Mphasis - Decline In DXC Moderates Revenue Growth: ICICI Direct
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Mphasis - Decline In DXC Moderates Revenue Growth: ICICI Direct

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

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).

Click on the attachment to read the full report:

ICICI Direct Mphasis Company Update.pdf

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