Mpha­sis Q3 Profit Up 21% to 204 cr

The Economic Times - - Companies: Pursuit Of Profit -

New Delhi: IT com­pany Mpha­sis on Tues­day posted a 21.1% rise in con­sol­i­dated net profit at .₹ 204.3 crore for the third quar­ter ended De­cem­ber 2016. Mpha­sis' board also ap­proved a buy-back at max price of .₹ 635 per share, ag­gre­gat­ing to .₹ 1,103 crore, pend­ing share­holder and reg­u­la­tory ap­proval. In­come from op­er­a­tions were higher by 1.3% to .₹ 1,536.1cr from 2015. IT ser­vices provider Mpha­sis also said that its board has ap­proved a share buy­back plan worth up to .₹ 1,103 crore.

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