Mastek Reports 2% Decline in Q4 Profit; Announces Rs 16 Dividend
Synopsis
Key Takeaways
Mumbai, April 17 (NationPress) Mastek has announced a 2% decrease in its consolidated net profit for the fourth quarter ending March 2026 (Q4 FY26), reporting Rs 106.15 crore compared to Rs 108.35 crore in the previous quarter (Q3 FY26).
The company's operational revenue saw a rise of 3.6% sequentially, reaching Rs 938 crore, up from Rs 905.68 crore in the December quarter, as per its stock exchange disclosure.
Despite the revenue growth, earnings before interest and tax (EBIT) dropped by 1% to Rs 132.28 crore from Rs 134.13 crore, with margins tightening to 14.1% from 14.8%.
On a year-over-year basis, the company's performance remained robust, with a profit after tax surge of 23.6% from Rs 81.07 crore reported in the same quarter of the previous financial year.
For the entire financial year 2025-26, Mastek reported a profit after tax of Rs 404 crore, an increase from Rs 375.83 crore the year before.
The board has proposed a final dividend of Rs 16 per equity share for this financial year.
Prior to the results announcement, Mastek shares closed at Rs 1,746, reflecting a 2.85% increase, outperforming the Nifty which rose by 0.65% during the session.
The stock has experienced a 10.45% rally over the past week and nearly 19.91% over the last month.
However, on a long-term scale, it has faced challenges, declining by 17.03% this year and 24.84% over the past year.
Mastek, a leading provider of IT services and enterprise AI, specializes in digital and cloud transformation solutions, including Oracle Cloud and Salesforce offerings.
With its headquarters in Mumbai, Mastek serves over 400 clients across more than 40 countries, with a significant presence in the UK and North America.