Mphasis Sales Rise


Mphasis BL Group, which provides outsourcing services, saw a 24 percent increase in net profits on a 35 percent increase of sales, for its half year ended September 30.Worldwide revenue reached about $42.8 million in the recently ended half, compared to $31.7 million a year earlier. Earnings rose to roughly $7 million. The company reported that for the September quarter, it had about $10.3 million in business processing revenue from the United States, compared to $8.1 million a year earlier. This income includes tax outsourcing revenue.

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