Mindtree Q4 results: Net profit jumps 3.9% YoY to Rs 206 crore; firm announces dividend of Rs 10 per share
New Delhi: MindtreeNSE 2.00 % on Friday reported 3.9 per cent year-on-year (YoY) jump in consolidated net profit at Rs 206.2 crore for the fourth quarter ended March 31. The company had reported profit at Rs 198.4 crore in the corresponding quarter last year.
Consolidated net revenue of the company increased 11.5 per cent on a yearly basis to Rs 2,050.5 crore.
The company closed FY20 with the highest ever deal wins of $1.2 billion. “Our relentless focus and client-first approach have resulted in robust Q4 performance on multiple dimensions – revenue growth of 1.9 per cent in constant currency, expansion of operating margin by 150 basis points and record deal wins of $393 million,” said Debashis Chatterjee, Chief Executive Officer and Managing Director, Mindtree.