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Mphasis reports 4% fall in Q2 net profit

30 May 2013 Evaluate

Mphasis reported results for the second quarter ended March 31, 2013.

The company has reported a fall of 4.32% in its net profit at Rs 138.48 crore in Q4FY13 as compared to net profit of Rs 144.73 crore in the same quarter previous year. However, total income of the company has increased marginally by 0.26% to Rs 904.03 crore as compared to Rs 901.71 crore in corresponding quarter last year.

On consolidated basis, the company has reported a fall of 6.80% in its net profit after taxes at Rs 176.54  crore in Q4FY13 as compared to net profit of Rs 189.43 crore in the same quarter previous year.  However, total income of the company has increased by 5.21% to Rs 1440.95 crore as compared to Rs 1369.61 crore in corresponding quarter last year.

Peers
Company Name CMP
TCS 2202.00
Infosys 1038.20
HCL Technologies 1207.00
Wipro 167.50
Tech Mahindra 1539.50
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