Stock Report

Mastek Ltd Q2FY21 consolidated net profit rises to Rs. 50.95 crore



Posted On : 2020-10-29 23:22:21( TIMEZONE : IST )

Mastek Ltd Q2FY21 consolidated net profit rises to Rs. 50.95 crore

MASTEK LTD. has reported financial results for the period ended September 30, 2020.

Financial Results (Q2 FY20-21) - QoQ Comparison

The company has reported total income of Rs.413.80 crores during the period ended September 30, 2020 as compared to Rs.402.76 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.50.95 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.40.43 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.19.75 for the period ended September 30, 2020 as compared to Rs.16 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 413.80 crs₹ 402.76 crsUp Tick 2.74%
Net Profit₹ 50.95 crs₹ 40.43 crsUp Tick 26.02%
EPS₹ 19.75₹ 16Up Tick 23.44%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.413.80 crores during the period ended September 30, 2020 as compared to Rs.252.72 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.50.95 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.24.64 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.19.75 for the period ended September 30, 2020 as compared to Rs.9.73 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 413.80 crs₹ 252.72 crsUp Tick 63.74%
Net Profit₹ 50.95 crs₹ 24.64 crsUp Tick 106.78%
EPS₹ 19.75₹ 9.73Up Tick 102.98%

Financial Results (6 months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.816.56 crores during the 6 months period ended September 30, 2020 as compared to Rs.505.39 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.91.38 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.48.86 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.35.57 for the 6 months period ended September 30, 2020 as compared to Rs.19.27 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 816.56 crs₹ 505.39 crsUp Tick 61.57%
Net Profit₹ 91.38 crs₹ 48.86 crsUp Tick 87.02%
EPS₹ 35.57₹19.27Up Tick 84.59%

Shares of MASTEK LTD. was last trading in BSE at Rs.803 as compared to the previous close of Rs. 791.65. The total number of shares traded during the day was 4863 in over 936 trades.

The stock hit an intraday high of Rs. 820 and intraday low of 770.65. The net turnover during the day was Rs. 3835810.

Source : Equity Bulls

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