Mastek Limited has reported a strong financial performance for the first quarter of fiscal year 2026, ending June 30, 2025. The company announced a consolidated net profit of ₹92.05 crore, an increase of 28.74% compared to ₹71.50 crore in the same period last fiscal year. This growth reflects Mastek's strategic focus and execution in the AI and digital services sector.
Revenue from operations reached ₹914.70 crore, marking a 12.52% year-on-year increase. This financial success was mirrored in the market, with Mastek's shares rising over 9% on July 21, 2025, to ₹2,725 per share. The company's performance is significantly attributed to its strong growth in the UK and Europe, particularly within the healthcare and government services sectors.
Mastek's commitment to AI initiatives has yielded substantial results, with over 10 AI-focused deals finalized during the first quarter. The company's 12-month order backlog stood at ₹2,347.9 crore as of June 30, 2025, an 8.3% increase year-on-year. This strategic focus on cutting-edge technology positions Mastek for sustained growth and innovation.
Further solidifying its AI capabilities, Mastek has entered into a strategic partnership with Open AI. The company aims to deliver significant productivity gains for its clients through generative and agentic AI solutions. Mastek's diversified revenue streams, with substantial contributions from government and education sectors, provide a stable foundation for continued expansion and market leadership.