Mindtree Q4 net profit jumps 49%
The Hindu
Bengaluru
Bengaluru
Larsen & Toubro-owned Mindtree reported a consolidated net profit of ₹473.1 crore for the quarter ended March 2022, a year-on-year growth of 49%.
The company had posted a profit after tax of ₹317.3 crore during the corresponding year-earlier period.
In the fourth quarter, the company’s revenues were at ₹2,897.4 crore, a growth of 37% from ₹2,109.3 crore a year earlier.
CEO and MD Debashis Chatterjee said, “Mindtree’s industry-leading growth through a year of rapid business and technology shifts demonstrates the relevance of our value proposition in reimagining businesses and driving digital transformation at scale.”
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