Mphasis profit for Nov-Mar at Rs 302.68 cr

Mphasis profit for Nov-Mar at Rs 302.68 cr

FPJ BureauUpdated: Saturday, June 01, 2019, 12:50 PM IST
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New Delhi :  HP-owned IT services firm Mphasis said its consolidated net profit stood at Rs 302.68 crore for the five months ended March.

The Bangalore-based firm has changed its financial year from October 31, to March 31, and consequently, the results represents results of five months of operations (November to March).          Consolidated net sales for the country’s sixth largest IT services firm stood at Rs 2,593.83 crore in the November-March period.

“We are seeing excellent traction within our customer base. Our intense focus on customer delight and specialisation is yielding results,” Mphasis Chief Executive Officer Ganesh Ayyar told PTI.        “We have a very strong pipeline and are more bullish than ever before,” he added.

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