Exhibit 99.1

  FOR IMMEDIATE RELEASE  

Results for the Quarter ended June 30, 2018 under IFRS

EPS grows 9.9% YoY; sale of hosted data center business concluded

Bangalore, India and East Brunswick, New Jersey, USA – July 20, 2018 - Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) today announced financial results under International Financial Reporting Standards (IFRS) for its quarter ended June 30, 2018.

Highlights of the Results

Results for the Quarter ended June 30, 2018:

• Gross Revenue was ₹ 139.8 billion ($2.0 billion¹), up 1.5% sequentially and 2.6% YoY.

• IT Services Segment Revenue at ₹ 137.0 billion ($2.0 billion¹), up 2.2% sequentially and 5.2% YoY.

• IT Services Segment Revenue in dollar terms at $2,026.5 million, down 1.7% sequentially, up 2.8% YoY.

• Non-GAAP constant currency IT Services Segment Revenue up 0.1% sequentially and 2.4% YoY.

• IT Services Margin² for the quarter at 17.2%. This includes a gain of ₹ 2,529 million ($36.9 million¹) from the sale of our hosted data center business in the quarter ended June 30, 2018.

• EPS for the quarter at ₹ 4.71 ($0.07¹) per share, an increase of 9.9% YoY.

Performance for the Quarter ended June 30, 2018

Abidali Z. Neemuchwala, CEO and Member of the Board said - “We have seen pickup in spending in the developed markets, particularly in North America and BFSI. Our investments in Digital continue to help us build differentiation in key industry segments, which is resulting in a consistent improvement in our client metrics. We have had a good quarter of order bookings and I am confident we are moving in the right direction.”

Jatin Dalal, Chief Financial Officer said -“We successfully concluded the sale of our hosted data center business in the quarter. We continue to improve our operating metrics and generated strong operating cash flows at 136% of our Net Income during the quarter.”

Outlook for the Quarter ending September 30, 2018

We expect Revenue from our IT Services business to be in the range of $2,009 million to $2,049 million*. This translates to a sequential growth of 0.3% to 2.3%, excluding the impact of the divestment of our hosted data center services business which concluded in the quarter ended June 30, 2018.

* Outlook is based on the following exchange rates: GBP/USD at 1.34, Euro/USD at 1.18, AUD/USD at 0.75, USD/INR at 68.50 and USD/CAD at 1.29.

1. For the convenience of the readers, the amounts in Indian Rupees in this release have been translated into United States Dollars at the certified foreign exchange rate of US$1 = ₹ 68.46, as published by the Federal Reserve Board of Governors on June 30, 2018. However, the realized exchange rate in our IT Services business segment for the quarter ended June 30, 2018 was US$1= ₹ 67.61.

2. IT Services Margin refers to Segment Results Total.

IT Services

Wipro continued its momentum in winning large deals globally as described below:

Wipro has won an applications cloud migration contract from a European investment bank for their repository of applications.

A major US airline has renewed its multi-year contract with Wipro for global contact center support and other business process services.

Wipro has won a multi-year business process operations transformation contract from an Australian construction and property management company. The engagement will leverage Wipro’s AI, cognitive-driven automation and platforms to standardize and transform the client’s finance and HR operations into a global shared services model.

Wipro has been awarded a multi-year cargo management contract by LATAM Cargo S.A., a leader in air cargo transport to, from and within Latin America. Wipro will deploy its end to end cargo management system, CROAMIS, for the client.

Wipro has been awarded a multi-year quality engineering transformation contract by a leading African financial services company. Our proprietary platforms - Wipro AssureNXT and Wipro HOLMES^TM will drive cost optimization as well as standardize and transform the quality engineering landscape for the client.

Digital Highlights

We continue to see increasing traction in digital oriented deals as illustrated below:

A global pharmaceutical company has selected Wipro to support its strategic assessment and go-to-market approach for its diagnostics business unit. The project will leverage Wipro’s industry expertise and service design methodology to help define a futuristic strategy roadmap for the business unit.

