IT Consulting & Software company Mastek announced Q2FY27 results Consolidated Financial Highlights: Revenue from Operations was recorded at Rs 1,01,868 lakh for Q2FY27, representing a sequential (QoQ) increase of 3.39% from Rs 98,525 lakh in Q1FY27, and a year-on-year (YoY) increase of 8.33% against Rs 94,037 lakh in Q2FY26. For H1FY27, Revenue from Operations stood at Rs 2,00,393 lakh compared to Rs 1,85,507 lakh in H1FY26, growing by 8.02% YoY. Total Income reached Rs 1,03,040 lakh in Q2FY27, representing an advance of 3.32% QoQ from Rs 99,728 lakh in Q1FY27, and an expansion of 7.84% YoY from Rs 95,546 lakh in Q2FY26. For H1FY27, Total Income arrived at Rs 2,02,768 lakh, showcasing an escalation of 7.81% YoY against Rs 1,88,072 lakh in H1FY26. Profit Before Tax (PBT) came in at Rs 14,146 lakh for Q2FY27, ticking up sequentially by 2.17% QoQ compared to Rs 13,846 lakh in Q1FY27, and moving up by 5.49% YoY over Rs 13,410 lakh in Q2FY26. For H1FY27, PBT was reported at Rs 27,992 lakh against Rs 25,480 lakh in H1FY26, accelerating by 9.86% YoY. Profit After Tax (PAT) landed at Rs 10,567 lakh for Q2FY27, softening marginally by 0.20% QoQ relative to Rs 10,588 lakh in Q1FY27, but achieving a growth of 8.44% YoY against Rs 9,745 lakh in Q2FY26. For H1FY27, PAT arrived at Rs 21,155 lakh compared to Rs 18,950 lakh in H1FY26, reflecting a YoY growth of 11.64%. Earnings Per Share (EPS) stood at Rs 34.08 (Basic) and Rs 33.86 (Diluted) for Q2FY27, compared to Rs 34.16 (Basic) and Rs 33.93 (Diluted) in Q1FY27, and Rs 31.48 (Basic) and Rs 31.24 (Diluted) in Q2FY26. For H1FY27, Basic EPS stood at Rs 68.24 and Diluted EPS stood at Rs 67.79. Standalone Financial Highlights: Revenue from Operations was reported at Rs 23,752 lakh for Q2FY27, displaying a sequential improvement of 7.32% QoQ over Rs 22,132 lakh in Q1FY27, and a growth of 8.77% YoY compared to Rs 21,837 lakh in Q2FY26. For H1FY27, Standalone Revenue from Operations reached Rs 45,884 lakh relative to Rs 44,732 lakh in H1FY26, translating to a YoY upturn of 2.58%. Total Income reached Rs 24,913 lakh in Q2FY27, up sequentially by 9.71% QoQ from Rs 22,709 lakh in Q1FY27, but declining YoY by 9.98% against Rs 27,674 lakh in Q2FY26. For H1FY27, Standalone Total Income was Rs 47,622 lakh against Rs 53,128 lakh in H1FY26, shifting downward by 10.36% YoY. Profit Before Tax (PBT) reached Rs 8,564 lakh for Q2FY27, soaring sequentially by 203.58% QoQ from Rs 2,821 lakh in Q1FY27, and higher by 2.38% YoY compared to Rs 8,365 lakh in Q2FY26. For H1FY27, Standalone PBT stood at Rs 11,385 lakh against Rs 14,074 lakh in H1FY26, noting a drop of 19.11% YoY. Profit After Tax (PAT) reached Rs 6,222 lakh for Q2FY27, marking a substantial increase of 199.13% QoQ from Rs 2,080 lakh in Q1FY27, but shrinking by 17.26% YoY relative to Rs 7,520 lakh in Q2FY26. For H1FY27, Standalone PAT stood at Rs 8,302 lakh compared to Rs 11,709 lakh in H1FY26, down by 29.10% YoY. Earnings Per Share (EPS) stood at Rs 20.07 (Basic) and Rs 19.94 (Diluted) for Q2FY27, up sequentially against Rs 6.71 (Basic) and Rs 6.66 (Diluted) in Q1FY27, but down YoY from Rs 24.29 (Basic) and Rs 24.11 (Diluted) in Q2FY26. For H1FY27, Basic EPS stood at Rs 26.78 and Diluted EPS stood at Rs 26.60. Business Highlights: Segment-Wise Performance: UK & Europe Operations segment revenue was Rs 69,124 lakh in Q2FY27, gaining from Rs 66,371 lakh in Q1FY27 and Rs 60,622 lakh in Q2FY26. Segment results generated a profit of Rs 12,532 lakh in Q2FY27, down sequentially from Rs 13,246 lakh in Q1FY27, but up over Rs 11,785 lakh in Q2FY26. For H1FY27, segment revenue reached Rs 1,35,495 lakh and segment profits stood at Rs 15,778 lakh. North America Operations segment revenue was Rs 21,556 lakh in Q2FY27, up from Rs 21,354 lakh in Q1FY27 and Rs 21,275 lakh in Q2FY26. Segment results brought in a profit of Rs 767 lakh in Q2FY27, compared to Rs 947 lakh in Q1FY27 and Rs 1,591 lakh in Q2FY26. For H1FY27, segment revenue reached Rs 42,910 lakh and segment profits stood at Rs 1,714 lakh. AMEA (includes Middle East region, South-east Asia, India, Singapore, and Australia) segment revenue stood at Rs 11,188 lakh in Q2FY27, shifting from Rs 10,800 lakh in Q1FY27 and Rs 12,140 lakh in Q2FY26. Segment results produced a profit of Rs 250 lakh in Q2FY27, against Rs 194 lakh in Q1FY27 and Rs 370 lakh in Q2FY26. For H1FY27, segment revenue reached Rs 21,988 lakh and segment profits stood at Rs 444 lakh. Umang Nahata, Chief Executive Officer, Mastek, said: We are leading Mastek into an AI-transformational company in select verticals. Our AI-led solutions are gaining high traction with our customers. At the same time, we are also driving several use cases within Mastek to evolve Mastek into an AI Native organization. UK & Europe business continues to deliver strongly with 4.1% sequential revenue growth in rupee terms backed by good momentum in financial services and public sector. NA business also grew sequentially and delivered a strong order book with positive momentum to grow in future quarters. Middle East continues to be impacted by geopolitical uncertainties. Overall, our long-term outlook remains positive, powered by growth in Data & AI business. Deepak Kedia, Chief Financial Officer, Mastek, said: We delivered a strong quarter despite continuing macro challenges with 2.4% constant currency revenue growth. Our EBIDTA performance was 14.4%. impacted by annual increment. We continue to drive AI-led productivity and remain focused on operational efficiency and disciplined cost management. We see consistent improvement in our cash position which provides a strong war chest for strategic investments. Result PDF