Mphasis says FY23 will be another industry-leading growth year

Mphasis Ltd. expects FY23 to be “another industry-leading growth year” for its direct business based on the strength of its order book.

A strong order book pipeline along with the company’s flexibility to adapt to any situation will lead to another strong year, Mphasis CEO Nitin Rakesh and CFO Manish Dugar told BloombergQuints Niraj Shah in a interview.

Although management anticipates some concerns with mismatch between demand and supply, geopolitical tensions and a weaker macro environment, the duo expects the company to continue to deliver growth in this fiscal policy.

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