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Mastek’s Q3 consolidated net profit rises Rs 7.05 crore

20 Apr 2012 Evaluate

Mastek has reported results for third quarter ended March 31, 2012

The company has reported net profit of Rs 5.56 crore for the quarter ended March 31, 2012, against net loss of Rs 3.87 crore for the corresponding period last fiscal.  However, total income increased by 13.22% at Rs 115.27 crore during the quarter under review from Rs 101.81 crore in the year-ago period.

On the consolidated basis, the company has reported net profit of Rs 7.05 crore for the quarter ended March 31, 2012, against net loss of Rs 7.12 crore for the corresponding period last fiscal. However, total income increased by 23.12% at Rs 185.19 crore during the quarter under review from Rs 150.41 crore in the year-ago period.

Peers
Company Name CMP
TCS 2354.45
Infosys 1111.00
HCL Technologies 1363.30
Wipro 173.70
Tech Mahindra 1648.70
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