MphasiS Limited — Investor Meet, 28-07-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Mphasis delivered Q1 FY27 revenue of $471 million (+8.3% YoY CC), with Direct revenue growing 9.9% YoY CC. EBIT margin was 14.75%, impacted by new deal ramp-up and acquisition costs, but the FY27 target band of 14.75%-15.75% EBIT is maintained. Management anticipates Q2 will show the best sequential constant currency growth in three years. Net new TCV for the quarter was $461 million, driving the pipeline to an all-time high, with 70% being AI-led. The Tria™ platform demonstrates strong early traction, converting opportunities swiftly. Management remains confident in its platform-first strategy to drive future growth and expand client engagements.