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Mindtree Q2 results: Net profit rises 27.5% to Rs 508 crore

The Bengaluru-headquartered company won eight key deals during the quarter. A leading financial institution in Europe selected it as its sole technology partner to accelerate digital transformation spanning data, process, and technology over the next four years.
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Debashis Chatterjee , Indtree Q2 Results , Mindtree Results , Mindtree Revenue , Mindtree Net Profit ,

Mindtree shares trade lower post Q4 results; should you buy now?

The IT firm reported a 49 per cent year-on-year rise in consolidated net profit at Rs 473.1 crore for the quarter ending 31 March, 2022 on the back of robust demand and aggressive customer mining. ....

Annual General , Mindtree Shares , Mindtree Stock , Mindtree Results ,

This stock rose 44% in 3 months, hit 52-week high today


This stock rose 44% in 3 months, hit 52-week high today
The stock has gained 159 per cent in the last 12 months and risen 39 per cent since the beginning of this year
BusinessToday.In | May 27, 2021 | Updated 16:40 IST
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Share of Mindtree rose 6 per cent to hit a fresh 52-week high of Rs 2,342.60 in intraday trade today on BSE.
The company reported a net profit of Rs 317 crore for the quarter ended March 2021 compared to Rs 326 crore in the year-ago period.
Revenue from operations grew 4.2 per cent to Rs 2,109.3 crore in the March-ended quarter against Rs 2,023 crore in the December quarter. Dollar revenue stood at $288.2 million, up 5.2 percent from the previous quarter. ....

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After 150% rally, Q3 results opened up further upside for this IT midcap firm


After 150% rally, Q3 results opened up further upside for this midcap IT firm
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But following a sharp 150 per cent rally in the stock over the past 10 months, analysts have mixed views on Mindtree s potential for further upside.
PTI
Mindtree expects deal wins to improve in the coming quarters as the pipeline remains strong, analysts said.
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NEW DELHI: This midcap IT firm has reported industry-beating numbers for the December quarter, earning a healthy earning upgrade. The company’s margin for the quarter stood at a decadal high, as was sequential revenue growth. The management commentary, too, was strong. ....

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