Its constant currency revenue growth came in at 2.5% compared to estimates of 2.4% on a sequential basis.
Its earnings before interest, and tax (EBIT) margin was at 15.4%, marginally higher than estimates of 15.2%. Its EBIT increased by 7.2% sequentially to ₹652.4 crore from ₹608.8 crore.
Meanwhile, the company also reported constant currency revenue growth of 6.7% for the financial year 2026.
It reported a profit after tax (PAT) of ₹509.6 crore in the fourth quarter, which was 15.3% more than the ₹442 crore it reported in the previous quarter. In the year-ago period, its net profit was at ₹446.5 crore.
Its rupee revenue came in at ₹4,242.6 crore, up 6% from ₹4,002.5 crore sequentially. The same figure was at ₹3,710 crore in the March quarter of the previous fiscal.
Mphasis’ revenue in US dollar terms was up 2.6% to $462 million compared to $451.4 million in the previous quarter.
Its total contract value (TCV) was at $407 million in the March quarter compared to $390 crore in the previous year and $428 crore in the previous quarter.
The Mphasis board also recommended a final dividend of ₹62 per equity share of face value ₹10 for FY26. The same is subject to shareholder approval at the upcoming annual general meeting (AGM). The dividend, if declared, will be paid within 30 days of the AGM, the company said.
It has set Wednesday, July 8, 2026 as the record date for the final dividend, if approved by shareholders.
The company has issued dividends every July since 2022 starting with ₹45, followed by final dividends of ₹50 and ₹55 in 2023 and 2024, respectively, and a dividend of ₹57 in 2025. In September 2021, it had issued a special dividend of ₹27 and a final dividend of ₹38 per share.
Mphasis has guided for high single-digit to low double-digit growth in constant currency. This is on the back of record net new TCV of $2.1 billion, up 68% from last year, and a pipeline at an all-time high.
The OCF to net income conversion has been guided at 80% compared to over 100% in the past. This is on account of upfront contract acquisition cost payouts to clients on large annuity/savings-led deals. The company said it sometimes pays the client upfront savings in Year 1.
Mphasis shares were trading 2.5% higher at ₹2,307.2 apiece at 10 am on Thursday. The stock has gained 8% in the past month but has declined 18.4% this year, so far.
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