Mastek Q3 net profit up 7%

By siliconindia   |   Monday, 12 April 2004, 19:30 IST
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MUMBAI: Mastek Ltd has posted a net profit of Rs 5.77 crore for the quarter ended March 31, 2004 (MQ-04) as compared to a Net Profit of Rs 5.4 crore for the quarter ended March 31, 2003 (MQ-03). Total Income has increased from Rs 31.25 crore in MQ-03 to Rs 34.26 crore in MQ-04. Mastek Group (i.e Mastek & its wholly owned subsidiaries in India, USA, UK, Germany, Belgium, Singapore, Malaysia and proportionate share from its Joint Venture with Deloitte) has posted a Net Profit of Rs 10.02 crore for the Quarter ended March 31, 2004 (MQ-04) as compared to a Net Profit of Rs 16.03 crore for the Quarter ended March 31, 2003 (MQ-03). Total Income has increased from Rs 99.06 crore in MQ-03 to Rs 105.26 crore in MQ-04.