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Mindtree consolidated net profit declines 26.75% in the March 2017 quarter

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Capital Market

Sales decline 0.17% to Rs 1318.10 crore

Net profit of Mindtree declined 26.75% to Rs 97.20 crore in the quarter ended March 2017 as against Rs 132.70 crore during the previous quarter ended March 2016. Sales declined 0.17% to Rs 1318.10 crore in the quarter ended March 2017 as against Rs 1320.30 crore during the previous quarter ended March 2016.

For the full year,net profit declined 24.24% to Rs 418.60 crore in the year ended March 2017 as against Rs 552.50 crore during the previous year ended March 2016. Sales rose 12.06% to Rs 5236.40 crore in the year ended March 2017 as against Rs 4673.00 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1318.101320.30 0 5236.404673.00 12 OPM %12.4516.56 -13.4517.57 - PBDT172.70224.30 -23 740.70888.90 -17 PBT125.90176.80 -29 554.90723.10 -23 NP97.20132.70 -27 418.60552.50 -24

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First Published: Apr 21 2017 | 4:27 PM IST

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