Mphasis Q2 results: Mphasis Q2 results: Net profit up 14% to Rs 341 crore

New Delhi: IT agency on Thursday reported a 14.1 per cent enhance in consolidated internet revenue at Rs 341.4 crore for the September 2021 quarter. The corporate’s internet revenue stood at Rs 299.2 crore within the year-ago interval, Mphasis mentioned in a regulatory submitting.

Income from operations grew 17.8 per cent to Rs 2,869.2 crore within the reported quarter from Rs 2,435.4 crore within the year-ago interval, it added.

In fixed foreign money phrases, development was 6.6 per cent quarter-on-quarter and 17.2 per cent year-on-year.

Its earnings per share (EPS) grew 13.7 per cent y-o-y to Rs 18.23.

The corporate’s new TCV (complete contract worth) wins stood at $241 million in Q2 FY22 in Direct enterprise, of which 68 per cent was in new era providers.

“Our wallet-share positive aspects in strategic accounts, in addition to our accelerating success with new shoppers is proof of our skill to repeatedly broaden the addressable market inside our shoppers, going past conventional providers,” Mphasis Chief Govt Officer and Managing Director Nitin Rakesh mentioned.

He added the broad-based success with shoppers positions Mphasis properly for industry-leading development in its Direct enterprise for FY22.