Mindtree Q2 profit rises 31.5% to Rs124.7 crore - News Summed Up

Mindtree Q2 profit rises 31.5% to Rs124.7 crore


Mindtree’s board of directors recommend an interim dividend of 20% and a special dividend of 20% on completion of 10 years of IPO. Photo: Aniruddha Chowdhury/MintNew Delhi: IT firm Mindtree on Wednesday reported 31.5% increase in net profit to Rs124.7 crore in the second quarter ended 30 September 2017. The company had posted a net profit of Rs94.8 crore in the same period a year ago. The total income of Mindtree rose 6% to Rs1,391.4 crore in July-September quarter from Rs1,312.4 crore in the same period of previous fiscal. Shares of Mindtree closed at Rs506.95 per scrip, up 0.83% at BSE today.


Source: Mint October 25, 2017 12:22 UTC



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