Mastek Limited — Investor Meet, 24-10-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Mastek reported Q2 FY'26 operating revenue of INR 940 Cr (+8.4% YoY), with operational EBITDA at INR 145.5 Cr (15.5% margin) and net profit of INR 97.4 Cr (+6% QoQ). The 12-month order backlog grew 6.8% YoY to $280 million. Cash and equivalents increased to INR 656 Cr, and DSO improved to 80 days. Management remains confident despite macro uncertainties, focusing on geo diversity, AI integration, and mid-market leadership. The UK saw strong demand with significant AI-led deals, and North America is undergoing leadership changes for future growth. AI-led efficiency and business transformation are central to the strategy, balancing client value with internal investments for long-term potential.