MphasiS stock hits record high after Q4FY18 results
The company’s revenue grew by 4.0% qoq and 17.4% yoy in constant currency terms.
MphasiS Ltd is currently trading at Rs1,052.80 up by Rs55.1 or 5.52% from its previous closing of Rs997.70 on the BSE. The revenue in Rupee terms grew by 5% qoq to Rs1,744cr against consensus estimates of Rs1,703cr.
EBITDA came in at Rs309cr, up 12.9% qoq against consensus estimates of Rs281cr. EBITDA margin at 17.7% was up 123bps qoq.
Its PAT came at Rs238cr, up 10.6% qoq, against a consensus estimate of Rs223cr.
Revenue grew by 4.0% qoq and 17.4% yoy in constant currency terms. Direct Core revenue grew 2.1% qoq and 14.8% yoy in constant currency terms.
The scrip opened at Rs1,010.90 and has touched a high and low of Rs1,121.90 and Rs1,010.90 respectively.
MphasiS provides a suite of application development and maintenance services, infrastructure outsourcing services and business process outsourcing solutions to clients.
Confirm your financial future with best service advantages of Bonaz Capital Private Limited and here we provide best recommendations for you SUBSCRIBE NOW >> Bonaz Capital