Tuesday, April 17, 2012

MindTree profit surges

MindTree posted a 115.3% jump in net profit for the fourth quarter ended March 2012. The profit during the quarter stood Rs 68.9 crore compared to Rs 32 crore during the same period last year.
Revenue for Q 4 was up by 34% to Rs 525.7 crore, as against revenue of Rs 391.2 crore in the same period previous fiscal.

For the FY12, the company registered a net profit increase of 115% to Rs 218.5 crore. While revenue for the full year ended March 2012 stood at Rs 1915.2 crore.

The company declared a final dividend of Rs 1.50 per share.

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