IT firm Mastek today posted a net loss of Rs 13.46 crore for the quarter ended September 31, against the net profit of Rs 26.41 crore in the same period last year.
The decline was led by foreign exchange.
The company lost Rs 3.61 crore in the July-September quarter, Mastek said in a filing to the Bombay Stock Exchange. Its total income declined to Rs 151 crore in the quarter ended September, against Rs 191 crore in the same quarter previous fiscal.