How were the numbers of Mindtree for the Jun-21 quarter?

Mindtree, which is now a part of the L&T group, reported 61% growth in net profit at Rs.343.40 crore for Jun-21 quarter. Even in sequential basis over Mar-21, the net profits were up in dollar terms. Revenues grew 7.7% sequentially in dollar terms during the Jun-21 quarter with Mindtree getting its maximum revenues from the CMT vertical.

The revenues from the CMT vertical are followed by the revenues from technology vertical and the BFSI vertical. In terms of geographical spread of the business volumes, North America accounts for 77% of revenues followed by Continental Europe, UK and Asia Pacific tailing behind. The company also saw its order book touching $504 million with a strong focus on the digital franchise. EBITDA margins were up nearly 210 bps at 20.3%.