Mastek reports 71% rise in Q1 consolidated net profit
20th Jul 2021

Mastek has reported results for first quarter ended June 30, 2021.

The company has reported net profit of Rs 5.30 crore for the quarter under review as compared to net loss of Rs 1.90 crore for the same quarter in the previous year. Total income of the company increased by 37.33% at Rs 65.45 crore for Q1FY22 as compared Rs 47.66 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 71.41% rise in its net profit attributable to owners of Rs 69.30 crore for the quarter under review as against net profit of Rs 40.43 crore for the same quarter in the previous year. Total income of the company increased by 29.40% at Rs 521.17 crore for Q1FY22 as compared Rs 402.76 crore for the corresponding quarter previous year.