Mphasis Reports Strong Q3 FY24-25 Results, Highlighting Consistent Growth and Efficiency Improvements
Mphasis has announced its financial results for the third quarter of FY24-25, reporting net sales of Rs 3,561.34 crore. Key metrics include a Profit Before Tax of Rs 506.40 crore and an operating profit margin of 19.04%, highlighting the company's operational efficiency and profitability trends.
Mphasis, a prominent player in the IT software sector, has recently disclosed its financial results for the third quarter of FY24-25, with the announcement made on January 23, 2025. The company achieved net sales of Rs 3,561.34 crore, reflecting a consistent growth pattern over the past five quarters.The financial metrics reveal noteworthy developments. The operating profit to interest ratio is reported at 17.30 times, indicating a robust capacity to handle interest obligations. Profit Before Tax (PBT) reached Rs 506.40 crore, showcasing a favorable trend in profitability. Furthermore, Profit After Tax (PAT) amounted to Rs 427.81 crore, continuing the positive momentum seen in previous quarters.
Mphasis also reported an operating profit (PBDIT) of Rs 678.00 crore, marking the highest figure in five quarters, with an operating profit margin of 19.04%, suggesting enhanced operational efficiency. Additionally, earnings per share (EPS) increased to Rs 22.56, underscoring the company's focus on delivering greater returns to its shareholders. Overall, Mphasis's financial results reflect a strong performance in the current quarter.
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