Mastek shares will trade ex-dividend today, January 24, 2025. The company declared a dividend of ₹7 per share, with the announcement made on January 16, 2025. Eligible shareholders will receive the payout.
| Announced Date | Ex-Date | Dividend (₹) |
| January 16, 2025 | January 24, 2025 | 7 |
| April 26, 2024 | September 18, 2024 | 12 |
| January 12, 2024 | January 25, 2024 | 7 |
| April 19, 2023 | September 18, 2023 | 12 |
| January 17, 2023 | February 1, 2023 | 7 |
Mastek reported strong results for Q3 FY25, with a 25.74% year-on-year (YoY) increase in profit, reaching ₹94.71 crore. The company’s revenue also rose by 10.87% YoY, totalling ₹869.53 crore. However, compared to the previous quarter, revenue showed a modest 0.25% growth, while profit decreased by 26.38%.
In terms of expenses, Selling, General, and Administrative costs declined by 2.92% on a quarterly basis but saw a YoY increase of 7.06%. Mastek’s operating income also faced a slight drop of 5.14% from the previous quarter, though it marked a 14.65% increase YoY. The company reported a diluted earnings per share (EPS) of ₹29.39, a 21% YoY increase.
Despite challenges in the market, Mastek’s resilience is evident, with a market capitalisation of ₹8,464.79 crore as of January 17, 2025, the day it declared Q3 results. However, the stock experienced some volatility, with a 52-week high of ₹3,375 and a low of ₹2,137.55.
Mastek’s share price traded 1.68% lower at ₹2,655.50 at 9:50 AM on the NSE, after opening at ₹2,705, compared to ₹2,707.95 at the previous close. This follows a 3.78% gain in yesterday’s session, which ended a three-day losing streak.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 24, 2025, 9:58 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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