Mphasis - Direct Channel Drove Revenues In Q3: ICICI Direct
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Mphasis - Direct Channel Drove Revenues In Q3: 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. reported a healthy set of Q3 FY21 numbers. Revenues in dollar terms increased 2% QoQ mainly led by 5.6% QoQ growth in direct channel partially offset by 17.5% QoQ decline in DXC channel.

The company’s Ebit margin increased by 30 basis points QoQ to 16.4%.

In addition, the company has guided at margins of 15.5-16.5% for FY21E.

Click on the attachment to read the full report:

ICICI Direct Mphasis Company Update.pdf

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