EX-99.4

By order of the Board,

For, Wipro Limited

Place: Bengaluru

Rishad A. Premji

Date: October 17, 2024

附录 99.4

WIPRO 限量版

硬币： L32102KA1945PLC020800；注册办事处：印度班加罗尔萨尔贾布尔路多达坎内利的Wipro Limited——560035

网站: www.wipro.com；电子邮件ID — info@wipro.com；电话： +91-80-2844 0011; 传真: +91-80-2844 0054

截至2024年9月30日的三个月和六个月经法定审计的合并财务业绩

根据国际财务报告准则（国际会计准则理事会）

(₹以百万计，股票和每股数据除外，除非另有说明）


		三个月结束了									六个月已结束						年底已结束
	细节	九月 30, 2024			6月30日 2024			九月 30, 2023			九月 30, 2024			九月 30, 2023			三月三十一日 2024
	收入
	a) 运营收入		223,016			219,638			225,159			442,654			453,469			897,603
	b) 外汇收益/（亏损），净额		(396	)		(206	)		268			(602	)		206			340

I	总收入		222,620			219,432			225,427			442,052			453,675			897,943

	开支
	a) 购买交易中的股票		1,034			664			576			1,698			1,554			3,832
	b) 库存的变化交易中的股票		(152	)		(2	)		920			(154	)		738			278
	c) 员工福利支出		134,695			132,293			138,536			266,988			278,812			549,301
	d) 折旧、摊销和减值费用		8,308			7,289			8,970			15,597			16,350			34,071
	e) 分包合同和技术费用		24,582			24,767			26,547			49,349			52,932			103,030
	f) 设施费用		3,937			4,133			3,815			8,070			7,267			14,556
	g) 旅行		3,836			3,937			4,049			7,773			8,224			15,102
	h) 沟通		1,079			993			1,360			2,072			2,609			4,878
	i) 法律和专业费用		3,013			2,282			2,507			5,295			4,758			9,559
	j) 内部使用的软件许可费用		4,702			4,605			4,701			9,307			9,308			18,378
	k) 营销和品牌建设		838			804			880			1,642			1,857			3,555
	l) 终身预期信用损失/（回写）		593			(26	)		139			567			439			640
	m) 出售财产、厂房和设备的（收益）/亏损，净额		(820	)		(23	)		(2,320	)		(843	)		(2,242	)		(2,072	)
	n) 其他费用		(174	)		1,647			1,402			1,473			3,208			6,736

II	支出总额		185,471			183,363			192,082			368,834			385,814			761,844

III	财务费用		3,569			3,288			3,033			6,857			6,119			12,552
IV	财务和其他收入		9,195			7,480			4,810			16,675			11,352			23,896
V	使用权益法核算的联营企业和合资企业的净利润/（亏损）份额		3			(45	)		(30	)		(42	)		(27	)		(233	)

VI	税前利润 [I-II-III+IV+V]		42,778			40,216			35,092			82,994			73,067			147,210

VII	税收支出		10,512			9,850			8,419			20,362			17,534			36,089

VIII	该期间的利润 [VI-VII]		32,266			30,366			26,673			62,632			55,533			111,121

	其他综合收益（OCI）
	在后续时期内不会被重新归类为损益的项目
	重新衡量固定福利计划，净额		323			58			51			381			6			82
	通过OCI以公允价值计量的股票工具投资公允价值的净变动		153			(319	)		(124	)		(166	)		(108	)		(473	)
	将在后续时期重新归类为损益的项目
	外币折算差额		5,115			(1,399	)		1,824			3,716			1,462			4,219
	将子公司清算的外币折算差额重新归类为财务报表收入		13			^			(183	)		13			(181	)		(198	)
	被指定为现金流套期保值的期权合约的时间价值净变化，扣除税款		(368	)		4			211			(364	)		251			198
	被指定为现金流套期保值的期权合约的内在价值净变化，扣除税款		(103	)		85			(311	)		(18	)		201			128
	被指定为现金流套期保值的远期合约的公允价值净变动，扣除税款		(673	)		218			(62	)		(455	)		1,586			1,655
	通过OCI以公允价值计量的债务工具投资公允价值的净变动，扣除税款		390			184			297			574			1,336			1,516


