Mastek Ltd.'s net profit for the fourth quarter of FY26 declined 2% sequentially, according to an exchange filing on Friday.
The IT company registered a consolidated bottom-line at Rs 106.15 crore, compared to Rs 108.35 crore in the previous quarter.
On the other hand, revenue from operations saw a modest rise of 3.6% to Rs 938 crore from Rs 905.68 crore in Q3FY26.
Earnings before interest and taxes went down marginally by 1.37% to Rs 132.28 crore, compared to Rs 134.13 crore in the comparable quarter. Margin went down 70 basis points to 14.1% from 14.8%.
Moreover, the company has announced a final dividend of Rs 16 per share, subject to shareholder's approval at the upcoming AGM, as per the filing.
"The Board of Directors recommended a Final Dividend of 320% i.e. Rs.16/- per equity share (on the face value of Rs. 5/- per equity share), for the Financial Year ended March 31, 2026, subject to the Shareholders' approval at the ensuing 44 th Annual General Meeting and will be paid within 30 days from the date of approval at the ensuing 44th Annual General Meeting," the filing stated.
Record date for the same to determine eligible shareholders for the payout will be announced at a later date, according to the filing.
The company further highlighted that the total dividend for year ended March 31, 2026 stands at Rs 24 per share, up from Rs 23 per share in the previous fiscal. The total dividend payout includes interim of Rs 8 per share announced earlier in the financial year.
Mastek Q4 (Cons, QoQ)
- Revenue up 3.56% at Rs 938 crore versus Rs 905.68 crore.
- Ebit down 1.37% at Rs 132.28 crore versus Rs 134.13 crore.
- Ebit margin down 70 bps at 14.1% versus 14.8%.
- Net profit down 2.03% at Rs 106.15 crore versus Rs 108.35 crore.
Follow all the live earnings update here.
Mastek Share Price
Mastek's stock ended 2.85% higher at Rs 1746 apiece on the NSE, compared to a 0.65% advance in the Nifty index. The share price has fallen 14.87% year-to-date, and 25.05% in the last 12 months.
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