Page 6 - Mphasis

Blackstone portfolio giving us strong growth avenues, says Mphasis CEO

If you look two years back, the portion of fixed price contracts has risen from 11% to around 25%, said Mphasis CEO Nitin Rakesh

Mphasis net profit rises 29.3% to Rs 278 crore in December quarter

The company said it saw new deal wins of $122 million in direct international business, of which 81 per cent are in new-generation services

MphasiS: The classic turnaround story of a once struggling company

MphasiS has been a steady performer on the operational front from the last two years.

Mphasis acquires cloud automation firm Stelligent for $25 million

Post this acquisition, Mphasis is likely to strengthen its cloud-based offerings in Cloud DevOps and DevSecOps within AWS Ecosystem

Mphasis turns ex-date for buyback; stock down 9%

The stock slipped 9% to Rs 970 on the BSE in early morning trade on Wednesday after the stock turned ex-date for the proposed buy-back.

Mphasis Q2 net profit up 37% at Rs 2.7 bn on good show in key verticals

The company said its new deal wins in the quarter stood at $210 million

Mphasis falls 4% post June-quarter results

The stock dipped 4% to Rs 1,149 on the BSE after the IT Company reported in line with 8.7% QoQ growth in consolidated net profit at Rs 2.58 billion in June quarter.

Mphasis Q1 net grows 38% to Rs 2.58 bn, gross revenue at Rs 18.21 bn

The net profit of Mphasis rose 8.7 per cent on the sequential term

Mphasis board to consider proposal for buyback of equity shares on August 7

Last year, the company had completed buyback of 17.4 million shares with a total outlay of Rs 11.03 billion

Mphasis gains 4% as board mulls share buyback proposal

The stock was 4% at Rs 1,225 on the BSE after the company said that its board will consider a share buyback proposal on Tuesday, August 7, 2018.

Mphasis rallies 10% on FPIs stake buys from Blackstone

The stock rallied 10% to Rs 1,080 on the NSE in late noon deal

Mphasis rebounds 5% from day's low post block deals

The stock was trading 2.2% higher at Rs 1,010, bouncing back 5% from early morning low of Rs 960 touched on the NSE after nearly 8% of total equity of IT company changed hands via block deals.

Mphasis eyes $1 billion revenue mark, taps digital opportunities

Mphasis brought Nitin Rakesh as chief executive in January

Largely unaffected by visa issue, planning EU expansion: Mphasis

Bengaluru-based firm gets 70% of its business from the US, 20% from Europe, rests from other parts

Mphasis gets shareholder nod to buy back 1.73 crore shares

Private equity firm Blackstone had bought majority stake in Mphasis from HPE for about $1.1 billion

Continuity in acceleration is the focus: Mphasis CEO Nitin Rakesh

Rakesh took over as CEO and additional director on the Board at Mphasis with effect from January 29

Mphasis ropes in former Syntel chief Nitin Rakesh as CEO

Rakesh will take over the role from Ganesh Ayyar, whose tenure expires on Jan 28

Mphasis Q2 net marginally up at Rs 211 cr

However, revenue declined 2.4% at Rs 1,517 cr

Mphasis sets up centre for risk and compliance

It will focus on developing next-generation Governance, Risk and Compliance solutions based on artificial intelligence, cognitive computing

Mphasis Q1 net profit up 38% to Rs 204 crore

The company said that direct international revenue grew 14.7% year-on-year and 1.4% sequentially