Mphasis tax demand rose to INR 2,417.80 crore ahead of Mphasis stock results
Published on 10/20/2026 at 00:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRecent filings shape the setup
- Mphasis received a revised INR 2,417.80 crore tax demand on October 14, 2026.
- Revenue reached INR 43.84 billion in the first quarter of fiscal year 2027, while net income was INR 4.90 billion.
- The earnings conference call for the second quarter of fiscal year 2027 is scheduled for November 6, 2026.
- Market capitalization stood at INR 477.2 billion as of October 19, 2026.
Mphasis (ISIN INE356A01018) said on October 14, 2026 that a tax rectification order had revised its demand from INR 2,286.86 crore to INR 2,417.80 crore. StockFin reported that the order was dated October 9, 2026, and that Mphasis was evaluating legal remedies while expecting no material impact on its financial statements.
Tax order meets steady quarterly figures
The tax development is the latest filing item, but the operating figures provide the more measurable baseline for the company. Mphasis generated INR 43.84 billion of revenue and INR 4.90 billion of net income in the first quarter of fiscal year 2027. Operating cash flow was INR 3.66 billion in the same period.
The first-quarter revenue was higher than the INR 42.43 billion reported for the fourth quarter of fiscal year 2026, while net income declined from INR 5.10 billion to INR 4.90 billion. The comparison puts the tax order beside a business that continued to grow revenue sequentially but produced lower net income.
What happens before the next results?
Mphasis scheduled an investor and analyst conference call for November 6, 2026, to discuss second-quarter fiscal year 2027 results, according to StockFin. A board meeting to consider the quarter and half-year results was scheduled for November 5, 2026, according to AlphaStreet.
Three filings define the recent timeline
On October 6, 2026, Mphasis extended its partnership with Social Security Scotland under a GBP 35.4 million agreement, covering a benefits platform used by 2 million citizens, according to FinancialFilings. On October 8, 2026, it granted 325,460 stock options and 163,040 restricted stock units, according to AlphaStreet. The October 14 tax filing is the latest of the three events.
Market value sets the reference point
Mphasis was last quoted at INR 2,500.00 on the NSE on October 19, 2026 at 3:29 p.m. IST. Its market capitalization was INR 477.2 billion, with a 52-week range of INR 2,013.00 to INR 2,975.00, as of October 19, 2026. The stock therefore sat inside its annual range while the next results date moved into view.
Mphasis stock facts
- Company: Mphasis Limited
- ISIN: INE356A01018
- Ticker: MPHASIS
- Primary exchange: NSE
- Market price: INR 2,500.00 on October 19, 2026 at 3:29 p.m. IST
- Market capitalization: INR 477.2 billion as of October 19, 2026
- 52-week range: INR 2,013.00-2,975.00 as of October 19, 2026
- Sector / Industry: Information technology / IT software
- Index membership: BSE Sensex
- Next earnings date: November 6, 2026
Market context: Market report BSE Sensex.
