Mphasis consolidates second quarter net profit saw a deep of 8 percent at Rs 160.2 crore against Rs 174.8 crore, Q-o-Q.
Its revenue was down at Rs 1,465 crore versus Rs 1,490.2 crore, Q-o-Q.
The company’s consolidated EBIT stood at Rs 190 crore versus Rs 221.1 crore EBIT margin was at 13 percent against 14.8 percent, Q-o-Q.
According to company the margins were impacted by one-time revenue reversals and sales spend.
At 10:37 hrs Mphasis was quoting at Rs 406, down Rs 7.50, or 1.81 percent on the BSE.
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