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Mphasis Ltd Q1FY21 consolidated net profit drops QoQ to Rs. 275.11 crore



Posted On : 2020-07-24 08:29:57( TIMEZONE : IST )

Mphasis Ltd Q1FY21 consolidated net profit drops QoQ to Rs. 275.11 crore

MPHASIS LTD. has reported financial results for the period ended June 30, 2020.

Financial Results (Q1 FY 2020-21) - QoQ Comparison

The company has reported total income of Rs.2325.88 crores during the period ended June 30, 2020 as compared to Rs.2398.67 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.275.11 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.353.23 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.14.67 for the period ended June 30, 2020 as compared to Rs.18.82 for the period ended March 31, 2020.

FinancialsQ1 FY2020-21Q4 FY19-20% Change
Total Income₹ 2325.88 crs₹ 2398.67 crsDown Tick -3.03%
Net Profit₹ 275.11 crs₹ 353.23 crsDown Tick -22.12%
EPS₹ 14.67₹ 18.82Down Tick -22.05%

Financial Results (Q1 FY 2020-21) - YoY Comparison

The company has reported total income of Rs.2325.88 crores during the period ended June 30, 2020 as compared to Rs.2116.65 crores during the period ended June 30, 2019.

The company has posted net profit / (loss) of Rs.275.11 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.264.69 crores for the period ended June 30, 2019.

The company has reported EPS of Rs.14.67 for the period ended June 30, 2020 as compared to Rs.14.09 for the period ended June 30, 2019.

FinancialsQ1 FY2020-21Q1 FY2019-20% Change
Total Income₹ 2325.88 crs₹ 2116.65 crsUp Tick 9.88%
Net Profit₹ 275.11 crs₹ 264.69 crsUp Tick 3.94%
EPS₹ 14.67₹ 14.09Up Tick 4.12%

"Our clients have been overwhelmingly supportive over the past few months, and we have seen unprecedented levels of collaboration leading to opportunities to further step up the value pyramid. We have had our best quarter ever of deal wins; which, in the current environment, is a testament to the strength of our service offerings and the hard work of the Mphasis teams. This sets us up nicely to keep Mphasis on the growth path this year and gain further market share" said Nitin Rakesh, Chief Executive Officer and Executive Director, Mphasis.

Shares of MPHASIS LTD. was last trading in BSE at Rs.978.5 as compared to the previous close of Rs. 993.5. The total number of shares traded during the day was 7216 in over 819 trades.

The stock hit an intraday high of Rs. 1000.85 and intraday low of 975.55. The net turnover during the day was Rs. 7111481.

Source : Equity Bulls

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