Mastek has announced the results for the FY17 Q1. The company recorded a drop of 19.18 per cent in its net profit at Rs 3.58 crore for the quarter ended June 30, 2016 as compared to Rs 4.4 crore for the quarter ended June 30, 2015. The total income of the Company has declined by 2.47 per cent at Rs.130 crore for the quarter against Rs 133.3 crore in the same quarter of the previous year. The Board of Directors of the Company has approved the following business: