Mastek Q3FY26 Revenue at ₹905.7 Crore, Up 4.2% YoY; PAT Grows 11.2% QoQ
Mastek reported Q3FY26 revenue of ₹905.7 crore, up 4.2% YoY. Operating EBITDA margin was 16.1%, and PAT grew 11.2% QoQ to ₹108.4 crore. The 12-month order backlog increased 24.3% YoY to ₹2,658.5 crore. The company added 17 new clients and declared an interim dividend of ₹8 per share.
The results show moderate year-on-year growth and sequential improvements in key financial metrics. The increase in order backlog is a positive indicator for future revenue, but the slight QoQ revenue decline tempers the overall impact.
The company reported year-on-year revenue growth, improved operating EBITDA margin, and significant quarter-on-quarter growth in PAT. The strong increase in order backlog and addition of new clients also contribute to a positive sentiment.
Mastek Limited announced its unaudited financial results for the third quarter and nine months of FY26 ended December 31, 2025. The company reported a Q3FY26 revenue of ₹905.7 crore, a 4.2% increase year-on-year, though it saw a 3.7% quarter-on-quarter decline primarily due to furloughs and planned project go-lives. The operating EBITDA margin stood at 16.1%, up by 60 basis points quarter-on-quarter. Profit After Tax (PAT) was ₹108.4 crore, an increase of 11.2% quarter-on-quarter, with a PAT margin expansion of 149 basis points. The company's total order backlog grew by 36.6% and the 12-month order backlog grew by 24.3% year-on-year in rupee terms. Mastek added 17 new clients in the quarter, bringing the total active clients to 333. The company declared an interim dividend of 160% or ₹8 per share. The CEO, Umang Nahata, noted strong demand in the Healthcare segment and AI-led solutions globally, with 26+ new AI deals closed in the quarter. The CFO, Deepak Kedia, highlighted a strong quarter adding ₹210 crore in operating cash.
Mastek also reported significant progress in its sustainability journey, achieving an S&P Global ESG Corporate Sustainability Assessment (CSA) score of 82/100. The company received several recognitions during the quarter, including being named a Leader in Smart/Digital Factory Services by ISG, a Major Contender in Banking IT Services by Everest, and receiving a Special Mention at the ET Making AI Work Awards 2025.
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Mastek Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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