EX-99.5

Exhibit 99.5

WIPRO LIMITED

CIN: L32102KA1945PLC020800 ; Registered Office : Wipro Limited, Doddakannelli, Sarjapur Road, Bangalore - 560035, India

Website: www.wipro.com ; Email id – info@wipro.com ; Tel: +91-80-2844 0011 ; Fax: +91-80-2844 0054

STATUTORILY AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE THREE AND SIX MONTHS ENDED SEPTEMBER 30, 2018

UNDER IFRS (IASB)

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


	Particulars	Three months ended									Six months ended						Year ended
		September 30, 2018			June 30, 2018			September 30, 2017			September 30, 2018			September 30, 2017			March 31, 2018
	Income from operations
	a) Revenue		145,410			139,777			134,234			285,187			270,495			544,871
	b) Other operating income		269			2,529			—			2,798			—			—
	c) Foreign exchange gains/(losses), net		1,217			771			453			1,988			806			1,488

I	Total income from operations		146,896			143,077			134,687			289,973			271,301			546,359

	Expenses
	a) Purchase of stock-in-trade		3,342			4,650			2,939			7,992			9,245			18,434
	b) (Increase)/Decrease in inventories of finished stock, work-in-progress and stock in process		(274	)		(473	)		(30	)		(747	)		425			505
	c) Employee benefit expense		74,216			72,042			67,612			146,258			135,054			272,223
	d) Depreciation, amortisation and impairment		4,370			4,337			5,200			8,707			10,143			21,124
	e) Sub-contracting/ technical fees		24,318			22,443			21,503			46,761			41,750			84,437
	f) Facility expenses		5,314			5,834			5,129			11,148			10,142			21,044
	g) Travel		4,172			4,445			4,536			8,617			8,902			17,399
	h) Communication		1,133			1,320			1,297			2,453			2,621			5,353
	i) Legal and professional fees		1,278			1,171			1,043			2,449			2,144			4,690
	j) Marketing and brand building		565			709			698			1,274			1,492			3,140
	k) Other expenses		7,846			3,293			1,719			11,139			4,249			13,716

II	Total expenses		126,280			119,771			111,646			246,051			226,167			462,065

III	Finance expenses		1,569			1,649			1,434			3,218			3,035			5,830
IV	Finance and Other Income		5,136			5,197			6,709			10,333			13,036			23,999
V	Share of profits/(loss) of equity accounted investees		20			(53	)		5			(33	)		4			11

VI	Profit before tax [I-II-III+IV+V]		24,203			26,801			28,321			51,004			55,139			102,474

VII	Tax expense		5,347			5,865			6,426			11,212			12,420			22,390

VIII	Net profit for the period [VI-VII]		18,856			20,936			21,895			39,792			42,719			80,084

IX	Total Other comprehensive income		2,227			(2,635	)		(426	)		(408	)		(1,075	)		(3,109	)

	Total comprehensive income for the period [VIII+IX]		21,083			18,301			21,469			39,384			41,644			76,975

X	Profit for the period attributable to:
	Equity holders of the Company		18,889			21,206			21,917			40,095			42,682			80,081
	Non-controlling Interest		(33	)		(270	)		(22	)		(303	)		37			3

			18,856			20,936			21,895			39,792			42,719			80,084

	Total comprehensive income for the period attributable to:
	Equity holders of the Company		20,971			18,487			21,463			39,458			41,590			76,956
	Non-controlling Interest		112			(186	)		6			(74	)		54			19

			21,083			18,301			21,469			39,384			41,644			76,975

XI	Paid up equity share capital (Face value ₹ 2 per share)		9,048			9,048			9,733			9,048			9,733			9,048
XII	Reserves excluding revaluation reserves and Non Controlling Interest as per balance sheet of previous accounting period																	473,888
XIII	Earnings per share (EPS)
	(Equity shares of par value of ₹ 2/- each)
	(EPS for the three and six months ended periods is not annualized)
	Basic (in ₹)		4.19			4.71			4.52			8.90			8.81			16.86
	Diluted (in ₹)		4.19			4.70			4.52			8.89			8.80			16.83

The audited consolidated financial results of the Company for the three and six months ended September 30, 2018 have been approved by the Board of Directors of the Company at its meeting held on October 24, 2018. The Company confirms that its statutory auditors, Deloitte Haskins & Sells LLP have issued audit reports with unmodified opinion on the consolidated financial results.

The above consolidated financial results have been prepared from the 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”).

3.	Adoption of IFRS 15 – Revenue from Contracts with Customers.

On April 1, 2018, the company adopted IFRS 15, “Revenue from Contracts with Customers” using the cumulative catchup transition method applied to contracts that were not completed as of April 1, 2018. Accordingly, the comparatives have not been retrospectively adjusted. The adoption of IFRS 15, did not have any material impact on the consolidated results for the three and six months ended September 30, 2018.

