Net profit of Mastek rose 25.74% to Rs 94.71 crore in the quarter ended December 2024 as against Rs 75.32 crore during the previous quarter ended December 2023. Sales rose 10.87% to Rs 869.53 crore in the quarter ended December 2024 as against Rs 784.27 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales869.53784.27 11 OPM %16.1817.03 - PBDT138.26123.56 12 PBT121.71101.74 20 NP94.7175.32 26 Powered by Capital Market - Live News

Mastek announced that the Board of Directors of the Company at its meeting held on 16 January 2025, inter alia, have recommended the interim dividend of Rs 7 per equity Share (i.e. 140%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Mastek has appointed Umang Nahata as the Chief Executive Officer of the Company, effective immediately. This decision reflects the Board`s confidence in Umang`s leadership and vision to lead the organization into its next phase of innovation and growth. Umang, the founder and former CEO of Evosys, successfully led its growth into a leading Oracle Cloud Partner before its acquisition by Mastek in 2020. As head of Mastek`s Oracle Services, he delivered significant growth and built enduring client relationships across geographies.Powered by Capital Market - Live News

Mastek will hold a meeting of the Board of Directors of the Company on 16 January 2025.Powered by Capital Market - Live News

Mastek has announced it has achieved the AWS WellArchitected Partner Status. This partnership status reinforces Mastek`s ongoing commitment to deliver optimal business outcomes for its clients by optimizing AWS architectures for efficiency, scalability, resilience, and cost savings. The AWS Well-Architected Framework provides essential guidance for building secure, highperforming, and efficient cloud systems. It helps cloud architects evaluate their designs against five key pillars: Operational Excellence, Security, Reliability, Performance Efficiency, Cost Optimization, and Sustainability. By leveraging this framework, Mastek empowers clients to assess their cloud environments, make informed decisions that drive innovation in today`s dynamic digital landscape.With extensive experience in cloud-native development, Mastek supports clients through every phase of their cloud journey�from strategy and design to architecture implementation, migration, and ongoing optimization. Mastek is focused on advancing its AWS capabilities, emphasizing the AWS Well-Architected Framework, Cloud Modernization, and Generative AI services allowing clients to adopt solutions that scale and evolve with their business needs.This partnership status further accelerates Mastek`s ability to deliver transformative, cloud-native solutions across industries such as healthcare, retail, and the public sector, where robust and reliable cloud infrastructure is increasingly critical to managing workloads effectively.Powered by Capital Market - Live News