Mindtree September quarter net profit down 34.6% YoY to Rs 135 cr

IT firm Mindtree on Wednesday reported a 34.6 per cent decline (YoY) in consolidated net profit at Rs 135 crore for the September quarter. 

The company had posted a net profit of Rs 206.3 crore in the same period last year, Mindtree said in a regulatory filing.

The Bengaluru-based company saw its revenue grow 9.1 per cent to Rs 1,914.3 crore in the quarter under review from Rs 1,755.4 crore in the year-ago period, it added.

In dollar terms, the net profit declined 34.1 per cent to $19.2 million, while revenue increased 10 per cent to $271 million in the said quarter over