4.	List of subsidiaries and equity accounted investees as at September 30, 2018 are provided in the table below:


Subsidiaries	Subsidiaries	Subsidiaries	Country of Incorporation
Wipro LLC			USA
	Wipro Gallagher Solutions, LLC.		USA
		Opus Capital Markets Consultants LLC	USA
		Wipro Promax Analytics Solutions Americas LLC	USA
	Wipro Insurance Solutions LLC		USA
	Wipro IT Services, LLC.		USA
		HealthPlan Services Insurance Agency, LLC.	USA
		HealthPlan Services, Inc.	USA
		Appirio, Inc. **	USA
		Cooper Software, LLC.	USA
		Infocrossing, LLC	USA
Wipro Overseas IT Services Pvt. Ltd			India
Wipro Japan KK			Japan
Wipro Shanghai Limited			China
Wipro Trademarks Holding Limited			India
Wipro Travel Services Limited			India
Wipro Holdings (UK) Limited			U.K.
	Wipro Digital Aps		Denmark
		Designit A/S **	Denmark
	Wipro Europe Limited		U.K.
		Wipro UK Limited	U.K.
	Wipro Financial Services UK Limited		U.K.
Wipro Information Technology Austria GmbH			Austria
Wipro Technologies Austria GmbH			Austria
NewLogic Technologies SARL			France
Wipro Cyprus Public Limited			Cyprus
	Wipro Doha LLC #		Qatar
	Wipro Technologies SA DE CV		Mexico
	Wipro Philippines, Inc.		Philippines
	Wipro Holdings Hungary Korlátolt Felelosségu Társaság		Hungary
	Wipro Holdings Investment Korlátolt Felelosségu Társaság		Hungary


	Wipro Technologies SA		Argentina
	Wipro Information Technology Egypt SAE		Egypt
	Wipro Arabia Co. Limited *		Saudi Arabia
		Women’s Business Park Technologies Limited *	Saudi Arabia
	Wipro Poland SP Z.O.O		Poland
	Wipro IT Services Poland SP Z.O.O		Poland
	Wipro Technologies Australia Pty Ltd		Australia
	Wipro Corporate Technologies Ghana Limited		Ghana
	Wipro Technologies South Africa (Proprietary) Limited		South Africa
		Wipro Technologies Nigeria Limited	Nigeria
	Wipro IT Service Ukraine LLC		Ukraine
	Wipro Information Technology Netherlands BV.		Netherlands
		Wipro Portugal S.A. **	Portugal
		Limited Liability Company Wipro Technologies Limited	Russia
		Wipro Technology Chile SPA	Chile
		Wipro Solutions Canada Limited	Canada
		Wipro Information Technology Kazakhstan LLP	Kazakhstan
		Wipro Technologies W.T. Sociedad Anonima	Costa Rica
		Wipro Outsourcing Services (Ireland) Limited	Ireland
		Wipro Technologies VZ, C.A.	Venezuela
		Wipro Technologies Peru S.A.C	Peru
		Wipro do Brasil Servicos de Tecnologia S.A.	Brazil
		Wipro do Brasil Technologia Ltda **	Brazil
	Wipro Technologies SRL		Romania
	PT. WT Indonesia		Indonesia
	Wipro (Thailand) Co. Limited		Thailand
	Wipro Bahrain Limited WLL		Bahrain
	Wipro Gulf LLC		Sultanate of Oman
	Rainbow Software LLC		Iraq
	Cellent GmbH		Germany
		Cellent Mittelstandsberatung GmbH	Germany
		Cellent Gmbh **	Austria
Wipro Networks Pte Limited			Singapore
	Wipro (Dalian) Limited		China
	Wipro Technologies SDN BHD		Malaysia
Wipro Chengdu Limited			China
Appirio India Cloud Solutions Private Limited			India
Wipro IT Services Bangladesh Limited			Bangladesh
Alight HR Services India Private Limited			India

* 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 Co. Limited and 55% of the equity securities of Women’s Business Park Technologies Limited are held by Wipro Arabia Co. Limited.

# 51% of equity securities of Wipro Doha LLC are held by a local shareholder. However, the beneficial interest in these holdings is with the Company.

