IT services provider
MphasiS on Wednesday reported 7.2 per cent increase in net profit at Rs 208.74 crore for the quarter ended July 31, 2012.
The company had reported a net profit of Rs 194.80 crore in the corresponding quarter last fiscal.
The company follows November to October financial year.
Consolidated revenues for the company increased to Rs 1,355.12 crore for the third quarter of FY2011-12 as compared to Rs 1,293.63 crore in the same quarter last year, the company said in a BSE filing.
"Sustained focus on building our direct business is yielding results. We will continue our strategy of hyper-specialisation and investment in the go-to-market," MphasiS Chief Executive Officer
Ganesh Ayyar said.
Direct business revenues grew by 48.3 per cent on a year-on-year basis and 12.6 per cent sequentially to Rs 633 crore, the company said.
Special 
