Added $68 million cash in Q4: MphasiS

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  • Published On: December 06, 2012
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HP-owned IT services firm MphasiS reported 14.3 per cent year-on-year jump in consolidated net profit at Rs 209.31 crore for the fourth quarter ended October 31, 2012. Ganesh Ayyar, CEO of MphasiS, says that in Q4, the company has added $68 million in cash. He also pointed that going forward the IT company expects operating margins at 15-18 per cent.

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