Mindtree Q4 net profit rises 49%, firm declares dividend of Rs 27/share

IT firm Mindtree on Monday reported 49% jump in net profit at Rs 473 crore for the quarter ending March 2022 as against Rs 317 crore in the year-ago period.

Revenue rose 37% to Rs 2,897 crore as compared to Rs 2,109 crore in Q4FY21.

“Our industry-leading growth through a year of rapid business and technology shifts demonstrates the relevance of our value proposition in reimagining businesses and driving digital transformation at scale,” said Debashis Chatterjee, Chief Executive Officer and Managing Director, Mindtree. “Our sequential revenue growth of 5.2% in constant currency made this our fifth consecutive quarter of 5%-plus growth in