~
Gross Revenue grew 9.2% YoY on reported basis ~
Mphasis Limited (BSE - 526299; NSE - MPHASIS), an Information Technology (IT) solutions provider specializing in cloud and cognitive services, today announced its financial results for the quarter ended 30th June 2025.
Quarter ended 30th June 2025
· Gross Revenue
grew 0.4% QoQ and 9.2% YoY in Q1 FY26 on a reported basis and grew 1.0% QoQ and
6.5% YoY in Constant Currency
· Direct revenue grew 1.1% QoQ and 10.9% YoY on reported basis and grew 1.6% QoQ and 8.1% YoY in
Constant Currency
· New TCV wins USD 760 million in Direct, of which 82% in new-gen services
· Reported operating margin at 15.3%
· Net profit declined 1.1% QoQ and grew 9.2% YoY to ₹ 4,417 million
· EPS declined 1.2% QoQ and grew 8.5% YoY to ₹ 23.2.
“We were early adopters and implementers of AI
based solutions for our clients, which has positioned us well to help with
their AI journey, create efficiencies, cost-savings and minimize project risks,
while at the same time, accelerating our business. This is reflected in our
highest-ever quarterly TCV of
USD 760 million, of which 68% is AI-led. Overall, it is a good start to the new financial year, that sets the
stage for the year
ahead,” said Nitin Rakesh, Chief Executive
Officer and Managing Director, Mphasis.
Deal Wins:
· A leading Asset Services firm has chosen Mphasis to transform Wealth & Investment Management Engineering Platform support, leveraging AI to deliver
Savings Led Transformation thesis
· A Large North American Life insurance
company has chosen Mphasis as their sole provider to consolidate ADMS vendors
to achieve alignment to a new Operating model, Managed outcome-based delivery,
improved Performance and Service Quality and predictable cost while driving significant savings. Mphasis will be deploying its Neo Suite of AI platforms
as a part of this transaction
· A large US Financial Services company has chosen Mphasis to enhance
liquidity management through intelligent
forecasting, anomaly detection, and automated decision support. Mphasis’
services include integration, data migration, workflow customization and AI set up to enable real-time cash visibility and improved working capital
· A large Financial Services company has
chosen Mphasis to automate API discovery, optimize routing, and detect
integration issues early. The API Factory supports standardized, reusable APIs that accelerate partner onboarding
and enable real-time data exchange across the financial ecosystem.
Awards and Recognitions:
· Mphasis won the 2025 Cybersecurity Excellence Awards by Cybersecurity Insiders in the Identity and Access
Management category
· Mphasis won Innovation of the Year at 2025 Flexera Technology Intelligence Awards for global software deployment and compliance workflow automation.
Analyst Positioning:
· Mphasis mentioned in Gartner's Market Guide for U.S. Healthcare Provider Credentialing
· Mphasis mentioned in Gartner's Market Guide for Quality Engineering Services
· Mphasis featured in Forrester’s The AI Technical Services Landscape, Q2 2025 | Forrester
· Mphasis recognized as ‘Leader’ in Everest Group’s Group Life Insurance and Benefits Core Technology Products PEAK Matrix® Assessment 2025 – North America - Everest Group Research Portal
· Mphasis recognized as ‘Leader’ in Everest Group’s Banking, Financial Services, and Insurance (BFSI) IT Services Specialists PEAK Matrix® Assessment 2025 - Everest Group Research Portal
· Mphasis recognized as ‘Major Contender' in Everest Group’s Intelligent Process Automation (IPA) Solutions PEAK Matrix® Assessment 2025 - Everest Group Research Portal
· Mphasis recognized as ‘Major Contender' in Everest Group’s Talent Readiness for Next-generation Application Services PEAK Matrix®
Assessment 2025 - Everest Group Research Portal
· Mphasis recognized as ‘Major Contender' in Everest Group’s Microsoft Modern Work Services PEAK Matrix® Assessment 2025 - Everest Group Research Portal
· Mphasis in the Horizon 1 category in HFS Horizons: Insurance Services, 2025 - HFS Research.
New Delhi, 25 July 2025