MphasiS Limited — Investor Meet, 27-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Mphasis reported Q3 FY26 revenue of $451 million, up 7.4% YoY in constant currency, with Direct business growing 9.6% YoY. Operating profit reached 608.9 Cr, and EBIT margin held stable at 15.2%.

Net new TCV (Total Contract Value) hit $428 million, including two large deals exceeding $50 million, pushing LTM TCV to $2.1 billion. The AI-led pipeline is at record levels, up 66% YoY, driven by the NeoIP platform. BFS grew 18% YoY (Direct) and Insurance 36.6% YoY. Management expects Q4 to be the strongest growth quarter for FY26, projecting growth over 2x the industry average. Sentiment is confident, focusing on AI-led transformation driving future expansion.