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19-Oct2018

Mphasis slips despite reporting 37% rise in Q2 consolidated net profit

Mphasis is currently trading at Rs. 1070.00, down by 53.10 points or 4.73% from its previous closing of Rs. 1123.10 on the BSE.

The scrip opened at Rs. 1107.00 and has touched a high and low of Rs. 1119.90 and Rs. 1063.35 respectively. So far 49198 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1278.00 on 03-Sep-2018 and a 52 week low of Rs. 637.00 on 18-Oct-2017.

Last one week high and low of the scrip stood at Rs. 1143.00 and Rs. 1002.10 respectively. The current market cap of the company is Rs. 20657.84 crore.

The promoters holding in the company stood at 52.34%, while Institutions and Non-Institutions held 37.78% and 9.88% respectively.

Mphasis has reported a rise of 9.42% in its net profit of Rs 188.94 crore for the quarter ended September 30, 2018 as compared to Rs 172.67 crore for the same quarter in the previous year. Total income of the company increased by 6.06% at Rs 885.61 crore for Q2FY19 as compared Rs 834.99 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 37.05% in its net profit of Rs 270.93 crore for the quarter under review as compared to Rs 197.69 crore for the same quarter in the previous year. Total consolidated income of the company increased by 19.50% at Rs 1,962.43 crore for Q2FY19 as compared Rs 1,642.25 crore for the corresponding quarter previous year.


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