Mastek ranks #36 in Fortune India 'Next 500' 2022 list

5 Jul 2022 , 02:15 PM

Fortune has listed Mastek in its prestigious‘Next 500’ list, a yearly ranking of top businesses. The only IT Company to be listed, Mastek recorded vociferous growth in total income during FY21 among otherIT companies in The Next 500-Fortune India’s list of India’s largest emerging companies.

Mastek was among the awardees at Fortune India’s gala event held on 24 June at The Lalit, Barakhamba Avenue, New Delhi. Chief Guest Mr Sarbananda Sonowal, Union Minister of Ports Shipping and Waterways & Union Minister of Ayush and Guests of Honour Mr Arjun Ram Meghwal, Union Minister of State for Parliamentary Affairs and Union Minister of State for Culture and Mr Amitabh Kant, CEO, NITI Aayog presented the awards to the winners

“Mastek is among THE SECTORAL STARS with outstanding performance based on growth during the previousfiscal. They have shown tremendous resilience despite a challenging economic environment in the past few years. THE NEXT 500 firms are amongst India’s largest emerging companies.”-Rajeev Dubey, Editor-in-Chief, Fortune India.

With Mastek’s 4.0 culture which was initiated by Sudhakar Ram, Founder member of the company, Mastek is moving ahead with a strong aspiration and ambition to get to a billion dollars in a few years.

“We thank Fortune India for this prestigious award. We accept this award as an appreciation of our sincere efforts to enable success for our clients, employees & society we live in. As a Trusted Turnkey Digital Engineering & Cloud Transformation Partner, we deliver business solutions & outcomes for our clients, with our industry-first approach to transform experiences for all stakeholders”—Prajakta Talvelkar, Global Head of Marketing, Mastek.

Mastek is among THE SECTORAL STARS with outstanding performance based on its growth during the previous financial year. THE NEXT 500 firms are amongst India’s largest emerging companies who have shown tremendous resilience despite a challenging economic environment in the past few years.

At around 2:20 PM, Mastek was trading at Rs2,096.15 per share down by Rs15.4 or 0.73% from its previous closing of Rs2,111.55 per share on the BSE.