Mphasis reports 7% rise in Q3 consolidated net profit

05 Feb 2016

Mphasis has reported results for third quarter ended December 31, 2015. 

The company has reported 15.52% fall in its net profit at Rs 122.29 crore for the quarter ended December 31, 2015 as compared to Rs 144.76 crore for the same quarter in the previous year. The company’s total income has decreased by 2.98% to Rs 769.63 crore for the quarter under review from Rs 793.25 crore for the corresponding quarter of the previous year.   

On the consolidated basis, the company has reported 7.21% rise in its net profit after taxes, minority interest and share of profit of associates of Rs 173.63 crore for the quarter ended December 31, 2015 as compared to Rs 161.95 crore for the same quarter in the previous year. Total income of the company has increased by 6.98% at Rs 1562.29 crore for quarter under review as compared to Rs 1460.39 crore for the quarter ended December 31, 2014.      

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