IX	期间其他全面收入总额，税后	4,850	(1,169	)	1,703	3,681	4,553	7,127

	期间总全面收入 [VIII+IX]	37,116	29,197		28,376	66,313	60,086	118,248

X	归属于本公司期间利润：
	公司股权持有者	32,088	30,032		26,463	62,120	55,164	110,452
	非控制权益其他权益	178	334		210	512	369	669

		32,266	30,366		26,673	62,632	55,533	111,121

	应阅读上述综合收入的合并中期报表时，请参阅相关附注。
	公司股权持有者	36,942	28,865		28,169	65,807	59,809	117,744
	非控制权益其他权益	174	332		207	506	277	504

		37,116	29,197		28,376	66,313	60,086	118,248

XI	已缴股本（面值 ₹ 2 每股）	10,463	10,460		10,444	10,463	10,444	10,450
XII	储备金（重估储备及非控制权益负债和占比要求							739,433
XIII	每股收益（EPS）
	（每股面值为 ₹ 2/-每股）
	（截至各个三个月及六个月的EPS未经年化）
	基本（单位： ₹)	6.14	5.75		5.06	11.89	10.30	20.89
	摊薄（单位： ₹)	6.12	5.73		5.04	11.85	10.27	20.82

数值小于0.5

1.	公司截至2024年9月30日三个月及六个月的已审计合并财务报表已于2024年10月17日公司董事会会议上获得批准。公司确认其法定审计师Deloitte Haskins & Sells LLP已就合并财务报表发布了无保留意见的审计报告。

The above consolidated financial results have been prepared on the basis of the audited interim condensed consolidated financial statements which are prepared in accordance with International Financial Reporting Standards and its interpretations (“IFRS”), as issued by the International Accounting Standards Board (“IASB”). All amounts included in the consolidated financial results (including notes) are reported in millions of Indian rupees (₹ in millions) except share and per share data, unless otherwise stated.

(Gain)/loss on sale of property, plant and equipment for the three and six months ended September 30, 2024 and 2023, includes gain on relinquishment of the lease hold rights of land, and transfer of building along with other assets of ₹ (885), and gain on sale of immovable properties of ₹ (2,368), respectively.

Other expenses are net of reversals of contingent consideration of ₹ 167, ₹ Nil, ₹ 490 for the three months ended September 30, 2024, June 30, 2024, September 30, 2023, ₹在截至2024年9月30日的六个月内，分别为167和₹ 在截至2024年9月30日的六个月内和2023年，分别为506，₹ 在截至2024年3月31日的一年内，其他费用净额为保险索赔收入 ₹ 在截至2024年9月30日的三个和六个月内，其他费用净额为收到的保险索赔

5.	以下是截至2024年9月30日的子公司、关联方和合资企业名单：


子公司	子公司	子公司	国家公司所在地:
印度Attune Consulting私人有限公司			印度
Capco Technologies私人有限公司			印度
wipro Technology Product Services私人有限公司			印度
wipro成都有限公司			中国
wipro控股（英国）有限公司			英国：
wipro印度私人有限公司人力资源服务			印度
wipro孟加拉国IT服务有限公司			孟加拉国


