Mphasis Reports 14.14% Increase in Net Profit for Q1 2026
Mphasis consolidated net profit rises 14.14% in the March 2026 quarter
Business Standard
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Mphasis, an Indian IT services company, reported a 14.14% rise in net profit to ₹509.64 crore for the quarter ending March 2026, compared to ₹446.49 crore in the same quarter last year. Sales also increased by 14.36% to ₹4242.67 crore during this period.
- 01Mphasis' net profit rose 14.14% to ₹509.64 crore in Q1 2026.
- 02Sales increased by 14.36% to ₹4242.67 crore in the same quarter.
- 03For the full year, net profit grew 9.43% to ₹1862.60 crore.
- 04Annual sales rose 11.59% to ₹15879.65 crore.
- 05The company's operational profit margin remained stable at 18.94%.
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Mphasis, a prominent IT services provider in India, announced a 14.14% increase in net profit, reaching ₹509.64 crore for the quarter ending March 2026, compared to ₹446.49 crore in the same quarter of the previous year. Sales also saw a significant rise of 14.36%, amounting to ₹4242.67 crore against ₹3710.04 crore in March 2025. For the entire fiscal year, Mphasis reported a net profit of ₹1862.60 crore, reflecting a growth of 9.43% from ₹1702.14 crore in the prior year. Annual sales increased by 11.59%, totaling ₹15879.65 crore compared to ₹14229.99 crore in the previous fiscal year. The operational profit margin for the quarter stood at 18.94%, indicating stable performance in operational efficiency.
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The growth in Mphasis' net profit and sales suggests a positive trend in the IT services sector, which may lead to increased job opportunities and investments in technology.
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