Press Release

Docusign Envelope ID: F0F473AB-8764-8FBA-8248-1021FED03D55 July 23, 2026 The Manager, Listing The Manager, Listing BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, Dalal Street G-Block, Bandra-Kurla Complex, Mumbai - 400 001 Mumbai – 400 051 Scrip Code: 526299 Scrip Symbol: MPHASIS Dear Sir/Madam, Sub: Outcome of the Board Meeting Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e., Thursday, July 23, 2026, has inter alia considered and approved the audited standalone and consolidated financial results of the Company for the quarter ended June 30, 2026, and taken on record the Auditor’s Reports issued by M/s B S R & Co. LLP, Chartered Accountants, Statutory Auditors of the Company. A copy of the audited standalone and consolidated financial results, Auditor’s Reports and related Press Release are enclosed herewith. The meeting of the Board of Directors commenced at 07:00 PM (IST) and concluded at 10:20 PM (IST). The above information will also be available on the website of the Company at www.mphasis.com. We request you to kindly take the above intimation on record. Thanking You, Yours faithfully, For Mphasis Limited Mayank Verma Senior Vice President and Company Secretary Membership No.: ACS 18776 Encl: As above Docusign Envelope ID: F0F473AB-8764-8FBA-8248-1021FED03D55 Mphasis Limited Registered Office : Bagmane World Technology Center, Marathalli Outer Ring Road, Doddanakhundi Village, Mahadevapura, Bengaluru - 560 048. Telephone: 91 80 67501000, Fax: 91 80 6695 9943, Website: www.mphasis.com, E-mail: Investor.relations@mphasis.com CIN:L30007KA1992PLC025294 Amounts in million except share and per share data, unless otherwise stated Statement of Consolidated Audited Financial Results Audited Particulars Quarter ended Year ended 30 June 2026 31 March 2026 30 June 2025 31 March 2026 (refer note 10) Revenue from operations 43,840.54 42,426.68 37,324.89 1 58,796.47 Other income 828.57 1,079.17 8 09.48 3,258.90 Total income (I) 44,669.11 43,505.85 38,134.37 1 62,055.37 Expenses Employee benefits expense 24,087.40 23,076.14 21,444.89 8 9,187.10 Finance costs 485.17 773.38 4 18.23 2,040.58 Depreciation and amortization expense 1,470.55 1,527.96 1,319.22 5,552.73 Other expenses 11,801.45 11,297.96 8,851.32 3 9,775.50 Total expenses (II) 37,844.57 36,675.44 32,033.66 1 36,555.91 Profit before share of profit of equity accounted investees 6,824.54 6,830.41 6,100.71 2 5,499.46 Share of profit /(loss) of equity accounted investees, net of tax (III) 3.31 (17.24) - ( 52.04) Profit before exceptional items and tax 6,827.85 6,813.17 6,100.71 2 5,447.42 Exceptional items (IV) Impact of change in labour laws - - - 354.77 Profit before tax (V) [I-II+III-IV] 6,827.85 6,813.17 6,100.71 2 5,092.65 Tax expense Current tax 1,781.23 1,158.70 1,763.60 6,425.90 Deferred tax 151.56 558.07 (79.92) 40.73 Total tax expense 1,932.79 1,716.77 1,683.68 6,466.63 Profit for the period (A) 4,895.06 5,096.40 4,417.03 1 8,626.02 Other comprehensive income ('OCI') Items not to be reclassified to profit or loss in subsequent periods Re-measurement gains/ (losses) on defined employee benefit plans 33.22 7.20 (65.70) ( 22.72) Income tax effect on the above (8.46) (1.88) 1 6.76 6.07 Items to be reclassified to profit or loss in subsequent periods Exchange differences on translation of financial statements of foreign operations (177.67) 2,048.10 950.76 4,838.36 Net change in fair value of derivatives designated as cash flow hedges 1,470.29 (2,123.85) 1 16.32 (3,533.19) Income tax effect on fair value of derivatives designated as cash flow hedges ( 370.04) 534.53 (29.27) 889.23 Net change in fair value of investments in debt instruments carried at fair value through OCI 42.87 (51.20) 13.81 (51.10) Income tax effect on fair value of investments in debt instruments (11.07) 12.89 (3.48) 12.86 Total OCI for the period, net of tax (B) 979.14 425.79 9 99.20 2,139.51 Total comprehensive