Home / Business and Economy / Mastek Profit Dips Amid Revenue Rise: Q4 FY26 Results
Mastek Profit Dips Amid Revenue Rise: Q4 FY26 Results
17 Apr
Summary
- Net profit declined 2.03% QoQ to Rs 106.15 crore in Q4 FY26.
- Revenue from operations increased 3.56% QoQ to Rs 938 crore.
- 12-month order backlog grew 24.4% YoY to Rs 2,849.2 crore.
Mastek's consolidated net profit saw a 2.03% dip quarter-on-quarter, settling at Rs 106.15 crore for Q4 FY26. Despite this, the company's revenue from operations experienced a 3.56% increase, reaching Rs 938 crore. This financial performance reflects a strong year-on-year growth, with net profit up 30.93% and revenue up 3.59% compared to Q4 FY25.
The company's forward-looking indicators are robust, with a 12-month order backlog of Rs 2,849.2 crore as of March 31, 2026, marking a 24.4% year-on-year increase. Mastek also secured 12 new clients in the quarter, maintaining a total of 326 active clients.
Strategically, Mastek focused on AI-led transformation, securing significant deals across various sectors. These include establishing an AI Centre of Excellence for a UK financial services firm and implementing a federal patient data system for a US health authority. These wins underscore the company's commitment to its 'Lead with AI' approach.
Financially, Mastek reported Rs 938.5 crore in cash, cash equivalents, and mutual funds. The Board recommended a final dividend of Rs 16 per share for FY26, bringing the total dividend to Rs 24 per share, reflecting a commitment to shareholder returns amidst an uncertain macroeconomic climate.