Wipro IT Services UK Societas			U.K.
	Designit A/S		Denmark
		Designit Denmark A/S	Denmark
		Designit Germany GmbH	Germany
		Designit Oslo A/S	Norway
		Designit Spain Digital, S.L.U	Spain
		Designit Sweden AB	Sweden
		Designit T.L.V Ltd.	Israel
	Wipro Bahrain Limited Co. W.L.L		Bahrain
	Wipro Czech Republic IT Services s.r.o.		Czech Republic
	Wipro CRM Services (formerly known as Wipro 4C NV)		Belgium
		Wipro 4C Consulting France SAS	France
		Wipro CRM Services B.V. (formerly known as Wipro 4C Nederland B.V)	Netherlands
		Wipro CRM Services ApS	Denmark
		Wipro CRM Services UK Limited	U.K.
	Grove Holdings 2 S.á.r.l		Luxembourg
		Capco Solution Services GmbH	Germany
		The Capital Markets Company Italy Srl	Italy
		Capco Brasil Serviços E Consultoria Ltda	Brazil
		The Capital Markets Company BV ⁽¹⁾	Belgium
	PT. WT Indonesia		Indonesia
	Rainbow Software LLC		Iraq
	Wipro Arabia Limited ⁽²⁾		Saudi Arabia
		Women’s Business Park Technologies Limited ⁽²⁾	Saudi Arabia
	Wipro Doha LLC		Qatar
	Wipro Financial Outsourcing Services Limited		U.K.
		Wipro UK Limited	U.K.
	Wipro Gulf LLC		Sultanate of
			Oman
	Wipro Holdings Hungary Korlátolt Felelősségű Társaság		Hungary
		Wipro Holdings Investment Korlátolt Felelősségű Társaság	Hungary
	Wipro Information Technology Netherlands BV.		Netherlands
		Wipro do Brasil Technologia Ltda ⁽¹⁾	Brazil
		Wipro Information Technology Kazakhstan LLP	Kazakhstan
		Wipro Outsourcing Services (Ireland) Limited	Ireland
		Wipro Portugal S.A. ⁽¹⁾	Portugal
		Wipro Solutions Canada Limited	Canada
		Wipro Technologies Limited	Russia
		Wipro Technologies Peru SAC	Peru
		Wipro Technologies W.T. Sociedad Anonima	Costa Rica
		Wipro Technology Chile SPA	Chile
	Wipro IT Service Ukraine, LLC		Ukraine
	Wipro IT Services Poland SP Z.O.O		Poland
	Wipro IT Services S.R.L.		Romania
	Wipro Regional Headquarter		Saudi Arabia
	Wipro Technologies Australia Pty Ltd		Australia
		Wipro Ampion Holdings Pty Ltd ⁽¹⁾	Australia
	Wipro Technologies SA		Argentina
	Wipro Technologies SA DE CV		Mexico
	Wipro Technologies South Africa (Proprietary) Limited		South Africa
		Wipro Technologies Nigeria Limited	Nigeria
	Wipro Technologies SRL		Romania
	Wipro (Thailand) Co. Limited		Thailand
Wipro Japan KK			Japan
Wipro Networks Pte Limited			Singapore
	Wipro (Dalian) Limited		China
	Wipro Technologies SDN BHD		Malaysia
Wipro Overseas IT Services Private Limited			India
Wipro Philippines, Inc.			Philippines
Wipro Shanghai Limited			China


Wipro Trademarks Holding Limited			India
Wipro Travel Services Limited			India
Wipro VLSI Design Services India Private Limited			India
Wipro, LLC			USA
	Wipro Gallagher Solutions, LLC		USA
	Wipro Insurance Solutions, LLC		USA
	Wipro IT Services, LLC		USA
		Aggne Global Inc. ⁽³⁾	USA
		Cardinal US Holdings, Inc.⁽¹⁾	USA
		Edgile, LLC	USA
		HealthPlan Services, Inc. ⁽¹⁾	USA
		Infocrossing, LLC	USA
		International TechneGroup Incorporated ⁽¹⁾	USA
		Wipro NextGen Enterprise Inc. ⁽¹⁾	USA
		Rizing Intermediate Holdings, Inc. ⁽¹⁾	USA
		Wipro Appirio, Inc. ⁽¹⁾	USA
		Wipro Designit Services, Inc. ⁽¹⁾	USA
		Wipro Telecom Consulting LLC	USA
		Wipro VLSI Design Services, LLC	USA
Aggne Global IT Services Private Limited ⁽³⁾			India
Wipro, Inc.⁽⁴⁾			USA

The Company controls ‘The Wipro SA Broad Based Ownership Scheme Trust’, ‘Wipro SA Broad Based Ownership Scheme SPV (RF) (PTY) LTD’ incorporated in South Africa and Wipro Foundation in India.

