IT Consulting & Software company MphasiS announced Q2FY26 results Gross Revenue grew 5.3% QoQ and 11.4% YoY in Q2FY26 on a reported basis and grew 2.0% QoQ and 6.0% YoY in Constant Currency. Direct revenue grew 5.5% QoQ and 13.4% YoY on a reported basis and grew 2.2% QoQ and 7.9% YoY in Constant Currency. New TCV wins of USD 528 million in Direct, of which 87% is in new-gen services. Reported operating margin at 15.3%. Net profit grew 6.2% QoQ and grew 10.8% YoY to Rs 4,691 million in Q2FY26. EPS grew 6.2% QoQ and 10.2% YoY to Rs 24.7. Nitin Rakesh, Chief Executive Officer & Managing Director, Mphasis, said: “Our early, focused investments in AI have positioned Mphasis as a strategic partner for clients navigating their transformation journey. Another strong quarter of TCV wins of USD 528 million is a testimony to our AI first approach delivering business outcomes, across diverse industries.” Result PDF