Mindtree Q3 net profit up 63% on foreign exchange gains

Mid-tier IT company Mindtree on Friday posted y-o-y growth of 63% in net profit for the quarter ended December, helped largely by forex gains.

Mid-tier IT company Mindtree on Friday posted y-o-y growth of 63% in net profit for the quarter ended December, helped largely by forex gains. The company reported net profit of R98.8 crore as against R60.6 crore a year ago. Revenue for the quarter grew 13.5% to R590 crore on a y-o-y basis. Its shares closed at R755.95, up by 1.47% on the BSE on Friday.

Get live Share Market updates, Stock Market Quotes, and the latest India News and business news on Financial Express. Download the Financial Express App for the latest finance news.

First published on: 19-01-2013 at 02:33 IST
Market Data
Market Data
Today’s Most Popular Stories ×