Shares of Mindtree surged 9 per cent to hit a new high of Rs 2,721 on the BSE in intra-day trade on Wednesday after the information technology (IT) consulting and services company reported a healthy set of numbers for the quarter ended June 2021 (Q1FY22). Mindtree reported a net profit of Rs 343.4 crore for Q1FY22, an increase of 61.2 per cent year-on-year (YoY). Sequentially, profits grew 8.2 per cent. Broad-based growth across verticals and geographies saw the company’s revenue rise by 20.1 per cent YoY at Rs 2,291.7 crore for the quarter. Quarter-on-quarter (QoQ), the company’s revenue was up 8.6 per cent. In dollar terms, Mindtree’s revenue grew 7.7 per cent sequentially and profit was up by 7.5 per cent.