Mastek Limited , a leading digital transformation services provider, has announced its financial results for the first quarter, showcasing strong growth in both revenue and profit.

Financial Highlights

• Revenue from operations increased by 12.5% to Rs. 914.70 crore, up from Rs. 812.90 crore in the same quarter last year.
• Consolidated net profit rose by 28.7% to Rs. 92.00 crore from Rs. 71.50 crore in the corresponding quarter of the previous year.
• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew by 10.8% to Rs. 137.30 crore from Rs. 123.80 crore year-on-year.
• Operating margin remained relatively stable at 15.1%, slightly down from 15.2% in the corresponding quarter, reflecting controlled costs despite growth-related expenses.

Segment Performance

Mastek's performance across different geographical segments for Q1 was as follows:

The UK & Europe operations continued to be the largest contributor to the company's revenue and profitability.

Management Commentary

Ashank Desai, Chairman of Mastek Limited, expressed satisfaction with the company's performance. He stated, "Our Q1 results demonstrate Mastek's resilience and ability to deliver consistent growth. The increase in revenue and net profit reflects our strong market position and the continued trust our clients place in our digital transformation capabilities."

Other Developments

The Board of Directors has approved the re-appointment of Mr. Suresh Vaswani as an Independent Director for a second term of three years, effective from December 11, 2025, subject to shareholder approval at the upcoming Annual General Meeting.

Looking Ahead

Mastek's strong performance in Q1, with significant growth in both revenue and profit, positions the company well in the competitive IT services landscape. The company's focus on digital transformation services and its strong presence in key markets like the UK and Europe are expected to drive future growth.

Mastek continues to leverage its expertise in cloud, data, and digital services to help clients navigate their digital transformation journeys. The company's ability to maintain robust growth in a dynamic market environment bodes well for the coming quarters.

Mastek , a leading digital transformation services provider, has announced the launch of 'Adopt.AI', a comprehensive artificial intelligence (AI) solutions package. This innovative offering is designed to propel businesses forward in their AI adoption journey, enabling them to harness the power of AI technologies more effectively and efficiently.

Accelerating Innovation with 'Adopt.AI'

The 'Adopt.AI' package is Mastek's strategic response to the growing demand for AI integration in business operations. It aims to address the challenges many companies face when attempting to implement AI solutions at scale. By providing a comprehensive suite of tools and services, Mastek is positioning itself as a key player in the AI transformation landscape.

Key Features of 'Adopt.AI'

While specific details of the package are yet to be disclosed, 'Adopt.AI' is expected to offer:

1. Scalable AI Solutions: Tailored to meet the needs of businesses across various industries and sizes.
2. Innovation Acceleration: Tools and methodologies to speed up the process of AI adoption and integration.
3. Customizable Integration: Flexible options to incorporate AI technologies into existing business operations.
4. Expert Support: Access to Mastek's team of AI specialists to guide the implementation process.

Implications for Businesses

The introduction of 'Adopt.AI' signifies Mastek's commitment to staying at the forefront of digital transformation services. For businesses, this new offering presents an opportunity to:

• Streamline their AI adoption process
• Reduce the complexity often associated with implementing AI technologies
• Potentially gain a competitive edge through faster and more effective AI integration

As companies increasingly look to AI to drive efficiency and innovation, Mastek's 'Adopt.AI' could prove to be a valuable asset in the rapidly evolving technological landscape.

Conclusion

The launch of 'Adopt.AI' underscores Mastek's proactive approach in addressing the growing demand for AI solutions in the business world. As more details emerge about this comprehensive package, it will be interesting to see how it shapes the AI adoption strategies of Mastek's clients and potentially influences the broader market for AI integration services.