The corporate’s board additionally proposed a closing dividend of Rs 16 per share for its shareholders.
The online revenue of Rs 81.1 crore within the stated quarter is being in comparison with Rs 94.4 crore in the identical interval final yr. Mastek’s profitability margins additionally took successful, with internet revenue as a proportion of income narrowing to eight.9%, down by 311 foundation factors over the earlier yr.
Regardless of the dip in revenue, the corporate posted wholesome development in its prime line. Income 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 greenback phrases, the corporate’s income got here in at $104.6 million, up 11.6% from $93.7 million a yr in the past.
Sequentially, income rose by 4.1% and whole revenue elevated by 3.4% over the earlier quarter. Nevertheless, the corporate noticed a 1.4% dip in EBITDA and a 14.4% decline in internet revenue on a quarter-on-quarter foundation.
Additionally learn: HDFC Financial institution This fall Preview: PAT could leap as much as 7% YoY, NII to possible rise by as much as 9%
Complete revenue for the quarter rose 15.8% year-on-year to Rs 909 crore, whereas the working EBITDA for Q4FY25 elevated 10.9% YoY to Rs 138.8 crore, as towards Rs 125.1 crore within the corresponding quarter final yr.
Nevertheless, the working EBITDA margin softened to fifteen.3%, in comparison with 16% a yr in the past, reflecting a contraction of 72 foundation factors.
On Thursday, the shares of Mastek closed flat with a adverse bias at Rs 2,328.10 on the BSE.
(Disclaimer: Suggestions, options, views and opinions given by the specialists are their very own. These don’t symbolize the views of The Financial Occasions)