Mphasis Share Price in Focus After Clarification on FedEx Business Ties

IT services firm Mphasis clarified that it continues to serve FedEx, following a news report suggesting that the company was losing its long-time client. Based on the Mint report claimed that FedEx selected Accenture for its IT services and would soon end its $130 million business arrangement with Mphasis, which contributed about 8% to its FY24 revenue.

Mphasis Calls Report 'Speculative'

Mphasis responded to the stock exchanges, saying it does not comment on speculative articles or client contracts. However, it confirmed that it remains a part of the FedEx service ecosystem. The company assured investors that its previously shared outlook and business assessment still hold.

Mphasis Share Price 

As of 11:57 AM IST on June 3, Mphasis share price is trading at ₹2,507.90, up ₹16.80 or 0.67% for the day. The stock opened at ₹2,520.00 and has touched an intraday high of ₹2,533.70 and a low of ₹2,480.70. Mphasis has a market capitalisation of ₹47,710 crore, a price-to-earnings (P/E) ratio of 28.07, and offers a dividend yield of 2.27%. The stock has a 52-week high of ₹3,237.95 and a 52-week low of ₹2,044.55.

Financial Highlights 

Mphasis reported a 13.6% YoY rise in net profit to ₹446.5 crore for Q4 FY25, driven by better margins and strong BFSI revenue. Revenue grew 8.7% to ₹3,710 crore from ₹3,412 crore in Q4 FY24. Operating margin stood at 15.3%, up from 14.9% a year ago. 

Read More, Inox Wind Share Price Drops for the 2nd Day on June 3; Know the Reason Behind the Fall. 

Possible Headwinds in FY26

Despite recent wins, management warned that second-order effects in BFSI could slow growth in the second half of FY26.

Conclusion

While Mphasis has reassured investors about its ongoing relationship with FedEx and posted strong Q4 results, uncertainties remain around the BFSI sector outlook. Continued monitoring of client dynamics and deal momentum will be crucial for assessing the company’s performance in FY26.

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