Image Source : NDTV profit
Mphasis reported consolidated revenue of ₹40.03 billion in Q3 FY25, slightly below estimates of ₹40.08 billion. Net profit stood at ₹4.42 billion, missing the forecast of ₹4.82 billion, due to a one-time charge of ₹355 million related to India’s new labour codes.
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Mphasis Limited announced its Q3 FY25 results, showing steady revenue but lower-than-expected profit. The company recorded a one-time charge linked to India’s new labour codes, which weighed on earnings despite resilient demand in IT and digital services.
Key Highlights
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One-time charge: ₹355 million due to labour code compliance
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Revenue from operations: ₹40.03 billion (vs. estimate of ₹40.08 billion)
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Net profit: ₹4.42 billion (vs. estimate of ₹4.82 billion)
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Demand remained steady across IT and digital transformation services
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Focus on expanding cloud, automation, and client partnerships
Sources: Reuters, Mint, Business Standard, Mphasis Investor Relations
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