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MindTree reports 7.45% jump in Q1 net profit

21 Jul 2011 Evaluate

MindTree has reported results for its first quarter ended June 30, 2011

The company’s net profit for the quarter has surged by 7.45% at Rs 34.60 crore as compared to Rs 32.20 crore for the quarter ended June 30, 2010. Its total income from operation has increased by 5.60% to Rs 413.10 crore for the quarter under review from Rs 391.20 crore for the corresponding 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 2454.40
Infosys 1127.65
HCL Technologies 1364.95
Wipro 182.55
Tech Mahindra 1764.50
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