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Mastek reports 18% fall in Q4 consolidated net profit

19 Apr 2023 Evaluate

Mastek has reported results for fourth quarter (Q4) and year ended March 31, 2023.

Mastek has reported over 2-fold jump in its net profit at Rs 52.11 crore for the quarter under review as compared to Rs 20.06 crore for the same quarter in the previous year. Total income of the company increased by 19.49% at Rs 117.97 crore for Q4FY23 as compared to Rs 98.73 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported fall of 17.73% in its net profit at Rs 72.59 crore for fourth quarter ended March 31, 2023 as compared to Rs 88.23 crore for the same quarter in the previous year. However, total income of the company increased by 18.23% at Rs 708.77 crore for Q4FY23 as compared to Rs 599.46 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported rise of 71.37% in its net profit at Rs 132.14 crore as compared to Rs 77.11 crore for the previous year. Total income of the company increased by 17.11% at Rs 386.76 crore for year under review as compared to Rs 330.24 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 6.94% fall in its net profit at Rs 310.27 crore as compared to Rs 333.42 crore for the previous year. However, total income of the company increased by 17.20% at Rs 2,601.68 crore for year under review as compared to Rs 2,219.92 crore for year ended March 31, 2022.

Mastek Share Price

1683.00 -4.40 (-0.26%)
08-May-2026 16:59 View Price Chart
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