Mindtree shines on reporting 61% rise in Q1 consolidated net profit
Mindtree is currently trading at Rs. 2699.55, up by 204.80 points or 8.21% from its previous closing of Rs. 2494.75 on the BSE.
The scrip opened at Rs. 2619.00 and has touched a high and low of Rs. 2725.00 and Rs. 2564.95 respectively. So far 196437 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2,725.00 on 14-Jul-2021 and a 52 week low of Rs. 963.30 on 15-Jul-2020.
Last one week high and low of the scrip stood at Rs. 2,725.00 and Rs. 2457.55 respectively. The current market cap of the company is Rs. 44314.54 crore.
The promoters holding in the company stood at 61.03%, while Institutions and Non-Institutions held 24.78% and 14.19% respectively.
Mindtree has reported results for first quarter ended June 30, 2021.
The company has reported 61.27% rise in its net profit of Rs 343.50 crore for the quarter under review as compared to net profit of Rs 213.00 crore for the same quarter in the previous year. Total income of the company increased by 21.24% at Rs 2363.50 crore for Q1FY22 as compared Rs 1949.40 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 61.22% rise in its net profit of Rs 343.40 crore for the quarter under review as against net profit of Rs 213.00 crore for the same quarter in the previous year. Total income of the company increased by 21.24% at Rs 2363.50 crore for Q1FY22 as compared Rs 1949.40 crore for the corresponding quarter previous year.