Q4FY22 Result Update - MindTree Ltd - ICICI Direct

Mindtree reported resilience on the margins front.

- Fifth consecutive quarter of 5%+ CC QoQ growth
- EBIT margins declined 30 bps to 18.9%
- Order book healthy at US$1.6 billion (bn)

Key triggers for future price performance

- Key beneficiary of robust growth in cloud, data and experience

- Traction in multi-year deals client mining, scaling up existing clients to US$50 million

- Well poised for industry leading double digit revenue growth

- Well poised to maintain 20%+ EBITDA margin

For details, click on the link below: Link to the report

Shares of MindTree Limited was last trading in BSE at Rs. 3668.85 as compared to the previous close of Rs. 3638.70. The total number of shares traded during the day was 80959 in over 12545 trades.

The stock hit an intraday high of Rs. 3721.30 and intraday low of 3591.45. The net turnover during the day was Rs. 296800107.00.

Source : Equity Bulls

Keywords

MindTree INE018I01017 Q4FY22 ResultUpdate ICICIDirect