Mastek Ltd's Q1FY26 Quarterly Results

Result Summary

• Mastek Ltd reported a 17.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1FY26). On a year-on-year (YoY) basis, it witnessed a growth of 13.2%.
• Its expenses for the quarter were up by 16.4% QoQ and 12.0% YoY.
• The net profit decreased 2.5% QoQ and increased 28.7% YoY.
• The earnings per share (EPS) of Mastek Ltd stood at 29.5 during Q1FY26.

Financial Statments for Q1FY26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Mastek Ltd is a well-recognized player in the IT services industry, primarily focused on providing enterprise digital transformation and cloud-based solutions. Known for its expertise in delivering complex business solutions, Mastek serves various industries including healthcare, government, financial services, and retail. The company operates on a global scale, with a significant presence in key markets such as North America, Europe, and Asia-Pacific. While specific recent developments are not detailed in the provided data, Mastek typically engages in strategic partnerships and acquisitions to enhance its service offerings and market reach.

Revenue

For the first quarter of the fiscal year 2026 (Q1FY26), Mastek Ltd reported a total income of ₹925.26 crores, reflecting a robust performance with a 17.8% increase on a quarter-over-quarter (QoQ) basis from ₹785.18 crores in Q4FY25. On a year-over-year (YoY) basis, the total income rose by 13.2% from ₹817.08 crores in Q1FY25. This growth in revenue indicates that Mastek Ltd has experienced a positive trajectory in its income generation over both the quarterly and yearly periods under review.

Profitability

In Q1FY26, Mastek Ltd's profit before tax stood at ₹120.70 crores, marking a significant QoQ increase of 28.6% from ₹93.85 crores in Q4FY25 and a YoY increase of 22.4% from ₹98.63 crores in Q1FY25. The company's profit after tax for Q1FY26 was ₹92.05 crores, slightly down by 2.5% compared to ₹94.41 crores in Q4FY25 but up by 28.7% from ₹71.50 crores in Q1FY25. Earnings per share (EPS) decreased to ₹29.50 from ₹30.00 QoQ, a decline of 1.7%, yet increased by 28.8% YoY from ₹22.90. The tax expense for Q1FY26 was ₹28.65 crores, which represents a notable shift from a tax credit of ₹-0.56 crores in Q4FY25 and a moderate increase from ₹27.13 crores in Q1FY25.

Operating Metrics

Total expenses for Mastek Ltd in Q1FY26 were ₹804.56 crores, showing an increase of 16.4% QoQ from ₹691.33 crores in Q4FY25 and a 12.0% YoY rise from ₹718.45 crores in Q1FY25. The increase in expenses aligns with the overall growth in revenue, reflecting the company's capability to manage its operational costs while expanding its revenue base. The profit before tax margin improved in Q1FY26, as indicated by the increase in profit before tax relative to total income. The financial data does not include detailed information on debt-to-equity or current ratios, limiting the analysis of liquidity and leverage for Mastek Ltd. However, the provided metrics suggest a period of strong revenue growth coupled with effective cost management.