Software services firm MphasiS-BFL Ltd is likely to announce its
earnings guidance for financial 2002-03 during its fiscal 2001-02
third-quarter earnings call scheduled January, company sources said.
that the next yearly guidance was on the anvil as early as this
December quarter, sources said that current economic situation merited
"some hints on the future of the company."
It can be recalled that MphasiS-BFL revised its
virgin guidance of $100 million topline to $60 million in the current
financial year, blaming the downturn in the economy. However, the
company maintained that its revenue would stay flat sequentially
quarter-on-quarter, but the bottomline was expected to report robust
growth. This could be achieved through tight cost control, improving
margins and its call centre subsidiary, MphasiS BPO, breaking even