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Mphasis Q2 net profit rises 15% to Rs 185 crore

The net profit stood at Rs 160.2 crore for the same quarter last year, Mphasis said in a BSE filing.

twitter-logo PTI   New Delhi     Last Updated: October 21, 2015  | 13:49 IST
Mphasis Q2 net profit rises 15% to Rs 185 crore
Picture for representational purpose. Net sales for the quarter under review came in at Rs 1,557.46 crore, up 6.30 per cent from Rs 1,464.87 crore in the year-ago period.

IT firm Mphasis on Wednesday reported a 15.30 per cent rise in consolidated net profit at Rs 184.72 crore for the quarter ended September 30, 2015.

The figure stood at Rs 160.2 crore for the same quarter last year, Mphasis said in a BSE filing.

Net sales for the quarter under review came in at Rs 1,557.46 crore, up 6.30 per cent from Rs 1,464.87 crore in the year-ago period.

Overall expenses during the quarter were at Rs 1,340.86 crore as against Rs 1,275.03 crore in the same quarter a year ago, an increase of 5.16 per cent.

The stock was trading at Rs 459.45, up 9.89 per cent from its previous close on the BSE.

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