New Delhi, Jan. 27 -- Mphasis Ltd's management is brimming with confidence. As the tier-two company navigates the March quarter (Q4FY25), it is eyeing its best sequential growth in 12 quarters. This optimism is driven by improved revenue conversion and robust deal wins, with the management of expecting FY25 growth to surpass industry average.

In the December quarter (Q3FY25), the total contract value (TCV) of new deal wins surged to a six-quarter high of $351 million. It bagged five large deals in Q3FY25, bringing the total large deal wins in 9MFY25 to 11. It also won a multi-year large deal of $100 million in January with a new BFS client. This deal will be executed over calendar year 2025.

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