Mphasis revenue 2020
Direct core revenue soared 15.5% Y-o-Y and 0.5% Q-o-Q on a reported basis. The geographical segments include United States of America, India, Asia Pacific and Europe, Middle East and Africa.Google Parent Alphabet Suffers First Revenue Loss in Company History Due to Covid-19 FalloutTata Motors head of EV sales and marketing, Ashesh Dhar, passes awayHome Loan: Check The Latest Interest Rates Offered By NBFCsTanishq urges all to #Celebrate Every Sister in its new Raksha Bandhan filmGold At Record Highs.
In constant currency, growth was 6.9% Y-o-Y and declined 2.1% Q-o-Q.
However, in constant currency terms, it witnessed a 3.8% year-on-year growth, with a 4.6% drop quarter-on-quarter.“We have seen unprecedented levels of collaboration leading to opportunities to further step up the value pyramid.
We have had our best quarter ever of deal wins; which, in the current environment, is a testament to the strength of our service offerings and the hard work of the Mphasis teams. In addition to the Q1 TCV declared wins, another new $216 million deal was signed in July 2020. HPCL declines as COVID-19 impacts demand for petroleum products Mphasis Q1 PAT slides 22% to Rs 275 cr Capital Market Last Updated at July 24, 2020 10:50 IST The IT firm's consolidated net profit dropped 22.11% to Rs 275.11 crore on 2.46% decrease in revenue from operations to Rs 2,288.21 crore in Q1 June 2020 over Q4 March 2020.
Over the last three quarters, Mphasis's revenue has grown by 5.7%. In constant currency, growth was 6.9% Y-o-Y and declined 2.1% Q-o-Q.Speaking on the same, Nitin Rakesh, the chief executive officer (CEO) and executive director of Mphasis, stated: "Our clients have been overwhelmingly supportive over the past few months, and we have seen unprecedented levels of collaboration leading to opportunities to further step up the value pyramid.
This sets us up nicely to keep Mphasis on the growth path this year and gain further market share. Mphasis annual revenue increased from ₹67.1 billion in 2018 to ₹79.1 billion in 2019, a 17.9% increase. The IT firm's consolidated net profit dropped 22.11% to Rs 275.11 crore on 2.46% decrease in revenue from operations to Rs 2,288.21 crore in Q1 June 2020 over Q4 March 2020. The IT firm's segments include banking and capital market, insurance, information technology, communication and entertainment and emerging industries. Share price of IT firm Mphasis zoomed 20% on Friday post announcement of Q1 earnings. IT firm Mphasis has reported a 32.7 per cent increase in its consolidated net profit to Rs 353.2 crore in the March 2020 quarter.The company's net profit stood at Rs 266.1 crore in the year-ago period, the company said on Wednesday night. We have had our best quarter ever of deal wins, which, in the current environment, is a testament to the strength of our service offerings.
We have had our best quarter ever of deal wins; which, in the current environment, is a testament to the strength of our service offerings and the hard work of the Mphasis teams. Mid-tier information technology (IT) services firm Mphasis reported a robust 33% increase in net profit for the March quarter of the financial year 2020 (FY20) while its revenue saw a growth of 16% year-over-year (y-o-y). Full-year revenue for FY20 for Mphasis was at Rs 8,844 crore, as compared with Rs 7,731 crore it reported in FY 19, a growth of 14.4%.
Front2Back™ uses the exponential power of cloud and cognitive to provide hyper-personalized (C=X2C This has been a very fertile ground for companies with the right solutions and propositions in the enterprise world," said Mphasis (BSE: 526299; NSE: MPHASIS) applies next-generation technology to help enterprises transform businesses globally.
Shares of Mphasis jumped 5.35% to Rs 1,032.20. Business Standard is happy to inform you of the launch of "Business Standard Premium Services"As a premium subscriber you get an across device unfettered access to a range of services which include:Welcome to the premium services of Business Standard brought to you courtesy FIS.
In constant currency, revenue grew 10.8% Y-o-Y and declined 0.5% Q-o-Q. The company reported $259 million total contract value (TCV) wins in direct international business, including a large deal worth $105 million of which 79% in new-generation services, the highest ever deal wins in a quarter.
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