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Page 3 - Mphasis

Mphasis rallies 9% on in-line June quarter earnings, new deal win

Signing of new deal worth $216 million deal in July 2020, in addition to the Q1 TCV declared wins worth $259 million also boosted sentiment

Mphasis rallies 9% on in-line June quarter earnings, new deal win
Updated On : 24 Jul 2020 | 11:04 AM IST

Market Ahead, May 13: Top Factors That Could Guide Markets Today

Today, a total of 10 companies, including Maruti Suzuki India, MPhasis, and ABB are scheduled to announce their results

Market Ahead, May 13: Top Factors That Could Guide Markets Today
Updated On : 13 May 2020 | 8:14 AM IST

Mphasis signs partnership agreement with French company Oodrive

Mphasis, an information technology solutions provider specialising in cloud and cognitive services, on Wednesday announced that it has signed a partnership agreement with French group Oodrive. Oodrive, which provides digital workplace solutions for professionals to share, save and sign their sensitive data, will integrate its CertSign digital signature solution with Wynsure, Mphasis' core software solution for the insurance industry, the Bengaluru-headquartered company said. By integrating Oodrive's CertSign digital signature solution, Mphasis is able to offer a new digital subscription process, ensuring paperless signature authentication and online contractual value, it said in a statement. CertSign complies with the General Security Repository and the elDAS European regulations, which are currently the highest standards in the market for sensitive data protection, according to the statement.

Mphasis signs partnership agreement with French company Oodrive
Updated On : 09 Oct 2019 | 11:17 PM IST

Mphasis Q4 net profit up 11.9% at Rs 266 cr; revenue rises by 16%

For the full 2018-19, Mphasis' net profit was up 28.1 per cent to Rs 1,073.35 crore

Mphasis Q4 net profit up 11.9% at Rs 266 cr; revenue rises by 16%
Updated On : 28 May 2019 | 4:55 PM IST

Blackstone portfolio giving us strong growth avenues, says Mphasis CEO

If you look two years back, the portion of fixed price contracts has risen from 11% to around 25%, said Mphasis CEO Nitin Rakesh

Blackstone portfolio giving us strong growth avenues, says Mphasis CEO
Updated On : 28 Jan 2019 | 12:43 AM IST

Mphasis net profit rises 29.3% to Rs 278 crore in December quarter

The company said it saw new deal wins of $122 million in direct international business, of which 81 per cent are in new-generation services

Mphasis net profit rises 29.3% to Rs 278 crore in December quarter
Updated On : 24 Jan 2019 | 10:53 PM IST

MphasiS: The classic turnaround story of a once struggling company

MphasiS has been a steady performer on the operational front from the last two years.

MphasiS: The classic turnaround story of a once struggling company
Updated On : 21 Nov 2018 | 3:41 PM IST

Mphasis acquires cloud automation firm Stelligent for $25 million

Post this acquisition, Mphasis is likely to strengthen its cloud-based offerings in Cloud DevOps and DevSecOps within AWS Ecosystem

Mphasis acquires cloud automation firm Stelligent for $25 million
Updated On : 08 Nov 2018 | 10:36 PM IST

Mphasis turns ex-date for buyback; stock down 9%

The stock slipped 9% to Rs 970 on the BSE in early morning trade on Wednesday after the stock turned ex-date for the proposed buy-back.

Mphasis turns ex-date for buyback; stock down 9%
Updated On : 24 Oct 2018 | 10:58 AM IST

Mphasis Q2 net profit up 37% at Rs 2.7 bn on good show in key verticals

The company said its new deal wins in the quarter stood at $210 million

Mphasis Q2 net profit up 37% at Rs 2.7 bn on good show in key verticals
Updated On : 20 Oct 2018 | 1:58 AM IST

Mphasis falls 4% post June-quarter results

The stock dipped 4% to Rs 1,149 on the BSE after the IT Company reported in line with 8.7% QoQ growth in consolidated net profit at Rs 2.58 billion in June quarter.

Mphasis falls 4% post June-quarter results
Updated On : 08 Aug 2018 | 10:14 AM IST

Mphasis Q1 net grows 38% to Rs 2.58 bn, gross revenue at Rs 18.21 bn

The net profit of Mphasis rose 8.7 per cent on the sequential term

Mphasis Q1 net grows 38% to Rs 2.58 bn, gross revenue at  Rs 18.21 bn
Updated On : 07 Aug 2018 | 11:36 PM IST

Mphasis board to consider proposal for buyback of equity shares on August 7

Last year, the company had completed buyback of 17.4 million shares with a total outlay of Rs 11.03 billion

Mphasis board to consider proposal for buyback of equity shares on August 7
Updated On : 03 Aug 2018 | 7:34 PM IST

Mphasis gains 4% as board mulls share buyback proposal

The stock was 4% at Rs 1,225 on the BSE after the company said that its board will consider a share buyback proposal on Tuesday, August 7, 2018.

Mphasis gains 4% as board mulls share buyback proposal
Updated On : 03 Aug 2018 | 9:38 AM IST

Mphasis rallies 10% on FPIs stake buys from Blackstone

The stock rallied 10% to Rs 1,080 on the NSE in late noon deal

Mphasis rallies 10% on FPIs stake buys from Blackstone
Updated On : 15 May 2018 | 3:25 PM IST

Mphasis rebounds 5% from day's low post block deals

The stock was trading 2.2% higher at Rs 1,010, bouncing back 5% from early morning low of Rs 960 touched on the NSE after nearly 8% of total equity of IT company changed hands via block deals.

Mphasis rebounds 5% from day's low post block deals
Updated On : 14 May 2018 | 10:40 AM IST

Mphasis eyes $1 billion revenue mark, taps digital opportunities

Mphasis brought Nitin Rakesh as chief executive in January

Mphasis eyes $1 billion revenue mark, taps digital opportunities
Updated On : 01 Nov 2017 | 2:49 AM IST

Largely unaffected by visa issue, planning EU expansion: Mphasis

Bengaluru-based firm gets 70% of its business from the US, 20% from Europe, rests from other parts

Largely unaffected by visa issue, planning EU expansion: Mphasis
Updated On : 28 May 2017 | 2:55 PM IST

Mphasis gets shareholder nod to buy back 1.73 crore shares

Private equity firm Blackstone had bought majority stake in Mphasis from HPE for about $1.1 billion

Mphasis gets shareholder nod to buy back 1.73 crore shares
Updated On : 13 Mar 2017 | 9:10 PM IST

Continuity in acceleration is the focus: Mphasis CEO Nitin Rakesh

Rakesh took over as CEO and additional director on the Board at Mphasis with effect from January 29

Continuity in acceleration is the focus: Mphasis CEO Nitin Rakesh
Updated On : 30 Jan 2017 | 5:45 PM IST