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Mastek Ltd Q3FY24; 16% rise in Profits

Established in 1982, Mastek is a provider of vertically-focused enterprise technology solutions. Having its presence in IT industry for almost 4 decades, Mastek Ltd has evolved from an IT solutions provider to Digital transformation partner.

Financial Results:

Mastek Ltd reported Revenues for Q3FY24 of ₹784.00 Crores up from ₹659.00 Crore year on year, a rise of 18.97%.

Total Expenses for Q3FY24 of ₹686.00 Crores up from ₹573.00 Crores year on year, a rise of 19.72%.

Consolidated Net Profit of ₹78.00 Crores up 16.42% from ₹67.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹24.56, up 15.14% from ₹21.33 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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