⁽²⁾	All the above direct subsidiaries are 100% held by the Company except that the Company holds 66.67% of the equity securities of Wipro Arabia Limited and 55% of the equity securities of Women’s Business Park Technologies Limited are held by Wipro Arabia Limited.

⁽³⁾	The company holds 60% of the equity securities of Aggne Global IT Services Private Limited and Wipro IT Services, LLC holds 60% of the equity securities of Aggne Global Inc.

⁽⁴⁾	Wipro, Inc. has been incorporated as a wholly-owned subsidiary of the Company with effect from September 30, 2024.

⁽¹⁾

Step Subsidiary details of Cardinal US Holdings, Inc., HealthPlan Services, Inc., International TechneGroup Incorporated, Wipro NextGen Enterprise Inc., Rizing Intermediate Holdings, Inc., The Capital Markets Company BV, Wipro Ampion Holdings Pty Ltd, Wipro Appirio, Inc., Wipro Designit Services, Inc., Wipro do Brasil Technologia Ltda and Wipro Portugal S.A. are as follows:


Subsidiaries	Subsidiaries	Subsidiaries	Country of Incorporation
Cardinal US Holdings, Inc.			USA
	ATOM Solutions LLC		USA
	Capco Consulting Services LLC		USA
	Capco RISC Consulting LLC		USA
	The Capital Markets Company LLC		USA
HealthPlan Services, Inc.			USA
	HealthPlan Services Insurance Agency, LLC		USA
International TechneGroup Incorporated			USA
	International TechneGroup Ltd.		U.K.
	ITI Proficiency Ltd		Israel
	MechWorks S.R.L.		Italy
Wipro NextGen Enterprise Inc.	LeanSwift AB		USA Sweden
Rizing Intermediate Holdings, Inc.			USA
	Rizing Lanka (Private) Ltd		Sri Lanka
		Attune Netherlands B.V. ⁽⁵⁾	Netherlands
	Rizing Solutions Canada Inc. Rizing LLC		Canada USA
		Aasonn Philippines Inc.	Philippines


		Rizing B.V.	Netherlands
		Rizing Consulting Ireland Limited	Ireland
		Rizing Consulting Pty Ltd.	Australia
		Rizing Geospatial LLC	USA
		Rizing GmbH	Germany
		Rizing Limited	U.K.
		Rizing Pte Ltd. ⁽⁵⁾	Singapore
The Capital Markets Company			Belgium
BV
	CapAfric Consulting (Pty) Ltd		South Africa
	Capco Belgium BV		Belgium
	Capco Consultancy (Malaysia) Sdn. Bhd		Malaysia
	Capco Consultancy (Thailand) Ltd		Thailand
	Capco Consulting Singapore Pte. Ltd		Singapore
	Capco Greece Single Member P.C		Greece
	Capco Poland sp. z.o.o		Poland
	The Capital Markets Company (UK) Ltd		U.K.
		Capco (UK) 1, Limited	U.K.
	The Capital Markets Company BV		Netherlands
	The Capital Markets Company GmbH		Germany
		Capco Austria GmbH	Austria
	The Capital Markets Company Limited		Hong Kong
	The Capital Markets Company Limited		Canada
	The Capital Markets Company S.á.r.l		Switzerland
		Andrion AG	Switzerland
	The Capital Markets Company S.A.S		France
	The Capital Markets Company s.r.o		Slovakia
Wipro Ampion Holdings Pty Ltd			Australia
	Wipro Revolution IT Pty Ltd		Australia
	Crowdsprint Pty Ltd		Australia
	Wipro Shelde Australia Pty Ltd		Australia
Wipro Appirio, Inc.			USA
	Wipro Appirio (Ireland) Limited		Ireland
		Wipro Appirio UK Limited	U.K.
	Topcoder, LLC.		USA
Wipro Designit Services, Inc.			USA
	Wipro Designit Services Limited		Ireland
Wipro do Brasil Technologia			Brazil
Ltda
	Wipro do Brasil Servicos Ltda		Brazil
	Wipro Do Brasil Sistemas De		Brazil
	Informatica Ltda
Wipro Portugal S.A.			Portugal
	Wipro Technologies GmbH		Germany
		Wipro Business Solutions GmbH ⁽⁵⁾	Germany
		Wipro IT Services Austria GmbH	Austria

