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Mastek Ltd.
BSE: 523704 | NSE: MASTEK
Small Cap | IT - Software
2205.35
-3.40 (-0.15%) Mastek reports 5% rise in Q1 consolidated net profit
Date: 21-07-2022Mastek 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.