Re-appointment of Mr. Suresh Vaswani (DIN: 02176528) as an IndependentDirector of the Company for a second term of 3 (three) years with effect from December 11,2025, subject to the approval of the shareholders
MASTEK · price
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Mastek Limited's Board, at its meeting on July 18, 2025, approved the unaudited consolidated and standalone financial results for the quarter ended June 30, 2025. Consolidated revenue from operations rose to Rs. 91,470 lakhs (up from Rs. 90,542 lakhs in Q4 FY25 and Rs. 81,289 lakhs in Q1 FY25), while net profit stood at Rs. 9,205 lakhs versus Rs. 7,150 lakhs a year ago. Basic EPS for the quarter came in at Rs. 29.75. The UK & Europe segment led growth with Rs. 58,318 lakhs in revenue, while North America declined to Rs. 21,134 lakhs. Separately, the Board approved the re-appointment of Mr. Suresh Vaswani as an Independent Director for a second 3-year term starting December 11, 2025, subject to shareholder approval at the upcoming AGM. Mr. Vaswani brings over three decades of experience from Dell, IBM, and Wipro, and also serves on the boards of Vodafone Idea and ICICI Prudential Life Insurance.
Strong year-on-year earnings growth and continued board stability are mildly positive signals. Re-appointment of a seasoned independent director supports governance continuity, while robust UK & Europe performance offsets weakness in North America.