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Mphasis Q2 profit climbs as AI-led deal wins hit $466m

Positive+17Company event

GreyOak summary

Mphasis reported a strong Q2 with revenue rising 17.4% year-on-year to ₹4,581 crore. Net profit increased 19.6% to ₹561 crore, driven by $466 million in new deal wins, 66% of which were AI-led. The company's deal pipeline reached a record high.

What it affects

  • MphasiSMPHASISPositive +17

    Profit climbs on AI-led deal winsRolling sentiment Positive +47

Source

Read the original at CNBC-TV18

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