Mphasis Eyes Strong FY26 Finish, Driven by Robust Deal Pipeline and Growth

• Mphasis anticipates Q4FY26 to be its strongest quarter, positioning for accelerated growth into FY27.
• CEO Nitin Rakesh and CFO Aravind Viswanathan expressed confidence in sustained demand across BFSI and other key verticals.
• The company reported a net profit of ₹442 crore in Q3FY26, a 5.7% QoQ decrease, falling short of market estimates.
• Mphasis secured $1.2 billion in TCV wins in H1FY26 and an additional $428 million in Q3FY26, totaling $2 billion over 12 months.
• The firm sees a significant reprioritization of client spending towards new AI stacks, aligning with its offerings.

Why It Matters: Mphasis expects a strong close to FY26 and accelerated growth into FY27, backed by a robust deal pipeline.