Mastek’s Q4FY25 results reveal a mixed performance, with a 14.1% YoY decline in net profit to Rs 81.1 crore, despite a healthy 16.6% YoY growth in revenue from operations. The board proposed a final dividend of Rs 16 per share. While revenue rose, profitability margins narrowed, and EBITDA softened, reflecting a contraction in operating EBITDA margin.
US Stock Market: Wall Street indexes hit record highs as oil falls with Strait of Hormuz declared open
Major US stock indices, including the S&P 500 and Nasdaq, closed at record highs Friday, fueled by optimism over Iran’s decision to open the Strait