Mphasis Ltd’s latest results are a reminder that growth remains a challenge for the company. Revenue fell by 1.6% sequentially to $225 million. Business that comes via Hewlett Packard Enterprise (HPE) fell only marginally last quarter, which is a heartening sign. But the direct channel business, the main growth driver for the company, reported a 0.46% sequential decline in revenue to $160 million. That is a worry.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com