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Mphasis BFL net declines

CHENNAI: Mphasis BFL has reported a lower net profit of Rs. 33.70 crore for the quarter ended June 30, 2005 against Rs. 35.28 crore in the quarter ended June 30, 2004. Revenue has risen to Rs. 219.71 crore from Rs. 175.78 crore. The operating profit has increased to Rs. 27.35 crore from Rs. 23.29 crore. According to a release, the group added 16 clients, 13 in the IT and three in the BPO business.

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