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Mphasis shares jump 8% after Q2 results

Positive+21Company event

GreyOak summary

Mphasis shares rose 8% following Q2 results showing 3.3% constant-currency revenue growth. The company expects FY27 revenue at the upper end of guidance and reiterated an EBIT margin target of 14.75-15.75%. Net profit increased 14.6% sequentially, driven by a 78% rise in other income.

What it affects

  • MphasiSMPHASISPositive +21

    Shares jumped 8% on strong Q2 results.Rolling sentiment Positive +47

Source

Read the original at CNBC-TV18

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