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Mindtree reports 41% fall in Q1 net profit

18 Jul 2019 Evaluate

Mindtree has reported results for first quarter ended June 30, 2019.

The company has reported 41.40% fall in its net profit at Rs 92.70 crore for the quarter under review as compared to Rs 158.20 crore for the same quarter in the previous year. However, total income of the company increased by 11.32% at Rs 1,856.20 crore for Q1FY20 as compared Rs 1,667.40 crore for the corresponding quarter previous year.

Mindtree delivers digital transformation and technology services from ideation to execution, enabling Global 2000 clients to outperform the competition.

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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