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Mphasis Clocks Gains in Fiscal Q4 Consolidated Profit; Shares Up 3%

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Mphasis (NSE:MPHASIS, BOM:526299) recorded a rise in its consolidated attributable profit to 5.10 billion Indian rupees in the fiscal fourth quarter ended March 31 from 4.46 billion rupees a year ago.

The company's shares were up nearly 3% in Thursday's trade.

Earnings per share climbed to 26.68 rupees compared with the year-ago figure of 23.41 rupees, according to a Wednesday filing to the Indian stock exchanges by the technology company.

Revenue from operations in fiscal Q4 increased to 42.4 billion rupees from 37.1 billion rupees a year earlier.

The board recommended a final dividend of 62 rupees per share for the fiscal year ended March 31.

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