Mastek aims to restore 17-19% margin range in FY26

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IT company, Mastek Vice Chairman and Managing Director Ashank Desai said the company is focused on improving profitability and hopes to return to the 17-19% margin range in the fiscal year 2025-26 (FY26).

“We want to move back to that number we had,” Desai said, referring to the target margin range. “There has been a focus on improving profitability in-house… we are very confident we will do better than last year.”

While the company is still investing in future growth, the aspiration remains to bring margins closer to previous levels.

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Mastek aims to restore 17-19% margin range in FY26


IT company, Mastek Vice Chairman and Managing Director Ashank Desai said the company is focused on improving profitability and hopes to return to the 17-19% margin range in the fiscal year 2025-26 (FY26).

“We want to move back to that number we had,” Desai said, referring to the target margin range. “There has been a focus on improving profitability in-house… we are very confident we will do better than last year.”

While the company is still investing in future growth, the aspiration remains to bring margins closer to previous levels.

In the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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