Mphasis Q1 FY27 Results: Revenue Up 17.5%, TCV Wins Hit $461M
Mphasis reported double-digit revenue and profit growth in Q1 FY27, supported by strong demand for AI-led services, while new deal wins reached $461 million during the quarter.
Mphasis Q1 Results 2027: Consolidated revenue rose 17.5% YoY and 3.3% QoQ to ₹4,384.05 crore for the quarter ended 30 June 2026. Consolidated PAT stood at ₹489.51 crore, up 10.8% YoY but down 3.9% QoQ. New deal wins (TCV) came in at $461 million, with 63% AI-led.
Mphasis Q1 Results 2027: Mphasis share price opened nearly 4% higher on 24 July following its Q1 FY27 results. However, at the time of writing (10:17 AM), the stock had turned negative and is trading 0.47% lower. The broader market was also under pressure, as Nifty 50 is down around 1%.
Mphasis closed the first quarter of FY27 with consolidated revenue from operations at ₹4,384.05 crore, up 17.5% from ₹3,732.49 crore a year earlier and up 3.3% from ₹4,242.67 crore in the March quarter. While PAT rose 10% YoY, here is the detailed breakdown of Mphasis Q1 results 2027
As of 24 July, 10:20 AM
Mphasis Q1 FY27 Results Highlights
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Total income, which includes other income, rose to ₹4,466.91 crore, up 17.1% YoY and 2.7% QoQ, from ₹3,813.44 crore in Q1 FY26 and ₹4,350.59 crore in Q4 FY26.
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EBITDA for the quarter stood at ₹795.17 crore, up 13.1% year-on-year from ₹702.87 crore, but down 1.25% from ₹805.26 crore in the previous quarter. EBITDA margin came in at 18.14%, compared with 18.83% a year ago and 18.98% in Q4 FY26
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Consolidated PAT attributable to equity owners came in at ₹489.51 crore for the quarter, up 10.8% from ₹441.70 crore in Q1 FY26, but down 3.9% from ₹509.64 crore in Q4 FY26.
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Diluted EPS was ₹25.61, against ₹23.14 a year ago and ₹26.68 in the previous quarter; the company flagged this as a 10.4% YoY gain and a 4.0% QoQ decline in its press release.
|
Metric |
Q1 FY27 |
Q4 FY26 |
QoQ % |
Q1 FY26 |
YoY % |
|---|---|---|---|---|---|
|
Revenue from Ops (₹ Cr) |
4,384.05 |
4,242.67 |
+3.33% |
3,732.49 |
+17.46% |
|
Total Income (₹ Cr) |
4,466.91 |
4,350.59 |
+2.67% |
3,813.44 |
+17.14% |
|
EBITDA (₹ Cr) |
795.17 |
805.26 |
-1.25% |
702.87 |
+13.13% |
|
EBITDA Margin % |
18.14% |
18.98% |
-84 bps |
18.83% |
-69 bps |
|
PAT (₹ Cr) |
489.51 |
509.64 |
-3.95% |
441.70 |
+10.82% |
|
EPS — Diluted (₹) |
25.61 |
26.68 |
-4.01% |
23.14 |
+10.67% |
Source: NSE filing, Mphasis Limited Q1 FY27 Consolidated Financial Results
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Mphasis Q1 Segment Performance (Consolidated, YoY)
Banking and Financial Services remained the largest segment by far, and Insurance posted the sharpest YoY jump. Logistics and Transportation was the only segment to shrink year-on-year.
|
Segment |
Q1 FY27 (₹ Cr) |
Q1 FY26 (₹ Cr) |
YoY% |
|---|---|---|---|
|
Banking and Financial Services |
2,354.80 |
1,967.93 |
+19.66% |
|
Logistics and Transportation |
187.91 |
217.09 |
-13.44% |
|
Technology, Media and Telecom |
812.40 |
675.72 |
+20.22% |
|
Insurance |
665.93 |
510.50 |
+30.45% |
|
Others |
446.31 |
362.90 |
+22.99% |
Mphasis Q1 2027 Orderbook
Mphasis secured new deal wins worth $461 million (TCV) during Q1 FY27, with 63% of the total driven by AI-related projects. The company said its Mphasis Tria platform is seeing encouraging early adoption and expects quarter-on-quarter (QoQ) growth to improve further in Q2 FY27, supported by higher business from existing clients and continued demand for AI-led solutions.
During the quarter, Mphasis won several key contracts, including projects from a Tier 1 global technology company for retail and enterprise technology platforms, a Tier 1 US telecom company for AI-led operations transformation, a leading investment bank for crypto and tokenisation initiatives, and a major US bank for modernising fraud detection, claims processing, and banking operations.