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Business

Mastek Reports 2% Decline in Q4 FY26 Net Profit

Indian Community Editorial TeamBy Indian Community Editorial TeamApril 17, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Mastek Reports 2% Decline in Q4 FY26 Net Profit
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Mastek’s consolidated net profit for the fourth quarter ended March 2026 saw a 2% decrease to Rs 106.15 crore, down from Rs 108.35 crore in the previous quarter. The company’s revenue from operations rose by 3.6% sequentially to Rs 938 crore, compared to Rs 905.68 crore in the December quarter, as per its stock exchange filing.

Earnings before interest and tax (EBIT) dropped by 1% to Rs 132.28 crore from Rs 134.13 crore, with margins contracting to 14.1% from 14.8%. However, on a year-on-year basis, the profit after tax surged by 23.6% from Rs 81.07 crore in the same quarter of the previous financial year.

For the full financial year 2025-26, Mastek recorded a profit after tax of Rs 404 crore, up from Rs 375.83 crore in the prior year. The board of directors has proposed a final dividend of Rs 16 per equity share for the financial year.

Mastek shares closed 2.85% higher at Rs 1,746 apiece before the results announcement, surpassing the Nifty’s 0.65% gain during the session. The stock has shown a 10.45% increase over the past week and nearly 19.91% growth in the last month. However, it has faced a long-term decline, down by 17.03% this year and 24.84% over the past year.

Mastek, a global IT services and enterprise AI provider headquartered in Mumbai, specializes in digital and cloud transformation solutions, offering services like Oracle Cloud and Salesforce. The company caters to over 400 clients in more than 40 countries, with a significant presence in the UK and North America.

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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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