Exhibit 99.1

  FOR IMMEDIATE RELEASE

Results for the Quarter ended December 31, 2019 under IFRS

IT Services Revenue for the quarter grew by 2.2% QoQ

IT Services Operating Margin at 18.4%

Bangalore, India and East Brunswick, New Jersey, USA – January 14, 2020 - Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) today announced financial results under International Financial Reporting Standards (IFRS) for its quarter ended December 31, 2019.

Highlights of the Results

Results for the Quarter ended December 31, 2019:

• Gross Revenue was ₹154.7 billion ($2.2 billion¹), an increase of 2.7% YoY

• IT Services Segment Revenue was at $2,094.8 million, a sequential growth of 2.2%

• Non-GAAP² constant currency IT Services Segment Revenue increased by 1.8% QoQ

• IT Services Operating Margin³ for the quarter was at 18.4%, an increase of 0.3% QoQ

• Net Income for the quarter was ₹24.6 billion ($344 million¹), a decrease of 2.2% YoY

• EPS for the quarter was ₹4.3 ($0.06¹) per share and grew 3.2% YoY

• Wipro declared an interim dividend of ₹1 ($0.014¹) per equity share/ADS

Performance for the quarter ended December 31, 2019

Abidali Z. Neemuchwala, CEO and Managing Director said, “We have delivered a good quarter with secular growth across all business units, geographies and practices. We remain focused on deepening our customer relationships, converting our funnel and winning large deals.”

Jatin Dalal, Chief Financial Officer said, “We expanded operating margins by 0.3% aided by a favorable movement in the currency. Further, we generated strong operating cash flows led by disciplined execution at 124% of our Net Income.”

Outlook for the quarter ending March 31, 2020

We expect Revenue from our IT Services business to be in the range of $2,095 million to $2,137 million*. This translates to a sequential growth of 0.0% to 2.0%.

* Outlook is based on the following exchange rates: GBP/USD at 1.30, Euro/USD at 1.11, AUD/USD at 0.68, USD/INR at 71.28 and USD/CAD at 1.32

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 = ₹71.36, as published by the Federal Reserve Board of Governors on December 31, 2019. However, the realized exchange rate in our IT Services business segment for the quarter ended December 31, 2019 was US$1= ₹72.09

2. Constant currency revenue for a period is the product of volumes in that period times the average actual exchange rate of the corresponding comparative period

3. IT Services Operating Margin refers to Segment Results Total as reflected in IFRS financials

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IT Services

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

• Wipro has secured a multi-year managed IT services contract from a leading airport in the Middle East wherein Wipro will leverage its strong domain expertise, digital transformation & innovation capabilities and integrated service delivery model to transform the airport’s IT operations

• Wipro has won a large strategic deal from a leading European manufacturer of hi-tech components for the automotive industry to consolidate, standardize, and automate their IT operations globally. The engagement will drive operational excellence, enhance user experience and foster innovation. This will be done leveraging the hyper-automation capabilities of Wipro HOLMES^™, Wipro’s global delivery model and strong domain & digital expertise

• Wipro has been awarded a strategic multi-year cyber governance, cloud and infrastructure services transformation engagement by Olympus, a global medtech company headquartered in Japan

• Wipro has won a multi-year managed services contract from a leading UK-headquartered construction company to run and transform their entire IT operations and enhance user experience

• A multinational food and drink processing conglomerate has awarded its Platform and Cloud Services contract with Wipro to transform their operations and ensure next-generation service readiness

Digital & Cloud Application Services Highlights

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

• Wipro has secured a contract from one of the largest US-based integrated healthcare delivery systems to bolster enterprise security and operations, leveraging Wipro’s Security Intelligence as a Service (SIaaS) managed services

• A US-based healthcare company has awarded Wipro a contract to streamline their enterprise operations and deploy new technologies to enable rapid growth, leveraging Topcoder

• A European start-up has awarded Wipro Digital a multi-year, multi-million-dollar strategic contract to develop and run a new-age payment and loyalty solution for the hospitality, travel and retail industry, leveraging Topcoder

• Wipro has secured a strategic contract from a global supplier of semiconductors and infrastructure software products to accelerate their product development

• A multinational financial services company has awarded Wipro Digital a contract to reimagine and redesign its investment platform

Analyst Accolades and Awards

• Wipro positioned as a Leader in Gartner Magic Quadrant for Application Testing Services, Worldwide, Gunjan Gupta et al., 25 Nov 2019

• Wipro positioned as a Leader in IDC MarketScape Worldwide Business Process Outsourcing for AML and KYC 2019 Vendor Assessment (Doc #US44398519, December 2019)

• Wipro recognized as a Leader and Star Performer by Everest Group in Enterprise Blockchain services PEAK Matrix^™ Assessment 2020

• Wipro recognized as a Leader and Star Performer by Everest Group in Application Transformation Services PEAK Matrix^™ Assessment 2020

• Wipro recognized as a Leader and Star Performer in Everest Group Application and Digital Services in Capital Markets – Services PEAK Matrix^™ Assessment 2020

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• Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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

IT Products

• IT Products Segment Revenue for the quarter was ₹2.6 billion ($36.1 million¹).

