Mastek Q4 Results | Net profit slips QoQ even as revenue rises; declares ₹16 dividend

Mid-tier IT company Mastek Ltd on Friday (April 17) reported a 2% quarter-on-quarter decline in net profit at ₹106.2 crore for the fourth quarter, compared with ₹108.4 crore in the previous quarter.

Revenue for the quarter rose 3.6% sequentially to ₹938 crore from ₹906 crore. EBITDA declined 2% to ₹215 crore from ₹219 crore on a quarter-on-quarter basis, while margins stood at 22.9% compared with 24.2% in the previous quarter.

Mastek's board of directors has recommended a final dividend of 320% or ₹16 per equity share of face value ₹5 for the financial year ended March 31, 2026. The payout is subject to shareholders’ approval at the company’s 44th Annual General Meeting and will be paid within 30 days from the date of approval.

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The total dividend for FY26, including the interim dividend of ₹8 per share, stands at ₹24 per share or 480%, compared with ₹23 per share or 460% in the previous year. The record date for determining shareholders eligible for the dividend will be announced at a later stage.

Shares of Mastek Ltd ended at ₹1,749.90, up by ₹49.80, or 2.93%, on the BSE.

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