Mastek Reports Slight Decline in Q4 Profit Despite Revenue Growth
Mastek slides as Q4 PAT falls 2% QoQ to Rs 106 crore
Business Standard
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Mastek's consolidated net profit fell by 2.03% quarter-on-quarter to ₹106.15 crore in Q4 FY26, while revenue increased by 3.56% to ₹938 crore. The company added 12 new clients, reflecting a strong deal pipeline and strategic wins across various sectors.
- 01Net profit decreased by 2.03% QoQ to ₹106.15 crore.
- 02Revenue rose by 3.56% QoQ to ₹938 crore.
- 03Operating EBITDA margin declined to 16.1% from 16.8% in Q3 FY26.
- 04Mastek's order backlog grew by 24.4% YoY to ₹2,849.2 crore.
- 05Final dividend of ₹16 per share proposed, totaling 480% for FY26.
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Mastek reported a 2.03% decline in consolidated net profit to ₹106.15 crore for the fourth quarter of FY26, despite a 3.56% increase in revenue from operations, which reached ₹938 crore. On a year-on-year basis, net profit and revenue grew by 30.93% and 3.59%, respectively. The profit before tax (PBT) decreased by 11.30% QoQ to ₹125.23 crore, while operating EBITDA stood at ₹150.7 crore, reflecting a slight decline of 0.8% QoQ but an increase of 8.6% YoY. The operating EBITDA margin fell to 16.1% from 16.8% in the previous quarter. Mastek's order backlog rose significantly, reflecting a 24.4% YoY growth to ₹2,849.2 crore as of March 31, 2026. The company added 12 new clients, bringing its total to 326. Mastek has a workforce of 4,730 employees, with a notable attrition rate of 17.4%. CFO Deepak Kedia emphasized the company's focus on working capital efficiency, which resulted in a cash balance of ₹938.5 crore. The board has also recommended a final dividend of ₹16 per share, totaling 480% for the financial year, indicating a commitment to shareholder returns.
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Mastek's financial performance impacts its employees and shareholders, with the proposed dividend indicating strong returns for investors. The growth in order backlog suggests potential job stability and opportunities within the company.
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