Mindtree Q1 Results: Net Profit Jumps 37.3% YoY to Rs 471.6 Crore; Revenue Up 36.2%

IT company Mindtree on Wednesday reported a jump of 37.3 per cent year-on-year in its net profit to Rs 471.6 crore for the June 2022 quarter. Its revenue also witnessed an increase of 36.2 per cent year-on-year to Rs 3,121.1 crore during April-June 2022.

Its net profit had stood at Rs 3,434 crore in the corresponding quarter last year.

On a quarterly basis, the company posted a fall of 0.3 per cent in its net profit from Rs 473.1 crore in the previous quarter, whereas its revenue declined 7.7 per cent as compared with Rs 2,897.4 in the March 2022 quarter.

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