Mastek Reports Q1 FY27 Results: Net Profit Rises 15.3% YoY to ₹106.15 Crore; UK & Europe Operations Lead Growth

Digital engineering and cloud transformation services provider Mastek Limited has officially announced its unaudited consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27). The company recorded a solid bottom-line performance with net profit surging over 15% year-on-year, propelled by healthy operational growth in its UK & Europe geographies.

Key Financial Highlights for Q1 FY27

(All financial figures in ₹ Lakhs, unless otherwise specified)

Revenue from Operations: Stood at ₹93,800 lakh (₹938.00 crore) in Q1 FY27, registering a 2.5% year-on-year growth compared to ₹91,470 lakh in Q1 FY26.

Other Income: Reached ₹2,387 lakh for the quarter, up sharply from ₹1,056 lakh in Q1 FY26 and ₹1,203 lakh in Q4 FY26.

Total Income: Reached ₹96,187 lakh (₹961.87 crore) compared to ₹92,526 lakh in Q1 FY26.

Profit Before Exceptional Items & Tax: Rose 23.4% year-on-year to ₹14,896 lakh (₹148.96 crore) from ₹12,070 lakh in Q1 FY26.

Profit Before Tax (PBT): Stood at ₹12,523 lakh (after accounting for an exceptional loss item of ₹2,373 lakh), up 3.8% Y-o-Y compared to ₹12,070 lakh in Q1 FY26.

Net Profit After Tax (PAT): Grew 15.3% year-on-year to ₹10,615 lakh (₹106.15 crore) compared to ₹9,205 lakh in Q1 FY26 and ₹10,588 lakh in Q4 FY26.

Total Comprehensive Income: Surged to ₹19,671 lakh, supported by a net gain of ₹9,056 lakh in Other Comprehensive Income.

Earnings Per Share (EPS): Basic EPS improved to ₹34.25, while diluted EPS stood at ₹34.01 per equity share (face value ₹5 each, not annualized).

Segmental Performance Breakdown

Mastek's geography-wise revenue and segmental result contribution for Q1 FY27:

1. Revenue by Region

UK & Europe Operations: Expanded to ₹66,371 lakh (6.5% Y-o-Y growth), accounting for 70.8% of total consolidated operational revenue.

North America Operations: Reached ₹21,354 lakh (6.2% Y-o-Y growth), representing 22.8% of total revenue.

AMEA (Asia, Middle East & Africa): Contributed ₹11,390 lakh (12.1% of total revenue).

2. Segment Results (Profitability)

UK & Europe: Delivered a segment profit of ₹12,566 lakh (up 11.6% Y-o-Y from ₹11,259 lakh in Q1 FY26).

North America: Reported a segment profit of ₹1,069 lakh (up 74.4% Y-o-Y from ₹613 lakh in Q1 FY26).

AMEA: Contributed ₹487 lakh to segment results.

Expense & Cost Analysis

Consolidated total expenses for Q1 FY27 stood at ₹81,291 lakh compared to ₹80,456 lakh in Q1 FY26 and ₹85,882 lakh in Q4 FY26:

Employee Benefits Expense: Accounted for ₹50,298 lakh (vs. ₹48,996 lakh in Q1 FY26).

Finance Costs: Reduced to ₹719 lakh (vs. ₹876 lakh in Q1 FY26).

Depreciation & Amortization: Stood at ₹1,834 lakh (vs. ₹1,842 lakh in Q1 FY26).

Other Expenses: Accounted for ₹28,427 lakh (vs. ₹28,742 lakh in Q1 FY26).

Total Tax Expenses (Net): Stood at ₹1,908 lakh (comprising current tax of ₹4,096 lakh and deferred tax credit of ₹1,986 lakh).

Shares of Mastek Limited was last trading in BSE at Rs. 1746.40 as compared to the previous close of Rs. 1744.20. The total number of shares traded during the day was 4680 in over 587 trades.

The stock hit an intraday high of Rs. 1779.00 and intraday low of 1740.10. The net turnover during the day was Rs. 8211856.00.

Source : Equity Bulls

Keywords

Mastek INE759A01021 Q1FY27 Q1FY2027 ResultUpdate