Mastek Ltd has announced the financial results for the quarter & year ended June 30, 2007. The unaudited results for the Quarter ended June 30, 2007: The Company has posted a net profit of Rs 103.30 million for the quarter ended June 30, 2007 where as the same was at Rs 157.70 million for the quarter ended June 30, 2006. Total Income is Rs 1201.30 million for the quarter ended June 30, 2007 where as the same was at Rs 1180.50 million for the quarter ended June 30, 2006.
The Audited results for the Year ended June 30, 2007: The Company has posted a net profit of Rs 1025.40 million for the year ended June 30, 2007 where as the same was at Rs 492.60 million for the year ended June 30, 2006. Total Income is Rs 5072.20 million for the year ended June 30, 2007 where as the same was at Rs 4014.40 million for the year ended June 30, 2006.
The unaudited consolidated results for the Quarter ended June 30, 2007:
The Group has posted a net profit after tax and minority interest of Rs 236.50 million for the quarter ended June 30, 2007 where as the same was at Rs 205.90 million for the quarter ended June 30, 2006. Total Income is Rs 1871.50 million for the quarter ended June 30, 2007 where as the same was at Rs 1934.10 million for the quarter ended June 30, 2006.
The Audited consolidated results for the Year ended June 30, 2007: The Group has posted a net profit after tax and minority interest of Rs 1069.10 million for the year ended June 30, 2007 where as the same was at Rs 690.90 million for the year ended June 30, 2006. Total Income is Rs 8103.50 million for the year ended June 30, 2007 where as the same was at Rs 7011.10 million for the year ended June 30, 2006.
The figures for the quarter and year ended June 30, 2007, are not comparable with the corresponding previous year's figures since with effect from March 09, 2007, the Company has sold its stake in JV with Daloitte.