income for the period (A+B) 5,874.20 5,522.19 5,416.23 2 0,765.53 Profit for the period attributable to: Equity owners of the Company 4,895.06 5,096.40 4,417.03 1 8,626.02 Non-controlling interests - - - - 4,895.06 5,096.40 4,417.03 1 8,626.02 OCI for the period attributable to: Equity owners of the Company 979.14 425.79 9 99.20 2,139.51 Non-controlling interests - - - - 979.14 425.79 9 99.20 2,139.51 Total comprehensive income for the period attributable to: Equity owners of the Company 5,874.20 5,522.19 5,416.23 2 0,765.53 Non-controlling interests - - - - 5,874.20 5,522.19 5,416.23 2 0,765.53 Equity share capital 1,908.80 1,908.27 1,902.57 1,908.27 Other equity 111,478.83 105,528.85 100,038.17 1 05,528.85 Earnings per equity share (par value 10 per share) Basic () 25.65 26.73 2 3.22 97.82 Diluted () 25.61 26.68 2 3.14 97.54 Segment reporting OperatingsegmentsaredefinedascomponentsoftheGroupforwhichdiscretefinancialinformationisavailablethatisevaluatedregularlybythechiefoperatingdecisionmaker,indecidinghowtoallocate resources and in assessing performance. The Group’s Chief Operating Decision Maker (‘CODM’) is the Chief Executive Officer. TheGrouphasidentifiedbusinesssegmentsasreportablesegments.ThebusinesssegmentsidentifiedareBankingandFinancialServices,Logisticsandtransportation,TechnologyMediaandTelecom, Insurance, and Others. CODM does not review assets and liabilities at reportable segments level, hence segment disclosures relating to total assets and liabilities have not been provided. Quarter ended Year ended 30 June 2026 31 March 2026 30 June 2025 31 March 2026 Segment revenue Banking and Financial Services 23,547.99 23,032.86 19,679.28 8 3,786.05 Logistics and Transportation 1,879.11 2,181.53 2,170.93 8,718.76 Technology Media and Telecom 8,123.97 6,893.72 6,757.20 2 8,696.39 Insurance 6,659.29 6,791.01 5,105.00 2 3,443.81 Others 4,463.13 4,168.96 3,629.02 1 5,456.24 Unallocated - hedge (832.95) (641.40) (16.54) (1,304.78) Total segment revenue 43,840.54 42,426.68 37,324.89 1 58,796.47 Segment result * Banking and Financial Services 7,601.47 7,852.18 6,308.59 2 6,890.84 Logistics and Transportation 253.27 341.16 1 25.88 672.71 Technology Media and Telecom 2,111.63 1,168.80 1,304.54 6,152.33 Insurance 857.25 1,857.03 1,783.37 7,197.57 Others 1,802.78 1,428.49 1,271.49 5,433.45 Unallocated - hedge (832.95) (641.40) (16.54) (1,304.78) Total segment result 11,793.45 12,006.26 10,777.33 4 5,042.12 Finance costs (485.17) (773.38) (418.23) (2,040.58) Other income 828.57 1,079.17 8 09.48 3,258.90 Other unallocable expenditure ( 5,312.31) (5,481.64) (5,067.87) (20,760.98) Profit before share of profit of equity accounted investees 6,824.54 6,830.41 6,100.71 2 5,499.46 Share of profit /(loss) of equity accounted investees, net of tax 3.31 (17.24) ( 52.04) Profit before exceptional items and tax 6,827.85 6,813.17 6,100.71 2 5,447.42 Exceptional items Impact of change in labour laws - - - ( 354.77) Profit before taxation 6,827.85 6,813.17 6,100.71 2 5,092.65 * In the computation of segment results, employee benefit expenses have been considered. Computed as a % of CGU revenue, they range between 44% to 54%. Page 1 of 2 Docusign Envelope ID: F0F473AB-8764-8FBA-8248-1021FED03D55 Mphasis Limited Registered Office : Bagmane World Technology Center, Marathalli Outer Ring Road, Doddanakhundi Village, Mahadevapura, Bengaluru - 560 048. Telephone: 91 80 67501000, Fax: 91 80 6695 9943, Website: www.mphasis.com, E-mail: Investor.relations@mphasis.com CIN:L30007KA1992PLC025294 Amounts in million except share and per share data, unless otherwise stated Notes: 1Thefinancialresultshavebeenpreparedonthebasisoftheauditedcondensedconsolidatedinterimfinancialstatementsfor thequarterended30June2026,whicharepreparedinaccordancewiththeIndian Accountingstandards(IndAS)34, InterimFinancialReportingsspecifiedunderSection133oftheC [Showing first 8,000 characters — download PDF for full document]