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Moneycontrol » News Center » Business » Earnings
Mastek posts Q2 net profit at Rs 21.8cr, up 3%
Published on Thu, Jan 11, 2007 at 14:37   |  Updated at Thu, Mar 22, 2007 at 15:26  |  Source : Moneycontrol.com
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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.

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Tags: Mastek , results
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