Mastek is a company that offers business IT solutions that are vertically focused. It was founded in 1982. Mastek Ltd. has approximately 40 years of experience in the IT business and has transformed from an IT services supplier to a partner in digital transformation.
Financial Results:
- Mastek Limited reported Total Income for Q4FY23 of ₹ 708.8 Crores up from ₹ 599.5 Crore year on year, a growth of 18.2%.
- Total Expenses for Q4FY23 of ₹ 613 Crores up from ₹ 476 Crores year on year, a growth of 29%.
- Consolidated Net Profit of ₹ 72.6 Crores, down 17.7% from ₹ 88.2 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹ 23.5, down 10% from ₹ 26.1 in the same quarter of the previous year.