IT Services business reported revenues of Rs. 52.60 billion for the quarter ended March 31, 2010, a growth of 7% YoY. EBIT for this segment was Rs. 12.72 billion for the quarter ended March 31, 2010, a growth of 20% YoY. Operating income to revenue for the quarter was 24.2%.

IT Services business added 27 new clients during the quarter.

We had 108,071 employees as of March 31, 2010, an increase of 5,325 people this quarter.

Wipro's innovative application services model, CIGMA (Centre for Integrated Global Management of Applications) won the NASSCOM IT Innovation Award in the Process Innovation category for the year. This award recognizes innovation in a company's business processes, models, inputs, go-to-market strategies, delivery models to realize significant business value.

Wipro's capability to be a transformational partner to our clients coupled with global domain expertise helped us secure several large deals this quarter.

Wipro has signed a multi-year, strategic partnership with consumer electronics retailer Best Buy Co., Inc. As part of the deal Wipro will provide a comprehensive range of technology and business services to the retailer across the globe.