MindTree reports 4% fall in Q1 consolidated net profit

18 Jul 2016

MindTree has reported results for first quarter ended June 30, 2016.

The company has reported 11.42% rise in its net profit at Rs 143.40 crore for the quarter ended June 30, 2016 as compared to Rs 128.70 crore for the same quarter in the previous year. The company’s total income increased 25.86% to Rs 1222.10 crore for the quarter under review from Rs 971.00 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 3.74% fall in its net profit Rs 123.50 crore for the quarter ended June 30, 2016 as compared to Rs 128.30 crore for the same quarter in the previous year. However, total income of the company increased 35.17% to Rs 1338.60 crore for quarter under review from Rs 990.30 crore for the quarter ended June 30, 2015.

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