Mindtree Ltd posts consolidated PAT of Rs. 253.7 crore in Q2FY21

MINDTREE LTD. has reported financial results for the period ended March 31, 2020.

Financial Results (Q4 FY19-20) - QoQ Comparison

The company has reported total income of Rs.1950.5 crores during the period ended March 31, 2020 as compared to Rs.1949.4 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.253.7 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.213 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.15.40 for the period ended March 31, 2020 as compared to Rs.12.93 for the period ended December 31, 2019.

Financials	Q4 FY19-20	Q3 FY19-20	% Change
Total Income	₹ 1950.5 crs	₹ 1949.4 crs	0.06%
Net Profit	₹ 253.7 crs	₹ 213 crs	19.11%
EPS	₹ 15.40	₹ 12.93	19.1%

Financial Results (Q4 FY19-20) - YoY Comparison

The company has reported total income of Rs.1950.5 crores during the period ended March 31, 2020 as compared to Rs.1934 crores during the period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.253.7 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.135 crores for the period ended March 31, 2019.

The company has reported EPS of Rs.15.40 for the period ended March 31, 2020 as compared to Rs.8.20 for the period ended March 31, 2019.

Financials	Q4 FY19-20	Q4 FY18-19	% Change
Total Income	₹ 1950.5 crs	₹ 1934 crs	0.85%
Net Profit	₹ 253.7 crs	₹ 135 crs	87.93%
EPS	₹ 15.40	₹ 8.20	87.8%

Financial Results (12 months ended FY 19-20) - YoY Comparison

The company has reported total income of Rs.3899.9 crores during the 6 months period ended March 31, 2020 as compared to Rs.3790.2 crores during the 6 months period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.466.7 crores for the 6 months period ended March 31, 2020 as against net profit / (loss) of Rs.227.7 crores for the 6 months period ended March 31, 2019.

The company has reported EPS of Rs.28.34 for the 6 months period ended March 31, 2020 as compared to Rs.13.85 for the 6 months period ended March 31, 2019.

Financials	Year Ended FY19-20	Year Ended FY18-19	% Change
Total Income	₹ 3899.9 crs	₹ 3790.2 crs	2.89%
Net Profit	₹ 466.7 crs	₹ 227.7 crs	104.96%
EPS	₹ 28.34	₹13.85	104.62%

"I am pleased and encouraged with our performance in delivering a broad-based growth with revenue of $261M and EBITDA of 19.6% for the quarter. We appreciate the trust from our clients and thank our employees for their unrelenting dedication and collaborative spirit during these unprecedented times. Our approach of Redefining Possibilities in the new normal for businesses enabled us to deliver a balanced H1 performance. This has helped to reinforce confidence on our strategy to build on existing strengths and drive profitable growth by being the business transformation partner for our clients, developing future ready talent and delivering value to all our stakeholders," said Debashis Chatterjee, Chief Executive Officer and Managing Director, Mindtree.

Shares of MINDTREE LTD. was last trading in BSE at Rs.1427.55 as compared to the previous close of Rs. 1553.5. The total number of shares traded during the day was 220801 in over 16197 trades.

The stock hit an intraday high of Rs. 1584 and intraday low of 1404.3. The net turnover during the day was Rs. 327642397.

Source : Equity Bulls

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