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April 16, 2021
Mindtree reports robust revenue growth of 5.2% q-o-q in USD; Recommends final dividend of ?17.5 per share $5 million clients grew by 1, total 44 People: Trailing 12 months attrition is 12.1% Q4 deal wins with leading global clients: Mindtree partnered with one of the leading electronic retailers to realize their omni-channel vision for their users Mindtree signed a multiyear engagement with a global leader in design and manufacturing of household appliances to transform the online retail exp...
April 16, 2021
Its net profit was at Rs 206.2 crore in the year-ago period, Mindtree said in a statement. The Bengaluru-based companys revenue increased by 2.9 per cent to Rs 2,109.3 crore in the fourth quarter of the current fiscal. It stood at Rs 2,050.5 crore in the same period a year ago. In dollar terms, the net profit was up 53.4 per cent at $43.3 million while revenue was higher by 3.5 per cent at $288.2 million compared to the year-ago period. "We are proud to deliver another strong quarter, driven...
April 16, 2021
Share this article Share this article BANGALORE, India and WARREN, N.J., April 16, 2021 /PRNewswire/ -- Mindtree, a global technology services and digital transformation company guiding its clients to achieve faster business outcomes, announced its consolidated results today for the fourth quarter ended March 31, 2021, as approved by its board of directors. "We are proud to deliver another strong quarter, driven by significant traction in our client portfolio globally, leading to revenue gr...
January 19, 2021
Mindtree share approaches record high on strong Q3 earnings Mindtree stock price has fallen 4% last week. However, the stock has risen over 13% in one month. Year-to-date the stock has gained over 1% BusinessToday.In | January 19, 2021 | Updated 14:41 IST Meanwhile, IT index on BSE was up 0.75%, in line with broader indices Sensex and Nifty that rose 1.5% today, trading near record highs Share of L&T group IT firm Mindtree were trading near record highs in Tuesdays early session after analysts...
January 18, 2021
On a consolidated basis, the IT companys net profit rose 28.7% to Rs 326.5 crore on 5% increase in revenue to Rs 2,023.7 crore in Q3 December 2020 (Q3 FY21) over Q2 September 2020 (Q2 FY21).The companys consolidated net profit jumped 65.74% and revenue rose 3% in Q3 FY21 over Q3 FY20. EBITDA grew 23.7% to Rs 467.9 crore in Q3 FY21 over Q2 FY21. Profit before tax (PBT) in Q3 FY21 stood at Rs 445.1 crore, up by 29.1% from Rs 344.7 crore in Q2 FY21. Total tax expense increased by 30.3% to Rs 118....
January 18, 2021
Mindtree Ltd Q3FY21 consolidated net profit jumps to Rs. 326.5 crore
January 18, 2021
Mindtree Q3 results: Net profit rises 66% to Rs 326.5 crore SECTIONS Last Updated: Jan 18, 2021, 06:10 PM IST Share Synopsis The company added eight new clients during the quarter and had 276 active clients at the end of the quarter. Getty Images Its total headcount was at 22,195 with a trailing 12-month attrition of 12.5%. Deal wins for the quarter were up 50.7% year on year to $312 million. Related NSE L&T group IT firm Mindtree’s net profit rose 65.7% to Rs 326.5 crore, while revenues ...
January 18, 2021
Mindtree Q3 results: Net profit surges 66% to Rs 326.5 crore; revenue up 3% Mindtree Q3 results: The consolidated revenue rose by 3 per cent to Rs 2,023.7 crore in December quarter of FY21 from Rs 1,965.3 crore in the year-ago period BusinessToday.In | January 18, 2021 | Updated 17:24 IST In dollar terms, Mindtrees net profit rose by 59.3% YoY to $44.2 million Mindtree, now a Larsen & Toubro group company, on Monday reported a 65.7 per cent jump in consolidated net profit to Rs 326.5 crore for...
January 18, 2021
Mindtree Q3 profit rises 29 pc to Rs 327 crore ANI | Updated: Jan 18, 2021 18:21 IST Bengaluru (Karnataka) [India], January 18 (ANI): L&T-owned digital transformation company Mindtree reported 28.7 per cent sequential growth in consolidated profit at Rs 327 crore for the quarter ended December 2020 as compared to Rs 254 crore in Q2 FY21. Consolidated revenue grew by 5.1 per cent quarter-on-quarter to Rs 2,024 crore and dollar revenue increased by 5 per cent...
January 18, 2021
Share this article Share this article WARREN, N.J. and BANGALORE, India, Jan. 18, 2021 /PRNewswire/ -- Mindtree, a global technology services and digital transformation company guiding its clients to achieve faster business outcomes, announced its consolidated results today for the third quarter ended December 31, 2020, as approved by its board of directors. "Our third quarter has by far been the best performing in recent years backed by broad-based revenue growth of 5.0% across our verticals ...