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MindTree reports stellar Q3 numbers

19 Jan 2012 Evaluate

IT Software services firm, MindTree has announced the results for the quarter ended December 31, 2011.

The company has posted a net profit of Rs 60.6 crore for the quarter ended December 2011, up 98.69% from Rs 30.5 crore in the corresponding year-ago period. Its total income has increased by 35% to Rs 519.7 crore for the quarter under review from Rs 384.8 crore for the similar quarter of the previous year.

MindTree offers IT services across the consumer goods value chain, spanning product development and manufacturing intelligence systems, supply chain execution and optimization solutions and customer and consumer management solutions.

Peers
Company Name CMP
TCS 2071.70
Infosys 1003.00
HCL Technologies 1253.70
Wipro 161.70
Tech Mahindra 1543.30
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