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Mindtree strengthens on reporting 87% rise in Q4 consolidated net profit

19 Apr 2018 Evaluate

Mindtree is currently trading at Rs. 887.45, up by 21.15 points or 2.44% from its previous closing of Rs. 866.30 on the BSE.

The scrip opened at Rs. 898.00 and has touched a high and low of Rs. 898.00 and Rs. 880.00 respectively. So far 1,73,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 898.00 on 19-Apr-2018 and a 52 week low of Rs. 436.00 on 20-Apr-2017.

Last one week high and low of the scrip stood at Rs. 898.00 and Rs. 831.00 respectively. The current market cap of the company is Rs. 14,536.00 crore.

The promoters holding in the company stood at 13.37%, while Institutions and Non-Institutions held 50.62% and 36.00% respectively.

Mindtree has reported a rise of 79.46% in its net profit at Rs 191.30 crore for the quarter ended March 31, 2018 as compared to Rs 106.60 crore for the same quarter in the previous year. Total income of the company has increased by 16.07% at Rs 1487.50 crore for quarter under review as compared to Rs 1281.60 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported a rise of 87.45% in its net profit at Rs 182.20 crore for the quarter ended March 31, 2018 as compared to Rs 97.20 crore for the corresponding quarter in the FY17. Total income of the company rose 14.40% at Rs 1523.10 crore for quarter under review as compared to Rs 1331.40 crore for the same quarter ended previous year. 

For the year ended March 31, 2018, the company has posted a rise of 40.11% in its net profit at Rs 624.90 crore as compared to Rs 446 crore for the same period in the previous year. Total income of company increased 8.25% at Rs 5515.10 crore for year under review as compared to Rs 5094.90 crore for the period ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted rise of 36.19% in its net profit at Rs 570.10 crore as compared to Rs 418.60 crore for the same period in the previous year. Total income of company has increased by 6.83% at Rs 5653 crore for year under review as compared to Rs 5291.70 crore for the period ended March 31, 2017.

Mindtree Share Price

3433.35 0.00 (0.00%)
22-Nov-2022 18:01 View Price Chart
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