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

** Step Subsidiary details of Wipro Portugal S.A, Wipro do Brasil Technologia Ltda, Designit A/S, Cellent GmbH, and Appirio, Inc. are as follows:


Subsidiaries	Subsidiaries	Subsidiaries	Country of Incorporation
Wipro Portugal S.A.			Portugal
	Wipro Technologies GmbH		Germany
Wipro do Brasil Technologia Ltda			Brazil
	Wipro Do Brasil Sistemetas De Informatica Ltd		Brazil
Designit A/S			Denmark
	Designit Denmark A/S		Denmark
	Designit Germany GmbH		Germany
	Designit Oslo A/S		Norway
	Designit Sweden AB		Sweden
	Designit T.L.V Ltd.		Israel
	Designit Tokyo Ltd.		Japan
	Denextep Spain Digital, S.L		Spain
		Designit Colombia S A S	Colombia
		Designit Peru SAC	Peru
Cellent GmbH			Austria
	Frontworx Informations technologie GmbH		Austria
Appirio, Inc.			USA
	Appirio, K.K		Japan
	Topcoder, LLC.		USA
	Appirio Ltd		Ireland
		Appirio GmbH	Germany
		Apprio Ltd (UK)	U.K.
	Appirio Singapore Pte Ltd		Singapore

As at September 30, 2018, the Company held 43.7% interest in Drivestream Inc, 33% interest in Denim Group Limited and 33.3% in Denim Group Management, LLC, accoutned for using the equity method.

The list of controlled trusts are:


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

5.	Segment Information

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 (TECH) 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). 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.

The Chairman and Managing Director of the Company has been identified as the Chief Operating Decision Maker (CODM) as defined by IFRS 8, “Operating Segments.” The Chairman 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 segment for the three months ended September 30, 2018, June 30, 2018 and September 30, 2017, and the six months ended September 30, 2018 and September 30, 2017, and the year ended March 31, 2018 is as follows:


Particulars	Three months ended									Six months ended						Year ended
	September 30, 2018			June 30, 2018			September 30, 2017			September 30, 2018			September 30, 2017			March 31, 2018
	Audited			Audited			Audited			Audited			Audited			Audited
Revenue
IT Services
BFSI		44,105			41,054			36,349			85,159			71,283			148,062
Health BU		18,364			18,209			17,989			36,573			37,139			74,177
CBU		23,532			21,987			20,989			45,519			41,524			83,762
ENU		18,239			17,205			17,769			35,444			35,233			68,427
TECH		19,581			19,504			18,515			39,085			36,179			73,967
MFG		11,732			11,304			11,495			23,036			23,173			46,305
COMM		8,220			7,740			8,583			15,960			17,414			33,710

Total of IT Services		143,773			137,003			131,689			280,776			261,945			528,410
IT Products		2,876			3,532			2,988			6,408			9,331			17,998
Reconciling Items		(22	)		13			10			(9	)		25			(49	)

Total Revenue		146,627			140,548			134,687			287,175			271,301			546,359

Other operating Income
IT Services		269			2,529			—			2,798			—			—
IT Products		—			—			—			—			—			—

Total Other Operating Income		269			2,529			—			2,798			—			—

Segment Result
IT Services
BFSI		7,725			7,149			6,055			14,874			11,496			24,626
Health BU		2,659			2,070			2,698			4,729			5,432			9,620
CBU		4,156			2,615			3,244			6,771			6,178			13,060
ENU		(2,084	)		2,690			3,435			606			7,086			8,060
TECH		4,644			4,064			3,748			8,708			7,229			14,685
MFG		2,247			1,402			1,652			3,649			3,346			7,057
COMM		1,070			754			1,147			1,824			2,596			3,158
Unallocated		310			695			805			1,005			1,337			3,347
Other Operating Income		269			2,529			—			2,798			—			—

Total of IT Services		20,996			23,968			22,784			44,964			44,700			83,613

IT Products		(426	)		(740	)		88			(1,166	)		119			362
Reconciling Items		46			78			169			124			315			319

Total		20,616			23,306			23,041			43,922			45,134			84,294
Finance Expense		(1,569	)		(1,649	)		(1,434	)		(3,218	)		(3,035	)		(5,830	)
Finance and Other Income		5,136			5,197			6,709			10,333			13,036			23,999
Share of profit/ (loss) of equity accounted investee		20			(53	)		5			(33	)		4			11

Profit before tax		24,203			26,801			28,321			51,004			55,139			102,474

Notes:

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

Revenue from sale of traded cloud based licenses is reported as part of IT Services revenues.

For the purpose of segment reporting, the Company has included the impact of “foreign exchange gains / (losses), net” in revenues amounting to ₹ 1,217, ₹ 771 and ₹ 453 for the three months ended September 30, 2018, June 30, 2018 and September 30, 2017, respectively and ₹ 1,988 and ₹ 806 for the six months ended September 30, 2018 and September 30, 2017, respectively and ₹ 1,488 for the year ended March 31, 2018, which is reported as a part of “Other income” in the statement of profit and loss.

For evaluating performance of the individual operating segments, stock compensation expense is allocated on the basis of straight line amortization. The differential impact of accelerated amortization of stock compensation expense, over stock compensation expense allocated to the individual operating segments is reported in reconciling items.

