Mastek has reported results for the third quarter ended March 31, 2013.
The company has reported rise of 63.85% in its net profit at Rs 9.11 crore for the quarter ended March 31, 2013 as compared to Rs 5.56 crore for the same quarter in the previous year. Total income from operation of the company has increased by 17.26% at Rs 135.17 crore for quarter under review as compared to Rs 115.27 crore for the quarter ended March 31, 2012.
On consolidated basis, the group has reported a surge of 187.52% in its net profit at Rs 20.27 crore in quarter under review as compared to Rs 7.05 crore in same period previous year. Total income from operation on consolidated basis has increased 22.96% to Rs 229.51 crore as against Rs 186.65 crore in a year ago period.
Mastek is a high-end provider of vertically-focused enterprise technology solutions and platforms that unleash the optimum potential of its clients' business. Its vertical focus includes insurance (Life, Pensions and General), Government/Public Sector, and Financial Services sectors.
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