Earnings Alerts

Mphasis Ltd (MPHL) Earnings Surpass Expectations with Strong 2Q Performance

By October 17, 2024 No Comments
  • Mphasis reported a net income of 4.23 billion rupees, which is a 7.9% increase compared to the previous year. This figure surpassed the estimated 4.16 billion rupees.
  • The company’s revenue stood at 35.36 billion rupees, slightly exceeding the estimated 35.16 billion rupees.
  • Pretax profit reached 5.63 billion rupees, showing a 7.8% year-over-year growth, beating the estimate of 5.59 billion rupees.
  • Total costs were 30.3 billion rupees, reflecting an 8.2% increase from the previous year.
  • Employee benefits expenses were recorded at 20.14 billion rupees, marking a 2.8% increase from the previous year, and lower than the estimated 21.92 billion rupees.
  • Finance costs amounted to 404.9 million rupees, which is a 19% increase year-over-year, yet lower than the estimated 474.5 million rupees.
  • Other income for Mphasis rose by 20% year-over-year to 587.5 million rupees.
  • Analyst recommendations for Mphasis include 15 buys, 10 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 holds a promising long-term outlook. With a strong dividend score of 5, investors can expect reliable returns through dividends over time. Additionally, the company has solid scores in resilience and momentum, with scores of 4 each, indicating that Mphasis Ltd is well-positioned to withstand market fluctuations and has positive stock price trend momentum. While the value and growth scores stand at 3, they still suggest a stable and moderate growth potential for the company.

Mphasis Limited, a global IT and BPO service provider catering to G2000 companies worldwide, specializes in aiding clients in enhancing their business processes through tailored technology and operational solutions. The company’s primary focus is on the financial services, logistics, and technology sectors, showcasing its expertise and commitment to delivering innovative services to its clients.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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