IT firm Mphasis' first quarter profit is expected to fall 1.75 percent sequentially to Rs 190 crore and revenue may decline 1.7 percent to Rs 1,480 crore.
Dollar revenue is expected to increase moderately to USD 227 million in June quarter from USD 226.4 million in previous quarter due to HP channel, according to average of estimates of analysts polled by CNBC-TV18.
Earnings before interest and tax (EBIT) is likely to be flat at Rs 220 crore against Rs 220.1 crore and margin may expand 20 basis points to 14.8 percent on sequential basis.
Analysts expect Digital Risk revenues to decline further; and marginal increase in margins despite rupee appreciation led by control on tight leash on costs and decline in depreciation charge.
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