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Mphasis Ltd Q3FY24; 9% 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.

Financial Results:

Mphasis Ltd reported Revenues for Q3FY24 of ₹3,338.00 Crores down from ₹3,506.00 Crore year on year, a fall of 4.79%.

Total Expenses for Q3FY24 of ₹2,893.00 Crores down from ₹2,995.00 Crores year on year, a fall of 3.41%.

Consolidated Net Profit of ₹374.00 Crores down 9.22% from ₹412.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹19.79, down 9.59% from ₹21.89 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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