IT solutions provider Mphasis reported a 10.79% increase in its consolidated net profit to Rs 469 crore for Q2FY26. This is compared to the company’s Q2FY25 net profit of Rs 423.3 crore in the year-ago period.

The Bengaluru-headquartered company’s revenue from operations rose 10.34% YoY in Q2FY26 to Rs 3,901.91 crore from Rs 3,536.14 crore in Q2 FY25.

Key highlights from the Mphasis Q2FY26

On a sequential basis, Q2 profit rose by 6.18% and revenue increased by 4.53%. The company recorded new TCV wins of $528 million in direct, of which 87% is in new-gen services. Total income stood at Rs 3,976.5 crore.

Mphasis CEO credits AI-first strategy for strong Q2

“Our early, focused investments in AI have positioned Mphasis as a strategic partner for clients navigating their transformation

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