Mphasis Ltd, the Bengaluru-based IT services and consulting firm, reported Q3 results on Thursday that showed steady revenue growth alongside Mphasis quarterly profit moderation. Shares of the company were mixed in early trading following the announcement, with broader IT sector sentiment subdued.<\/p>\n\n\n\n
Mphasis\u2019 consolidated revenue from operations for the quarter ended December 31, 2025, rose to \u20b940,025.79 crore, up 12.4% year-on-year (YoY)<\/strong> and 2.6% quarter-on-quarter (QoQ)<\/strong>. Total income for the period was \u20b940,649.61 crore. Consolidated profit after tax was \u20b94,421.85 crore, reflecting a 3.4% YoY increase but a 5.7% sequential decline<\/strong> from the prior quarter. Results include an exceptional charge related to changes in labour laws. Standalone revenue stood at \u20b924,088.29 crore, with profit after tax of \u20b93,391.56 crore.<\/p>\n\n\n\n Mphasis\u2019 reported operating margin for Q3 FY26 was 15.2%, slightly lower than in the preceding quarter, as cost pressures linked to statutory labour changes weighed on margin expansion. On a constant currency basis, direct revenue grew 1.9% sequentially and 9.6% YoY. The company secured new total contract value (TCV) wins of USD 428 million<\/strong> during the quarter, with a significant portion attributed to AI-led engagements.<\/p>\n\n\n\n Mphasis\u2019 market capitalization is broadly estimated in the \u20b953,000\u2013\u20b955,000 crore bracket according to latest share price figures, as the stock hovers near \u20b92,800 across key Indian exchanges. Key valuation indicators reveal a trailing P\/E ratio of about 30x, alongside a dividend yield close to 2%. Lately, derivatives trading has exhibited increased open interest levels, signalling stronger market participation amid fluctuating price movements.<\/p>\n\n\n\n Mphasis continues to position itself as an AI-led, platform-driven technology partner for global enterprises, with its Mphasis NeoIP\u2122<\/strong> suite cited by management as central to accelerating digital transformation deals. Vertical traction was noted across financial services and insurance segments, with sequential growth in key client geographies.<\/p>\n\n\n\n In mid-January 2026, Mphasis\u2019 wholly owned UK subsidiary completed the acquisition of the remaining 49% stake in Mrald Limited<\/strong>, converting the venture into a wholly-owned step-down subsidiary. This move underscores Mphasis\u2019 focus on strengthening its digital insurance and reinsurer support capabilities in Europe.<\/p>\n\n\n\n Earlier in 2025, the company expanded its AI ecosystem through a minority stake investment in Aokah Inc.<\/strong>, a US-based AI platform provider, aimed at enhancing capabilities for global capability centres and AI-driven transformation services.<\/p>\n\n\n\n On the investor call accompanying the results, management reaffirmed its commitment to double-digit growth and to converting strong TCV wins into revenue over the remainder of FY26. The company cited its AI-enabled platforms and automation-focused delivery model as key levers for future expansion. Forward outlook emphasised focus on large deal ramp-ups, wallet share gains with existing clients, and disciplined cost management.<\/p>\n\n\n\n In Q3 FY26, Mphasis recorded sequential revenue growth and year-over-year profit gains, counterbalanced by non-recurring expenses and margin strain. Ongoing strategic acquisitions and AI investments are expanding the company’s service lineup.<\/p>\n","protected":false},"excerpt":{"rendered":" Mphasis Ltd, the Bengaluru-based IT services and consulting firm, reported Q3 results on Thursday that showed steady revenue growth alongside Mphasis quarterly profit moderation. Shares of the company were mixed in early trading following the announcement, with broader IT sector sentiment subdued. Mphasis\u2019 consolidated revenue from operations for the quarter ended December 31, 2025, rose […]<\/p>\n","protected":false},"author":2395,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8,1941],"tags":[9007],"class_list":["post-174847","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology-stocks","category-stock-analysis","tag-information-technology-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":172026,"url":"https:\/\/alphastreet.com\/india\/mphasis-q2-fy26-earnings-results\/","url_meta":{"origin":174847,"position":0},"title":"Mphasis Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"October 31, 2025","format":false,"excerpt":"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. \u00a0 Q2 FY26 Earnings Results: Consolidated Net Profit: \u20b9469 crore, up 10.79% YoY from \u20b9423.3 crore in Q2 FY25; up 6.18% QoQ. Revenue from Operations: \u20b93,901.91\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Mphasis Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Mphasis-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Mphasis-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Mphasis-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Mphasis-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Mphasis-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Mphasis-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":177188,"url":"https:\/\/alphastreet.com\/india\/mphasis-q3-fy26-earnings-results\/","url_meta":{"origin":174847,"position":1},"title":"Mphasis Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 23, 2026","format":false,"excerpt":"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: \u20b94,002.58 crore, up 12.39% YoY from \u20b93,561.34 crore in Q3 FY25; up 2.6% QoQ from \u20b93,901.91 crore in Q2\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Mphasis Q3 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-34.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-34.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-34.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-34.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-34.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-34.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":169348,"url":"https:\/\/alphastreet.com\/india\/mphasis-ltd-q1fy26-9-rise-in-profits\/","url_meta":{"origin":174847,"position":2},"title":"Mphasis Ltd Q1FY26; 9% rise in Profits","author":"Chirag Gupta","date":"July 25, 2025","format":false,"excerpt":"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. Financial Results: Mphasis Ltd reported Revenues for Q1FY26 of \u20b93,732.00 Crores up from \u20b93,422.00 Crore year on year, a rise of 9.06%. Total Expenses for Q1FY26\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":139353,"url":"https:\/\/alphastreet.com\/india\/mphasis-q3fy23-15-growth-in-profits\/","url_meta":{"origin":174847,"position":3},"title":"Mphasis Q3FY23; 15% Growth in Profits","author":"Karan_Singh","date":"January 26, 2023","format":false,"excerpt":"Mphasis Ltd.\u2019s revenue in Q3FY23 rose 12% to \u20b9 35,062 millions. Consolidated Profit After Tax came at \u20b9 4,123 millions showcasing a 15% rise YoY over the corresponding period. In this quarter\u2019s\u00a0results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-MPHASIS.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-MPHASIS.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-MPHASIS.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-MPHASIS.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-MPHASIS.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":144540,"url":"https:\/\/alphastreet.com\/india\/mphasis-limited-q4fy23-earnings-story\/","url_meta":{"origin":174847,"position":4},"title":"Mphasis Limited Q4FY23 Earnings Story","author":"Karan_Singh","date":"April 28, 2023","format":false,"excerpt":"Mphasis, a leading global supplier of information technology (IT) solutions with a focus on cloud and cognitive services, uses cutting-edge technology to support organisations in their global transformation. Financial Results: Mphasis Ltd. reported Total Income for Q4FY23 of \u20b9 3,404 Crores up from \u20b9 3,317 Crore year on year, a\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"Indegene","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":149509,"url":"https:\/\/alphastreet.com\/india\/mphasis-ltd-q1fy24-1-fall-in-profits\/","url_meta":{"origin":174847,"position":5},"title":"Mphasis Ltd Q1FY24; 1% fall in Profits","author":"Karan_Singh","date":"July 21, 2023","format":false,"excerpt":"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.(Source : 202003 Annual Report Page No:36) Financial Results: Mphasis Ltd reported Revenues for Q1FY24 of \u20b93,252.00 Crores down from \u20b93,411.00 Crore year on year, a fall\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-107.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-107.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-107.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-107.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-107.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-107.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/174847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=174847"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/174847\/revisions"}],"predecessor-version":[{"id":174962,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/174847\/revisions\/174962"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=174847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=174847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=174847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Latest Quarterly Results<\/strong><\/h2>\n\n\n\n
Market Capitalization and Share Performance<\/strong><\/h2>\n\n\n\n
Business and Operations Update<\/strong><\/h2>\n\n\n\n
Strategic Moves and M&A Activity<\/strong><\/h2>\n\n\n\n
Outlook<\/strong><\/h2>\n\n\n\n
Summary<\/strong><\/h2>\n\n\n\n