Mindtree on Thursday reported a 31.5 per cent on year rise in consolidated revenue for the September quarter to Rs 3,400 crore. The net profit increased 27.5 per cent to Rs 509 crore.
Both the topline and bottomline were above ET Now poll of estimates of Rs 3,320 crore and Rs. 476 crore, respectively.
In constant currency terms, the revenue in the quarter rose 7.2 per cent sequentially.
TCV deal wins for the quarter grew by a sharp 44 per cent on year to $518 million. With this, Mindtree has crossed $1 billion in deal wins in April-September period.
More to come…
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