Mindtree Ltd Q2 FY2022-23 consolidated net profit up at Rs. 508.7 crores

MindTree Limited has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 3449 crores during the period ended September 30, 2022 as compared to Rs. 3160.6 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 508.7 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 471.6 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 30.83 for the period ended September 30, 2022 as compared to Rs. 28.57 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 3449 crs	₹3160.6 crs	9.12%
Net Profit	₹508.7 crs	₹471.6 crs	7.87%
EPS	₹30.83	₹28.57	7.91%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 3449 crores during the period ended September 30, 2022 as compared to Rs.2661 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.508.7 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.398.9 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.30.83 for the period ended September 30, 2022 as compared to Rs.24.19 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 3449 crs	₹2661 crs	29.61%
Net Profit	₹508.7 crs	₹398.9 crs	27.53%
EPS	₹30.83	₹24.19	27.45%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.6604.6 crores during the 6 Months period ended September 30, 2022 as compared to Rs.5024.5 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.980.3 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.742.3 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.59.41 for the 6 Months period ended September 30, 2022 as compared to Rs.45.03 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹6604.6 crs	₹5024.5 crs	31.45%
Net Profit	₹980.3 crs	₹742.3 crs	32.06%
EPS	₹59.41	₹45.03	31.93%

Shares of MindTree Limited was last trading in BSE at Rs. 3323.50 as compared to the previous close of Rs. 3345.75. The total number of shares traded during the day was 12956 in over 1923 trades.

The stock hit an intraday high of Rs. 3340.00 and intraday low of 3275.00. The net turnover during the day was Rs. 42844139.00.

Source : Equity Bulls

Keywords

Mindtree Q2FY23 H1FY23 ResultUpdate