From Financialexpress · Poulomi Chatterjee · · 1m 10s
Mphasis Q2 Profit Rises 14.6% to Rs 561 Crore
Mphasis reports 14.6% sequential profit growth to Rs 561 crore in Q2 FY27 with AI-driven deals expanding.
In brief
Mphasis reports 14.6% sequential profit growth to Rs 561 crore in Q2 FY27 with AI-driven deals expanding. Mphasis achieved a 14.6% sequential rise in Q2 FY27 net profit to Rs 561 crore, driven by AI-led deal pipeline growth. Originally reported by Financialexpress.
Mphasis Q2 Profit
Mphasis reports a 14.6% rise in net profit to Rs 561 crore for Q2 FY27 with revenue up 4.5% to Rs 4,581 crore.
AI-Led Deal Pipeline
The pipeline is seeing broad-based expansion across with projects in modernisation, Next Ops, XaaP and Experience offerings growing.
Revenue Growth
Mphasis revenue grew 4.5% sequentially to Rs 4,581 crore with 3.2% quarterly dollar growth and 9.2% yearly growth to $485 million.
Ebit and Margin
Earnings before interest and taxes (Ebit) came in at Rs 678 crore with an operating margin of 14.8%, steady quarterly but down 50 basis points from last year.
New Contract Value
Mphasis new total contract value (TCV) wins rose to $466 million, with AI-led deal pipeline growing to 71%.
Segment Performance
Banking and financial services grew 4.5% sequentially, while logistics & transportation revenue plunged 12% quarterly.
What it means
Mphasis achieved a 14.6% sequential rise in Q2 FY27 net profit to Rs 561 crore, driven by AI-led deal pipeline growth.
