~ Highest ever annual EPS; Grows 9.1% to ₹ 89.9 in FY25
Mumbai: Mphasis Limited (BSE – 526299; NSE – MPHASIS), an Information Technology (IT) solutions provider specializing in cloud and cognitive services, today announced its financial results for the quarter ended 31st March 2025 and the financial year 2024-25.
Year ended 31st March 2025
- FY25 revenue grew 6.7% YoY on a reported basis and 4.6% in Constant Currency to INR 142.2 billion
- Direct revenue grew 7.6% YoY on a reported basis and 5.6% in Constant Currency to INR 136.6 billion
- New TCV wins of USD 1.27 billion in FY25 in Direct
- Net profit grew 9.5% to ₹ 17,021 million in FY25
- EPS grew 9.1% to ₹ 89.9 in FY25
- The Board of Directors recommended a dividend of INR 57 per share for FY25, subject to shareholder approval.
Quarter ended 31st March 2025
- Gross Revenue grew 4.5 % QoQ and 8.9% YoY on a reported basis to INR 37,175 million and grew 2.9% QoQ and 5.4% YoY in Constant Currency
- Direct revenue grew 5.4% QoQ and 10.4% YoY on a reported basis to INR 35,950 million and grew 3.8% QoQ and 6.8% YoY in Constant Currency
- New TCV wins USD 390 million in Direct; of which 85% in new-gen services
- Reported operating margin at 15.3%
- Net profit grew 4.4% QoQ and 13.6% YoY to ₹ 4,465 million
- EPS grew 4.1% QoQ and 12.9% YoY to ₹ 23.5.
We are pleased with a quarter of broad-based performance, reporting the highest QoQ growth in 12 quarters, highest TCV wins in 7 quarters, highest ever quarterly and full year EPS, and 86% YoY growth in pipeline. In this uncertain macro environment, our focus is on continued investments in growth, keeping Tech and AI at the core, and leveraging solutions to transform and modernize our client`s technology and operations stack, said Nitin Rakesh, Chief Executive Officer, and Managing Director, Mphasis.
Deal wins:
- A large North America-based Bank has chosen Mphasis for its Data Center Modernization. Mphasis will help them simplify their operations by consolidation, rationalization, and modernization of platforms to reduce operational risk and accelerate growth and profitability
- Mphasis is partnering with a North American logistics and transportation major in its transformation journey into a data-driven enterprise. Mphasis will be involved in multiple initiatives aimed at enhancing data strategy, governance, analytics, and operational effectiveness
- Mphasis has won a deal with a Healthcare Services major that will utilize the capabilities of the Javelina platform and the integrated Healthcare Experience Framework (HEF) to transform the user experience and back-end processing of enrollment in their products. Mphasis will deliver an evidence-based solution for elevating consumer acquisition, streamlining back-end processing, and lowering the demand for contact center interaction
- A North American Banking client has chosen Mphasis as a strategic partner for modernizing its Wealth Services Platform. Our services will enhance growth, modernization, and regulatory remediation priorities