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ICICI Direct Report
Mphasis Ltd.’s dollar revenues increased 2.0% QoQ in constant currency terms to $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 basis points QoQ to 16.1% due to higher selling expenses.
Profit after tax declined 2.6% QoQ to Rs 316.9 crore.
The company has declared a dividend of Rs 65 per share (which includes special dividend of Rs 27 per share).
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