Wipro has won an application modernization and cloud migration contract from a global financial services company, aimed at driving greater business agility and improved end-customer experience.

Wipro and Designit have been selected by a leading North American student aid organization to help transform and reimagine its customer experience across its loan portals through redesigned business processes and digital touchpoints.

Wipro also continues to win deals in the cloud applications space by leveraging Appirio Cloud Services:

• An American retailer has extended its HR transformation contract with Wipro. This program will improve the customer experience as well as the employee satisfaction in its stores.

• A large medical advocacy group has selected Wipro as a partner to transform its employee and member experience. Wipro will implement a cloud-based solution to enhance the group’s human capital management, payroll and finance operations.

Analyst Accolades and Awards

Wipro was recognized as a Leader in the Nelson Hall NEAT assessment on Business Process Transformation through RPA & AI.

Wipro was recognized as a Leader in IDC MarketScape for Worldwide Manufacturing Information Transformation Strategic Consulting 2018 Vendor Assessment.

Wipro was recognized as a Leader in Everest Group’s Know Your Customer-Anti Money Laundering (KYC-AML) BPO – State of the Market with Services PEAK Matrix™ Assessment 2018.

Wipro has been awarded the National Intellectual Property (IP) Award 2018 by Intellectual Property Office (IPO), Government of India and The Department of Industrial Policy and Promotion (DIPP), in the ‘Top Public Limited Company / Private Limited Company for Patents & Commercialization in India’ category.

All product names, logos, and brands are property of their respective owners.

IT Products

• IT Products Segment Revenue for the quarter ended June 30, 2018 was ₹ 3.5 billion ($51.6 million¹).

• IT Products Margin for the quarter was -20.9%.

Please refer the table on page 9 for reconciliation between IFRS IT Services Revenue and IT Services Revenue on a non-GAAP constant currency basis.

About Non-GAAP Financial Measures

This press release contains non-GAAP financial measures within the meaning of Regulation G and Item 10(e) of Regulation S-K. Such non-GAAP financial measures are measures of our historical or future performance, financial position or cash flows that are adjusted to exclude or include amounts that are excluded or included, as the case may be, from the most directly comparable financial measure calculated and presented in accordance with IFRS.

The table on page 9 provides IT Services Revenue on a constant currency basis, which is a non-GAAP financial measure that is calculated by translating IT Services Revenue from the current reporting period into U.S. dollars based on the currency conversion rate in effect for the prior reporting period. We refer to growth rates in constant currency so that business results may be viewed without the impact of fluctuations in foreign currency exchange rates, thereby facilitating period-to-period comparisons of our business performance.

This non-GAAP financial measure is not based on any comprehensive set of accounting rules or principles and should not be considered a substitute for, or superior to, the most directly comparable financial measure calculated in accordance with IFRS, and may be different from non-GAAP measures used by other companies. In addition to this non-GAAP measure, the financial statements prepared in accordance with IFRS and the reconciliation of these non-GAAP financial measures with the most directly comparable IFRS financial measure should be carefully evaluated.

Results for the quarter ended June 30, 2018, prepared under IFRS, along with individual business segment reports, are available in the Investors section of our website www.wipro.com

Quarterly Conference Call

We will hold an earnings conference call today at 07:15 p.m. Indian Standard Time (09:45 a.m. U.S. Eastern Time) to discuss our performance for the quarter. The audio from the conference call will be available online through a web-cast and can be accessed at the following link- http://services.choruscall.eu/links/wipro180720.html

An audio recording of the management discussions and the question and answer session will be available online and will be accessible in the Investor Relations section of our website at www.wipro.com

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 160,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

Contact for Investor Relations		Contact for Media & Press
Vaibhav Saha	Abhishek Kumar Jain	Vipin Nair
Phone: +91-80-4672 6143	Phone: +1 978 826 4700	Phone: +91-80-3991 6450
vaibhav.saha@wipro.com	abhishekkumar.jain@wipro.com	vipin.nair1@wipro.com

