Mphasis Q1FY24 Results: Consolidated PAT Down to Rs. 396.05 Cr

Mphasis Q1FY24 Results: Consolidated PAT Down to Rs. 396.05 Cr

Mphasis Q1 results show revenue fell from 3403.82 crores to 3302.35 crores, a -2.98% decrease in growth. EPS rise from ₹21.39 to ₹20.93, down by -2.15%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Mphasis shared its Q1 results on Tuesday. They earned 3302.35 crores in revenue this quarter, but that’s less than the 3403.82 crores they made last quarter. Unfortunately, the company’s growth decreased by -2.98 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 396.05 crores, down from 405.30 crores in the previous quarter. Their quarter-to-quarter growth decreased by -2.28 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹20.93, which is a decrease of -2.15% from the ₹21.39 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 3302.35 crores this year (2023), which is -4.19 percent lower than last year’s total revenue of 3446.85 crores.

This year’s PAT (Profit After Tax) is 396.05 crores, which is also -1.45% lower than last year’s PAT of 401.87 crores.

The EPS (Earnings Per Share) for this year is ₹20.93, which is -1.13% less than the EPS of ₹21.17 earned last year.

Also Read: JSW Steel Q1FY24 Results: Consolidated PAT of Rs. 2338 Cr

Mphasis Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Mphasis :

Mphasis Limited, headquartered in Bengaluru, is an Indian multinational company that offers information technology services and consulting. The company specializes in providing infrastructure technology and applications outsourcing services. Additionally, Mphasis offers expertise in architecture guidance, application development, integration, and application management services.

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