
Mphasis

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About Mphasis

Mphasis’ purpose is to be the “Driver in Driverless Car” for Global Enterprises by applying next-generation design, architecture and engineering services, to deliver scalable and sustainable software and technology solutions. Customer centricity is foundational to Mphasis and is reflected in the Mphasis’Front2BackTM Transformation approach. Front2BackTM uses the exponential power of cloud and cognitive to provide hyper-personalized (C=X2C2TM=1) digital experience to clients and their end customers. Mphasis’ Service Transformation approach helps ‘shrink the core’ through the application of digital technologies across legacy environments within an enterprise, enabling businesses to stay ahead in a changing world. Mphasis’ core reference architectures and tools, speed and innovation with domain expertise and specialization, combined with an integrated sustainability and purpose-led approach across its operations and solutions are key to building strong relationships with marquee clients.
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![]() | ![]() Change Company | ![]() Change Company | ![]() Change Company | |
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Overall Rating | 3.3/5 based on 9.3k reviews | 3.6/5 based on 7.9k reviews | 3.7/5 based on 23.3k reviews | 3.6/5 based on 11k reviews |
Highly Rated for | ![]() No highly rated category | Job security | ![]() No highly rated category | Work-life balance |
Critically Rated for | Promotions Salary Work satisfaction | Promotions Salary Skill development | Promotions Salary | Promotions Salary |
Primary Work Policy | Hybrid 52% employees reported | Hybrid 62% employees reported | Hybrid 86% employees reported | Permanent work from home 69% employees reported |
Rating by Women Employees | 3.5 Good rated by 2.6k women | 3.6 Good rated by 2k women | 3.7 Good rated by 6.1k women | 3.7 Good rated by 3.2k women |
Rating by Men Employees | 3.3 Average rated by 6.3k men | 3.6 Good rated by 5.6k men | 3.7 Good rated by 16.3k men | 3.6 Good rated by 7.3k men |
Job security | 3.4 Average | 3.9 Good | 3.6 Good | 3.5 Good |
Mphasis Salaries
Software Engineer

Senior Software Engineer

Associate Software Engineer

Module Lead

Transaction Processing Officer

Delivery Module Lead

Softwaretest Engineer

Software Developer

Senior Transaction Processing Officer

Project Lead

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Mphasis News
Mphasis Confident Of Achieving 14.75%-15.75% Ebit Margin In FY26 Backed By AI-Led Deals
- Mphasis aims to achieve an Ebit margin of 14.75% to 15.75% in FY26 primarily driven by AI-led deals.
- The company reported its highest Total Contract Value wins of $760 million in Q1FY26, with 68% from AI-driven contracts.
- Enterprises are increasingly focusing on AI strategies to gain efficiency and cost savings, moving away from blanket IT budgets.
- Mphasis is bundling AI into its offerings, emphasizing the importance of technical skills and innovative solutions in the evolving AI market.

Mphasis Invests in Aokah to Boost AI-Powered GCC Solutions
- IT services firm Mphasis has invested in Aokah, a platform-as-a-service company, to enhance AI-powered GCC solutions.
- Mphasis acquired a 26% preferred equity stake in Aokah through its subsidiary, Mphasis Corporation, USA.
- The partnership aims to offer AI-driven solutions supporting the full global operations and GCCs lifecycle.
- The collaboration seeks to help enterprises build high-performing GCCs that drive innovation, resilience, and lasting impact.

Q1 Results Live: Nestle's Profit Misses Estimates; ACC, Bajaj Finance, Canara Bank Earnings In Focus
- Nestle India's Q1 profit misses estimates with revenue up 5.9% but Ebitda down 1.3% and profit down by 11.7%.
- 27 companies, including Bajaj Finance, Canara Bank, and ACC, report Q1 results on July 24, with Nestle leading the announcements.
- Nestle India's shares decline by 5.19% after announcing its Q1 earnings for the financial year 2026.
- Various companies like Coromandel International, Mphasis, and SBI Life Insurance Co are also reporting their June quarter financials on July 24.

Cloud Consulting Companies in the USA
- Cloud consulting firms in the USA drive digital transformation and enhance business operations.
- Leading companies like A-listware, TechAhead, and Veritis offer tailored cloud solutions.
- Companies like Deloitte, IBM, and Mphasis focus on scalable cloud technologies for clients.
- Specialized firms cater to healthcare, simplify IT operations, and prioritize data analytics.
- Choosing the right cloud consulting partner is crucial for successful digital transformation.

Citi Hikes Target Price For Infosys, TCS, Wipro And Other IT Companies — Check Upside
- Citi has revised target prices for various IT companies following a positive outlook and sector re-rating.
- The Nifty IT has shown strong performance recently, reflecting investor confidence and market positivity.
- Major IT companies like Oracle, Persistent Systems, Tech Mahindra, Mphasis, and LTIMindtree have seen significant gains.
- Specific target price revisions include Indegene Ltd., Mphasis Ltd., L&T Technology Services Ltd., LTIMindtree Ltd., Tech Mahindra Ltd., HCL Technologies Ltd., TCS Ltd., Wipro Ltd., Infosys Ltd., Persistent Systems Ltd., and Coforge Ltd.
- Citi maintained 'sell', 'neutral', or 'buy' recommendations for the mentioned companies despite target price adjustments.
- The recent sector re-rating led to the upward revision of target prices, reflecting improved operational parameters and market conditions.

