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Mastek reports 5% rise in Q1 consolidated net profit

21 Jul 2022 Evaluate

Mastek has reported results for first quarter ended June 30, 2022.

The company has reported net loss of Rs 0.13 crore for the quarter under review as compared to net profit Rs 7.41 crore for the same quarter in the previous year. However, total income of the company increased by 12.91% at Rs 73.90 crore for Q1FY23 as compared Rs 65.45 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 5.17% in its net profit at Rs 84.36 crore for the quarter under review as compared to Rs 80.21 crore for the same quarter in the previous year. Total income of the company increased by 14.36% at Rs 596.01 crore for Q1FY23 as compared Rs 521.17 crore for the corresponding quarter previous year.

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Company Name CMP
TCS 2083.95
Infosys 1000.95
HCL Technologies 1259.40
Wipro 164.15
Tech Mahindra 1547.00
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