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Mphasis reports marginal fall in Q4 consolidated net profit
Apr-26-2024

Mphasis has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 20.65% fall in its net profit at Rs 298.27 crore for the quarter under review as compared to Rs 375.91 crore for the same quarter in the previous year. Total income of the company decreased by 5.86% at Rs 2,296.95 crore for Q4FY24 as compared Rs 2,440.03 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 2.98% fall in its net profit at Rs 393.22 crore for fourth quarter ended March 31, 2024 as compared to Rs 405.31 crore for the same quarter in the previous year. However, total income of the company increased by 2.13% at Rs 3,476.23 crore for Q4FY24 as compared Rs 3,403.82 crore for the corresponding quarter previous year. 

For the year ended March 31, 2024, the company has reported 2.28% rise in its net profit at Rs 1,446.14 crore as compared to Rs 1,413.87 crore for the previous year. However, total income of the company decreased by 3.30% at Rs 9,228.25 crore for year under review as compared to Rs 9,543.13 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 5.07% fall in its net profit at Rs 1,554.82 crore as compared to Rs 1,637.92 crore for the previous year. Total income of the company increased by 3.32% at Rs 13,496.32 crore for year under review as compared to Rs 13,960.10 crore for year ended March 31, 2023.


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