IT solutions provider Mphasis on Friday reported a 10.79 per cent increase in consolidated net profit to Rs 469 crore for the July-September quarter.
The company had reported a net profit (attributable to equity owners of the company) of Rs 423.3 crore in the year-ago period, according to regulatory filings.
The Bengaluru-headquartered company's revenue from operations rose 10.34% to Rs 3,901.91 crore in Q2 FY26, as against Rs 3,536.14 crore in Q2 FY25.
Seen sequentially, profit and revenue rose by 6.18% and 4.53%, respectively.
"Our early, focused investments in AI have positioned Mphasis as a strategic partner for clients navigating their transformation journey. Another strong quarter of total contract value (TCV) wins of USD 528 million is a testimony to our AI first approach delivering business outcomes, across diverse industries.", said Nitin Rakesh, chief executive officer and managing director, Mphasis. As much as 87% of the deal wins were in new-gen services, the company said.
The company had reported a net profit (attributable to equity owners of the company) of Rs 423.3 crore in the year-ago period, according to regulatory filings.
The Bengaluru-headquartered company's revenue from operations rose 10.34% to Rs 3,901.91 crore in Q2 FY26, as against Rs 3,536.14 crore in Q2 FY25.
Seen sequentially, profit and revenue rose by 6.18% and 4.53%, respectively.
"Our early, focused investments in AI have positioned Mphasis as a strategic partner for clients navigating their transformation journey. Another strong quarter of total contract value (TCV) wins of USD 528 million is a testimony to our AI first approach delivering business outcomes, across diverse industries.", said Nitin Rakesh, chief executive officer and managing director, Mphasis. As much as 87% of the deal wins were in new-gen services, the company said.
