October 18, 2016 / 8:51 AM / a year ago

BRIEF-Mastek Ltd Sept qtr consol profit nearly triples

Oct 18 (Reuters) - Mastek Ltd

* Mastek Ltd says approves interim dividend of INR 1 per share

* Mastek Ltd - Sept quarter consol net profit 76.5 million rupees

* Mastek Ltd - Sept quarter consol total income from operations 1.26 billion rupees

* Mastek Ltd - consol net profit in sept quarter last year was 26.6 million rupees; consol total income from operations was 1.32 billion rupees

* Mastek Ltd - 12-month order backlog was 2.20 billion rupees as on Sept 30. 2016, up 1.6 percent q-o-q

* Mastek Ltd says business outlook is stable

* Mastek Ltd says “margin improvement initiatives started in prior quarters have started to yield results”

* Mastek Ltd says “expect profitability momentum to continue in H2 FY17”

* Mastek Ltd says expect topline to be under pressure due to adverse movement in GBP in H2 FY17 Source text - (bit.ly/2ei8aES) Further company coverage: (Bengaluru newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below