Mastek Ltd Approves Q1 Financial Results, Amends Insider Trading Code
Mastek Limited announced the approval of its Unaudited Consolidated and Standalone Financial Results for the quarter ended June 30, 2026. The company also ratified amendments to its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information during its Board meeting held on July 21, 2026.The Board of Directors reviewed and approved the unaudited financial results, which were prepared in accordance with Indian Accounting Standards (Ind-AS). The results include a review report from M/s Walker Chandiok & Co. LLP.
Financial Performance Highlights
The company reported key figures for Q1 FY2026 across both consolidated and standalone entities. Segment information was also provided as part of the consolidated results.Consolidated financial performance:
| Metric | Quarter ended June 30, 2026 (Unaudited) | March 31, 2026 (Refer note 1) | June 30, 2025 (Unaudited) | March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 98,525 | 93,800 | 91,470 | 3,69,875 |
| Total income | 99,728 | 96,187 | 92,526 | 3,76,916 |
| Total expenses | 85,882 | 81,291 | 80,456 | 3,21,782 |
| Profit before tax | 13,846 | 12,523 | 12,070 | 52,122 |
| Net profit for the period | 10,588 | 10,615 | 9,205 | 40,400 |
| Total Comprehensive Income, net of tax attributable to Owners of the Company | 11,095 | 19,671 | 12,984 | 60,253 |
Standalone financial performance:
| Metric | Quarter ended June 30, 2026 (Unaudited) | March 31, 2026 (Refer note 1) | June 30, 2025 (Unaudited) | March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 22,132 | 24,460 | 22,895 | 91,756 |
| Total income | 22,709 | 28,165 | 25,454 | 1,05,301 |
| Total expenses | 19,888 | 19,798 | 19,745 | 78,763 |
| Profit before tax | 2,821 | 5,631 | 5,709 | 23,163 |
| Net profit for the period | 2,080 | 5,716 | 4,189 | 20,244 |
The company also reported a significant increase in Other Comprehensive Income (OCI), with consolidated OCI attributable to owners standing at 11,095 lakhs for the quarter.
Operational and Governance Updates
Mastek Limited’s Board of Directors approved amendments to its "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information." The revised code outlines principles for prompt public disclosure and uniform dissemination of Unpublished Price Sensitive Information (UPSI).Additionally, during the quarter ended June 30, 2026, the paid-up equity share capital increased by Rs. 0.17 lakhs, corresponding to 3,442 equity shares of Rs. 5 each, following the allotment of shares on exercise of options by eligible employees under ESOP schemes Plan VI and Plan VII.
Exceptional Items and Segments
The results reflected exceptional items across both entities. The consolidated financial statements noted an exceptional item (loss) in March 31, 2026 for the quarter ending June 30, 2026, amounting to Rs. 2,373 lakhs, attributed to the statutory impact of new Labour Codes.In standalone results, the exceptional item (loss) for the quarter ended June 30, 2026, was 2,736 lakhs. This consolidated loss included impairment of Investment in subsidiary, which totaled Rs. 363 lakhs for the quarter.
The company provided segment revenue and profit details, with operations categorized into UK & Europe, North America, and AMEA.
MASTEK Stock Price Movement
Today, shares of Mastek Limited edged up to settle at ₹1746.6 after closing the session with a 0.16% gain. The stock finished the day amidst notable trading activity, registering a total volume of 190,220 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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