 "Mastek zooms 20% on strong Q1 net profit")
Mastek is locked in upper circuit of 20% at Rs 359 on BSE with only buyers seen on the counter after the company reported more than six-fold jump in its consolidated net profit at Rs 14.66 crore in June quarter (Q1FY18).
The IT software products company had profit of Rs 2.34 crore in June 2016 quarter. It had profit of Rs 10.5 crore in March 2017 quarter.
Revenues from operations during quarter under review increased by 43.6% to Rs 186 crore from Rs 129 crore in the corresponding quarter of previous fiscal.
On constant currency terms, the
The IT software products company had profit of Rs 2.34 crore in June 2016 quarter. It had profit of Rs 10.5 crore in March 2017 quarter.
Revenues from operations during quarter under review increased by 43.6% to Rs 186 crore from Rs 129 crore in the corresponding quarter of previous fiscal.
On constant currency terms, the
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