MphasiS Q2FY18 consolidated net profit rises 5.6% qoq : Beats Estimates

India Infoline Research Team | October 26, 2017 17:56 IST

MphasiS Ltd Q2FY18

Consolidated Results Q2FY18: (Rs. in crore)

Q2FY18 QoQ (%)
Revenue 1,605 4.5
EBITDA 249 8.6
EBITDA Margin (%) 15.5 60
Net Profit (adjusted) 198 5.6
***EBITDA margin change is bps
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Reco. Price

642

Last updated on

13-Oct-2017


Mphasis' reported consolidated results for the quarter registered a beat on street estimates. Revenue for the quarter came in 2.4 % higher than the estimated figure of Rs. 1567 crores. EBITDA for the quarter came in 7.44 % higher than the estimated figure of Rs. 232 crores. And lastly, net profit for the quarter came in 2.22 % higher than the estimated figure of Rs. 193.4 crores.

Mphasis consolidated revenue for the quarter came in at Rs. 1605 crores, registering 4.47% QoQ increase. This was primarily driven by increase in revenue from IT, communication and entertainment by 19% QoQ.

EBITDA for the quarter rose by 8.6% QoQ to Rs. 249 crores with a corresponding margin expansion of 60 bps. EBITDA margin for the quarter stood at 15.5%.

PAT for the quarter came in at Rs. 198 crores, QoQ increase of 5.6%.


Technical View:

MphasiS Ltd ended at Rs. 672.20, down by 30.35 points or 4.32% from its previous closing of Rs. 702.55 on the BSE.
The scrip opened at Rs. 694.85 and touched a high and low of Rs. 694.95 and Rs. 660 respectively. A total of 2,24,988(NSE+BSE) shares were traded on the counter. The stock traded below its 50 DMA.

BSE 710.60 3.75 (0.53%)
NSE 705.65 0.85 (0.12%)

***Note: This is a NSE Chart

 

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