Conference Call with MphasiS Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
IT Consulting & Software company MphasiS announced Q3FY25 results Gross revenue grew 0.8% QoQ and 6.1% YoY in Q3FY25 on a reported basis and grew 0.2% QoQ and 4.6% YoY in Constant Currency. Direct revenue grew 0.8% QoQ and 6.6% YoY on a reported basis and grew 0.2% QoQ and 5.1% YoY in Constant Currency. New TCV wins of USD 351 million in Q3FY25 in Direct. Reported operating margin at 15.3%. Net profit grew 1.1% QoQ and 14.5% YoY to Rs 4,278 million in Q3FY25. EPS grew 1.0% QoQ and 14.1% YoY to Rs 22.6 in Q3FY25. Nitin Rakesh, Chief Executive Officer, & Managing Director, Mphasis, said: “We continue to stay focused on driving deal activity and closures, as we get on the other side of the macro cycle. AI is driving a fundamental shift that redefines and expands our addressable market. With the infusion of our NeoZeta™ and NeoCrux™ AI platforms, we are witnessing a considerable uptick in AI adoption, as evidenced in our deal wins and pipeline growth.” Result PDF