Forward-Looking Statements

The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

# # #    (Tables to follow)

WIPRO LIMITED AND SUBSIDIARIES

CONDENSED CONSOLIDATED INTERIM STATEMENT OF FINANCIAL POSITION

(Rupees in millions, except share and per share data, unless otherwise stated)

	As of March 31,		As of June 30,
	2018		2018		2018
					Convenience translation into US dollar in millions (unaudited) Refer footnote 1 on Page 1
ASSETS
Goodwill		117,584		121,610		1,776
Intangible assets		18,113		17,868		261
Property, plant and equipment		64,443		65,357		955
Derivative assets		41		29		—
Investments		7,668		6,448		94
Investment in equity accounted investee		1,206		1,212		18
Trade receivables		4,446		4,179		61
Deferred tax assets		6,908		6,724		98
Non-current tax assets		18,349		19,269		281
Other non-current assets		15,726		16,547		242
Total non-current assets		254,484		259,243		3,786
Inventories		3,370		3,803		56
Trade receivables		100,990		97,608		1,426
Other current assets		30,596		26,415		386
Unbilled receivables		42,486		26,691		390
Contract assets		—		18,209		266
Investments		249,094		250,729		3,662
Current tax assets		6,262		6,787		99
Derivative assets		1,232		3,065		45
Cash and cash equivalents		44,925		70,685		1,033
		478,955		503,992		7,363
Assets held for sale		27,201		—		—
Total current assets		506,156		503,992		7,363
TOTAL ASSETS		760,640		763,235		11,149
EQUITY
Share capital		9,048		9,048		132
Share premium		800		861		13
Retained earnings		453,265		472,454		6,901
Share based payment reserve		1,772		1,958		29
Other components of equity		18,051		15,332		224
Equity attributable to the equity holders of the Company		482,936		499,653		7,299
Non-controlling interest		2,410		2,172		32
TOTAL EQUITY		485,346		501,825		7,331
LIABILITIES
Long - term loans and borrowings		45,268		47,060		687
Derivative liabilities		7		—		—
Deferred tax liabilities		3,059		2,407		35
Non-current tax liabilities		9,220		8,925		130
Other non-current liabilities		4,230		4,079		60
Provisions		3		2		—
Total non-current liabilities		61,787		62,473		912
Loans, borrowings and bank overdrafts		92,991		70,668		1,032
Trade payables and accrued expenses		68,129		75,530		1,103
Unearned revenues		17,139		18,801		276
Current tax liabilities		9,417		13,304		194
Derivative liabilities		2,210		3,287		48
Other current liabilities		16,613		16,575		242
Provisions		796		772		11
		207,295		198,937		2,906
Liabilities directly associated with assets held for sale		6,212		—		—
Total current liabilities		213,507		198,937		2,906
TOTAL LIABILITIES		275,294		261,410		3,818
TOTAL EQUITY AND LIABILITIES		760,640		763,235		11,149

WIPRO LIMITED AND SUBSIDIARIES

CONDENSED CONSOLIDATED INTERIM STATEMENTS OF INCOME

(Rupees in millions, except share and per share data, unless otherwise stated)

