Mastek Limited — Updates, 18-10-2024: Press Release

Mastek Limited reported a Q2FY25 revenue of ₹867 crore, reflecting a 6.7% increase from the previous quarter and 13.3% year-on-year growth. The operating EBITDA margin improved to 16.5%, up 125 bps QoQ. The company’s order backlog rose by 17.9% year-on-year to ₹2,195 crore. Additionally, Mastek won several contracts across healthcare, education, and energy sectors, enhancing its operational efficiency. They continue focusing on AI-driven solutions and digital transformation initiatives.