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MindTree reports 27% fall in Q3 consolidated net profit

19 Jan 2017 Evaluate

MindTree has reported results for third quarter ended December 31, 2016. 

The company has reported 15.67% fall in its net profit at Rs 118.40 crore for the quarter under review as compared to Rs 140.40 crore for the same quarter in the previous year. However, total income of the company increased by 5.64% at Rs 1187.10 crore for the quarter under review as compared Rs 1123.70 crore for the corresponding quarter previous year.    

On the consolidated basis, the company has reported 26.72% fall in its net profit at Rs 103.10 crore for the quarter ended December 31, 2016 as compared to Rs 140.70 crore for the same quarter in the previous year. However, total income of the company increased by 7.32% to Rs 1306.50 crore for quarter under review from Rs 1217.40 crore for the quarter ended December 31, 2015.

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