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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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If you signed up for ChatGPT Go through the 12-month free offer in India, you might be wondering what happens when the free period ends. If you don't want to continue with a paid subscription, it's worth checking your renewal date and cancelling in time. ChatGPT Go costs Rs. 399 per month in India after the offer period. The cancellation process is fairly simple, but the steps differ depending on whether you signed up through the website, Google Play Store or App Store.

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