Mphasis Q4 net profit rises 17.6% to ₹184 cr in FY17

IT company Mphasis today reported a 17.6% increase in consolidated net profit at ₹184.1 crore for the period ended March 31. The company had posted net profit of ₹156.5 crore in the same period a year ago. “We are witnessing good momentum in our sales pipeline and in nextgeneration services across direct core and DXC/HPE business,” Mphasis CEO and executive director Nitin Rakesh said.