Mphasis profit rises 14% in Q4 as AI-led deals drive growth

IT services firm Mphasis reported a 14% year-on-year rise in net profit for the March quarter, supported by strong deal wins led by artificial intelligence.

The company posted a consolidated net profit of Rs 509.6 crore for Q4FY26, compared with Rs 446.5 crore a year earlier. Revenue rose 14.4% year-on-year and 6% sequentially to Rs 4,242.7 crore. In constant currency terms, revenue grew 2.5% sequentially and 7.1% year-on-year.

For the full year, revenue grew 11.6% to Rs 15,879.6 crore, while net profit rose to Rs 1,862.6 crore from Rs 1,702.1 crore in FY25.