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Mindtree reports 33% jump in Q2 net profit

17 Oct 2012 Evaluate

Mindtree has reported results for second quarter ended September 30, 2012.

The company has posted a rise of 32.97% in its net profit at Rs 72.20 crore for the quarter ended September 30, 2012 as compared to Rs 54.30 crore for the same quarter in the previous year. Total income has increased by 30.57% at Rs 596.30 crore for quarter under review as compared to Rs 456.70 crore for the quarter ended September 30, 2011.

MindTree has recommended an interim dividend of 30% (Rs 3 per share of par value Rs 10 each) for the six months ended September 30, 2012.

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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