Operating profits grew 21.3% YoY
May 26, 14.31 PM IST || Pocket News Alert
Singapore/Bengaluru, 26 May 2016: 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 to INR 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. Contact Mphasis on www.mphasis.com.