Saturday, February 28, 2009

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MphasiS net profit up at Rs 210 cr

IT solutions and services providers, MphasiS (MPHASIS.NS : 168.5 -3.05) Group recorded net profit of Rs 210 crore for the quarter ended January 2009, showing a steep incline by 270% from Rs 56.7 crore in the corresponding quarter last fiscal.

Operating profit of the group for the quarter surged 246% to Rs 210.6 crore from Rs 60.8 crore, while revenue increased by 58.1% to Rs 977.7 crore from Rs 618.3 crore.

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