Q4 Results Updates: Mastek Profit Misses Estimates, Just Dial Profit Up

The board of directors of the company approved a final dividend of Rs 16 per share, subject to shareholder approval.

Mastek is confident of “easily” moving its operating margins upwards of 17% in the next two or three quarters, the company’s new Chief Executive Officer, Umang Nahata, told NDTV Profit.

The company reported a dip of 85 basis points in its operating margins in Q3 on a year-on-year basis. The figure contracted to 16.2% in the December quarter, as compared to 17% in the corresponding quarter of the previous month. 

Talking to NDTV Profit, Nahata, who was appointed Mastek CEO on Jan. 16, was optimistic about growth prospects. “On the margin performance side, we have been steady and our endeavour is to start building from here,” he said.

Mastek is “definitely looking forward to improving” its operational margins from the current quarter, Nahata mentioned.

“We are not happy with the 16%-16.5% (margins). We think we can easily move them to 17% or north of 17% in the coming two or three quarters,” he said. 

The CEO stated that his company was taking necessary steps to improve the margins, including focusing on AI-driven efficiency.

Just Dial reported its Q3FY25 earnings on Jan. 10, with revenue increasing 0.9% to Rs 287.33 crore compared to Rs 284.83 crore. However, net profit declined 15% to Rs 131.31 crore from Rs 154.07 crore.

Ebitda or operating income rose 6% to Rs 86.6 crore from Rs 82.06 crore, resulting in a margin expansion to 30.1% from 28.8%.

Mastek, an enterprise-level digital engineering and cloud transformation company, will likely report a revenue growth of 16.5% to Rs 908 crore in the fourth quarter, as per Bloomberg. Net profit is projected to be Rs 93.5 crore.

Operating income or Ebit is estimated to be Rs 158.8 crore, and a margin of 17.5%.

Just Dial is expected to bring in revenue of Rs 292.3 crore in the January-March quarter, an over 8% growth year-on-year, according to a consensus of analysts' estimates compiled by Bloomberg. The company had a top line of Rs 270 crore in the same period last year.

Net profit is projected to be Rs 135.8 crore, compared to Rs 56.2 crore in the year-ago period.

Operating income measured as earnings before interest, taxes, depreciation and amortisation may come in at Rs 8.5 crore. The margin is projected to be 29.1%.

Just Dial, controlled by Reliance Retail Ventures Ltd., is an internet service company that provides local search results for products and services across India.

Twelve companies across sectors are set to announce their earnings on Friday for the quarter and financial ending March 31, 2025.

The companies scheduled to release Q4 FY25 earnings on April 18 include Amal Ltd., Jaykay Namkeen Ltd., Just Dial Ltd., Mahaan Food Ltd., Mastek Ltd., Network18 Media & Investments Ltd., Orosil Smiths India Ltd., Punctual Trading Ltd., Roselabs Finance Ltd., Senthil Infotek Ltd., Teamo Productions HQ Ltd., and Yaari Digital Integrated Services Ltd.