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. <\/p>\n
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. <\/p>\n
On a sequential basis, Mphasis\u2019 net profit declined 3.95%, while revenue increased 3.33%. <\/p>\n
Mphasis maintains FY27 growth guidance <\/p>\n
The IT services company has maintained its FY27 guidance, expecting high single-digit to low double-digit revenue growth despite an uncertain macroeconomic environment. It also retained its operating margin guidance of 14.75%-15.75% and expects to convert nearly 80% of its net income into operating cash flow. <\/p>\n
Mphasis \u201cexpect Q2 to have accelerated momentum, with the best sequential growth in cc terms in the last 3 years. Growth to be broad based\u201d <\/p>\n
Mphasis TCV crosses $1.8 billion on AI-led wins <\/p>\n
The company won three large deals during the quarter, including one contract worth more than $100 million. <\/p>\n
Its trailing 12-month TCV crossed $1.8 billion, while 63% of the new deal wins were AI-led, highlighting the growing contribution of artificial intelligence to its business. <\/p>\n
The company\u2019s pipeline also reached a record level, growing 8% sequentially and 28% year-on-year, supported by broad-based demand across industries and service lines. <\/p>\n
Mphasis reported an operating margin of 14.8% in the June quarter, remaining within its guided range despite acquisition-related costs. <\/p>\n
MPhasis reported strong performance across major verticals <\/p>\n
Among industry verticals, the Technology, Media and Telecom (TMT) business delivered the strongest performance, growing 16.4% sequentially and 13.6% year-on-year. <\/p>\n
The Banking and Financial Services (BFS) segment grew 0.8% sequentially and 9.4% annually, while the insurance business rose 17.8% year-on-year. The \u201cOthers\u201d category, which includes retail, increased 5.2% sequentially, supported by new deal wins.<\/p>\n","protected":false},"excerpt":{"rendered":"
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\u2019 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. It also retained its operating margin guidance of 14.75%-15.75% and expects to convert nearly 80% of its net income […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1023502","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1023502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1023502"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1023502\/revisions"}],"predecessor-version":[{"id":1023524,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1023502\/revisions\/1023524"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1023502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1023502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1023502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}