Mphasis Q1 profit rises 11%; FY27 guidance unchanged

Mphasis reported its Q1FY27 net profit at Rs 489.51 crore, up 10.82% year-on-year (YoY) from Rs 441.71 crore reported in Q1FY26.

Revenue from operations stood at Rs 4,384.05 crore in Q1FY27, up 17.46% YoY from Rs 3,732.49 crore reported in Q1FY26.

On a sequential basis, Mphasis’ net profit declined 3.95%, while revenue increased 3.33%.

Mphasis maintains FY27 growth guidance

The IT services company has maintained its FY27 guidance, expecting high single-digit to low double-digit revenue growth despite an uncertain macroeconomic environment.