Thursday 21 May 2009

Mphasis still growing

(By Anthony Miller – Thursday 21st May 2009 10:00am). Just time for a quick summary of Mphasis’ results. You should by now know that Mphasis is the India-based SI controlled by EDS and hence HP, and with 33,800 FTEs represents the lion’s share of HP/EDS’ India-based workforce.

Mphasis reported 7% sequential revenue growth to Rs10.5b (c. $215m) and operating margins up 10 bps to 21.6%. European revenues were broadly flat.

TechMarketView subscription service clients can read much more on HP/EDS India and Mphasis in OffshoreViews.

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