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Mphasis BFL announces Q4 & FY-05 results 4/12/2005
Mphasis BFL Ltd has posted a net profit of Rs 213.271 million for the quarter ended March 31, 2005 as compared to Rs 180.033 million for the quarter ended March 31, 2004. Revenues have decreased from Rs 661.388 million in Q4-04 to Rs 582.980 million for the quarter ended March 31, 2005.
The Company has posted a net profit of Rs 501.784 million for the year ended March 31, 2005 as compared to Rs 897.686 million for the year ended March 31, 2004. Revenues have decreased from Rs 2682.988 million in FY-04 to Rs 2533.919 million for the year ended March 31, 2005.
Consolidated Results are as follows:
The Consolidated results (including subsidiary company) are as follows:
Mphasis BFL Group has posted a net profit of Rs 309.606 million for the quarter ended March 31, 2005 as compared to Rs 251.299 million for the quarter ended March 31, 2004. Revenues have increased from Rs 1602.630 million in Q4-04 to Rs 2069.202 million for the quarter ended March 31, 2005.
The Group has posted a net profit of Rs 1246.162 million for the year ended March 31, 2005 as compared to Rs 985.782 million for the year ended March 31, 2004. Revenues have increased from Rs 5952.047 million in FY-04 to Rs 7728.691 million for the year ended March 31, 2005.
The Board of Directors has proposed a final dividend of Rs 3/- per Equity share of Rs 10 each in addition to the interim dividend of Rs 1.50 per equity share ( Rs 3/- per share paid last year)
The Board of Directors recommended a bonus issue of one equity share for every existing equity share (1:1).
Commenting on the results Mr. Jerry Rao, Chairman and CEO, said "As we approach our fifth anniversary as a Group, we can look back with pride at what we have achieved in this period. Our IT business has grown at a healthy rate and we have expanded our portfolio of services as well as our geographic footprint besides increasing our headcount substantially. In BPO we have grown exponentially backed by our first mover advantage and are among the leaders in the industry. The year ahead will be one of consolidation on the back of our recent acquisitions which have expanded our scale and depth of offerings."
source : Asian CERC
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