Mastek has been under pressure in the last few months because of a contract with Capita being terminated. The company is now moving on, lining up new orders for the new fiscal year.
Mastek recently won an 8 million pound multi-year order which will boost the business. Fareed Kazani, group Chief Financial Officer & Director Finance says that he is expecting the order to be delivered by June 2012, after which the company has hopes of expanding its business.
"With revenue growth happening, we should see some bit of it getting offset and we should come back to growth of profitability in the few quarters," he tells CNBC-TV 18. Below is a verbatim transcript of his interview with CNBC-TV 18's Latha Venkatesh and Anuj Singhal. Also watch the accompanying video. Q: We got this new from UK that you have won this 8 million pound order and that
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