InvestorQ : How did you see the results of Mindtree announced on Friday, 16 April?
Tisha Malhotra made post

How did you see the results of Mindtree announced on Friday, 16 April?

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Aashna Tripathi answered.
8 months ago
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Mindtree reported net profit of Rs317 crore for the Mar-21 quarter, which represents a growth of 53% on a yoy basis. However, PAT was lower by 3% on a sequential basis. Total revenues for Mindtree stood at Rs.2,109 crore, a growth of just about 3%. Dollar growth in revenues was relatively better for Mindtree. EBITDA of the company grew at 21.9% on a yoy basis and its overall order book stood at around $375 million.

In terms of guidance, Mindtree is confident of maintaining revenue growth of around 5%. While EBITDA margins of the company improved from 17.1% to 21.9% on a yoy basis, the company expects this EBITDA margins to be maintained at around 20% in the coming quarters. The company has also paid out a dividend of Rs.17.50 per share. In segment terms, the Technology, Media and Communications segment contributed 50% or revenues.

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