Mphasis Shares Slide 3.6% Amid Market Jitters and Sector Headwinds

Mphasis Ltd (MPHASIS MBFL.NS) shares fell by 3.6% in recent trading, continuing a trend influenced by broader IT sector volatility and cautious investor outlook. Despite reporting a slight revenue increase of 0.6% quarter-on-quarter to ₹3,732 crore in Q1FY26, the company’s profitability saw a marginal dip with a PAT of ₹442 crore compared to ₹446 crore in the previous quarter. This mixed financial performance has contributed to subdued market sentiment.

 

Key Highlights:

Mphasis remains focused on navigating the challenges while exploring growth avenues, but market participants will closely monitor upcoming earnings and sector developments.

 

Sources: Economic Times, Equitymaster, MarketsMojo, Moneycontrol, NSE India