Mphasis Q1 Review - Scores Well On All Metrics, Strong Gets Stronger: Prabhudas Lilladher

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..Prabhudas Lilladher Report.Mphasis Ltd.'s strong revenue growth of 6% q-o-q U.S. dollar was driven by exceptional performance in direct core business (up 10% QoQ U.S. dollar) partially offset continued decline in DXC (down 18.3% QoQ U.S. dollar).Revenue share of DXC has now declined to 9.2% (versus 20% in Q1 FY21).We believe that Mphasis' direct core business will deliver industry leading growth in FY22 (~28%) due to:sustained strong deal momentum with longer tenure and larger deal size, robust broad-based pipeline, market share gains driving consistent growth across client buckets andstrong presence across sub-verticals in BCM industry (51% of revenue share, up 9.2% QoQ U.S. dollar in Q1 FY22 and 20% YoY on trailing twelve months basis)..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Mphasis Q1 Review - Scores Well On All Metrics, Strong Gets Stronger: Prabhudas Lilladher

Mphasis Q1 Review - Scores Well On All Metrics, Strong Gets Stronger: Prabhudas Lilladher

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