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Shares of Mindtree surged 9 per cent to hit a new high of Rs 2,721 on the BSE in intra-day trade on Wednesday after the information technology (IT) consulting and services company reported a healthy set of numbers for the quarter ended June 2021 (Q1FY22). Mindtree reported a net profit of Rs 343.4 crore for Q1FY22, an increase of 61.2 per cent year-on-year (YoY). Sequentially, profits grew 8.2 per cent. Broad-based growth across verticals and geographies saw the company’s revenue rise by 20.1 per cent YoY at Rs 2,291.7 crore for the quarter. Quarter-on-quarter (QoQ), the company’s revenue was up 8.6 per cent. In dollar terms, Mindtree’s revenue grew 7.7 per cent sequentially and profit was up by 7.5 per cent.

Debashis chatterjeeChief executive officerManaging directorMindtree mindsடெபாசிஸ் சாட்டர்ஜிதலைமை நிர்வாகி அதிகாரிநிர்வகித்தல் இயக்குனர்மிண்டத்திரீ மனங்கள்