Mastek Ltd.

Mastek has reported results for first quarter ended June 30, 2020.

The company has reported net loss of Rs 1.90 crore for the quarter under review as against net profit of Rs 3.09 crore for the same quarter in the previous year. Total income of the company decreased 1.02% at Rs 47.66 crore for Q1FY21 as compared Rs 48.15 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 66.93% rise in its net profit attributable to owners at Rs 40.43 crore for the quarter under review as against Rs 24.22 crore for the same quarter in the previous year. Total income of the company increased by 59.40% at Rs 402.76 crore for Q1FY21 as compared Rs 252.67 crore for the corresponding quarter previous year.