Mphasis CEO on AI-Led Growth, BFSI Recovery & $528M Deal Wins | Nitin Rakesh | Q2 Earning | Business　 #ETNOW

Mphasis CEO Nitin Rakesh and CFO Arvind Israni discuss the company’s Q2 performance, AI-led growth, and $528 million TCV wins. Despite flat margins, Mphasis continues to invest in innovation and AI transformation while maintaining profitability.

With 70% of its deal pipeline now AI-led, Mphasis is helping global enterprises modernize their tech stack using LLMs, Copilot, and automation tools. The BFSI and insurance verticals continue to lead growth, up 15% and 25% YoY respectively.

The management also discusses forex management, wage models linked to upskilling, and a strong outlook for the second half of the fiscal year.

📊 Key Takeaways:

Flat margins due to strategic growth investments

$528M TCV, 6 large deals closed

70% of pipeline AI-led or AI-influenced

BFSI +15%, Insurance +25% YoY

Dynamic wage model tied to skills

Positive outlook for H2FY25

💬 Guests:
🧑‍💼 Nitin Rakesh, CEO – Mphasis
👨‍💼 Arvind Israni, CFO – Mphasis

#mphasis #nitinrakesh #aitechnology #itservices #bfsigrowth #q2results #indianeconomy

YouTube Channel – https://www.youtube.com/@ETNow

Subscribe To ET Now For Latest Updates On Stocks Market News , Business News, Company News, IPO & More | https://bit.ly/SubscribeToETNow

Subscribe Now To Our Network Channels :-
ET Now Swadesh: https://www.youtube.com/etnowswadesh
Times Now: http://goo.gl/U9ibPb

Social Media Links :-
Twitter – http://goo.gl/hA0vDt
Facebook – http://goo.gl/5Lr4mC

Website – https://ift.tt/Fkh9uAQ