IT software Products Company had profit of Rs 7.65 crore in September quarter. It had profit of Rs 79 lakh in Q3FY16.
In rupee term, the operating income was flat at Rs 126 crore and an increase of 6.9% in constant currency terms. The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) margin improved 136 basis points to 12.1% in Q3FY17.
“The company has 12-month order backlog of Rs 227 crore in Q3FY17 as compared to Rs 220 crore at the end of Q2FY17,” Mastek said in a press release.
At 03:04 pm; the stock was up 9% at Rs 192 on the BSE. The trading volumes on the counter jumped more than 10-fold with a combined 4.83 million shares changed hands on the BSE and NSE so far.
To read the full story, Subscribe Now at just Rs 249 a month
Already a subscriber? Log in
Subscribe To BS Premium
₹249
Renews automatically
₹1699₹1999
Opt for auto renewal and save Rs. 300 Renews automatically
₹1999
What you get on BS Premium?
-
Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
-
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
Need More Information - write to us at assist@bsmail.in