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Mphasis
Source Name: Mphasis

Mphasis DirectI International Revenues Grow 22.3% in FY16

Operating profits grew 21.3% YoY

May 26, 2016   15:15 IST 
Singapore I Bengaluru, Karnataka, India

Mphasis Limited today announced its financial results for the fourth quarter and financial year ended 31st March 2016.

 

Financial highlights:

Quarter ended March 31, 2016

  • Direct International revenue grew 25.1% YoY over Q4 FY15 and 1.6% QoQ

  • Deals won with TCV of $76 million 

  • Overall revenue (adjusted for domestic BPO business) grew 10.5% YoY over Q4 FY15 and 0.3% QoQ toINR 15,173 million

  • Operating margin expanded by 110 bps to 14.3% and 180 bps over Q4 FY15; Operating profits increased 21.3% YoY over Q4 FY15

 

Year ended March 31, 2016

  • Direct International revenues grew 22.3% in FY16

  • Deals won with TCV of $303 million.

  • Consolidated net revenues (adjusted for domestic BPO revenues) grew 7.2% over FY15.

 

“FY 2016 has been a year of successful execution on our strategy roadmap in terms of TCV growth and profitability. FY 2017, will see greater predictability and acceleration of our business.” said Ganesh Ayyar, Chief Executive Officer & Executive Director, Mphasis

 

About Mphasis

Mphasis (an HP Enterprise Company) enables chosen customers to meet the demands of an evolving market place. Recently named by American Banker and BAI as one of the top companies in FinTech and as the “Most Distinguished Digital Company in 2015” by The Economic Times, Mphasis fuels this by combining superior human capital with cutting edge solutions in hyper-specialized areas.

 

For more information, please contact Mphasis on www.mphasis.com . 

 

Safe Harbor

Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Mphasis will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.


Media Contact Details
Deepa Nagaraj
Mphasis
+91 9845256283
Varun Divadka
CDR India
+91 22 66451222
Shiv Muttoo
CDR India
+91 22 66451207
 
 
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