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AI NewsAI Deals Now Make Up 63% of Mphasis' New Contracts as Q1 Profit Rises 11% YoY

AI Deals Now Make Up 63% of Mphasis' New Contracts as Q1 Profit Rises 11% YoY

6:23 PM IST · July 24, 2026

AI Deals Now Make Up 63% of Mphasis' New Contracts as Q1 Profit Rises 11% YoY

Mphasis’ operating margin narrowed as higher costs weighed on profitability despite strong deal momentum and acquisitions.

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AI Deals Now Make Up 63% of Mphasis' New Contracts as Q1 Profit Rises 11% YoY