Mphasis Limited Reports Earnings Results for the Third Quarter Ended December 31, 2020
January 21, 2021 at 11:11 am EST
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Mphasis Limited announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was INR 25,109.49 million compared to INR 23,128.82 million a year ago. Net income was INR 3,255.27 million compared to INR 2,936.03 million a year ago. Basic earnings per share from continuing operations was INR 17.44 compared to INR 15.75 a year ago. Diluted earnings per share from continuing operations was INR 17.22 compared to INR 15.63 a year ago. For the nine months, total revenue was INR 72,983.8 million compared to INR 66,226.86 million a year ago. Net income was INR 8,998.7 million compared to INR 8,316.07 million a year ago. Basic earnings per share from continuing operations was INR 48.23 compared to INR 44.63 a year ago. Diluted earnings per share from continuing operations was INR 47.72 compared to INR 44.27 a year ago.
Mphasis Limited is an India-based company, which applies design, architecture, and engineering services, to deliver scalable and sustainable software and technology solutions. The Company's segments include Banking and Financial Services, Logistics and Transportation, Technology Media and Telecom, Insurance, and Others. It uses its Front2Back transformation approach, which uses cloud and cognitive to provide personalized digital experiences to clients and their end customers. It provides a range of services, which includes application services, blockchain platform, business process services, cloud, cognitive, cyber security, digital, enterprise automation, infrastructure services, products engineering, XaaP (Everything as a Platform) services, and others. It serves various industries, which include banking-capital market, insurance, healthcare and life science, payments, hospitality, travel and transportation, energy and utilities, oil and gas and others.
MPHASIS LIMITED 
