Mindtree Q2 Results

It reported 34.6 per cent decline in its net profit at Rs 135 crore for the second quarter of FY20 when compared with the corresponding period of the previous financial year.

Deal pipeline remains strong, company expects to improve growth in H2

The Bengaluru-based company saw its revenue grow 9.1 per cent to Rs 1,914.3 crore in the quarter under review from Rs 1,755.4 crore in the year-ago period, it added

Growth metrics expected to surpass peers; valuations on the higher side

The company closed the quarter with 327 active clients and workforce of 16,910 people