Mphasis shares in focus as PAT surges 8.4% YoY in Q1
Mphasis
are likely to be in focus on Friday after the company reported an 8.4% year-on-year (YoY) gain in its Q1FY26 PAT at Rs 441.73 crore, while the same fell by 1.1% quarter-on-quarter (QoQ).
The profit after tax (PAT) stands at Rs 442 crore, compared to Rs 446 crore in Q4FY25.
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The company's revenue from operations for Q1FY26 rose marginally by 0.6% to Rs 3,732 crore, up from Rs 3,710 crore reported in the previous quarter.
Earnings before interest and tax (EBIT) for the quarter came in at Rs 571 crore, reflecting a 0.7% increase over Rs 567 crore recorded in Q4FY25. The EBIT margin remained stable at 15.3%, unchanged from the previous quarter, with a minor movement of 1 basis point.
Mphasis reported strong total contract value (TCV) wins in Q1FY26, with new deal wins reaching $760 million, marking a 138% year-on-year growth and the highest-ever TCV secured by the company in a single quarter.
The company secured four large deals during the quarter—three exceeding $100 million and one over $50 million. The TCV wins were primarily driven by the Banking & Financial Services (BFS), Insurance, and Technology, Media and Telecom (TMT) sectors.
Of the total wins, 68% were AI-led, showcasing the company's increasing focus on artificial intelligence-driven solutions.
In terms of large deal wins (defined as those exceeding $20 million in TCV), Mphasis recorded 79 such deals in Q1FY26, compared to 75 in Q4FY25 and 65 in Q1FY25, adding 14 new large deals over the past year.
Mphasis shares
closed 2.9% lower at Rs 2,655.10 on the BSE on Thursday.
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