MindTree has announced its second quarter results. The company's Q2 consolidated net profit was up 56% at Rs 54.5 crore, versus Rs 34.5 crore, quarter-on-quarter, QoQ. Its net profit higher due to higher forex gain, other income, QoQ.
Its consolidated net sales in July-September were up 11% at Rs 457 crore, versus Rs 413.1 crore, in the first quarter. Second quarter margin was at 12.87%, versus 11.1%, in April-June. It had a forex gain of Rs 16.9 crore in the second quarter, versus Rs 9.14 crore, QoQ.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
