Sunday, October 19, 2008

MphasiS on strong Q2 mumbers

MphasiS jumped 4.77% to Rs 186.80 at 10:18 IST on BSE, as net profit surged 44.56% to Rs 112.70 crore in Q2 September 2008 over Q1 June 2008.
The stock hit a high of Rs 193 and low of Rs 180.20 so far during the day. The stock has a 52-week high of Rs 321 on 1 November 2007 and a 52-week low of Rs 119.40 on 10 October 2008.
The company’s current equity is Rs 208.96 crore. Face value per share is Rs 10.
The current price of Rs 186.80 discounts the company’s Q2 September 2008 annualized EPS of Rs 21.58, by a PE multiple of 8.66.
MphasiS’ total income rose 18.27% to Rs 653.93 crore in Q2 September 2008 over Q1 June 2008.
MphasiS’ net profit rose 128.7% to Rs 112.70 crore on 54.6% increase in net sales to Rs 639 crore in Q2 September 2008 over Q2 September 2007.
The accounting period of the company has been changed from April to March to November to October, with effective from 1 November 2008. The books of the company will close at 31 October 2008 for a one-month quarter and seven months year.
The company provides application services, business process outsourcing (BPO) services and infrastructure technology outsourcing (ITO) services.

No comments: