Ganesh Ayyar, Chief Executive Officer and Ganesh Murthy, CFO of MphasiS announce the company's earnings for the January-March quarter. The IT company's sales fell 2.8 per cent to Rs 1,328 cr from Rs 1367 cr the previous quarter while profit after tax grew 2.5 per cent to Rs 189.4 cr from Rs 184 cr in Q1.