Mphasis Q2 FY26 Earnings Results

Mphasis a global Information Technology (IT) solutions provider specializing in providing cloud and cognitive services, applies next-generation technology to help enterprises transform businesses globally.

 

Q2 FY26 Earnings Results:

• Consolidated Net Profit: ₹469 crore, up 10.79% YoY from ₹423.3 crore in Q2 FY25; up 6.18% QoQ.

• Revenue from Operations: ₹3,901.91 crore, up 10.34% YoY from ₹3,536.14 crore in Q2 FY25; up 4.53% QoQ.

• Total Contract Value (TCV) wins: $528 million, with 87% of the wins in new-generation services.

• EBITDA: ₹796 crore, up 12.7% YoY with margin at 20.41% (down slightly from last quarter).

• Profit Before Tax (PBT): ₹625 crore, up 2.41% QoQ.

• Earnings per share (EPS): ₹24.70, up 10.2% YoY.

• Growth led by insurance and TMT verticals; BFS sector grew 13.8% YoY.

• Highest-ever revenue and EPS reported.

• AI-first strategy highlighted as driving strong deal wins and business outcomes.

 

Management Commentary & Strategic Insights:

• CEO Nitin Rakesh credited early investments in AI for the company’s positioning as a strategic partner across industries.

• Strong pipeline of TCV wins and focus on AI-driven transformation.

• Mphasis aims to grow at more than twice the industry rate, leveraging new-gen services.

• Expect continued growth in banking sector and improved logistics margins.

• Company launched NeoIP™ unified AI platform to strengthen AI capabilities.

 

 

Q1 FY26 Earnings Results:

• Gross Revenue: ₹3,813.44 crore, up 9.2% YoY and 0.4% QoQ.

• Net Profit: ₹441.7 crore, up 9.2% YoY; down 1.1% QoQ.

• Profit Before Tax: ₹610 crore, up 13.5% YoY and 16.8% QoQ.

• EBITDA margin: 15.3%.

• New TCV wins of $760 million in direct business, with 82% in new-gen services.

• EPS: ₹23.10, up 8.5% YoY and 12.1% QoQ.

 

To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.