Q4FY21 Company Update - Mphasis - ICICI Direct

Mphasis' dollar revenues increased 2.0% QoQ in constant currency terms to US$342.2 million, mainly led by 3.5% QoQ growth in direct revenues partially offset by 7.7% QoQ decline in DXC revenues. EBIT margin declined 30 bps QoQ to 16.1% due to higher selling expenses. PAT declined 2.6% QoQ to Rs. 316.9 crore. The company has declared a dividend of Rs. 65/share (which includes special dividend of Rs. 27/share).

For details, click on the link below: Link to the report

Shares of MPHASIS LTD. was last trading in BSE at Rs.1801 as compared to the previous close of Rs. 1797.85. The total number of shares traded during the day was 14979 in over 1090 trades.

The stock hit an intraday high of Rs. 1801.4 and intraday low of 1764. The net turnover during the day was Rs. 26696000.

Source : Equity Bulls

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