Mphasis Ltd.

BSE: 526299 | NSE: MPHASIS
Mid Cap | IT - Software
2886.80
95.80 (3.43%)
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Mphasis reports 18% fall in Q1 net profit

Date: 02-03-2012

Mphasis has reported 18.45% fall in its consolidated net profit to Rs 184.84 crore for the first quarter ending January 31, 2012. The company had posted a net profit of Rs 226.67 crore in the corresponding period last year.

Consolidated revenues of the company rose by 10% to Rs 1,367.18 crore from Rs 1,233.50 crore in the same period last year.

The banking and capital market segment contributed Rs 356.86 crore, while the insurance segment's revenues stood at Rs 158.23 crore in the reported quarter. Information technology, communication and entertainment vertical segment contributed Rs 378.31 crore, while emerging industries' vertical accounted for Rs 499.50 crore in the quarterly revenues.