Mastek's Q3FY26 saw revenue at Rs 905.7 Cr, up 4.2% YoY, though slightly lower QoQ due to seasonal factors.
Profit After Tax (PAT) jumped 14.4% YoY to Rs 108.4 Cr, with Operating EBITDA margin improving to 16.1%. The 12-month order backlog is strong, growing 24.3% YoY to Rs 2,658.5 Cr, indicating good future visibility.
The company is heavily investing in an "AI-first" strategy, closing 26+ new AI-led engagements this quarter.
This focus on Generative and Agentic AI, backed by their ADOPT AI framework, is a core growth driver, especially in healthcare and other global segments.
Mastek added 17 new clients and declared an interim dividend of Rs 8 per share.
Cash balance is healthy at Rs 798.8 Cr.
Management remains confident in their strategy for sustainable, profitable growth despite current headwinds.
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