Mphasis Q2 net benefit up 37% at Rs 271 cr
New Delhi: IT organization Mphasis on Friday revealed combined net benefit at Rs 271 crore for the quarter to September, a 37 percent year on year rise.
The organization had enlisted a net benefit of Rs 197.6 crore in the year-prior period, it said in an announcement.
Add up to pay expanded by 19.5 percent to Rs 1,962.4 crore amid the said quarter, from Rs 1,642.2 crore in the comparing time of 2017-18.
"We are satisfied with the strength of our pipeline and proceeded solid execution over various divisions, particularly in New Gen Services," Nitin Rakesh, CEO and Executive Director of Mphasis, said in an announcement.
Amid July-September, the organization won contracts worth Rs 1,485.96 crore, of which 77 percent were for new age administrations, as indicated by the announcement.
The stock was around 4.27 percent at Rs 1,075.15 on the BSE as benchmark Sensex dove 1.21 percent.
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