Conference Call with Mastek Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
IT Consulting & Software company Mastek announced Q3FY25 results Q3FY25 revenue at Rs 869.5 crore, up by 10.9% YoY. PAT at Rs 94.7 crore, up 21.8% YoY. PAT margin: 10.8% for Q3FY25. Healthcare vertical grew by 19.6% QoQ. Declared Interim Dividend of 140%. Umang Nahata, Chief Executive Officer, Mastek, said: “We are pleased to report a stable performance in a seasonally weak quarter with revenue growth of 10.9% on YoY basis. Our UK & Europe business continues to be a key growth driver, we are seeing good momentum in healthcare, private sector including Europe. Our US business delivered steady performance with good improvement in EBITDA. We continue to steer Mastek to become an AI focused company. We expect to drive higher efficiency in delivery execution over the next four quarters using AI enabled platforms and tools. We are building a state-of-the-art AI engineering and SLM practice which will deliver business impacting AI solutions to our customers as well as continue to enhance our internal AI adoption. While geopolitical uncertainties remain on our radar, our focus on strategic growth pillars positions us well for sustainable growth.” Arun Agarwal, Chief Financial Officer, Mastek, said: “We reported operating EBITDA of 16.2%, after taking full quarter impact of wage hikes and furloughs backed by our disciplined and consistent execution. In Q3FY25, we added 10 new clients, bringing our total active clients to 351 versus 380 last quarter, reflecting a deeper account mining and high revenue per account. We have declared an interim dividend of 140% or Rs 7 per share. We continue to remain focused on productivity and prudent resource allocation to ensure profitable growth going forward.” Result PDF