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  • Mastek appoints John Owen as Group CEO

    The BSE-listed company specialises in building, maintaining and managing bespoke digital solutions for clients in government, health, retail, and financial services. Digital solutions constitutes more than 50 per cent of its business.

  • 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.

  • Brexit to hit revenues, but Q1 is a safe period: Mastek

    The impact of the currency will mainly be seen in the topline and not so much in the margins, assures Sudhakar Ram, MD & Group CEO, Mastek, adding that the company is comfortably hedged.

  • Expect modest improvement in revenue in Q1FY17: Mastek CEO

    After Mastek's joint venture (JV) with The Law Society came to an end in Q4 FY16, its revenue growth declined by 9 percent. But Sudhakar Ram, MD & Group CEO, says he expects a modest improvement in revenues in Q1 FY17.

  • Mastek Q4 net profit down 9% to Rs 5.86 cr

    The company had posted a net profit of Rs 6.44 crore for the corresponding period last fiscal, it said in a BSE filing.

  • UK polls weighed on business in Q2: Mastek

    Fifty percent of our revenues comes from the government verticals, CEO Sudhakar Ram told CNBC-TV18.

  • Mastek Q2 net slumps 40% to Rs 2.7 cr, revenue slips

    Operating margin in Q2 was at 3.1 percent against 9.5 percent Q-o-Q while EBITDA skumped at Rs 4.04 crore against Rs 12.6 crore (Q-o-Q).

  • Expect UK biz growth to continue: Mastek

    Sudhakar Ram, CMD & CEO says this quarter around 80 percent of the business came from strategic high value, high margin kind of business both from the government and insurance business.

  • Mastek Q3 profit jumps 22% to Rs 18.3 cr, margin up 270 bps

    Net profit increased to Rs 18.3 crore in the quarter ended December 2013 from Rs 15.1 crore in previous quarter while total income rose marginally to Rs 242.4 crore from Rs 238.5 crore during the same period, impacted by North American operations.

  • Mastek empanelled for UIDAI, keen on PDS deals of Rs7-15cr

    If reports are believed, the UIDAI project is likely to introduce one of the largest IT contracts worth many a crore. As one of the IT firms that have qualified and empanelled for the UIDAI, Mastek says that the project is big, but as large as reported, however, it sees a lot of scope “over a period of time.”

  • Mastek posts loss in Oct-Dec on goodwill impairment

    Second tier software services firm Mastek Ltd on Tuesday posted a loss in Oct-Dec, hurt by a goodwill impairment charge and higher depreciation at one of its facilities, sending its shares down 9% to a 20-month low.

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