Mastek Q2 net at Rs 102 million, income at Rs 342 million
By Pradeep Rane | 09 Oct 2002
Mumbai: Mastek has posted a net profit of Rs 102 million for the quarter ended 30 September 2002 as compared to Rs 16.20 million for the quarter ended 30 September 2001.
The total income has increased from Rs 198.1 million in the quarter ended 30 September 2001 to Rs 341.6 million in the quarter ended 30 September 2002.
Commenting on the performance, Mastek chairman and managing director Ashank Desai says the Mastek group has posted a net profit of Rs 152.5 million for quarter ended 30 September 2002 as against Rs 41.1 million achieved during the corresponding quarter the previous year.
The total income is at Rs 916.3 million for the first quarter ended 30 September 2002 as against Rs 639.5 million achieved during the quarter ended 30 September 2001.