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Mindtree has posted a 37.2% increase in consolidated net profit at Rs.141.5 crore, for the quarter ended 31 December,2017. Last year, in the corresponding quarter it had reported a net profit of Rs.103.1 crore.
Revenues increased 6.4% to Rs.1,377.7 crore in the December quarter, against Rs.1,295.3 crore in the corresponding quarter last year.
Rostow Ravanan, Mindtree CEO and MD stated, “Our ‘Execute Smart’ approach to delivery continues to bear fruit and contributed to a robust quarter on all fronts. By delivering fast time-to-market for our solutions, we have created even further competitive advantage for our clients.”