• IT Products Segment Results for the quarter was a loss of ₹0.14 billion ($1.96 million¹).

India State Run Enterprises (ISRE)

• India SRE Segment Revenue for the quarter was ₹1.8 billion ($25.9 million¹).

• India SRE Segment Results for the quarter was a loss of ₹0.53 billion ($7.4 million¹).

Please refer the table on page 8 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 tables on page 8 provide 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. Further, in the normal course of business, we may divest a portion of our business which may not be strategic. We refer to the growth rates in both reported and constant currency adjusting for such divestments in order to represent the comparable growth rates.

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.

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Results for the quarter ended December 31, 2019, 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 7:15 p.m. Indian Standard Time (8:45 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- https://links.ccwebcast.com/?EventId=WIPRO2010114.

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 175,000 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
Aparna Iyer	Abhishek Kumar Jain	Vipin Nair
Phone: +91-80-4672 7139	Phone: +91-80-6142 6143	Phone: +91-80-3991 6450
iyer.aparna@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)

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WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

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

	As at March 31, 2019		As at December 31, 2019
					Convenience translation into US dollar in millions Refer footnote 1 in page 1
ASSETS
Goodwill		116,980		123,706		1,734
Intangible assets		13,762		14,632		205
Property, plant and equipment		70,601		78,552		1,101
Right-of-use assets		—		15,706		220
Financial assets
Derivative assets		173		—		—
Investments		6,916		9,045		127
Trade receivables		4,373		4,373		61
Other financial assets		5,146		4,790		67
Investments accounted for using the equity method		1,235		1,291		18
Deferred tax assets		5,604		5,943		83
Non-current tax assets		20,603		12,412		174
Other non-current assets		15,872		11,652		163
Total non-current assets		261,265		282,102		3,953
Inventories		3,951		2,063		29
Financial assets
Derivative assets		4,931		1,352		19
Investments		220,716		164,256		2,302
Cash and cash equivalents		158,529		186,637		2,615
Trade receivables		100,489		100,622		1,410
Unbilled receivables		22,880		24,663		346
Other financial assets		14,611		9,538		134
Contract assets		15,038		14,553		204
Current tax assets		7,435		3,459		48
Other current assets		23,086		21,999		308
		571,666		529,142		7,415
Assets held for sale		240		—		—
Total current assets		571,906		529,142		7,415
TOTAL ASSETS		833,171		811,244		11,368
EQUITY
Share capital		12,068		11,426		160
Securities premium reserve		533		1,179		17
Retained earnings		534,700		503,167		7,051
Share-based payment reserve		2,617		2,203		31
Other components of equity		18,198		21,679		304
Equity attributable to the equity holders of the Company		568,116		539,654		7,563
Non-controlling interest		2,637		1,580		22
TOTAL EQUITY		570,753		541,234		7,585
LIABILITIES
Financial liabilities
Long - term loans and borrowings		28,368		22,299		312
Derivative liabilities		—		4
Lease liabilities		—		10,632		149
Other financial liabilities		—		5		—
Deferred tax liabilities		3,417		3,522		49
Non-current tax liabilities		11,023		11,549		162
Other non-current liabilities		5,258		6,152		86
Provisions		2		2		—
Total non-current liabilities		48,068		54,165		758
Financial liabilities
Loans, borrowings and bank overdrafts		71,099		72,380		1,014
Derivative liabilities		1,310		1,573		22
Trade payables and accrued expenses		88,304		80,570		1,130
Lease liabilities		—		6,389		90
Other financial liabilities		644		604		8
Contract liabilities		24,768		21,153		296
Current tax liabilities		9,541		13,903		195
Other current liabilities		18,046		18,749		263
Provisions		638		524		7
Total current liabilities		214,350		215,845		3,025
TOTAL LIABILITIES		262,418		270,010		3,783
TOTAL EQUITY AND LIABILITIES		833,171		811,244		11,368

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WIPRO LIMITED AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED STATEMENT OF INCOME

