Archive · 21 Jul 2026

Mastek Reports 15% YoY Net Profit Rise

Mastek Reports 15% YoY Net Profit Rise

Mastek, a company based in Mumbai, recently shared its financial results for the first quarter of the fiscal year 2027.

The company saw a 15.3% increase in net profit compared to the same period last year, reaching ₹106.2 crore.

However, when compared to the previous quarter, revenue decreased by 4.8%, dropping to ₹938 crore.

This decline was partly due to an exceptional charge of ₹23.7 crore related to new labor laws in India.

Despite this, the company's overall performance was positive, with total income rising to ₹962 crore.

The company's earnings per share also saw a slight increase.

Mastek operates mainly in the UK, Europe, North America, and the AMEA region, with the UK and Europe contributing the most to its revenue.

Sources