Mastek Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue shows a steady growth trajectory, reaching ₹867.39 crore in Q2 FY24, up from ₹765.54 crore in Q1 FY23.
Net profit surged to ₹128.65 crore in Q2 FY24, indicating strong operational performance compared to previous quarters.
Operating profit margin improved, reflecting better cost management despite rising expenses.

NEGATIVES

Profit declined from ₹94.41 crore in Q3 FY23 to ₹71.50 crore in Q4 FY23, highlighting potential operational challenges.
Expenses increased significantly, impacting net profitability and squeezing margins in recent quarters.
Other income fluctuated, with a sharp drop in exceptional items in Q2 FY24, raising concerns about revenue diversification.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25
Revenue	725.25	765.54	784.27	779.73	812.89	867.39	869.53	905.42	914.70	940.37
Expenses	601.59	642.50	650.74	654.62	688.95	724.28	728.88	766.67	777.38	794.86
Operating Profit	123.66	123.04	133.53	125.11	123.94	143.11	140.65	138.75	137.32	145.51
Other Income	5.69	4.83	3.37	5.45	4.19	5.04	9.47	3.58	10.56	15.09
Interest	9.31	12.60	13.34	9.22	9.44	11.14	11.86	9.62	8.76	8.63
Depreciation	19.70	20.90	21.82	27.49	20.06	19.85	16.55	18.66	18.42	17.87
Profit Before Tax	100.34	90.26	101.74	93.85	98.63	128.92	125.69	105.92	120.70	134.10
Tax	26.81	24.97	24	-0.56	27.13	0.27	30.98	24.85	28.65	36.65
Net Profit	73.53	65.29	77.74	94.41	71.50	128.65	94.71	81.07	92.05	97.45
Eps in Rs	22.95	20.52	24.57	29.94	23.18	41.69	30.68	26.24	29.75	31.48