Mphasis Ltd consolidated Q1FY24 net profit slips to Rs. 396.05 crores

MphasiS Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 3302.357 crores during the period ended June 30, 2023 as compared to Rs. 3403.820 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 396.052 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 405.307 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 20.93 for the period ended June 30, 2023 as compared to Rs. 21.39 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 3302.357 crs	₹3403.820 crs	-2.98%
Net Profit	₹396.052 crs	₹405.307 crs	-2.28%
EPS	₹20.93	₹21.39	-2.15%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 3302.357 crores during the period ended June 30, 2023 as compared to Rs.3446.857 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.396.052 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.401.879 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.20.93 for the period ended June 30, 2023 as compared to Rs.21.17 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 3302.357 crs	₹3446.857 crs	-4.19%
Net Profit	₹396.052 crs	₹401.879 crs	-1.45%
EPS	₹20.93	₹21.17	-1.13%

Shares of MphasiS Limited was last trading in BSE at Rs. 2214.15 as compared to the previous close of Rs. 2167.75. The total number of shares traded during the day was 25183 in over 2224 trades.

The stock hit an intraday high of Rs. 2220.20 and intraday low of 2142.45. The net turnover during the day was Rs. 55443816.00.

Source : Equity Bulls

Keywords

Mphasis Q1FY24 ResultUpdate