Mastek Q2 results: Net profit more than doubles to Rs 59 crIts revenue from operations was up 68.2 per cent to Rs 409.7 crore for the quarter under review from Rs 243.6 crore in the July-September 2...
US acquisition deal gives Mastek valuation bounce: AnalysisThe stock of Mastek gained 20 per cent on Monday as investors rushed to take advantage of a huge gap between its current valuation and that...
IT services company Mastek targets surpassing $250 million in revenue by 2016The Mumbai-based company, which was one of the first IT service providers to go public, will also start chasing government deals by itself,...
- Mastek Net up over two-fold at Rs 20.3 cr in Jan-Mar qtr
IT solutions company Mastek today said its consolidated net profit more than doubled to Rs 20.3 crore for the quarter ended March 31, 2013.
Mastek earnings: Will the growth persist?A higher order book at the end of the quarter reflects that the momentum will sustain in the coming two quarters.
IT provider Mastek staggers salary increments over two quarters to reduce margin impactDuring the current quarter, the increments had a 1% impact on the margin and the next set of increments will impact margins in Dec quarter.
- Mastek is back on growth path: CFO Farid Kazani
"That was in the past and with regard to a change in Capita's strategy on the insurance side. Now we do only very small maintenance work in...
- Mastek: Company fails to make most of IT revival
The stock of mid-tier IT company Mastek fell by over 3% on Thursday after the company reported a net loss in the September 2010 quarter.
- Wrong forex calls pull Mastek Q4 profit down to Rs 3 crore
A shocked Mastek management termed the June 2010 quarter as most disappointing, with net profit slipping into single digits.
- Mastek looks to buy insurance vertical in UK, N America
IT major Mastek is eyeing an acquisition in the insurance vertical in North America as well as the UK, and could spend up to $50 million fo...
- Mastek eyes $20-30 mn acquisition in FY09
Software services firm Mastek Ltd is looking at an overseas acquisition of around $20-30 million during the current financial year.
- Mastek sets sights on buyouts in US, UK
Mastek is in talks with target companies and has sought shareholder approval to raise Rs 150 crore overseas.
- Mastek gets a fresh team at the top
Mastek says it has formed a new senior management for its India and US businesses to implement expansion plans.
- Mastek recasts top deck; to hire more
The Rs 700 crore mid-size IT firm Mastek has undertaken a restructuring exercise that will streamline its operations. .
- Mastek to set up offshore development centre
Mumbai-based software services company Mastek plans to invest Rs 200 crore - Rs 250 crore over the next five years to set up a 5000 seat of...
- Mastek net profit rises 41%
Mumbai-based software services firm, Mastek reported a net profit of Rs 21.2 crore for the first quarter ending September 30, ’06, a 2.91% ...
- Mastek net up 19% in Q4
Mumbai-based software services firm Mastek on Monday reported a net profit of Rs 20.6 crore for the fourth quarter ending June 30, ’06 a gr...