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Mphasis Q4 Results: Profit dips 3% YoY; revenue falls by 5%

Mphasis Q4 Results: Revenue from operations during the quarter declined 1.5% to Rs 3,412 crore as compared to Rs 3,361 crore in the year ago quarter. Sequentially, the revenues fell 2.2% from Rs 3,337.9 crore in December quarter. ....

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Mphasis consolidated net profit declines 10.2% to Rs 316.9 cr in Q4


IT firm Mphasis has reported a 10.2 per cent decline in its consolidated net profit to Rs 316.9 crore in the March 2021 quarter.
The company s net profit stood at Rs 353.2 crore in the year-ago period, the company said late Thursday night.
Its revenue from operations grew 7.5 per cent to Rs 2,524.2 crore in the quarter from Rs 2,346.1 crore in the year-ago period, it added.
For the full fiscal 2019-20, Mphasis net profit was up 2.7 per cent to Rs 1,216.8 crore from Rs 1,184.8 crore. Excluding one-time income tax benefit of Rs 42.4 crore in FY20, net profit grew 6.5 per cent.
Revenue from operations was higher by 9.9 per cent to Rs 9,722.3 crore in FY21 from Rs 8,843.5 crore in the previous financial year. ....

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