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Earnings Analysis: 
MphasiS Net Up
Author: Trupti Mehta
123jump.com
Last Update: 6:59 AM ET November 25 2009


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MphasiS Limited fourth quarter sales rose 26.5% to Rs 1,132 crore and net profit rose 33.9% to Rs 245 crore or Rs 11.63 a share.

 
5:30PM Mumbai, India - MphasiS Limited sales rose 26.5% and net profit rose 33.9%.

MphasiS Limited, an IT services provider said fourth quarter sales rose 26.5% to Rs 1,132 crore from Rs 894.7 crore a year ago. Net profit for the quarter rose 33.9% to Rs 245 crore or Rs 11.63 per diluted share compared to net profit of Rs 183.0 crore or Rs 8.73 per share a year ago.

MphasiS Limited, in the last one year traded as high as Rs 796.00 in November 2009 and as low as Rs 139.30 in December 2008. Based on the yesterday’s closing price of Rs 702.50 the company has market cap of Rs 145.92 billion.
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