MphasiS Limited — Investor Meet, 05-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Mphasis reports Q2 FY26 revenue of $445 million (up 6% YoY CC), its highest ever. Direct business grew 7.9% YoY CC. EBIT margin held stable at 15.3%, with operating profit at INR 595.9 Cr (up 9.5% YoY) and EPS up 10.2% YoY. The company secured $528 million in TCV wins for Q2, pushing LTM TCV past $2 billion. Pipeline reached record levels, up 97% YoY and 69% AI-led, boosted by the new Mphasis NeoIPTM platform. Strong growth persists in BFS, Insurance, and TMT verticals. Management is confident in exceeding 2x industry growth, driven by AI-led 'Savings-Led Transformation' and sustained margins.