Mphasis will hold a meeting of the Board of Directors of the Company on 23 January 2025.Powered by Capital Market - Live

Mphasis announced the inauguration of its new Cyber Fusion Center in Bangalore, India. This cuttingedge facility is designed to offer 24x7 advanced threat detection, incident response, and continuous threat monitoring for global clients across industries, helping organizations navigate the increasingly complex landscape of cybersecurity. The Bangalore Center is a strategic addition to Mphasis' Cyber Fusion Centers, which focuses on leveraging Artificial Intelligence (AI), machine learning (ML), and automation to detect, analyze, and mitigate evolving cyber threats in realtime. By implementing advanced threat management practices, including breach and attack simulations, threat hunting, and forensic analysis, the cyber fusion center will enhance organizations' ability to identify and respond to security incidents with unmatched precision and speed. Mphasis' cyber fusion center is designed to improve cyber threat response efficiency by over 60% and accelerate responses to supply chain breaches by more than 50%. Through this state-of-the-art facility, Mphasis focuses on reducing the attack surface by 45% via advanced features such as breach simulation, leaked credential protection, attack surface monitoring, supply chain risk monitoring, and phishing detection and remediation. This comprehensive approach empowers organizations to proactively defend against an evolving array of threats while optimizing their operational resilience. With the rapid adoption of AI in cybersecurity, Mphasis is poised to drive transformative outcomes in threat management. The new cyber fusion center offers 100% visibility of threat landscapes across IT and operational technology (OT) platforms, addressing common challenges such as mutable threats, insider risk exposure, and the growing complexity of security incidents. Powered by Capital Market - Live

Mphasis has approved the allotment of 37,722 and 93,663 Equity shares against exercise of Employee Stock Options (ESOPs) and Restricted Stock Units (RSUs) under Employee Stock Options Plan 2016 (ESOP 2016) and Restricted Stock Units Plan 2021 (RSU Plan 2021) respectively. Powered by Capital Market - Live

Revenue from operations rose 3.32% to Rs 3,536.14 crore in Q2 FY25 as against Rs 3,422.46 crore posted in Q1 FY25. As compared with Q2 FY24, the company's net profit increased 8% while revenue grew by 7.92% in Q2 FY25. Profit before tax was at Rs 562.57 crore in quarter ended 30 September 2024 (up 4.70% QoQ and up 7.84% YoY). The company's gross revenue increased 3.1% QoQ and 7.0% YoY in Q2 FY25 on a reported basis and grew 2.4% QoQ and 5.4% YoY in constant currency. Direct revenue grew 3.2% QoQ and 7.9% YoY on a reported basis and grew 2.4% QoQ and 6.2% YoY in constant currency. In Q2 FY25, the company's new Total Contract Value (TCV) stood at $207 million in its direct segment, with 88% of this amount coming from new-generation services. Nitin Rakesh, chief executive officer, and managing director, Mphasis, said, 'Despite many ongoing challenges, the macro environment continues to trend in the right direction. We are witnessing increased AI adoption across clients to address enterprise challenges with higher efficiency and accuracy, beyond cost advantage. Savings led transformation TM thesis is core to all our deal archetypes and solutions, thus significantly enhancing service delivery and savings for clients.' Meanwhile, the company announced that its board of directors approved further investments of up to '30 million in the equity share capital of Mphasis Europe BV, a wholly owned subsidiary. The primary objective of this investment will enable Mphasis Europe BV inter alia in repayment of borrowings and the investment will be made by end of March 2025. Mphasis is an information technology (IT) solutions provider specializing in cloud and cognitive services.Powered by Capital Market - Live

The Board of Mphasis at its meeting held on 16 October 2024 has approved the investment of up to o ' 30 million in the equity share capital of Mphasis Europe BV, a wholly owned subsidiary of the Company. Powered by Capital Market - Live

Net profit of Mphasis rose 8.01% to Rs 423.33 crore in the quarter ended September 2024 as against Rs 391.95 crore during the previous quarter ended September 2023. Sales rose 7.92% to Rs 3536.15 crore in the quarter ended September 2024 as against Rs 3276.50 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales3536.153276.50 8 OPM %18.3218.18 - PBDT666.13610.64 9 PBT562.57521.66 8 NP423.33391.95 8 Powered by Capital Market - Live

Mphasis announced the election of Jan Kathleen Hier, the Company's Independent Director since December 2015, as the Chairperson of the Board, effective 1 October 2024. Hier succeeds Davinder Singh Brar, who retires effective 30 September 2024, consequent to successful completion of term, as an Independent Director, approved by the shareholders. Hier previously served as a partner at a start-up and as Executive Vice President at Charles Schwab, where she led centralized support services, including Schwab Technology Services, Operational Services, Corporate Project Management, Operational Risk Management, and Offshore Services. During her tenure at Schwab, she also held several senior leadership positions, including Chief Information Officer, Executive Vice President of Human Resources, and Head of Electronic Brokerage Technology.Powered by Capital Market - Live

Mphasis will hold a meeting of the Board of Directors of the Company on 16 October 2024.Powered by Capital Market - Live

Mphasis Ltd fell 3.84% today to trade at Rs 3055.8. The BSE Information Technology index is down 0.96% to quote at 43540.99. The index is up 3.92 % over last one month. Among the other constituents of the index, Oracle Financial Services Software Ltd decreased 2.27% and Zaggle Prepaid Ocean Services Ltd lost 1.87% on the day. The BSE Information Technology index went up 31.12 % over last one year compared to the 22.77% surge in benchmark SENSEX. Mphasis Ltd has added 2.61% over last one month compared to 3.92% gain in BSE Information Technology index and 3.18% rise in the SENSEX. On the BSE, 3368 shares were traded in the counter so far compared with average daily volumes of 19567 shares in the past one month. The stock hit a record high of Rs 3186.95 on 17 Sep 2024. The stock hit a 52-week low of Rs 2068.45 on 26 Oct 2023.Powered by Capital Market - Live

Mphasis announced the appointment of Ajay Arya as Head of Mergers & Acquisitions (M&A). Ajay will be based in New York and lead the entire process, including strategy, evaluation, deal sourcing, negotiation, diligence management and post-merger integration.Powered by Capital Market - Live