{
  "id": 16566993,
  "title": "Earnings call transcript: Mastek misses Q2 2026 EPS as shares slide 6.8%",
  "url": "https://urgent.news/2026/10/26/earnings-call-transcript-mastek-misses-q2-2026-eps-as-shares-slide-6-8",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T06:42:00.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-mastek-misses-q2-2026-eps-as-shares-slide-68-93CH-4971471"
  },
  "original_language": "en",
  "account": "Mastek reported Q2 2026 fiscal results that met revenue expectations but fell short of EPS forecasts, leading to a 6.8% slide in shares. The company posted 33 INR per share earnings, missing the 33.19 INR forecast by 0.19, or 0.57%. Revenue amounted to 10.17 billion INR, exactly matching estimates. Revenue grew 8.3% year over year in rupee terms, reaching INR 1,018.7 crore for the first time. Operating EBITDA margin declined to 14.4%, down 96 basis points from the prior quarter. The 12-month order backlog fell 7.7% sequentially but was up year over year. Over 40% of deals in the quarter were AI-related, signaling a shift in the business mix. Despite delays and weaker performance in the Middle East, Management expects FY 2027 to outperform FY 2026. The stock fell 6.76% to $1,642.50 from $1,761.60, below its 52-week high. Investors focused more on margin compression, delayed deal starts, and weaker order-book conversion than the small EPS miss. Management remains optimistic about the second half of FY 2027 and the company's AI transformation strategy.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}