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Mphasis posts 19.6% growth in Q2 profit at Rs 561.1 crore

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Mphasis posts 19.6% growth in Q2 profit at Rs 561.1 crore

Business News Tech IT Mphasis posts 19.6% growth in Q2 profit at Rs 561.1 crore

The Bengaluru-headquartered company's revenue for the three months ended September 30 rose 17.4% from a year earlier and 4.5% sequentially to Rs 4,580.9 crore.

Bengaluru: Midsize IT services firm Mphasis reported a 19.6% year-on-year increase in net profit to Rs 561.1 crore for the second quarter of FY27. Sequentially, net profit grew 14.6%.The Bengaluru-headquartered company's revenue for the three months ended September 30 rose 17.4% from a year earlier and 4.5% sequentially to Rs 4,580.9 crore.In dollar terms, revenue of $486 million in constant currency grew 3.3% sequentially and 9.7% year-on-year.

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