Mindtree beats estimates with 27.5% profit growth in Q2

Mindtree’s net profit rose 27.5% to Rs 508.7 crore in the fiscal second quarter, led by cost optimisation measures and strong demand, beating analyst estimates.

But the mid-tier software services provider joined larger peers Tata Consultancy Services (TCS) and Infosys in flagging concerns about the macro-economic environment, and its impact on business.