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Mindtree reports 35% fall in Q2 net profit

17 Oct 2019 Evaluate

Mindtree has reported results for second quarter ended September 30, 2019.

The company has reported 34.53% fall in its net profit at Rs 135.00 crore for the quarter under review as compared to Rs 206.20 crore for the same quarter in the previous year. However, total income of the company increased by 6.98% at Rs 1,934.00 crore for Q2FY20 as compared Rs 1807.80 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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