Business · India Bureau
Mphasis targets double-digit growth in FY27 amid AI surge
IT services firm Mphasis expects low double-digit revenue growth in the fiscal year ending March 2027, buoyed by robust deal activity and accelerating demand for artificial intelligence solutions. The outlook comes despite headwinds from macroeconomic uncertainty affecting conventional IT spending.
LSN India ·
Mphasis, a mid-sized Indian IT services provider, has signalled confident growth prospects for FY27, citing a strengthening order book and rising client interest in AI-driven transformation initiatives. The company's projections reflect its ability to capitalize on the sector's structural shift toward intelligent automation and machine learning applications, even as global economic conditions remain unpredictable.
The pipeline of large contracts provides a foundation for sustained expansion, according to company expectations. Traditional IT outsourcing services continue to face margin pressure from macroeconomic uncertainty and cautious client spending, yet emerging AI and digital services are generating fresh revenue streams and offsetting headwinds in legacy business segments.
Mphasis's growth trajectory positions it among India's IT services firms attempting to balance declining demand in conventional services with opportunities in next-generation technologies. The emphasis on AI capabilities reflects industry-wide efforts to help enterprises modernize operations and improve efficiency through intelligent systems.
The low double-digit growth target, while more modest than historical rates, suggests a realistic assessment of near-term market conditions. Mphasis joins peers in acknowledging a bifurcated market landscape where traditional IT services face pressure while AI-enabled solutions command premium valuations and higher growth potential.