Monday, January 4, 2010

MphasiS net profit up 121 p.c. in FY09

The MphasiS Group, a provider of applications services, remote infrastructure services and business process outsourcing services, reported on Tuesday a consolidated revenue of Rs 4,263.9 crore for the year ended 31 October 2009 as compared to Rs 2,977.4 crore last year, registering a growth of 43.2 per cent.

During the same period, net profit increased by 121.2 per cent from Rs. 410.7 crore to Rs 908.7 crore, while operating profit was Rs 925.2 crore, a growth of 131.3 per cent in comparison to the previous year, said a press release.

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