Mphasis shares jump 8% after Q2 constant-currency revenue growth
In short
Mphasis reported constant-currency revenue growth of 3.3% from the previous quarter and 9.7% from a year earlier. The company said this was its highest sequential constant-currency revenue growth in several years.
Its shares jumped 8% after the results. Investors also heard that FY27 revenue growth is expected at the upper end of guidance.
What the reporting says
Mphasis reported a 3.3% quarter-on-quarter rise in constant-currency revenue and 9.7% growth year on year, and said it posted its highest sequential constant-currency revenue growth in several years. CNBC TV18 said the shares jumped 8% after the Q2 results, while the company also indicated FY27 revenue growth at the upper end of guidance. The data supported a stronger outlook for the stock.
Why it matters
Mphasis reported 3.3% quarter-on-quarter constant-currency revenue growth and 9.7% year-on-year growth, which the company said was its strongest sequential performance in several years. The stock rose 8% after the Q2 results, and the company said FY27 revenue growth is expected at the upper end of guidance. The combination points to improved operating momentum and a stronger investor response.