Mindtree standalone net profit declines 31.52% in the March 2017 quarter

Sales decline 0.40% to Rs 1196.30 crore

Net profit of Mindtree declined 31.52% to Rs 113.20 crore in the quarter ended March 2017 as against Rs 165.30 crore during the previous quarter ended March 2016. Sales declined 0.40% to Rs 1196.30 crore in the quarter ended March 2017 as against Rs 1201.10 crore during the previous quarter ended March 2016.

For the full year,net profit declined 15.82% to Rs 489.10 crore in the year ended March 2017 as against Rs 581.00 crore during the previous year ended March 2016. Sales rose 9.51% to Rs 4752.60 crore in the year ended March 2017 as against Rs 4339.80 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1196.301201.10 0 4752.604339.80 10 OPM %14.2118.77 -15.1618.46 - PBDT178.70246.70 -28 764.80882.70 -13 PBT145.10212.60 -32 631.70750.90 -16 NP113.20165.30 -32 489.10581.00 -16

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