⁽⁵⁾	Step Subsidiary details of Attune Netherlands B.V., Rizing Pte Ltd., Wipro Business Solutions GmbH are as follows:


Subsidiaries	Subsidiaries	Subsidiaries	Country of Incorporation
Attune Netherlands B.V.			Netherlands
	Rizing Consulting USA, Inc.		USA
	Rizing Germany GmbH		Germany
	Attune Italia S.R.L		Italy
	Attune UK Ltd.		U.K.
Rizing Pte Ltd.			Singapore
	Rizing New Zealand Ltd.		New Zealand
	Rizing Philippines Inc.		Philippines
	Rizing SDN BHD		Malaysia
	Rizing Solutions Pty Ltd		Australia
Wipro Business Solutions GmbH			Germany
	Wipro Technology Solutions S.R.L		Romania

As at September 30, 2024, the Company held 43.7% interest in Drivestream Inc. and 27% interest in SDVerse LLC, accounted for using the equity method.

The list of controlled trusts are:


Name of the entity		Country of incorporation
Wipro Equity Reward Trust		India
Wipro Foundation		India

6. Segment Information

The Company is organized into the following operating segments: IT Services and IT Products.

IT Services: The IT services segment primarily consists of IT services offerings to customers organized by four Strategic Market Units (“SMUs”) - Americas 1, Americas 2, Europe and Asia Pacific Middle East and Africa (“APMEA”). Americas 1 and Americas 2 are primarily organized by industry sector, while Europe and APMEA are organized by countries.

Americas 1 includes the entire business of Latin America (“LATAM”) and the following industry sectors in the United States of America: communications, media and information services, software and gaming, new age technology, consumer goods, medical devices and life sciences, healthcare, and technology products and services. Americas 2 includes the entire business in Canada and the following industry sectors in the United States of America: banking and financial services, energy, manufacturing and resources, capital markets and insurance, and hi-tech. Europe consists of the United Kingdom and Ireland, Switzerland, Germany, Northern Europe and Southern Europe. APMEA consists of Australia and New Zealand, India, Middle East, South East Asia, Japan and Africa.

Revenue from each customer is attributed to the respective SMUs based on the location of the customer’s primary buying center of such services. With respect to certain strategic global customers, revenue may be generated from multiple countries based on such customer’s buying centers, but the total revenue related to these strategic global customers are attributed to a single SMU based on the geographical location of key decision makers.

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, business process services, cloud, mobility and analytics services, research and development and hardware and software design.

IT Products: The Company is a value-added reseller of security, packaged and SaaS software for leading international brands. In certain total outsourcing contracts of the IT Services segment, the Company delivers hardware, software products and other related deliverables. Revenue relating to these items is reported as revenue from the sale of IT Products.

The Chief Executive Officer (“CEO”) and Managing Director of the Company has been identified as the Chief Operating Decision Maker as defined by IFRS 8, “Operating Segments”. The CEO of the Company evaluates the segments based on their revenue growth and operating income.

