Mphasis was formed in June 2000 after the merger of the US-based IT consulting company Mphasis Corporation (founded in 1998 in Santa Monica by Jerry Rao [8] and Jeroen Tas. [9]) and the Indian IT services company BFL Software Limited (founded in 1992). Mphasis said it expects industry growth to be more than 2x, on the back of its performance in the first half of this fiscal and also the steady conversion of strong total contract value (TCV) wins to revenue. It has targeted operating EBIT margin to be between the 14.75% - 15.75% band. Mphasis | 1,478,348 followers on LinkedIn. A leading applied technology services company, we innovate to deliver service excellence and successful outcomes across sales, delivery and development. With our strategy to be agile, nimble and customer-centric, we anticipate the future of applied technology and predict tomorrow’s trends to keep our clients at the summit in an ever-changing marketplace. Leading with architecture and design, our next-gen solutions enable enterprises to accelerate ... Mphasis | News & EventsOctober 27 2025 Coverage report_ Mphasis Launches NeoIP™, a unified AI Platform for continuous Enterprise Transformation