Expect growth rates to pick up: Mastek

In an interview to CNBC-TV18, Sudhakar Ram, MD & Group CEO of Mastek spoke about the results and his outlook for the company.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney IThe Winning Leap SME Special
Moneycontrol

Home » News » Earnings » Results Boardroom

Oct 19, 2016, 12.27 PM | Source: CNBC-TV18

Expect growth rates to pick up: Mastek

In an interview to CNBC-TV18, Sudhakar Ram, MD & Group CEO of Mastek spoke about the results and his outlook for the company.

Like this story, share it with millions of investors on M3

Expect growth rates to pick up: Mastek

In an interview to CNBC-TV18, Sudhakar Ram, MD & Group CEO of Mastek spoke about the results and his outlook for the company.

Post Your Comments

Share Cancel

In an interview to CNBC-TV18, Sudhakar Ram, MD & Group CEO of Mastek spoke about the results and his outlook for the company.

He said, "The growth could have been better in terms of our expectations but on some projects it was the right shift. Going forward, we do expect the growth rates to pick up. We do see quarter-on-quarter improvement over the next 3-4 quarters, in terms of topline and definitely it should translate to better bottom-line".

Talking about margin improvement, he further mentioned, "The troubled program has pretty much been resolved and it will now take on a more profitable execution path going forward. We have also had improvements in terms of SG&A leverage, SG&A effectiveness that in terms of the overheads as well as sales and marketing, we have taken a tighter look at it to ensure that it is in line with our current revenue projections. Both of those have led to margin improvements in this quarter and they will continue to yield better margins going forward".

Buy, Hold, Sell ? Hear it first on M3
Expect growth rates to pick up: Mastek

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login