• Wipro average return on tangible equity for 2024 was 28.3, a 5.73% decline from 2023.
• Wipro average return on tangible equity for 2023 was 30.02, a 5.51% decline from 2022.
• Wipro average return on tangible equity for 2022 was 31.77, a 3.38% decline from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.