The company’s board also proposed a final dividend of Rs 16 per share for its shareholders.
The net profit of Rs 81.1 crore in the said quarter is being compared to Rs 94.4 crore in the same period last year. Mastek’s profitability margins also took a hit, with net profit as a percentage of revenue narrowing to 8.9%, down by 311 basis points over the previous year.
Despite the dip in profit, the company posted healthy growth in its top line. Revenue from operations stood at Rs 905.4 crore for Q4FY25, registering a 16.1% year-on-year rise from Rs 779.7 crore in Q4FY24. In dollar terms, the company’s revenue came in at $104.6 million, up 11.6% from $93.7 million a year ago.
Sequentially, revenue rose by 4.1% and total income increased by 3.4% over the previous quarter. However, the company saw a 1.4% dip in EBITDA and a 14.4% decline in net profit on a quarter-on-quarter basis.
Also read: HDFC Bank Q4 Preview: PAT may jump up to 7% YoY, NII to likely rise by up to 9%Total income for the quarter rose 15.8% year-on-year to Rs 909 crore, while the operating EBITDA for Q4FY25 increased 10.9% YoY to Rs 138.8 crore, as against Rs 125.1 crore in the corresponding quarter last year.However, the operating EBITDA margin softened to 15.3%, compared to 16% a year ago, reflecting a contraction of 72 basis points.On Thursday, the shares of Mastek closed flat with a negative bias at Rs 2,328.10 on the BSE.
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