Brief: Mastek Ltd Sept qtr consol profit nearly triples

Mastek

18/10/2016 09:44

Oct 18 (Reuters) - Mastek Ltd  MAST.NS  
    * 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 - (http://bit.ly/2ei8aES) 
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 (Bengaluru newsroom) 
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