Stock Market Today: All You Need To Know Going Into Trade On June 6
- The NSE Nifty 50 gained 0.53% to settle at 24,750.9, while the BSE Sensex rose 0.55% to close at 81,442.04.
- Asian equities were positioned for declines on Friday, following Wall Street's losses, with futures for Japanese and Australian stock indexes falling.
- India's benchmark equity indices closed higher for the second straight session on Thursday, with the NSE Nifty 50 ending 0.53% higher at 24,750 and the BSE Sensex closing 0.55% up at 81,442.
- Policy makers are expected to continue cutting the key repo rate for the third straight meeting, with the benchmark lending rate expected to come down by another 25 basis points to 5.75%.
- In the US market, stocks declined alongside Treasuries as a public dispute between President Donald Trump and Elon Musk affected Tesla Inc., with the Nasdaq 100 falling nearly 1%.
- Stocks to watch include Bajaj Finserv, Ashok Leyland, Ireda, JSW Energy, Coal India, Life Insurance Corp, Praj Industries, Power Grid Corp, Ceat, Mphasis, and Tejas Networks.
- Brokerage calls highlighted JPMorgan's outlook on Marico, Morgan Stanley's view on Ashok Leyland, and CLSA's expectations regarding India Property and rate cuts.
- Trading tweaks included changes in price bands for various companies, insider trades, bulk deals, and F&O cues like Nifty June Futures performance and open interests.
- Currency and bond updates revealed that the Indian rupee closed stronger against the US dollar, and the yield on the benchmark 10-year government bond remained flat.
- Overall, the stock market today showed mixed sentiments influenced by global and domestic factors, with various stocks, sectors, and market indicators in focus.

Mphasis launches Centre of Excellence for financial services in Argentina
- Mphasis has launched a Centre of Excellence for financial services in Argentina.
- The company aims to onboard 200 technology experts by the end of the year and leverage the AI-powered CoE for North America operations.
- Nitin Rakesh, CEO of Mphasis, expressed excitement about the expansion in Argentina to serve both local and global clients.
- Mphasis plans to hire expertise in cloud, AI, and automation to support the local market and North American clients.

Nifty IT Outperforms Nifty 50 Following Positive Sentiments From Nvidia Earning
- Nifty IT outperformed Nifty 50 due to positive sentiments from Nvidia's strong earnings report.
- Nvidia reported better-than-expected earnings and revenue, with a significant boost in market sentiment.
- Among Nifty IT stocks, LTIMindtree Ltd. led the surge with a 3.48% increase, followed by Persistent Systems Ltd. with a 2.53% rise.
- Other Nifty IT stocks like Infosys, Mphasis, Coforge Ltd., Wipro Ltd., Tech Mahindra, HCL Technologies Ltd., and Tata Consultancy Services Ltd. also experienced positive movement.

Indian IT’s AI Revenue is Still 2–3 Years Away
- Indian IT firms are experiencing delays in realizing revenue impact from AI initiatives, with unclear reporting and minimal results.
- Investments in GenAI by companies like HCLTech have not yet translated into significant revenue, focusing more on skills development and use case creation.
- Sonata Software aims for AI to contribute 20% of revenue in three years, with ongoing AI projects but limited immediate impact on offerings.
- WNS and Happiest Minds are also investing in AI, with the latter transparently reporting 2.1% revenue from its GenAI unit.
- Some mid-sized firms like WNS are leveraging AI for long-term value creation, with plans for significant future revenue impact.
- Persistent Systems and Hexaware are witnessing strong revenue growth, attributing a portion of it to AI investments.
- LTIMindtree is integrating AI across services to drive growth, with CEO confident in a significant AI component in future revenues.
- Mphasis and EXL are seeing positive results from AI-led deals, showcasing the increasing importance of AI in their business strategies.
- Coforge secured a significant AI deal with Sabre, indicating a strategic emphasis on AI for future growth in the IT services sector.
- Indian IT firms are embracing AI for long-term success, with a focus on AI becoming fundamental to service offerings in the future.
- However, the realization of substantial revenue from generative AI is projected to take 2-3 more years, highlighting a slower-than-expected uptake.

How CEO Stability is Paying Off for Mid-Size Indian IT
- Mid-size Indian IT firms are outperforming larger firms due to CEO stability and experience.
- CEOs of mid-sized firms like Persistent Systems, Hexaware, Mphasis, and Coforge have been driving growth with deep leadership experience.
- In contrast, bigger IT giants such as TCS, Infosys, and Wipro, with new CEOs, have seen slimmer order books and slower growth.
- Smaller firms are embracing change faster and showing quicker revenue surges compared to larger counterparts.
- Coforge's CEO Sudhir Singh led the company to significant growth, securing a $1.56 billion deal with Sabre.
- Persistent Systems' CEO Sandeep Kalra's strategy of focusing on regulated verticals led to continuous revenue growth, aiming for $2 billion annual revenue by FY27.
- Hexaware's AI-driven approach, under CEO Srikrishna Ramakarthikeyan, facilitated revenue growth, with three clients contributing over $75 million each.
- Mphasis, under CEO Nitin Rakesh, reported a strong quarter with revenue and deal wins driven by AI-led initiatives.
- Mid-size firm CEOs with stable leadership have shown success in securing deals and order bookings, while larger companies are still navigating challenges.
- While big IT companies are yet to fully capitalize on areas like GenAI, mid-size firms are demonstrating hunger and focus in closing new deals.


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