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Mphasis Ltd Q1FY24; 1% fall in Profits

Mphasis a global Information Technology (IT) solutions provider specializing in providing cloud and cognitive services, applies next-generation technology to help enterprises transform businesses globally.(Source : 202003 Annual Report Page No:36)

Financial Results:

Mphasis Ltd reported Revenues for Q1FY24 of ₹3,252.00 Crores down from ₹3,411.00 Crore year on year, a fall of 4.66%.

Total Expenses for Q1FY24 of ₹2,776.00 Crores down from ₹2,914.00 Crores year on year, a fall of 4.74%.

Consolidated Net Profit of ₹396.00 Crores down 1.49% from ₹402.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹21.01, down 1.68% from ₹21.37 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: IT
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