MASTEK LTD. - 523704 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
Update on the acquisition of 100% Membership Interest in Metasoftech Solutions LLC by Mastek Inc. (Wholly Owned First Level Step-down Subsidiary of the Company). MASTEK LTD. - 523704 - Clarification On Intimation Of Grant Of Options To Identified Employees Under Employee Stock Options Plan (ESOP PLAN VII)
Clarification on Intimation of Grant of Options to identified employees under Employee Stock Options Plan (ESOP PLAN VII) MASTEK LTD. - 523704 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
Update on the acquisition of 100% Shareholding in Meta Soft Tech Systems Private Limited by the Company. MASTEK LTD. - 523704 - Grant Of Options To Identified Employees Under Employee Stock Options Plan (ESOP PLAN VII).
Grant of Options to identified employees under Employee Stock Options Plan (ESOP PLAN VII). MASTEK LTD. - 523704 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Earnings Conference Call Transcript - Q1FY23 MASTEK LTD. - 523704 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
With reference to the above-cited regulation(s) and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we hereby inform you, about the one-on-one virtual meeting held on July 27, 2022, with Abakkus Asset Manager, LLP on Industry / Company-specific developments. MASTEK LTD. - 523704 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Unaudited Financial Results- published in newspapers for the quarter ended June 30, 2022. MASTEK LTD. - 523704 - Audio Recording Of Earnings Conference Call For The Quarter Ended June 30, 2022.
Please find below the link to the audio recording of the Earnings Conference Call on the Unaudited Financial Results for the first quarter ended June 30, 2022; both Consolidated and Standalone prepared in terms of Regulation 33 of SEBI Listing Regulations, held on Thursday, July 21, 2022. The Results were approved by the Board at its Meeting held on Wednesday, July 20, 2022.
Results Earnings Call for Q1FY23 of Mastek Ltd.
Conference Call with Mastek Management and Analysts on Q1FY23 Performance and Outlook. Listen to the full earnings transcript. Q1FY23 Quarterly Result Announced for Mastek Ltd.
IT Consulting & Software firm Mastek Announced Q1FY23 Result : Q1FY23 revenue grew 13.4% on YoY basis in Constant Currency Q1FY23 Revenue grew to Rs 570.3 crores; up by 10.4% YoY 12 months order backlog grew by 28.2% YoY in rupee terms Added 33 new clients in the quarter Mastek acquires MST Solutions, a leader in Salesforce ecosystem Commenting on the Q1FY23 results, Hiral Chandrana, Global Chief Executive Officer, Mastek, said: “We reported constant currency revenue growth of 13.4% on year-on-year basis and continued to deliver business outcomes for our clients across digital engineering and cloud transformation engagements. It was a challenging quarter impacted by pause of a key program in a large account, currency impact, slower than expected ramp ups and delayed decision making on few deals. Having said that, our pipeline has grown, win ratios have improved, our focus on account mining and annuity business is yielding results. In line with our Vision 2025, we have acquired MST Solutions, a Summit level Salesforce Consulting partner with strong presence in Americas and marquee Fortune 1000 clients. We welcome the MST Solutions team to our family. We are confident about the fundamentals of our strategy and committed to driving differentiated growth as we continue to partner with clients to Decomplex Digital with Trust, Value and Velocity.” Arun Agarwal, Global Chief Financial Officer, Mastek, said: “We reported operating margin of 19.2% during the quarter despite currency impact, continued investments and increase in hiring costs. We have undertaken several appropriate steps to scale supply and talent acquisition, the results of which would start reflecting in the coming quarters. Resilience of our business is demonstrated in 12-month order backlog of US$ 191 mn as of 30th June, 2022 which grew by 31% Y-o-Y in constant currency. Acquisition of MST Solutions further enhances our integrated offerings across Digital Experience and transformation and strengthens our presence in US geography. Demand environment continues to be strong, and we are confident that our strategic priorities and execution rigor positions us well to achieve our Vision 2025.” Result PDF