Hewlett News
MphasiS April quarter net drops 13%
With parent Hewlett-Packard (HP) going through tough times, the ripple effects were being felt at MphasiS, its majority owned information technology services subsidiary in India. In the quarter ended April 30, MphasiS posted a 13 per cent drop in net profit to Rs 189.43 crore, against the same period in the previous accounting period. Revenue went up by six per cent to Rs 1328.9 crore, compared with
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