Mphasis eyes 2x industry growth in FY26 backed by record deal wins

Mphasis is targeting growth at twice the industry rate, driven by a record $760 million in Q1 deal wins and a strong AI-led pipeline. CEO Nitin Rakesh told CNBC-TV18 that 68% of the company’s pipeline is AI-related, while CFO Aravind Viswanathan confirmed margins remained stable at 15.3% despite ongoing investments. The company sees both applied AI and large deal momentum as key growth levers.

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