Mastek Limited , a global provider of enterprise AI, digital, and cloud services, has announced robust financial results for the second quarter of fiscal year 2026, ended September 30, 2025. The company's performance reflects its successful AI-led growth strategy and expanding presence in key markets.

Financial Highlights

• Revenue from operations increased by 8.4% year-over-year to ₹940.40 crore
• Operating EBITDA grew by 6.0% quarter-on-quarter to ₹145.50 crore
• Net profit rose by 5.9% quarter-on-quarter to ₹97.40 crore
• 12-month order backlog expanded by 13.2% year-over-year to ₹2,484.30 crore

Operational Performance

Mastek's growth was primarily driven by strong traction in the UK and Europe markets, particularly in healthcare and secured government services. The company reported continued momentum across Digital Engineering and Data, Automation, & AI-led transformation programs.

AI-Driven Strategy

The company secured over 25 new AI deals during the quarter, demonstrating its commitment to AI-led services. Mastek is currently engaged in nearly 100 active projects where it is delivering tangible ROI gains through Generative and Agentic AI implementations.

Market-Wise Performance

Management Commentary

Umang Nahata, Chief Executive Officer of Mastek, commented on the results: "We are pleased to deliver another quarter of consistent performance, with revenue growing 2.8% Q-o-Q in rupee terms. Our AI-led services continue to gain significant traction with close to 100 active engagements where we are delivering tangible ROI gains deploying Generative and Agentic AI."

Nahata also highlighted the company's strengthening position in the healthcare ecosystem, particularly in the UK, where Mastek is involved in modernizing and enabling secure, cloud-native, patient-centric environments.

Future Outlook

With strong AI momentum and trusted client relationships, Mastek's management expressed confidence in delivering sustainable and profitable long-term growth. The company's focus on AI-driven innovation and its strategic partnerships with industry leaders such as Oracle, Salesforce, Microsoft, AWS, Snowflake, and Databricks position it well for future growth in key sectors including Public Sector, Healthcare, Retail, Manufacturing, Higher Education, and Financial Services.

Mastek's performance in Q2 FY26 underscores its successful execution of an AI-first approach, integrating intelligence across its solutions and operations to accelerate transformation for its clients.

Mastek Limited , a global digital transformation services provider, has released its unaudited consolidated and standalone financial results for the second quarter and first half of fiscal year 2026, ending September 30, 2025. The company demonstrated revenue growth but experienced a decline in net profit compared to the previous year.

Financial Highlights

For the six-month period:

Regional Performance

Mastek's operations across different regions contributed to its Q2 FY2026 revenue as follows:

Analysis

Mastek Limited has shown a mixed performance in the second quarter of FY2026. While the company achieved notable revenue growth, both in the quarterly and half-yearly comparisons, it faced challenges in maintaining profit levels.

The consolidated revenue from operations increased by 8.4% year-over-year in Q2, rising from ₹86,739.00 lakhs to ₹94,037.00 lakhs. This growth trend was also reflected in the half-yearly results, with a 10.4% increase in revenue.

However, the company experienced a significant decline in net profit. Q2 FY2026 saw a 24.3% decrease in net profit compared to the same quarter in the previous year, dropping from ₹12,865.00 lakhs to ₹9,745.00 lakhs. The half-yearly results also showed a 5.3% decrease in net profit.

Mastek's operations in the UK & Europe emerged as the strongest contributor to its Q2 revenue, followed by North America and the AMEA region. This geographical diversity in revenue streams may help the company in managing market-specific challenges.

Despite the profit decline, Mastek reported a basic earnings per share of ₹31.48 for Q2 and ₹61.23 for the half-year period, indicating continued profitability.

The contrasting trends of revenue growth and profit decline suggest that Mastek may be facing increased costs or competitive pressures. The company's ability to maintain revenue growth while addressing profitability challenges will be crucial in the coming quarters.