Mphasis announced strong financial results for the quarter and year ended March 31, 2026. The company reported a 11.6% YoY growth in revenue for the fiscal year, driven by robust AI-led initiatives and a record USD 2.1 billion in new TCV wins. For the final quarter, revenue grew 6.0% QoQ, with EPS increasing to ₹26.7. Additionally, the Board recommended a final dividend of ₹62 per share.
Financial Highlights for FY26
Mphasis closed the financial year 2025-26 on a high note, posting a 11.6% YoY revenue growth on a reported basis (6.7% in constant currency). The company’s focus on AI-led innovation remains a key driver, with new TCV wins totaling USD 2.1 billion for the year, 60% of which is attributed to AI. The operating margin for the year remained stable at 15.3%, while the EPS before exceptional items reached ₹99.2.
Fourth Quarter Performance
In the quarter ended March 31, 2026, Mphasis demonstrated consistent growth with a 6.0% QoQ and 14.4% YoY revenue increase. The company secured USD 407 million in new TCV during this quarter, with 64% of that volume being AI-led. Operating margins saw a 20 bps QoQ improvement, and the company reported an EPS of ₹26.7 for the period.
Strategic Dividends and Leadership
The Board of Directors has recommended a final dividend of ₹62 per equity share, subject to shareholder approval at the upcoming Annual General Meeting scheduled for July 23, 2026. Furthermore, the company has announced the re-appointment of Mr. Nitin Rakesh as Chief Executive Officer and Managing Director for a second 5-year term, effective October 1, 2026, reflecting the board’s confidence in the current strategic direction.
Recent Acquisitions and Market Outlook
Mphasis continues to scale its technological capabilities through strategic acquisitions. The recent addition of Theory and Practice (TAP) is set to enhance Mphasis’ decision intelligence platform, Continuum AI. This move integrates AI with behavioral economics to provide deeper business insights. These efforts, combined with a healthy sales pipeline, position the firm for continued momentum heading into FY27.
Source: BSE
