In a Q&A, Debashis Chatterjee, who is also the firm's CEO, talks about the demand environment, merger with LTI and moonlighting
Mindtree signed total contract value (TCVs) worth $518 million, taking its first half of FY23 TCV to $1 billion for the first time ever
Analysts at the brokerage expect the company to deliver a 17 per cent dollar revenue growth annually between FY22-24
On Mindtree-L&T Infotech merger, the management said that the merger is on track
Oppo India, the Indian subsidiary of a Chinese firm, deals in various brands of mobile phones, including Oppo, OnePlus and Realme
In early trade, the stock had climbed 3% after the company registered a 49.1% jump in consolidated net profit in the fourth quarter of FY22
AU Small Finance Bank may be in focus as the company will consider bonus issue along with results on April 26.
Revenue rose 37% to Rs 2,897 crore
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Valuation at 38x estimated FY23 earnings for last year's top IT stock performer leaves little room for disappointment
'Our story about profitable growth has been fairly consistent. This is the fourth quarter of 5% plus sequential growth in constant currency,' says Debashis Chatterjee
Attrition for the quarter rose to 21.9%, from 17.7% the preceding quarter
Among sectors, the Nifty Metal index zoomed 3.5 per cent on the NSE today while the Nifty Realty index slumped 0.8 per cent
Mindtree, a global technology services and digital transformation company, announced its consolidated results today for the fourth quarter ended March 31, 2021
For the year, Mindtree delivered revenues of $1,076.5 million and margin expansion of 680 bps, while increasing their order book by 12.3 per cent
The management said the company was witnessing strong business momentum across all verticals with a significant demand for cloud, data and analytics capabilities
For the quarter under review, Mindtree posted a net profit of Rs 253.7 crore, up 87.9 per cent year-on-year (YoY) and 19.1 per cent sequentially.
The firm's revenues remained flat year-on-year at Rs 1,926 crore during the period under review and witnessed a marginal 1 per cent gain sequentially
The Bengaluru-based company saw its revenue grow marginally to Rs 1,926 crore in the quarter under review from Rs 1,914.3 crore in the year-ago period
The growth outlook of the top client and margin outlook are the key monitorables.