach Lonstein
Sr.Vice President Sr.Vice President CEO
Manufacturing Healthcare & Services Infocrossing Inc.
Bhanu Murthy B M P Subrahmanyam
Sr.Vice President Sr.Vice President
Retail, Consumer Telecom Equipment Srinivas Pallia
Goods, Transportation Service Lines Sr. Vice President
& Services K.R.Sanjiv
Gangadharaiah. C P
Sr.Vice President Sr. Vice President
Soumitro Ghosh Business Technology
Sr.Vice President Testing Services
Services (FS & TMT)
Financial Services Deepak Jain
Vice President Sangita Singh
Anand Sr.Vice President
Padmanabhan Technology
Infrastructure Services Enterprise Application
Sr.Vice President Services
Energy & Utilities T K Kurien
President Ashutosh Vaidya
G.K.Prasanna Wipro Consulting Head
Sr.Vice President Services, Wipro BPO
Technology Communication & V.R.Venkatesh
Media Sr.Vice President
 Product Engineering Kirk Strawser Wipro Consulting
Services Head Services

Func t i on
Laxman K Badiga Jessie Paul
Manish Dugar
Chief Information Chief Marketing
Chief Financial
Officer Officer
Officer
Pradeep Bahirwani Jagdish Ramaswamy
KR
Vice President Chief Quality Officer
Lakshminarayana
Talent Acquisition
Ian I Vijaya kumar
Sambuddha Deb Chief Strategy Officer Chief Technology
Chief Global Delivery Officer
Officer

Strategies
Wipro expects to significantly grow its global IT services business and the
percentage of its total revenues and profits contributed by this business over the
next few years. It hopes to achieve this objective by identifying and developing
service offerings in emerging growth areas as separate business opportunities, such
as infrastructure support services, business intelligence services and
telecommunication, internet and application service providers.
It is also planning to aggressively develop the research and development services
by focussing on high growth markets such as telecommunication, mobile
communication and the internet and high growth technologies such as embedded
software. Also, the company will be leveraging its experience in providing IT
services in the Indian market and its access to existing clients outside India to
provide global support services.
The intention is also to increase the number of clients through a dedicated sales
team focussed on new client acquisitions and increasing its presence in Europe and
Asia. The goal is to make every new client account earn over $1 million in annual
revenues within twelve months. Also the company intends to increase its share of
business with existing clients by expanding its range of IT solutions and by
increasing its knowledge of industry segments and individual client businesses to
allow it to better understand client requirements.
The focus would be on improving operating margins by increasing the revenue per
IT professional by providing higher value added services, increasing the number
of productized services and increasing the proportion of the company's fixed price
contracts.

Involvements in other activities

(Wipro cares)
Wipro Cares is an initiative by the Wiproites, their family members and friends to
contribute in the areas of education, community and social development. Wipro
Cares philosophy is to utilize the collective wisdom of volunteers to bring long
term benefits and satisfaction to the community, as we believe that providing funds
alone will not help the community.
This is a unique corporate experiment to channelise the contributions of the
Wiproites matched by Wipro, and the desires of Wiproites to make meaningful
contributions to society, on a continuous basis.
Wipro Cares contributes through two pronged strategy: providing rehabilitation to
survivors of natural calamities and enhancing learning abilities of children from
the under privileged sections of the society.