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Mindtree net up 45 pc quarterly, down 35 pc yearly in Q2
Leading software vendor Mindtree on Wednesday reported Rs 135 crore net profit for the second quarter (Q2) of fiscal 2019-20, registering 45 per cent sequential growth from Rs 95 crore a quarter ago.
By
migrator
migrator
Bengaluru
Net profit on annual basis, however, declined 35 per cent from Rs 206 crore in the same period last year.
In a regulatory filing on the BSE, the technology arm of engineering giant L&T said revenue for the quarter under review rose 4.4 per cent sequentially to Rs 1,914 crore from Rs 1,834 crore a quarter ago and 9 per cent yearly from Rs 1,755 crore in the like period a year ago.
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