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Mastek posts Q2 net profit at Rs 21.8cr, up 3%
Mastek has announced its consolidated second quarter results. The company posted net profit at Rs 21.8 crore in the second quarter, up 2.88% compared to Rs 21.2 crore in the previous quarter.
Mastek has announced its consolidated second quarter results. The company posted net profit at Rs 21.8 crore (Rs 218 million) in the second quarter, up 2.88% compared to Rs 21.2 crore (Rs 212 million) in the previous quarter.
Its revenues was up 7.1% at Rs 209.8 crore (Rs 2.09 billion) from Rs 195.9 crore (Rs 1.95 billion) QoQ.
FY07
FY06
FY05
YoY%
Particulars
Q2
Q1
QoQ%
Revenue
206.39
195.93
5.34
688.35
567.00
21.40
Other Income
3.37
2.99
12.71
12.75
9.64
32.26
Total Income
209.80
198.92
5.47
701.10
576.65
21.58
O Profit
37.09
31.81
16.60
88.42
62.91
40.55
PAT
21.80
21.19
2.88
69.09
53.45
29.26
The company declared interim dividend at Rs 3 per share.
Q3FY07 Guidance
Revenues: Rs 222-226 crore
Net Profit: Rs 23.5 -24.5 crore
Particulars Q2FY06 Actual Guidance
Revenues Rs 209.8 cr Rs 204-209 cr
Net Profit Rs 21.8 cr Rs 21.5-22.5 cr
According to CNBC-TV18 estimates, the company's net profit was expected to go up 5.47% from Rs 21.19 crore (Rs 211.9 million) to Rs 22.35 crore (Rs 223.5 million) quarter-on-quarter, QoQ.
Its revenues was seen going up 6.11% from Rs 195.93 crore (Rs 1.95 billion) to Rs 207.9 crore (Rs 2.07 billion) QoQ.
