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Mphasis Reports Impressive Performance Despite Weak Results
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Mphasis Sees A Sluggish Q2, 81% of Deal Wins In New Gen Areas | Manish Dugar, Mphasis
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Mphasis Management On Company Performance, Q4 Earnings, Growth Outlook And More Mphasis' Q4 earnings! Despite a 2.9% dip in net profit, down to Rs 393.22 crore compared to the previous year, there's a 5.2% sequential increase. The decline is attributed to a 10% YoY drop in the BFS segment. The new deals worth $177 million were secured in Q4 FY24, with 77% in new-gen services. Watch Mphasis, CEO, Nitin Rakesh discusses Q4 earnings and FY25 growth plans with Business Today TV's Sakshi Batra Watch:
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