Mphasis Q4 Profit Grows to ₹446 Crore

26 Apr 2025 , 11:35 PM

Mphasis Ltd. shares attracted investor interest on Friday, April 25, following the company’s best sequential growth in three years for the January–March quarter (Q4 FY25). USD revenue increased by 2.6% quarter-on-quarter, while constant currency revenue growth was 2.9%, indicating good operational momentum.

The performance of the company was led by strong demand in BFSI (Banking, Financial Services, and Insurance) and TMT (Technology, Media, and Telecom) verticals. The insurance business also became a major growth contributor.

In BFSI, sequential growth was at 5.6%, and YoY growth was at 11.8%. TMT vertical recorded a quarter-on-quarter growth of 8.2% and a YoY growth of 18.1%.

Mphasis announced wins of $390 million in Q4 FY25, the highest seven-quarter high in total contract value (TCV). Interestingly, 59% of these new wins were AI-led, reflecting Mphasis’ increasing emphasis on AI-solutions. The order pipeline was at an all-time high, growing 26% sequentially and 86% YoY, reflecting good visibility of business for the next quarters.

In rupees, Q4 revenue was at ₹3,710 crore from ₹3,561.3 crore in the quarter ended December and ₹3,412 crore year ago. Net profit increased to ₹446.4 crore from ₹427.8 crore in the last quarter and ₹393.2 crore for the same quarter year ago.

Constant currency growth was much better than the last quarter, increasing from 0.2% in Q3 to 2.9% in Q4. The company secured two large deals in Q4 and 13 large deals in FY25 in total, indicating steady momentum in strategic deal-making.