Mastek Q1 Profit Surges 29% YoY

  Published 8 months ago

Mastek posts 29% YoY profit growth in Q1 FY26, driven by UK, Europe momentum and rising AI-led digital demand.

  • Revenue up 12.5% YoY to ₹107.4 million; 12-month order backlog grows 8.3% YoY, reflecting sustained demand pipeline.
  • Operating EBITDA margin narrows to 15% despite higher YoY earnings; cash reserves decline to ₹549 crore.
  • Added 12 clients; AI deals are gaining traction with the new Open Ana partnership, boosting AI and automation capabilities.

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