Mastek's Q1 FY 2026-27 Quarterly Results

Result Summary

• Mastek Ltd reported a 3.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 7.8%.
• Its expenses for the quarter were up by 5.6% QoQ and 6.7% YoY.
• The net profit decreased 0.3% QoQ and increased 15.0% YoY.
• The earnings per share (EPS) of Mastek Ltd stood at 33.93 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

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 technology company that offers enterprise digital transformation services. The company provides services such as application development, cloud migration, data analytics, and other IT solutions, primarily catering to sectors like government, healthcare, retail, and financial services. Mastek operates in the IT services industry, which is characterized by rapid technological advancements and increasing demand for digital transformation. The company is known for its global presence and expertise in delivering complex IT solutions. Any recent major developments for Mastek Ltd are not available from the provided data.

Revenue

In Q1FY27, Mastek Ltd reported a total income of ₹997.28 crores, which reflects a quarter-on-quarter (QoQ) increase of 3.7% from ₹961.87 crores in Q4FY26. Compared to Q1FY26, there was a year-over-year (YoY) growth of 7.8% from ₹925.26 crores. The steady increase in total income over the periods suggests growth in the company’s revenue, indicative of potentially increased demand for its services or expansion in its market reach. The performance in Q1FY27 marks a continuation of positive revenue trends from the previous fiscal quarters.

Profitability

During Q1FY27, Mastek Ltd's profit before tax was ₹138.46 crores, showing a significant QoQ growth of 10.6% from ₹125.23 crores in Q4FY26, and a YoY increase of 14.7% from ₹120.70 crores in Q1FY26. The tax expense for Q1FY27 was ₹32.58 crores, which increased by 70.8% QoQ from ₹19.08 crores in Q4FY26, and by 13.7% YoY from ₹28.65 crores in Q1FY26. The profit after tax for Q1FY27 was ₹105.88 crores, slightly decreasing by 0.3% QoQ from ₹106.15 crores in Q4FY26, but increasing by 15.0% YoY from ₹92.05 crores in Q1FY26. Earnings per share (EPS) stood at ₹33.93 for Q1FY27, reflecting a marginal QoQ decline of 0.2% from ₹34.01 in Q4FY26, but a 15.0% increase YoY from ₹29.50 in Q1FY26.

Operating Metrics

Total expenses for Mastek Ltd in Q1FY27 were ₹858.82 crores, marking a QoQ increase of 5.6% from ₹812.91 crores in Q4FY26 and a YoY rise of 6.7% from ₹804.56 crores in Q1FY26. The increase in expenses aligns with the overall growth in total income, suggesting proportional scaling of operational activities. The significant rise in tax expenses QoQ is a notable metric that impacts the net profitability. The company's operational efficiency and cost management strategies are reflected in the sustainable profit before tax growth despite the rise in expenses.