Download Unicorn Signals App

Powered By EquityPandit
Latest News

Mphasis reports Q4, net profit increases 17% to Rs 184 cr in FY17

Mphasis has posted a 17.6 percent increase in its consolidated net profit at Rs 184.1 crore for the period ended March 31.

The company has reported a net profit of Rs 156.5 crore in the same period in previous year.

Nitin Rakesh, Mphasis Chief Executive Officer and Executive Director has said that “We are witnessing good momentum in our sales pipeline and in next-generation services across direct core and DXC/HPE business. The Blackstone portfolio companies offer us additional tailwinds to accelerate growth and we are on our execution path. Our size is our advantage; it gives us agility as well as scale to deliver.”

Read EquityPandit’s Technical Analysis of Nifty

Get Daily Prediction & Stocks Tips On Your Mobile