Mphasis Ltd Q1 FY27 revenue rose 17.5% YoY

Revenue reached ₹4,384 crore, up 3.3% sequentially. Net profit rose 10.8% year-on-year to ₹489.5 crore, although it declined 3.9% sequentially. Net new total contract value (TCV) reached $461 million, with 63% of wins classified as AI-led. Management said the AI-led pipeline now represents about 70% of the total pipeline, up sharply from 12% in mid-2024.