Assets and liabilities used in the Company’s business are not identified to any of the operating segments, as these are used interchangeably between segments. Management believes that it is currently not practicable to provide segment disclosures relating to total assets and liabilities since a meaningful segregation of the available data is onerous.

Information on reportable segments for the three months ended September 30, 2024, June 30, 2024, September 30, 2023, six months ended September 30, 2024, September 30, 2023 and year ended March 31, 2024 are as follows:


	Three months ended									Six months ended						Year ended
	September			June			September			September			September			March
	30, 2024			30, 2024			30, 2023			30, 2024			30, 2023			31, 2024
Particulars	Audited			Audited			Audited			Audited			Audited			Audited
Segment revenue
IT Services
Americas 1		68,393			67,700			66,813			136,093			132,420			268,230
Americas 2		67,932			67,338			66,914			135,270			135,217			269,482
Europe		61,821			60,422			63,976			122,243			131,110			253,927
APMEA		23,811			23,503			26,255			47,314			52,765			102,177

Total of IT Services		221,957			218,963			223,958			440,920			451,512			893,816
IT Products		663			469			1,469			1,132			2,163			4,127

Total segment revenue		222,620			219,432			225,427			442,052			453,675			897,943

Segment result
IT Services
Americas 1		13,338			13,687			15,287			27,025			28,824			59,364
Americas 2		15,005			15,533			14,023			30,538			28,192			59,163
Europe		7,821			5,873			7,547			13,694			17,515			33,354
APMEA		3,070			2,441			2,985			5,511			5,785			12,619
Unallocated		(1,912	)		(1,477	)		(3,784	)		(3,389	)		(7,741	)		(20,304	)

Total of IT Services		37,322			36,057			36,058			73,379			72,575			144,196
IT Products		(183	)		(47	)		(467	)		(230	)		(628	)		(371	)
Reconciling Items		10			59			(2,246	)		69			(4,086	)		(7,726	)

Total segment result		37,149			36,069			33,345			73,218			67,861			136,099

Finance expenses		(3,569	)		(3,288	)		(3,033	)		(6,857	)		(6,119	)		(12,552	)
Finance and other income		9,195			7,480			4,810			16,675			11,352			23,896
Share of net profit/ (loss) of associate and joint venture accounted for using the equity method		3			(45	)		(30	)		(42	)		(27	)		(233	)

Profit before tax		42,778			40,216			35,092			82,994			73,067			147,210

Notes:

“Reconciling Items” includes elimination of inter-segment transactions and other corporate activities.

Revenue from sale of Company owned intellectual properties is reported as part of IT Services revenues.

For the purpose of segment reporting, the Company has included the net impact of foreign exchange gains/(losses), net in revenues amounting to ₹(396), ₹(206), and ₹268 for the three months ended September 30, 2024, June 30, 2024 and September 30, 2023 respectively, ₹(602), and ₹206 for the six months ended September 30, 2024, September 30, 2023, and ₹340 for the year ended March 31, 2024, which is reported under foreign exchange gains/(losses), net in the consolidated financial results.

Restructuring cost of ₹2,249 and ₹4,136 for the three and six months ended September 30, 2023 respectively, and ₹6,814 for the year ended March 31, 2024, is included under Reconciling Items.

Reconciling Items for the year ended March 31, 2024 includes employee costs of ₹921 towards outgoing CEO and Managing Director.

“Unallocated” within IT Services segment results is after recognition of amortization and impairment expense on intangible assets of ₹2,919, ₹1,782, ₹3,484, ₹4,701, ₹5,294 and ₹11,756 for the three months ended September 30, 2024, June 30, 2024, September 30, 2023, six months ended September 30, 2024, September 30, 2023 and year ended March 31, 2024 respectively, and change in fair value of contingent consideration of ₹(167), ₹Nil, ₹(490), ₹(167), ₹(506) and ₹(1,300) for the three months ended September 30, 2024, June 30, 2024, September 30, 2023, six months ended September 30, 2024, September 30, 2023 and year ended March 31, 2024 respectively.

