Categories AlphaGraphs, Earnings

Mphasis Ltd Q2FY24; 6% 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 Q2FY24 of ₹3,276.00 Crores down from ₹3,520.00 Crore year on year, a fall of 6.93%.
  • Total Expenses for Q2FY24 of ₹2,804.00 Crores down from ₹3,008.00 Crores year on year, a fall of 6.78%.
  • Consolidated Net Profit of ₹392.00 Crores down 6.22% from ₹418.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹20.78, down 6.56% from ₹22.24 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.

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