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Large contracts in pipeline, deal win trend intact in medium term: Mphasis

Mphasis has a reasonable proportion of large contracts in its pipeline and expects its current trend of new deal wins to continue over the medium term, a top company official said

Mphasis
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Indian IT solutions provider Mphasis has a reasonable proportion of large contracts in its pipeline and expects its current trend of new deal wins to continue over the medium term, despite macro headwinds, a top company official said on Friday.
 
The Bengaluru-based company said it won new deals worth $302 million, including two large deals worth $110 million, in the second quarter ended Sept. 30.
 
While the growth was flat with the first quarter, it was an improvement from the roughly 13% sequential drop in new contract value won in the first quarter.
 
"We have seen customer conversations remain healthy

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First Published: Oct 21 2022 | 2:01 PM IST

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