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.
Q3 FY26 Earnings Results
- Revenue from Operations: ₹4,002.58 crore, up 12.39% YoY from ₹3,561.34 crore in Q3 FY25; up 2.6% QoQ from ₹3,901.91 crore in Q2 FY26.
- Gross Revenue: ₹4,002.58 crore, up 12.4% YoY from ₹3,561.34 crore.
- PBDIT (Operating Profit before Depreciation, Interest, Tax): ₹771.43 crore, up 10% YoY from ₹701.57 crore.
- PBT: ₹628.58 crore, up 10% YoY from ₹569.15 crore.
- Profit After Tax (PAT): ₹442.19 crore, up 3.36% YoY from ₹427.81 crore; down 5.7% QoQ from ₹469 crore in Q2 FY26 due to ₹35.5 crore one‑time New Labour Codes provision.
- PAT before exceptional items: ₹468.7 crore, up 9.5% YoY.
- EPS: ₹23.22, up 2.8% YoY from ₹22.58.
- 9M FY26:
- Revenue: ₹11,536.31 crore, up 10.6% YoY from ₹10,519.99 crore.
- Net Profit: ₹13,529.62 crore, up 7.7% YoY from ₹12,556.47 crore.
Management Commentary & Strategic Decisions – Q3 FY26
- CEO Nitin Rakesh stated that the AI platform is “supersizing pipeline and deals, paving way for faster revenue growth and continued wallet‑share wins”; Q3 marked 4th consecutive quarter of positive sequential growth.
- TCV wins: USD 428 million, up from USD 351 million YoY, with nearly 62% AI‑led deals.
- Strategic focus:
- Scaling AI‑first transformation offerings and NeoIP™ unified AI platform across BFSI, Healthcare and Technology verticals.
- Banking & Financial Services led growth with ₹2,091 crore revenue (+20.8% YoY).
- Maintaining stable operating margins (18.7%) through execution discipline despite labour‑code impact.
Q2 FY26 Earnings Results
- Gross Revenue: ₹3,901.91 crore, up 5.3% QoQ and 11.4% YoY.
- Revenue from Operations: ₹3,901.91 crore, up 11.4% YoY.
- Net Profit: ₹469.07 crore, up 6.2% QoQ and 10.8% YoY; EPS ₹24.70 (up 10.2% YoY).
- Operating Margin: 15.3%.
- New TCV wins: USD 528 million in Direct business, 87% from new‑gen services (AI/cloud).
- Pipeline: 69% AI‑led.
Management Commentary & Strategic Directions – Q2 FY26
- Strong H1 performance with AI‑driven growth; aiming for >2x industry growth through NeoIP™ platform and wallet‑share expansion.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.