Mindtree Q4 profit up 53% YoY to Rs 317 cr; declares dividend of Rs 17.5/sh

For the year, Mindtree delivered revenues of $1,076.5 million and margin expansion of 680 bps, while increasing their order book by 12.3 per cent

Mid-tier IT firm Mindtree on Friday reported a consolidated net profit of Rs 317.3 crore for the March quarter of fiscal year 2020-21 (Q4FY21), up 53.4 per cent from previous year’s profit of Rs 206.2 crore. On a sequential basis, however, the PAT slipped 2.9 per cent from Rs 326.5 crore.
 

Its revenue from operations stood, in rupee terms, at Rs 2,109.3 crore, clocking an improvement of 3 per cent YoY from Rs 2,050.5 core reported in Q4FY20. The same was up 4.2 per cent QoQ from Rs 2,023.7 crore logged in the December quarter of the current fiscal.
 

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