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MindTree reports 78% rise in Q2 consolidated net profit

17 Oct 2013 Evaluate

MindTree has reported results for the second quarter ended September 30, 2013.

On standalone basis, the company has reported 78.25% rise in its net profit at Rs 128.70 crore for the quarter as compared to Rs 72.20 crore for the same quarter in the previous year.  Total income of the company has increased by 29.06% at Rs 769.60 crore for quarter under review as compared to Rs 596.30 crore for the quarter ended September 30, 2012.

On consolidated basis, the company’s net profit for the quarter under review registered 77.76% growth at Rs 128.70 crore against Rs 72.40 crore in the September quarter of previous fiscal.  Total income has risen by 29.06% at Rs 769.60 crore for the quarter from Rs 596.30 crore in the similar quarter of previous year.

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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