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Mastek shares soar 9% as Q1 profit jumps 29%; Earnings breakdown here

Mastek shares soar 9% as Q1 profit jumps 29%; Earnings breakdown here

Business Standard19 hours ago
Shares of Mastek surged over 9 per cent on Monday after the company reported a 29 per cent jump in its net profit for the first quarter of the current financial year (Q1FY26).
The software and consulting firm's stock rose as much as 9.28 per cent during the day to ₹2,725 per share, the highest level since February 10 this year. The stock pared gains to trade 8 per cent higher at ₹2,701 apiece, compared to a 0.30 per cent advance in Nifty 50 as of 10:08 AM.
Shares of the company snapped a two-day losing streak and have recovered over 38 per cent from their April lows. The counter has fallen 9 per cent this year, compared to a 6 per cent advance in the benchmark Nifty 50. Mastek has a total market capitalisation of ₹8,429.61 crore. Track LIVE Stock Market Updates Here
Mastek Q1 results
Mastek reported a 28.74 per cent year-on-year (Y-o-Y) increase in net profit to ₹92.05 crore for the quarter ended June 2025, compared to ₹71.50 crore in the corresponding quarter of the previous year. Revenue from operations rose 12.52 per cent to ₹914.70 crore from ₹812.89 crore a year ago.
The company also reported a 10.8 per cent increase in Ebitda at ₹137.3 crore, compared to ₹123.8 crore in the same quarter last year.
The growth in Q1 was led by strong performance in the UK and Europe, driven by momentum in healthcare and secured government services, according to Umang Nahata, chief executive officer at Mastek. "The US business witnessed headwinds in some accounts; however, pipeline and order backlog remain strong."
The 12-month order backlog was ₹2,347.9 crore as on 30th June, 2025, as compared to ₹2,168.8 crore in Q1FY25, it said in an investor presentation. The company added 12 new clients in Q1FY26, with total active clients during Q1FY26 recorded at 323 as compared to 348 in Q4FY25.
About Mastek
Mastek is a global provider of enterprise AI, digital, and cloud services that help clients generate measurable and sustainable returns on their technology investments. With a presence in over 40 countries and a workforce of more than 5,000 professionals, Mastek serves over 400 active customers across key sectors such as Public Sector, Healthcare, Retail, Manufacturing, Higher Education, and Financial Services.
The company partners with leading technology platforms, including Oracle, Salesforce, Microsoft, AWS, Snowflake, and Databricks to deliver innovative solutions tailored to evolving business needs.
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