Mphasis Ltd

The patent highlights a groundbreaking approach to enhance the scalability and performance of quantum machine learning (QML) on near-term quantum computing platforms, including quantum simulators. This solution transforms high-dimensional classical input data into an enhanced feature space in quantum format. The feature space transformation ensures efficient mapping and preparation for quantum state loading, paving the way for improved quantum data processing and analysis. The optimal representation method for classical data on quantum systems minimizes the need for additional qubits for higher-dimensional data, handles large feature sets and high volumes of data, and ensures efficient convergence during quantum machine learning (QML) model training. QML leverages its ability to process high-dimensional, complex data, delivering solutions beyond the reach of classical high performance computing hardware. Srikumar Ramanathan, chief solutions officer, Mphasis, said, 'Quantum Machine Learning (QML) is emerging as a transformative paradigm, enabling academia and industry to solve real-world AI challenges with unprecedented efficiency. This technology and the associated patent stand as a testament to our commitment to innovation and the advancement of next-generation technologies.' Mphasis is a leading Information Technology (IT) solutions provider specialising in cloud and cognitive services. The company's consolidated net profit jumped 1.06% to Rs 427.81 crore in Q3 FY25 as compared with Rs 423.33 crore in Q2 FY25. Net sales marginally increased to Rs 3,561.34 crore in Q3 FY25, up 0.71%, as compared with to Rs 3,536.15 crore in Q2 FY25 The counter declined 2.25% to Rs 2,120.65 on the BSE.Powered by Capital Market - Live

Mphasis announced the award of a U.S. patent on 'System and method for optimized processing of information on quantum systems'. The newly issued patent outlines a pipeline to improve the scalability and performance of quantum machine learning (QML) on near-term quantum computing systems including quantum simulators. This solution transforms high-dimensional classical input data into an enhanced feature space in quantum format. The feature space transformation ensures efficient mapping and preparation for quantum state loading, paving the way for improved quantum data processing and analysis. The optimal representation method for classical data on quantum systems minimizes the need for additional qubits for higher-dimensional data, handles large feature sets and high volumes of data, and ensures efficient convergence during quantum machine learning (QML) model training. QML leverages its ability to process high-dimensional, complex data, delivering solutions beyond the reach of classical high performance computing hardware. 'Quantum Machine Learning (QML) is emerging as a transformative paradigm, enabling academia and industry to solve real-world AI challenges with unprecedented efficiency. This technology and the associated patent stand as a testament to our commitment to innovation and the advancement of next-generation technologies,' said Srikumar Ramanathan, Chief Solutions Officer, Mphasis.Powered by Capital Market - Live

Mphasis Ltd lost 3.99% today to trade at Rs 2083. The BSE Information Technology index is down 2.02% to quote at 32017.46. The index is down 13.47 % over last one month. Among the other constituents of the index, Wipro Ltd decreased 3.11% and Tanla Platforms Ltd lost 2.22% on the day. The BSE Information Technology index went down 10.81 % over last one year compared to the 1.05% fall in benchmark SENSEX. Mphasis Ltd has lost 7.99% over last one month compared to 13.47% fall in BSE Information Technology index and 0.29% drop in the SENSEX. On the BSE, 935 shares were traded in the counter so far compared with average daily volumes of 8721 shares in the past one month. The stock hit a record high of Rs 3239.55 on 12 Dec 2024. The stock hit a 52-week low of Rs 2025.05 on 07 Apr 2025.Powered by Capital Market - Live

Mphasis will hold a meeting of the Board of Directors of the Company on 24 April 2025.Powered by Capital Market - Live

Mphasis has allotted 99,115 equity shares under ESOP on 13 March 2025. Powered by Capital Market - Live

Mphasis announced a strategic partnership with SecPod a SaaS-based cybersecurity products and technology company. As a part of this partnership, Mphasis will offer disruptive vulnerability management services for its clients through SecPod's SanerNow CVEM platform. Through this partnership, Mphasis aims to help enterprises overcome challenges such as delayed risk identification, an increasing backlog of remediation, and inefficiencies caused by siloed products in vulnerability management. Leveraging SanerNow's CVEM approach, Mphasis will enable its clients to consolidate multiple-point solutions into a unified, integrated solution. This solution continuously scans, detects, prioritizes, normalizes, and patches vulnerabilities, ensures compliance with regulatory requirements, prevents cyber-attacks, and keeps organizations audit-ready at all times. This partnership driven through our Sparkle innovation ecosystem, will accelerate the adoption of SanerNow's Continuous Vulnerability & Exposure Management (CVEM) capabilities and integrate its services to enhance delivery capabilities, improve SLAs, reduce time-to-market, and offer integrated vulnerability management solutions. Powered by Capital Market - Live

Mphasis Ltd is down for a fifth straight session today. The stock is quoting at Rs 2239.9, down 5.74% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.84% on the day, quoting at 22131.1. The Sensex is at 73233.39, down 1.85%.Mphasis Ltd has lost around 25.57% in last one month.Meanwhile, Nifty IT index of which Mphasis Ltd is a constituent, has eased around 12.81% in last one month and is currently quoting at 38946.65, down 3.92% on the day. The volume in the stock stood at 6.45 lakh shares today, compared to the daily average of 4.47 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 2252.5, down 5.78% on the day. Mphasis Ltd tumbled 14.42% in last one year as compared to a 0.67% rally in NIFTY and a 0.8% fall in the Nifty IT index.The PE of the stock is 30.91 based on TTM earnings ending December 24.Powered by Capital Market - Live

Mphasis Ltd is down for a fifth straight session today. The stock is quoting at Rs 2547.65, down 2.09% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.87% on the day, quoting at 22830.85. The Sensex is at 75660.79, down 0.63%.Mphasis Ltd has lost around 8.35% in last one month.Meanwhile, Nifty IT index of which Mphasis Ltd is a constituent, has eased around 5.13% in last one month and is currently quoting at 41315.55, down 0.34% on the day. The volume in the stock stood at 2.84 lakh shares today, compared to the daily average of 7.04 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 2560, down 1.88% on the day. Mphasis Ltd tumbled 5.94% in last one year as compared to a 4.2% rally in NIFTY and a 8.36% spurt in the Nifty IT index.The PE of the stock is 33.78 based on TTM earnings ending December 24.Powered by Capital Market - Live

Mphasis has allotted 278,778 equity shares under ESOP and 103 equity shares under RSU on 27 January 2025. Powered by Capital Market - Live

Mphasis Ltd gained for a third straight session today. The stock is quoting at Rs 3049.45, up 4.47% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 23218.95. The Sensex is at 76588.11, up 0.09%. Mphasis Ltd has risen around 4.85% in last one month. Meanwhile, Nifty IT index of which Mphasis Ltd is a constituent, has risen around 0.16% in last one month and is currently quoting at 43351.75, up 0.88% on the day. The volume in the stock stood at 28.28 lakh shares today, compared to the daily average of 4.56 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 3076, up 5.02% on the day. Mphasis Ltd is up 20.89% in last one year as compared to a 8.74% spurt in NIFTY and a 19.83% spurt in the Nifty IT index.The PE of the stock is 37.25 based on TTM earnings ending September 24.Powered by Capital Market - Live