Conference Call with MphasiS Ltd. Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
IT Consulting & Software company MphasiS announced Q2FY25 results Gross Revenue grew 3.1% QoQ and 7.0% YoY in Q2FY25 on a reported basis and grew 2.4% QoQ and 5.4% YoY in Constant Currency. Direct revenue grew 3.2% QoQ and 7.9% YoY on a reported basis and grew 2.4% QoQ and 6.2% YoY in Constant Currency. New TCV wins of USD 207 million in Q2 FY25 in Direct; of which 88% in new-gen services. Reported operating margin at 15.4%. Net profit grew 4.7% QoQ and 8.0% YoY to Rs 4,233 million in Q2FY25. EPS grew 4.6% QoQ and 7.7% YoY to Rs 22.4 in Q2FY25. Nitin Rakesh, Chief Executive Officer, and Managing Director, Mphasis said: “Despite many ongoing challenges, the macro environment continues to trend in the right direction. We are witnessing increased AI adoption across clients to address enterprise challenges with higher efficiency and accuracy, beyond cost advantage. Savings led transformation TM thesis is core to all our deal archetypes and solutions, thus significantly enhancing service delivery and savings for clients”. Result PDF