Segment results of IT Services segment for the three and six months ended September 30, 2023 and year ended March 31, 2024 are after considering additional amortization due to change in estimate of useful life of the customer-related intangibles in an earlier Business combination.

Segment results of IT Services segment are after recognition of share-based compensation expense ₹1,306, ₹1,329 and ₹1,563 for the three months ended September 30, 2024, June 30, 2024 and September 30, 2023, respectively and ₹2,635 and ₹3,107 for the six months ended September 30, 2024, September 30, 2023, respectively, and ₹5,590 for the year ended March 31, 2024.

Segment results of IT Services segment are after recognition of (gain)/loss on sale of property, plant and equipment of ₹(820), (23) and ₹(2,320) for the three months ended September 30, 2024, June 20, 2024 and September 30, 2023, respectively and ₹(843) and ₹(2,242) for the six months ended September 30, 2024, September 30, 2023, respectively, and ₹(2,072) for the year ended March 31, 2024.

7.	Buyback of equity shares

During the six months ended September 30, 2023, the Company concluded the buyback of 269,662,921 equity shares (at a price of ₹445 per equity share) as approved by the Board of Directors on April 27, 2023. This has resulted in a total cash outflow of ₹145,173 (including tax on buyback of ₹24,783 and transaction costs related to buyback of ₹390). In line with the requirement of the Companies Act, 2013, an amount of ₹3,768 and ₹141,405 has been utilized from share premium and retained earnings respectively. Further, capital redemption reserve (included in other reserves) of ₹539 (representing the nominal value of the shares bought back) has been created as an apportionment from retained earnings. Consequent to such buyback, the paid-up equity share capital has reduced by ₹539.

8.	Earnings per share for each of the three months ended September 30, 2023 and June 30, 2023 will not add up to earnings per share for the six months ended September 30, 2023, on account of buyback of equity shares.

9.	Audited Consolidated Balance Sheet


	As at March 31, 2024		As at September 30, 2024
ASSETS
Goodwill		316,002		319,207
Intangible assets		32,748		28,195
Property, plant and equipment		81,608		78,822
Right-of-Use assets		17,955		21,854
Financial assets
Derivative assets		25		—
Investments		21,629		31,385
Trade receivables		4,045		587
Other financial assets		5,550		5,148
Investments accounted for using the equity method		1,044		1,008
Deferred tax assets		1,817		1,922
Non-current tax assets		9,043		7,782
Other non-current assets		10,331		7,744

Total non-current assets		501,797		503,654

Inventories		907		1,052
Financial assets
Derivative assets		1,333		651
Investments		311,171		407,309
Cash and cash equivalents		96,953		104,592
Trade receivables		115,477		112,655
Unbilled receivables		58,345		64,776
Other financial assets		10,536		8,973
Contract assets		19,854		17,788
Current tax assets		6,484		6,086
Other current assets		29,602		32,561

Total current assets		650,662		756,443

TOTAL ASSETS		1,152,459		1,260,097

EQUITY
Share capital		10,450		10,463
Share premium		3,291		6,000
Retained earnings		630,936		693,688
Share-based payment reserve		6,384		6,315
Special Economic Zone Re-investment reserve		42,129		41,497
Other components of equity		56,693		60,380

Equity attributable to the equity holders of the Company		749,883		818,343
Non-controlling interests		1,340		1,798

TOTAL EQUITY		751,223		820,141

LIABILITIES
Financial liabilities
Loans and borrowings		62,300		62,653
Lease liabilities		13,962		18,965
Derivative liabilities		4		1
Other financial liabilities		4,985		5,862
Deferred tax liabilities		17,467		16,625
Non-current tax liabilities		37,090		40,122
Other non-current liabilities		12,970		14,823

