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Mastek reports 19% rise in Q3 consolidated net profit

20 Jan 2022 Evaluate

Mastek has reported results for third quarter ended December 31, 2021.

The company has reported a fall of 6.39% in its net profit at Rs 15.52 crore for the quarter under review as compared to Rs 16.58 crore for the same quarter in the previous year. However, total income of the company increased by 15.76% at Rs 76.08 crore for Q3FY22 as compared Rs 65.72 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 18.69% in its net profit at Rs 83.45 crore for the quarter under review as compared to Rs 70.31 crore for the same quarter in the previous year. Total income of the company increased by 24.82% at Rs 557.65 crore for Q3FY22 as compared Rs 446.76 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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