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Mastek reports 20% fall in Q3 consolidated net profit

17 Jan 2023 Evaluate

Mastek has reported results for third quarter ended December 31, 2022.

The company has reported rise of 22.94% in its net profit at Rs 19.08 crore for Q3FY23 as compared to Rs 15.52 crore for the corresponding quarter previous year. Total income of the company increased by 13.96% to Rs 86.70 crore for the quarter as compared to Rs 76.08 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported fall of 19.57% in its net profit at Rs 67.12 crore for Q3FY23 as compared to Rs 83.45 crore for the same quarter in the previous year. However, total income of the company increased by 19.19% to Rs 664.69 crore for the quarter under review as compared to Rs 557.65 crore for the same quarter in the previous year.

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