Mphasis reports 15% rise in Q2 consolidated net profit

Mphasis reports 15% rise in Q2 consolidated net profit

Total income of the company has increased by 6.48% at Rs 1606.66 crore for quarter under review
Mphasis has reported results for second quarter ended September 30, 2015.

The company has reported 1.02% fall in its net profit at Rs 142.47 crore for the quarter ended September 30, 2015 as compared to Rs 143.94 crore for the same quarter in the previous year. The company’s total income has decreased by 0.14% to Rs 797.54 crore for the quarter under review from Rs 798.69 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 15.31% rise in its net profit after taxes, minority interest at Rs 184.72 crore for the quarter ended September 30, 2015 as compared to Rs 160.20 crore for the same quarter in the previous year. Total income of the company has increased by 6.48% at Rs 1606.66 crore for quarter under review as compared to Rs 1508.82 crore for the quarter ended September 30, 2014.
source : ventura