'
Mastek hosted conference call on July 21, 2025. In the conference call, the company
was represented by Mr Ashank Desai –Founder and Chairman and Mr Abhishek Singh
UKI and Europe.
Key Takeaways of the
call
The company had a strong
beginning for FY26 with a lot of expectations, a lot of green shoots, and a lot
of initiatives which the company will try to convert the same into revenues and
profitability.
Q1FY2026:
Revenue grew by 12.5% yoy in
rupee terms to Rs 915 crore. This was despite all the headwinds and macro
situations that the company experiencing in the major geographies that it operates
in-the tariff-related situation which impacts retailers in the U.S. market, the
impact of war and uncertainty in the European market.
The growth in revenues was also
driven by the company’s Enterprise business.
UK and Europe: UK market is performing well for the company over
t...
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