Dividend

Mindtree Q4 results: Consolidated PAT falls 3% QoQ : Company declares dividend of Rs 17.5/share

Mindtree Q4 results: Consolidated PAT falls 3% QoQ : Company declares dividend of Rs 17.5/share

Midcap IT services company Mindtree has clocked 2.8 percent sequential decline in consolidated profit at Rs 317.3 crore for the quarter ended March 2021, hit by weak operating performance, but ended the year confident of maintaining double-digit growth and EBITDA above 20 percent in FY22. Consolidated revenue grew by 4.2 percent quarter-on-quarter to Rs 2,109.3 crore and the dollar revenue at $288.2 million was up by 5.2 percent from the previous quarter. "We are proud to deliver another strong quarter, driven by significant traction in our client portfolio globally, leading…
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