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MindTree reports over 157% jump in Q1 net profit

16 Jul 2012 Evaluate

MindTree has reported results for first quarter ended June 30, 2012.

The company has registered a surge of 157.23% in its net profit at Rs 89.00 crore for the quarter under review as compared to Rs 34.60 crore for the same quarter in the previous year. Total income of the company has increased by 36.32% at Rs 563.00 crore for Q1FY13 as compared Rs 413.10 crore for the corresponding quarter 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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