Total non-current liabilities		148,778		159,051


Financial liabilities
Loans, borrowings and bank overdrafts	79,166	103,157
Lease liabilities	9,221	8,047
Derivative liabilities	558	1,064
Trade payables and accrued expenses	88,566	82,810
Other financial liabilities	2,272	2,976
Contract liabilities	17,653	18,439
Current tax liabilities	21,756	30,599
Other current liabilities	31,295	32,004
Provisions	1,971	1,809

Total current liabilities	252,458	280,905

TOTAL LIABILITIES	401,236	439,956

TOTAL EQUITY AND LIABILITIES	1,152,459	1,260,097

10. Audited Consolidated Statement of Cash flows


	Six months ended September 30,
	2023			2024
Cash flows from operating activities
Profit for the period		55,533			62,632
Adjustments to reconcile profit for the period to net cash generated from operating activities:
(Gain)/loss on sale of property, plant and equipment, net		(2,242	)		(843	)
Depreciation, amortization and impairment expense		16,350			15,597
Unrealized exchange (gain)/loss, net		836			279
Share-based compensation expense		3,099			2,640
Share of net (profit)/loss of associate and joint venture accounted for using equity method		27			42
Income tax expense		17,534			20,362
Finance and other income, net of finance expenses		(5,233	)		(9,818	)
Change in fair value of contingent consideration		(506	)		(167	)
Lifetime expected credit loss		439			567
Changes in operating assets and liabilities, net of effects from acquisitions
(Increase)/Decrease in trade receivables		17,913			6,008
(Increase)/Decrease in unbilled receivables and contract assets		(5,937	)		(4,034	)
(Increase)/Decrease in Inventories		(92	)		(145	)
(Increase)/Decrease in other assets		6,498			1,103
Increase/(Decrease) in trade payables, accrued expenses, other liabilities and provisions		(11,260	)		(4,216	)
Increase/(Decrease) in contract liabilities		(5,928	)		724

Cash generated from operating activities before taxes		87,031			90,731
Income taxes paid, net		(10,885	)		(8,083	)

Net cash generated from operating activities		76,146			82,648

Cash flows from investing activities:
Payment for purchase of property, plant and equipment		(4,184	)		(5,017	)
Proceeds from disposal of property, plant and equipment		4,223			1,459
Payment for purchase of investments		(465,185	)		(423,829	)
Proceeds from sale of investments		535,473			323,786
Repayment of security deposit for property, plant and equipment		—			(300	)
Interest received		11,274			13,981
Dividend received		2			1

Net cash generated from/(used in) investing activities		81,603			(89,919	)

Cash flows from financing activities:
Proceeds from issuance of equity shares and shares pending allotment		7			13
Repayment of loans and borrowings		(43,750	)		(66,333	)
Proceeds from loans and borrowings		48,750			89,835
Payment of lease liabilities		(5,172	)		(5,054	)
Payment for contingent consideration		(1,289	)		—
Interest and finance expenses paid		(4,850	)		(4,177	)
Payment for buyback of equity shares, including tax and transaction cost		(145,173	)		—

Net cash generated from/(used in) financing activities		(151,477	)		14,284

Net increase in cash and cash equivalents during the period		6,272			7,013
Effect of exchange rate changes on cash and cash equivalents		(259	)		591
Cash and cash equivalents at the beginning of the period		91,861			96,951

Cash and cash equivalents at the end of the period		97,874			104,555

11. Events after the reporting period

The Board of Directors in their meeting held on October 17, 2024 approved issue of bonus shares, commonly known as issue of stock dividend in the US, in the proportion of 1:1, i.e. 1 (one) bonus equity share of ₹ 2 each for every 1 (one) fully paid-up equity shares held (including ADS holders) as on the record date, subject to approval by the Members of the Company through Postal Ballot. The bonus issue, if approved, will not affect the ratio of ADSs to equity shares, such that each ADS after the bonus issue will continue to represent one equity share of par value of ₹ 2 per share. On completion of bonus issue, the Earnings Per Share for all periods presented will be adjusted retrospectively.