Mindtree Q1 results: Net profit up 130% to Rs 213 crore

Pune: Mid-size IT services provider Mindtree NSE 2.12 % said on Tuesday net profit grew about 130% in the first quarter to Rs 213 crore. Profit was also 3.3% higher sequentially, it said.

Revenue for the quarter ended June 30 rose 4.1% year-on-year to Rs 1,908.8 crore but was down 6.9% sequentially.

Dollar revenue rose 4.1% to $253.2 million but fell 9% quarter-on-quarter.