Mid-tier information technology (IT) services company Mphasis Ltd has entered the new financial year with a solid deal pipeline. In Q1FY22, Mphasis won its largest deal ever of $250 million, which is likely to generate revenue from Q2FY22. View Full Image Robust pipelineA strong deal pipeline compensates for its muted March quarter earnings performance, said analysts. In the backdrop of the strong deal win momentum in this segment, analysts said it is achievable. According to analysts at Kotak Institutional Equities, the company’s improved business strength and strong execution in the direct business are positives.

Source: Mint May 18, 2021 17:29 UTC