Mindtree to declare Q1 results today; here's what leading brokerages expect

Mindtree, the mid-sized IT services firm, is slated to announce its June quarter (April-June) results for the financial year 2019-20 (FY20) on Wednesday. It will be the first corporate results announcement by the company since the engineering and construction major Larsen & Toubro (L&T) got into the driver's seat with 60.06 per cent stake. 

In its annual general meeting (AGM) held on Tuesday, the shareholders of Mindtree, including the new promoter Larsen and Toubro (L&T), approved the proposal for a special dividend of Rs 20 per share for FY2019. L&T's Managing Director (MD) & Chief Executive Officer (CEO) SN Subrahmanyan