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Mastek reports 44% rise in Q3 consolidated net profit

17 Jan 2019 Evaluate

Mastek has reported results for third quarter ended December 31, 2018.

The company has reported a rise of 97.82% in its net profit at Rs 12.70 crore for the quarter under review as compared to Rs 6.42 crore for the same quarter in the previous year. Total income of the company increased by 22.00% at Rs 61.78 crore for Q3FY19 as compared Rs 50.64 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 43.90% in its net profit at Rs 26.52 crore for the quarter under review as compared to Rs 18.43 crore for the same quarter in the previous year. Total income of the company increased by 25.86% at Rs 271.02 crore for Q3FY19 as compared Rs 215.33 crore for the corresponding quarter previous year.

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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