Mphasis Q3 FY24 Results Live : profit falls by 9.38% YOY

Mphasis declared their Q3 FY24 results on 01 Feb, 2024. The topline decreased by 4.8% & the profit decreased by 9.38% YoY. As compared to the previous quarter the revenue grew by 1.88% and the profit decreased by 4.68%.

The Selling, general & administrative expenses rose by 0.5% q-o-q & decreased by 3.92% Y-o-Y.

The operating income was down by 1.87% q-o-q & decreased by 7.14% Y-o-Y.

The EPS is 19.64 for Q3 FY24 which decreased by 9.81% Y-o-Y.

Mphasis has delivered 1.34% return in the last 1 week, 16.25% return in last 6 months and -5.1% YTD return.

Currently the Mphasis has a market cap of 49097.69 Cr and 52wk high/low of 2788.5 & 1660.05 respectively.

As of 03 Feb, 2024 out of 27 analysts covering the company, 2 analysts have given Strong Sell rating, 7 analysts have given Sell rating, 9 analysts have given Hold rating, 4 analysts have given Buy rating &5 analysts have given Strong Buy rating.

The consensus recommendation as on 03 Feb, 2024 was to Hold.

Mphasis Financials

Period Q3 FY24 Q2 FY24 Q-o-Q Growth Q3 FY23 Y-o-Y Growth
Total Revenue 3337.95 3276.5 +1.88% 3506.21 -4.8%
Selling/ General/ Admin Expenses Total 1969.47 1959.75 +0.5% 2049.82 -3.92%
Depreciation/ Amortization 103.43 88.97 +16.25% 82.08 +26.01%
Total Operating Expense 2840.75 2769.84 +2.56% 2970.79 -4.38%
Operating Income 497.2 506.66 -1.87% 535.43 -7.14%
Net Income Before Taxes 498.59 521.66 -4.42% 551 -9.51%
Net Income 373.6 391.95 -4.68% 412.27 -9.38%
Diluted Normalized EPS 19.64 20.62 -4.73% 21.78 -9.81%

FAQs

Question : What is the Q3 FY24 profit/Loss as per company?

Ans : ₹373.6Cr

Question : What is Q3 FY24 revenue?

Ans : ₹3337.95Cr

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Published: 03 Feb 2024, 02:44 AM IST