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

	Three months ended December 31,									Nine months ended December 31,
	2018			2019			2019			2018			2019			2019
							Convenience translation into US dollar in millions Refer footnote 1 in page  1									Convenience translation into US dollar in millions Refer footnote 1 in page  1
Revenues		150,595			154,705			2,168			435,782			453,122			6,350
Cost of revenues		(103,971	)		(109,673	)		(1,537	)		(306,091	)		(321,952	)		(4,512	)
Gross profit		46,624			45,032			631			129,691			131,170			1,838
Selling and marketing expenses		(11,889	)		(11,030	)		(154	)		(33,516	)		(32,612	)		(457	)
General and administrative expenses		(6,978	)		(7,496	)		(105	)		(29,282	)		(22,142	)		(310	)
Foreign exchange gains/(losses), net		911			727			10			2,899			2,176			30
Other operating income		—			—			—			2,798			749			10
Results from operating activities		28,668			27,233			382			72,590			79,341			1,111
Finance expenses		(1,627	)		(1,844	)		(26	)		(4,845	)		(5,675	)		(80	)
Finance and other income		5,362			5,370			75			15,695			19,174			269
Share of net profit /(loss) of associates accounted for using the equity method		7			34			—			(26	)		16			—
Profit before tax		32,410			30,793			431			83,414			92,856			1,300
Income tax expense		(6,966	)		(6,164	)		(86	)		(18,178	)		(18,594	)		(261	)
Profit for the period		25,444			24,629			345			65,236			74,262			1,039
Profit attributable to:
Equity holders of the Company		25,103			24,558			344			65,198			73,958			1,035
Non-controlling interest		341			71			1			38			304			4
Profit for the period		25,444			24,629			345			65,236			74,262			1,039
Earnings per equity share:
Attributable to equity share holders of the Company
Basic		4.18			4.31			0.06			10.86			12.58			0.18
Diluted		4.17			4.30			0.06			10.83			12.55			0.18
Weighted average number of equity shares used in computing earnings per equity share
Basic		6,006,062,585			5,692,132,118			5,692,132,118			6,006,193,456			5,879,588,157			5,879,588,157
Diluted		6,020,671,301			5,703,265,041			5,703,265,041			6,020,140,129			5,892,966,906			5,892,966,906

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Particulars	Three months ended									Nine months ended						Year ended
	December 31, 2019			September 30, 2019			December 31, 2018			December 31, 2019			December 31, 2018			March 31, 2019
	Audited			Audited			Audited			Audited			Audited			Audited
Revenue
IT Services
BFSI		46,612			45,760			45,979			137,767			129,219			175,262
Health BU		19,799			18,981			19,241			57,651			55,793			75,081
CBU		25,443			23,530			22,875			71,339			65,646			89,313
ENU		19,553			18,888			18,996			56,873			54,202			72,830
TECH		18,584			19,148			19,104			56,392			58,189			76,591
MFG		12,450			11,886			11,981			35,672			34,945			46,496
COMM		8,565			8,368			8,480			25,387			24,394			32,680
Total of IT Services		151,006			146,561			146,656			441,081			422,388			568,253
IT Products		2,576			3,233			3,145			8,218			9,553			12,312
ISRE		1,847			2,069			1,713			6,059			6,757			8,544
Reconciling Items		3			(16	)		(8	)		(60	)		(17	)		(49	)
Total Revenue		155,432			151,847			151,506			455,298			438,681			589,060
Other operating Income
IT Services		—			50			—			749			2,798			4,344
Total Other Operating Income		—			50			—			749			2,798			4,344
Segment Result
IT Services
BFSI		8,246			8,407			9,095			25,988			24,182			33,831
Health BU		3,186			2,863			1,973			8,978			6,698			8,638
CBU		4,725			3,952			5,291			12,183			12,112			16,828
ENU		3,130			3,084			3,613			8,410			4,294			7,081
TECH		3,256			3,624			4,177			10,406			12,885			15,916
MFG		2,385			2,439			2,391			6,916			6,065			8,327
COMM		1,444			1,044			1,578			4,006			3,411			4,396
Unallocated		1,360			1,044			976			3,124			1,981			3,142
Other Operating Income		—			50			—			749			2,798			4,344
Total of IT Services		27,732			26,507			29,094			80,760			74,426			102,503
IT Products		(140	)		149			212			(398	)		(954	)		(1,047	)
ISRE		(528	)		(177	)		(686	)		(1,341	)		(1,054	)		(1,829	)
Reconciling Items		169			256			48			320			172			283
Total		27,233			26,735			28,668			79,341			72,590			99,910
Finance Expense		(1,844	)		(2,247	)		(1,627	)		(5,675	)		(4,845	)		(7,375	)
Finance and Other Income		5,370			6,857			5,362			19,174			15,695			22,923
Share of net profit/ (loss) of associates accounted for using the equity method		34			(2	)		7			16			(26	)		(43	)
Profit before tax		30,793			31,343			32,410			92,856			83,414			115,415

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The Company is organized into the following operating segments: IT Services, IT Products and India State Run Enterprise segment (ISRE).

IT Services: The IT Services segment primarily consists of IT Service offerings to customers organized by industry verticals.

The industry verticals are as follows: Banking, Financial Services and Insurance (BFSI), Health Business unit (Health BU), Consumer Business unit (CBU), Energy, Natural Resources & Utilities (ENU), Manufacturing (MFG), Technology (TECH) and Communications (COMM). 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.

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.

India State Run Enterprise segment (ISRE): This segment consists of IT Services offerings to entities/ departments owned or controlled by Government of India and/ or any State Governments

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

Three Months ended December 31, 2019
IT Services Revenue as per IFRS	$	2,094.8
Effect of Foreign currency exchange movement	$	(9.1	)
Non-GAAP Constant Currency IT Services Revenue based on	$	2,085.7
previous quarter exchange rates

Three Months ended December 31, 2019
IT Services Revenue as per IFRS	$	2,094.8
Effect of Foreign currency exchange movement	$	8.4
Non-GAAP Constant Currency IT Services Revenue based on exchange rates of comparable period in previous year	$	2,103.2

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