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
Disclaimer: No Business Standard Journalist was involved in creation of this content