Mphasis Ltd.

BSE: 526299 | NSE: MPHASIS
Mid Cap | IT - Software
2885.20
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Mphasis reports 11% fall in Q1 consolidated net profit

Date: 30-07-2015

Mphasis has reported results for first quarter ended June 30, 2015.

The company has reported a fall of 14.83% in its net profit at Rs 114.95 crore for the quarter ended June 30, 2015 as compared to Rs 134.96 crore for the same quarter in the previous year. The company’s total income has decreased by 2.62% to Rs 789.01 crore for the quarter under review, from Rs 810.21 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 10.60% fall in its net profit after taxes and minority interest at Rs 156.26 crore for the quarter ended June 30, 2015 as compared to Rs 174.79 crore for the same quarter in the previous year. However, total income of the company has increased by 1.76% at Rs 1552.73 crore for quarter under review as compared to Rs 1525.8 crore for the quarter ended June 30, 2014.