Mastek quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	1,019	940	+8.3%
EBITDA	146	146	+0.5%
EBITDA margin	14.4%	15.5%	−1.1 pts
Profit before tax	141	134	+5.5%
Net profit	106	97.5	+8.4%
EPS	₹34.08	₹31.48	+8.3%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	1,019	985	938	906	940	915	905	870	867	813	780	784	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	11.7	12.0	23.9	20.9	15.1	10.6	3.6	9.5	5.0	4.2	5.5	3.4
	1,030	997	962	927	955	925	909	879	872	817	785	788
	548	533	503	492	494	490	478	461	475	445	420	431
	7.7	6.6	7.2	7.4	8.6	8.8	9.6	11.9	11.1	9.4	9.2	13.3
	19.4	18.3	18.5	17.9	17.9	18.4	18.7	16.6	19.9	20.1	27.5	21.8
	324	301	284	269	300	287	289	267	249	244	235	220
	900	859	813	785	821	805	795	757	755	718	691	686
	146	151	151	146	146	137	139	141	143	124	125	134
	127	133	132	128	128	119	120	124	123	104	97.6	112
Profit
	131	138	149	141	134	121	114	122	117	98.6	93.9	102
	10.7	0.0	−23.7	0.0	0.0	0.0	−8.1	4.0	11.8	0.0	0.0	0.0
	141	138	125	141	134	121	106	126	129	98.6	93.9	102
	48.3	47.1	38.9	42.5	40.5	43.6	26.5	39.0	40.3	39.7	13.1	13.4
	−12.5	−14.5	−19.9	−9.6	−3.9	−15.0	−1.6	−8.0	−40.0	−12.6	−13.6	10.6
	35.8	32.6	19.1	32.8	36.7	28.7	24.9	31.0	0.3	27.1	−0.6	24.0
	106	106	106	108	97.5	92.1	81.1	94.7	129	71.5	94.4	77.7
	106	106	106	108	97.5	92.1	81.1	94.7	129	71.5	94.4	77.7
	25.6	5.1	90.6	30.7	39.4	37.8	22.8	1.3	26.5	−2.4	−0.6	15.6
	131	111	197	139	137	130	104	96.1	155	69.1	93.9	93.3
	106	106	106	108	97.5	92.1	81.1	94.7	129	69.1	92.1	75.3
	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.4	2.4
Per share
	₹34.08	₹34.16	₹34.25	₹34.97	₹31.48	₹29.75	₹26.24	₹30.68	₹41.69	₹23.18	₹29.94	₹24.57
	₹33.86	₹33.93	₹34.01	₹34.71	₹31.24	₹29.50	₹26.01	₹30.35	₹41.22	₹22.92	₹29.97	₹24.29
Other comprehensive income — detail
	25.6	5.1	90.6	30.7	39.4	37.8	22.8	—	—	—	—	—
	−0.7	2.1	3.6	5.3	−13.4	1.0	0.3	−2.2	−1.3	0.9	0.4	−0.4
	−0.2	0.5	1.5	1.4	−3.5	0.2	−0.9	—	—	—	—	—
	—	—	—	—	—	—	—	−0.3	−0.4	0.2	−0.1	−0.1
	24.8	6.6	84.4	26.5	48.4	32.6	21.5	7.6	21.9	−3.1	1.1	13.5
	−1.3	3.1	−4.0	−0.3	−0.9	−4.4	−0.2	—	—	—	—	—
	—	—	—	—	—	—	—	4.4	−5.5	0.0	2.1	−2.3
	131	111	197	139	137	130	104	96.1	155	—	91.9	89.6
	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	—	2.0	3.7
Per share — as-filed variants
	₹34.08	₹34.16	₹34.25	₹34.97	₹31.48	₹29.75	₹26.24	₹30.68	₹41.69	₹23.18	₹29.94	₹24.57
	₹33.86	₹33.93	₹34.01	₹34.71	₹31.24	₹29.50	₹26.01	₹30.35	₹41.22	₹22.92	₹29.97	₹24.29
Adjusted (ex-exceptional items) — derived
	131	138	149	141	134	121	114	122	117	98.6	93.9	102
	10.7	0.0	−23.7	0.0	0.0	0.0	−8.1	4.0	11.8	0.0	0.0	0.0
	97.7	106	126	108	97.5	92.1	87.3	91.7	117	71.5	94.4	77.7
	₹31.50	₹34.16	₹40.74	₹34.97	₹31.48	₹29.75	₹28.25	₹29.71	₹37.89	₹23.18	₹29.94	₹24.57

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

MASTEK₹1,474.00

Mastek Ltd.

