On Thursday, IT firm Mphasis had reported a 9.8 per cent increase in consolidated net profit at Rs 357.6 crore for the December 2021 quarter.
The company’s net profit stood at Rs 325.5 crore in the year-ago period, Mphasis said in a regulatory filing. Adjusted for M&A charges, net profit grew 16.8 per cent year-on-year to Rs 380.2 crore, it added.
- Delhi Govt Allocates Rs 2,144 Crore for Ayushman Bharat in First Budget
- India Considers Tariff Reductions on $23 Billion in US Imports to Protect $66 Billion in Exports
- Trump Announces 25% Additional Tariff on Venezuela Trade
- Best 10 Reasons To Invest In Gold: Benefits of Investing in Gold
- Rail Vikas Nigam Shares Surge 3% on Emerging L1 for Rs 115 Crore Contract
Revenue from operations grew 26.2 per cent to Rs 3,123.7 crore in the reported quarter from Rs 2,474.3 crore in the year-ago period.
The company said its gross revenue grew 7.8 per cent quarter-on-quarter and 24.2 per cent year-on-year in constant currency terms.