Overview
Mphasis reported consolidated FY2026 revenue of ₹15,880 crore, up 11.6% from ₹14,230 crore a year earlier[11]. The company positions itself as a cloud and cognitive services provider[11]. Its ownership history is unusual among Indian IT firms: Electronic Data Systems (EDS) acquired Mphasis in June 2006, the holding later sat with HP, and Blackstone acquired HP’s stake and continues as the promoter[11]. FY2026 net profit was ₹1,863 crore on the same compiled basis[11]. It ranks 8th of the 50 companies here, behind Coforge, with revenue equal to 5.9% of that of TCS. Its year-on-year revenue change ranks 25th of the 47 companies for which a prior-year figure was available.
Appears in
- Top 50 IT Outsourcing Companies in India: 2026 Edition #8
- Top 50 Software Development Companies: 2026 Edition #18
Mphasis alternatives and competitors
Alternatives to Mphasis: companies ranked in the same lists.
- Tata Consultancy Services (TCS)
- L&T Technology Services
Infosys- Tata Elxsi
- Birlasoft
- Zensar Technologies
KPIT Technologies
Happiest Minds Technologies
Hexaware Technologies
Wipro- Persistent Systems
Coforge
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