· Technology

Annual Quarterly₹ CrorePeersZENSARTECH BSOFT RATEGAIN HAPPSTMNDS TANLA DATAMATICS CIGNITITEC CAPILLARYMcap ₹4,569 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	784.3	779.7	812.9	867.4	869.5	905.4	914.7	940.4	905.7	938.0	985.3	1,018.7
Other Income	3.4	5.5	4.2	5.0	9.5	3.6	10.6	15.1	20.9	23.9	12.0	11.7
Total Income	787.6	785.2	817.1	872.4	879.0	909.0	925.3	955.5	926.6	961.9	997.3	1,030.4
Expenses
+ Employee Benefit Expense	431.0	420.0	444.8	475.3	461.4	477.5	490.0	494.5	491.6	503.0	532.6	548.1
+ Finance Costs	13.3	9.2	9.4	11.1	11.9	9.6	8.8	8.6	7.4	7.2	6.6	7.7
+ Depreciation & Amortisation	21.8	27.5	20.1	19.9	16.6	18.7	18.4	17.9	17.9	18.5	18.3	19.4
+ Other Expenses	219.8	234.6	244.1	249.0	267.5	289.1	287.4	300.4	268.5	284.3	301.3	324.5
Total Expenses	685.9	691.3	718.5	755.3	757.3	795.0	804.6	821.4	785.4	812.9	858.8	899.7
EBITDA	133.5	125.1	123.9	143.1	140.7	138.8	137.3	145.5	145.6	150.8	151.4	146.2
EBIT	111.7	97.6	103.9	123.3	124.1	120.1	118.9	127.6	127.7	132.3	133.0	126.8
Profit
PBT before Exceptional Items	101.7	93.9	98.6	117.2	121.7	114.1	120.7	134.1	141.2	149.0	138.5	130.7
+ Exceptional Items	0.0	0.0	0.0	11.8	4.0	-8.1	0.0	0.0	0.0	-23.7	0.0	10.7
Pretax Income	101.7	93.9	98.6	128.9	125.7	105.9	120.7	134.1	141.2	125.2	138.5	141.5
+ Current Tax	13.4	13.1	39.7	40.3	39.0	26.5	43.6	40.5	42.5	38.9	47.1	48.3
+ Deferred Tax	10.6	-13.6	-12.6	-40.0	-8.0	-1.6	-15.0	-3.9	-9.6	-19.9	-14.5	-12.5
Tax Expense	24.0	-0.6	27.1	0.3	31.0	24.9	28.7	36.7	32.8	19.1	32.6	35.8
Net Income	77.7	94.4	71.5	128.7	94.7	81.1	92.1	97.5	108.4	106.2	105.9	105.7
+ Net Income — Continuing Ops	77.7	94.4	71.5	128.7	94.7	81.1	92.1	97.5	108.4	106.2	105.9	105.7
+ Other Comprehensive Income	15.6	-0.6	-2.4	26.5	1.3	22.8	37.8	39.4	30.7	90.6	5.1	25.6
Total Comprehensive Income	93.3	93.9	69.1	155.1	96.1	103.9	129.8	136.9	139.1	196.7	111.0	131.3
Net Income to Common	75.3	92.1	69.1	128.7	94.7	81.1	92.1	97.5	108.4	106.2	105.9	105.7
Minority Interest	2.4	2.4	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Per Share
Basic EPS	24.57	29.94	23.18	41.69	30.68	26.24	29.75	31.48	34.97	34.25	34.16	34.08
Diluted EPS	24.29	29.97	22.92	41.22	30.35	26.01	29.50	31.24	34.71	34.01	33.93	33.86
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	22.8	37.8	39.4	30.7	90.6	5.1	25.6
+ Items NOT to be Reclassified to P&L	-0.4	0.4	0.9	-1.3	-2.2	0.3	1.0	-13.4	5.3	3.6	2.1	-0.7
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	-0.9	0.2	-3.5	1.4	1.5	0.5	-0.2
+ Tax on Items NOT to be Reclassified — alt tag	-0.1	-0.1	0.2	-0.4	-0.3	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	13.5	1.1	-3.1	21.9	7.6	21.5	32.6	48.4	26.5	84.4	6.6	24.8
+ Tax on Items to be Reclassified	—	—	—	—	—	-0.2	-4.4	-0.9	-0.3	-4.0	3.1	-1.3
+ Tax on Items to be Reclassified — alt tag	-2.3	2.1	0.0	-5.5	4.4	—	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	89.6	91.9	—	155.1	96.1	103.9	129.8	136.9	139.1	196.7	111.0	131.3
Comprehensive Income — Non-controlling Interests	3.7	2.0	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Per Share — as-filed variants
Basic EPS — Continuing Operations	24.57	29.94	23.18	41.69	30.68	26.24	29.75	31.48	34.97	34.25	34.16	34.08
Diluted EPS — Continuing Operations	24.29	29.97	22.92	41.22	30.35	26.01	29.50	31.24	34.71	34.01	33.93	33.86
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	101.7	93.9	98.6	117.2	121.7	114.1	120.7	134.1	141.2	149.0	138.5	130.7
− Exceptional Items (reconciliation)	0.0	0.0	0.0	11.8	4.0	-8.1	0.0	0.0	0.0	-23.7	0.0	10.7
Net Income Adj (tax-effected)	77.7	94.4	71.5	116.9	91.7	87.3	92.1	97.5	108.4	126.3	105.9	97.7
EPS Adj	24.57	29.94	23.18	37.89	29.71	28.25	29.75	31.48	34.97	40.74	34.16	31.50
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Paid Up Equity Capital	15.3	15.4	15.4	15.4	15.4	15.5	15.5	15.5	15.5	15.5	15.5	15.5

