India’s Mastek falls after Q4 profit declines sequentially

Mastek

20/04/2026 06:48

** Shares of India's Mastek MAST.NS down 3.50% to 1,684.90 rupees

** Co posts 2% q/q drop in PAT to 1.06 bln rupees; revenue from operations up a modest 0.3% q/q in constant currency terms

** Brokerage ICICI says Mastek posted a mixed Q4FY26, and near-term growth remains moderate due to macro uncertainties

** MAST rated "buy" on avg by 5 analysts, median PT 2,450 rupees- LSEG data

** YTD stock down ~15%

 (Reporting by Devika Nair in Bengaluru)

 ((Devika.MadhusudhananNair@thomsonreuters.com;))