Mphasis at seven year high
By
Ruma Dubey
about 7 years ago
Mphasis hit a seven year high today at Rs.735 on the back of its very good performance for Q2FY18.
The company posted a 6% (QoQ) growth in net profit at Rs.198 crore and revenue rose 4.5% at Rs.1604 crore. EBIT showed a 9% rise at Rs.231 crore and margins were better from 13.8% to 14.4%.
Improved utilization and better pricing realisations in onsite delivery helped growth.
27th Oct 2017 at 01:36 pm