Home / Technology / India’s Mphasis meets third-quarter revenue estimates as banks resume tech spending

India’s Mphasis meets third-quarter revenue estimates as banks resume tech spending

Indian information technology company Mphasis reported third-quarter revenue in line with estimates on Thursday, with banking and financial services clients resuming spending on technology amid better macroeconomic and policy clarity.

Consolidated revenue for the quarter ended December 31 rose 12.3% to 40.03 billion rupees ($436.98 million), close to analysts’ average estimate of 40.08 billion rupees, according to data compiled by LSEG.
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Source: Reuters | Published: 2026-01-22T12:27:14Z

Credit: Reuters

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