	Three months ended June 30,
	2017			2018			2018
							Convenience translation into US dollar in millions (unaudited) Refer Footnote 1 on Page 1
Gross revenues		136,261			139,777			2,042
Cost of revenues		(97,111	)		(100,350	)		(1,466	)
Gross profit		39,150			39,427			576
Selling and marketing expenses		(10,146	)		(10,813	)		(158	)
General and administrative expenses		(7,264	)		(8,608	)		(126	)
Foreign exchange gains/(losses), net		353			771			11
Other Operating Income		—			2,529			37
Results from operating activities		22,093			23,306			340
Finance expenses		(1,601	)		(1,649	)		(24	)
Finance and other income		6,327			5,197			76
Share of profits/(loss) of equity accounted investee		(1	)		(53	)		(1	)
Profit before tax		26,818			26,801			391
Income tax expense		(5,994	)		(5,865	)		(86	)
Profit for the period		20,824			20,936			305
Attributable to:
Equity holders of the Company		20,765			21,206			310
Non-controlling interest		59			(270	)		(5	)
Profit for the period		20,824			20,936			305
Earnings per equity share:
Attributable to equity share holders of the Company
Basic		4.29			4.71			0.07
Diluted		4.28			4.70			0.07
Weighted average number of equity shares used in computing earnings per equity share
Basic		4,845,115,238			4,503,615,899			4,503,615,899
Diluted		4,851,070,943			4,511,794,217			4,511,794,217
Additional Information
Segment Revenue
IT Services Business Units
BFSI		34,934			41,054			600
HLS+A24		19,150			18,209			266
CBU		20,535			21,987			321
ENU		17,464			17,205			251
TECH		17,664			19,504			285
MFG		11,678			11,304			165
COMM		8,831			7,740			113
IT SERVICES TOTAL		130,256			137,003			2,001
IT PRODUCTS		6,343			3,532			52
RECONCILING ITEMS		15			13			—
TOTAL		136,614			140,548			2,053

Segment Result
IT Services Business Units
BFSI	5,441		7,149		104
HLS	2,734		2,070		30
CBU	2,934		2,615		38
ENU	3,651		2,690		39
TECH	3,481		4,064		59
MFG	1,694		1,402		20
COMM	1,449		754		11
UNALLOCATED	532		695		10
OTHER OPERATING INCOME	—		2,529		37
TOTAL IT SERVICES	21,916		23,968		348
IT PRODUCTS	31		(740	)	(11	)
RECONCILING ITEMS	146		78		1
TOTAL	22,093		23,306		338
FINANCE EXPENSE	(1,601	)	(1,649	)	(24	)
FINANCE AND OTHER INCOME	6,327		5,197		77
SHARE OF PROFIT/(LOSS) OF EQUITY ACCOUNTED INVESTEE	(1	)	(53	)	—
PROFIT BEFORE TAX	26,818		26,801		391
INCOME TAX EXPENSE	(5,994	)	(5,865	)	(86	)
PROFIT FOR THE PERIOD	20,824		20,936		305

Segment result represents operating profits of the segments and dividend income and gains or losses (net) relating to strategic investments, which are presented within “Finance and other income” in the statement of Income.

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

IT Services: The IT Services segment primarily consists of IT Service offerings to customers organized by industry verticals. Effective April 1, 2018, consequent to change in organization structure, the Company reorganized its industry verticals. The Manufacturing (MFG) and Technology Business unit are split from the former Manufacturing & Technology (MNT) business unit. The revised industry verticals are as follows: Banking, Financial Services and Insurance (BFSI), Health Business unit (Health BU) previously known as Health Care and Life Sciences Business unit (HLS), Consumer Business unit (CBU), Energy, Natural Resources & Utilities (ENU), Manufacturing (MFG), Technology (TECH) and Communications (COMM). IT Services segment also includes Others which comprises dividend income relating to strategic investments, which are presented within “Financial and other Income” in the interim condensed consolidated statement of income. Key service offerings to customers includes software application development and maintenance, research and development services for hardware and software design, business application services, analytics, consulting, infrastructure outsourcing services and business process services.

Comparative information has been restated to give effect to the above changes.

IT Products: The Company is a value added reseller of desktops, servers, notebooks, storage products, networking solutions and packaged 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 the above items is reported as revenue from the sale of IT Products.

Reconciliation of Non-GAAP Constant Currency IT Services Revenue to IT Services Revenue as per IFRS ($MN)

Three Months ended June 30, 2018
IT Services Revenue as per IFRS	$	2,026.5
Effect of Foreign currency exchange movement	$	37.7
Non-GAAP Constant Currency IT Services Revenue based on previous quarter exchange rates	$	2,064.2
Three Months ended June 30, 2018
IT Services Revenue as per IFRS	$	2,026.5
Effect of Foreign currency exchange movement	$	(7.2	)
Non-GAAP Constant Currency IT Services Revenue based on exchange rates of comparable period in previous year	$	2,019.3