Mphasis Q1 net profit up 2.4 pc to Rs 264.6 cr

Press Trust of India  |  New Delhi 

IT firm Mphasis Group on Thursday reported a 2.4 per cent rise in consolidated net profit at Rs 264.6 crore for the June 2019 quarter.

The company had posted a net profit of Rs 258.3 crore in the year-ago period, Mphasis said in a regulatory filing.

Its revenue from operations increased 13.3 per cent to Rs 2,062.5 crore in the quarter under review from Rs 1,820.2 crore in the April-June 2018 period, it added.

The company said it registered new deal wins of USD 151 million in its Direct International business, of which 80 per cent are in new-gen services.

Earnings per share (EPS) grew 6.4 per cent year-on-year to Rs 14.2.

"Our growth has been broad based across all segments as we continue to play a strategic role in helping our clients with their business transformation," Mphasis Chief Executive Officer and Executive Director Nitin Rakesh said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, July 25 2019. 20:20 IST