For the period of FY14-18, its topline and bottomline grew at a CAGR of 26% & 29% respectively. In Q1FY19 HCL’s consolidated net sales grew by 19% to Rs. 1,820.22 crore and its operating profit was higher by 32% to Rs. 365.30 crore.
Mphasis Ltd is engaged in providing a suite of application development and maintenance services, infrastructure outsourcing services and business process outsourcing solutions to clients around the world.
Net Sales and PAT of the company are expected to grow at a CAGR of 8% and 14% over 2017 to 202oE, respectively.Hence, we say that, we are Overweight in this particular scrip for Medium to Long term investment.
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