MindTree Q4 net jumps 14% to Rs 79 crore, Latest stock price
Mindtree 's fourth quarter net profit tumbled 20 percent quarter-on-quarter (up 14 percent year-on-year) to Rs 79 crore.
Its revenue for the Jan-March quarter rose 4 percent sequentially (17 percent YoY) to Rs 612 crore. In Dollar terms, its revenue was up 3 percent QoQ (8 percent YoY) to USD 113 million.
It had a foreign exchange loss of Rs 15 crore in Jan-March, compared with a gain of Rs 14 crore in Oct-Dec.
Mindtree added 974 employees on a gross basis in the fourth quarter and as of March 31, had 11,591 employees. It had 232 active customers as of March 31 and USD 20 million customers increased to 5 (added 1 customer in Q4).
For the full year, Mindtree's net profit was up 55 percent to Rs 339 crore and revenue rose 23 percent to Rs 2,362 crore.
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