Mastek Ltd's Q3FY25 Quarter Results
- 1d ago
Result Summary
- Mastek Ltd reported a 0.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 11.6%.
- Its expenses for the quarter were up by 0.3% QoQ and 10.4% YoY.
- The net profit decreased 26.4% QoQ and increased 21.8% YoY.
- The earnings per share (EPS) of Mastek Ltd stood at 30.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 879.00 | 872.43 | 787.64 | 0.8% | 11.6% |
Total Expenses | 757.29 | 755.27 | 685.90 | 0.3% | 10.4% |
Profit Before Tax | 125.69 | 128.92 | 101.74 | -2.5% | 23.5% |
Tax | 30.98 | 0.27 | 24.00 | 11374.1% | 29.1% |
Profit After Tax | 94.71 | 128.65 | 77.74 | -26.4% | 21.8% |
Earnings Per Share | 30.40 | 41.20 | 24.30 | -26.2% | 25.1% |
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 operates within the IT services industry. It primarily focuses on providing enterprise-level digital transformation services to organizations across various sectors. These services include application development, systems integration, and managed services, catering to the needs of businesses in adopting digital technologies to enhance their operations. As of the latest updates until October 2023, Mastek Ltd has been actively involved in expanding its service offerings and customer base, although specific recent major developments have not been detailed in the provided data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Mastek Ltd reported a total income of ₹879.00 crores. This represents a quarter-over-quarter (QoQ) increase of 0.8% from the previous quarter (Q2FY25), where the total income was ₹872.43 crores. Comparing year-over-year (YoY) performance, there is an 11.6% increase from Q3FY24, which recorded a total income of ₹787.64 crores. These figures indicate a steady growth in revenue over both the short term and the past year.
Profitability
In terms of profitability, Mastek Ltd's profit before tax for Q3FY25 was ₹125.69 crores, showing a decrease of 2.5% QoQ from Q2FY25's figure of ₹128.92 crores. However, when compared YoY to Q3FY24, where the profit before tax stood at ₹101.74 crores, there is a growth of 23.5%. The profit after tax in Q3FY25 was ₹94.71 crores, which reflects a significant QoQ decrease of 26.4% from Q2FY25's ₹128.65 crores. Nevertheless, there is a YoY increase of 21.8% from the profit after tax of ₹77.74 crores in Q3FY24. The company's earnings per share (EPS) for the current quarter were ₹30.40, down 26.2% from ₹41.20 in the previous quarter but up 25.1% YoY from ₹24.30.
Operating Metrics
During Q3FY25, Mastek Ltd incurred total expenses amounting to ₹757.29 crores, which marks a slight QoQ increase of 0.3% from ₹755.27 crores in Q2FY25. On a YoY basis, total expenses rose by 10.4% from ₹685.90 crores in Q3FY24. The high percentage increase in tax from Q2FY25 to Q3FY25, at 11374.1%, is notable, as it moved from ₹0.27 crores to ₹30.98 crores. This significant change in tax expenses may have impacted the profit after tax figures in the current quarter. The financial data does not provide specific information on other operating metrics or financial ratios such as the P/E ratio, debt-to-equity ratio, or the current ratio. Therefore, these metrics cannot be analyzed based on the provided information.