The Company generally offers multi-year payment terms in certain total outsourcing contracts. These payment terms primarily relate to IT hardware, software and certain transformation services in outsourcing contracts. The finance income on deferred consideration earned under these contracts is included in the revenue of the respective segment and is eliminated under reconciling items.

Segment results for COMM and ENU industry vertical for year ended March 31, 2018 is after considering the impact of provision for impairment of receivables and deferred contract costs of ₹ 4,612, consequent to insolvency of two of our customers.

Net gain from the sale of hosted data center services business and disposal of Wipro Airport IT Services Limited, amounting to ₹ 269 and ₹ 2,798, is included as part of IT services segment result for the three months and six months ended September 30, 2018, respectively.

Segment results for ENU industry vertical for the period three months and six months ended September 30, 2018, is after considering the impact of ₹ 5,141 ($ 75) paid to National Grid on settlement of a legal claim against the Company.

6.	Other operating income

Sale of hosted data center services business: During the six months ended September 30, 2018, the Company has concluded the divestment of its hosted data center services business.

The calculation of the gain on sale is shown below:


Particulars	Total
Cash considerations (net of disposal costs ₹ 660)	₹	25,098
Less: Carrying amount of net assets disposed (including goodwill of ₹ 13,009)		(26,418	)
Add: Reclassification of exchange difference on foreign currency translation		4,131

Gain on sale	₹	2,811

In accordance with the sale agreement, total cash consideration is ₹ 27,790 and the Company paid ₹ 3,766 to subscribe for units issued by the buyer. Units amounting to ₹ 2,032 are callable by the buyer if certain business targets committed by the Company are not met over a period of three years. The fair value of these callable units is estimated to be insignificant as at reporting date. Consequently, the sale consideration accounted of ₹ 24,024 and units amounting to ₹ 1,734 units issued by the buyer.

Loss of control in subsidiary: During the six months ended September 30, 2018, the Company has reduced its equity holding from 74% to 11% in Wipro Airport IT Services Limited. The loss/ gain on this transaction is insignificant.

7.	Consolidated Balance Sheet


	As at March 31, 2018		As at September 30, 2018
ASSETS
Goodwill		117,584		128,026
Intangible assets		18,113		18,027
Property, plant and equipment		64,443		68,370
Derivative assets		41		17
Investments		7,668		7,494
Investment in equity accounted investee		1,206		1,305
Trade receivables		4,446		4,179
Deferred tax assets		6,908		8,861
Non-current tax assets		18,349		20,237
Other non-current assets		15,726		20,227

Total non-current assets		254,484		276,743

Inventories		3,370		4,060
Trade receivables		100,990		106,382
Other current assets		30,596		27,150
Unbilled receivables		42,486		28,685
Contract assets		—		18,573
Investments		249,094		248,815
Current tax assets		6,262		7,895
Derivative assets		1,232		3,793
Cash and cash equivalents		44,925		79,818

		478,955		525,171
Assets held for sale		27,201		—

Total current assets		506,156		525,171

TOTAL ASSETS		760,640		801,914


EQUITY
Share capital		9,048		9,048
Share premium		800		879
Retained earnings		453,265		491,401
Share based payment reserve		1,772		2,260
Other components of equity		18,051		17,414

Equity attributable to the equity holders of the Company		482,936		521,002
Non-controlling interest		2,410		2,312

TOTAL EQUITY		485,346		523,314


LIABILITIES
Long - term loans and borrowings		45,268		52,329
Derivative liabilities		7		—
Deferred tax liabilities		3,059		2,475
Non-current tax liabilities		9,220		9,543
Other non-current liabilities		4,230		4,688
Provisions		3		2

Total non-current liabilities		61,787		69,037

Loans, borrowings and bank overdrafts		92,991		62,726
Trade payables and accrued expenses		68,129		84,797
Unearned revenues		17,139		23,607
Current tax liabilities		9,417		13,667
Derivative liabilities		2,210		6,487
Other current liabilities		16,613		17,507
Provisions		796		772

		207,295		209,563
Liabilities directly associated with assets held for sale		6,212		—

Total current liabilities		213,507		209,563

TOTAL LIABILITIES		275,294		278,600

TOTAL EQUITY AND LIABILITIES		760,640		801,914

As part of a customer contract with Alight LLC, Wipro has acquired Alight HR Services India Private Limited for a consideration of ₹ 8,275 (USD 117). Considering the terms and conditions of the agreement, the Company has concluded that this transaction does not meet the definition of Business under IFRS 3. The transaction was consummated on September 1, 2018. Net assets taken over was ₹ 4,128. The excess of consideration paid and net assets taken over is accounted as ‘costs to obtain contract’, which will be amortized over the tenure of the contract as reduction in revenues.


By order of the Board,				For, Wipro Limited

				Azim H Premji
Place : Bengaluru				Executive Chairman
Date : October 24, 2018				& Managing Director