'This has been a landmark quarter for us with the company. Q1FY22 saw the fastest growth in the last 10 years,' says CEO Salil Parekh
The Street, however, is bullish on revenue growth prospects this year for Mindtree as well as for the midcap IT space
The growth comes on a low base as last year sales of discretionary items like aerated drinks were hit badly.
Number is below the critical no-change mark of 50 for the first time since July 2020.
For the quarter ending March, 2021, the total Income and profit after tax stood at Rs 10,816 crore and Rs 3,526 crore respectively.
New formats of chicken, biryani and Chinese offer incremental opportunities
Saraf also headed the Tata-Sikorsky joint venture in Hyderabad and worked with Deloitte Consulting and Dassault Systemes, in the United States and Europe
While revenue growth was robust in Q4, weak mix, costs dented profits
Ipca's Zerodol brand and its multiple variants used in treating pain and inflammation are an example of how this trend is playing out
One set to be largest arm by FY27, the other slower in contrast
Over the next five years, half of the companies surveyed in the country are expecting sales growth of 15% or more
Financial & energy firms shine in Q4, but slowdown hits others
Transport integration should be the ultimate goal of global integration and future growth
Headline growth of over 7% might look good when global pace is weak; underlying drivers aren't solid
It estimated that the fiscal costs of equity injections in public sector banks are manageable
The new business sub-index surged to 54.5 in August, the highest since February 2013, from 51.7