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Mastek Q2 FY27 results (July–September 2026)

Mastek (NSE: MASTEK) reported its Q2 FY27 results (July–September 2026). Consolidated net profit was ₹106 crore, up 8.4% from ₹97.5 crore in Q2 FY26 and down 0.2% from ₹106 crore in Q1 FY27. Revenue from operations was ₹1,019 crore, up 8.3% year on year and up 3.4% from the previous quarter.

Q2 FY26 results (a year earlier): 16 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit: ₹106 Cr+8.4% vs Q2 FY26−0.2% vs Q1 FY27
Revenue from operations: ₹1,019 Cr+8.3% vs Q2 FY26+3.4% vs Q1 FY27
Operating margin (EBIT): 12.4%−1.1 pts vs Q2 FY26−1.1 pts vs Q1 FY27EBIT ₹127 Cr
EBITDA: ₹146 Cr+0.5% vs Q2 FY26−3.4% vs Q1 FY27margin 14.3%
Earnings per share (basic): ₹34.08+8.3% vs Q2 FY26−0.2% vs Q1 FY27
Net profit margin: 10.4%unchanged vs Q2 FY26−0.4 pts vs Q1 FY27

Questions

What was Mastek's net profit in Q2 FY27?

Consolidated net profit was ₹106 crore, up 8.4% from ₹97.5 crore in Q2 FY26 and down 0.2% from ₹106 crore in Q1 FY27.

What was Mastek's revenue in Q2 FY27?

Revenue from operations was ₹1,019 crore, up 8.3% year on year and up 3.4% from the previous quarter.

What was Mastek's operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹127 crore, a margin of 12.4%, against 13.5% in Q1 FY27 and 13.6% in Q2 FY26. EBITDA was ₹146 crore, 14.3% of revenue.

How were Mastek's Q2 FY27 results?

Both grew from a year earlier: net profit was up 8.4% at ₹106 crore and revenue was up 8.3% at ₹1,019 crore. The operating margin was 12.4%, down 1.1 percentage points from 13.6% a year earlier. Against Q1 FY27, net profit was down 0.2% and revenue up 3.4%.

What was Mastek's net profit in the first half of FY27?

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹212 crore, up 11.6% from ₹190 crore in the same months a year earlier. Revenue from operations was ₹2,004 crore, up 8.0%.

What is Mastek's net profit margin?

Mastek's net profit margin was 10.4% in Q2 FY27 (net profit as a share of revenue from operations), against 10.4% in Q2 FY26 (unchanged). For FY26 as a whole it was 10.9%.

What was Mastek's EPS in Q2 FY27?

Basic earnings per share were ₹34.08, against ₹31.48 in Q2 FY26.

What was Mastek's net profit in FY26?

Consolidated net profit was ₹404 crore in FY26 (April 2025–March 2026), up 7.5% from ₹376 crore in FY25. It was ₹300 crore in FY24 and ₹293 crore in FY23: up 37.9% over three years, 11.3% a year on average.

What was Mastek's revenue in FY26?

Revenue from operations was ₹3,699 crore in FY26 (April 2025–March 2026), up 7.0% from ₹3,455 crore in FY25. It was ₹3,055 crore in FY24 and ₹2,563 crore in FY23: up 44.3% over three years, 13.0% a year on average.

How has Mastek's profit changed over the last four quarters?

Net profit by quarter: ₹108 crore in Q3 FY26, ₹106 crore in Q4 FY26, ₹106 crore in Q1 FY27 and ₹106 crore in Q2 FY27. That is ₹426 crore over the four quarters, up 16.6% from ₹365 crore in the four quarters before. Revenue from operations: ₹906 crore, ₹938 crore, ₹985 crore and ₹1,019 crore.

When will Mastek announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these Mastek figures come from?

From Mastek's own consolidated results filings to NSE, in ₹ crore as filed. Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.