Mphasis has announced its financial results for the quarter and year ended March 31, 2026. The company reported a 11.6% year-on-year revenue growth for the fiscal year, with new Total Contract Value (TCV) wins reaching USD 2.1 billion, 60% of which is AI-led. Mphasis also declared a final dividend of ₹62 per share and announced the reappointment of its leadership team, reflecting confidence in its continued momentum in the AI and digital transformation space.
Financial Highlights for FY26
Mphasis demonstrated robust performance in FY26, achieving a 11.6% revenue growth on a reported basis. Operating margins for the year remained stable at 15.3%. For the quarter ended March 31, 2026, revenue grew 6.0% sequentially and 14.4% year-on-year. The net margin for the quarter before exceptional items rose by 30 bps sequentially to 12.0%. Additionally, the company saw its EPS (before exceptional items) grow by 13.7% year-on-year to ₹26.7 for the quarter.
Strategic Growth and AI Momentum
The company achieved a record milestone with USD 2.1 billion in new TCV wins throughout the fiscal year. A significant portion of this success—60% for the full year and 64% for the fourth quarter—is driven by its AI-led initiatives. This momentum is supported by the company’s NeoIP™ suite and the strategic acquisition of Theory and Practice (TAP), which enhances Mphasis’ ability to offer decision-intelligence solutions and advanced AI integration for global enterprise clients.
Dividend and Governance
The Board of Directors has recommended a final dividend of ₹62 per equity share for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting scheduled for July 23, 2026. The record date for the dividend entitlement is set for July 8, 2026.
Furthermore, the Board has approved the reappointment of Mr. Nitin Rakesh as Chief Executive Officer and Managing Director for a term of 5 years effective from October 1, 2026, and Ms. Maureen Anne Erasmus as an Independent Director for a second 5-year term effective from December 20, 2026.
Source: BSE
