Earnings Alerts

Mphasis Ltd (MPHL) Earnings: 1Q Net Income Matches Estimates at 4.05 Billion Rupees




Mphasis 1Q Financial Highlights

  • Net Income: ₹4.05 billion, a 2.3% increase year-over-year, matching estimates.
  • Revenue: ₹34.2 billion, up by 5.2% y/y, but below the estimate of ₹34.71 billion.
  • Other Income: ₹735.5 million, a substantial 46% increase y/y.
  • Employee Benefits Expenses: ₹20.3 billion, up 5.2% y/y, less than the estimate of ₹21.53 billion.
  • Finance Costs: ₹497.6 million compared to ₹241 million y/y, nearly matching the estimate of ₹499.7 million.
  • Total Costs: ₹29.6 billion, an increase of 6.5% y/y.
  • Pretax Profit: ₹5.37 billion, up 2.1% y/y, slightly below the estimate of ₹5.42 billion.
  • New TCV Wins: $319 million in 1Q for Direct, with 84% in new-gen services.
  • CEO’s Comment: “We are seeing a steady improvement in client demand, and with the strength of our deal pipeline, we remain cautiously optimistic that this trend will continue to improve in our core markets.” – CEO Nitin Rakesh.
  • Analyst Ratings: 12 buys, 12 holds, and 10 sells.



A look at Mphasis Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Mphasis Ltd is positioned for a positive long-term outlook. With a strong score in Dividend and Resilience, the company demonstrates stability and a commitment to rewarding its investors. Additionally, scoring well in Growth and Momentum, Mphasis Ltd shows potential for expansion and continued market traction.

As a global IT and BPO service provider catering to G2000 companies, Mphasis Ltd specializes in custom solutions for technology and operations outsourcing. Its focus on financial services, logistics, and technology verticals underlines its industry expertise and market relevance. With a balanced combination of scores across different factors, Mphasis Ltd appears well-equipped to navigate future challenges and capitalize on emerging opportunities.


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