Larsen & Toubro-owned technology firm Mindtree has reported a third quarter revenue of ₹1,965.3 crore, a 10% YoY (year-on-year) and 2.7% QoQ (quarter-on-quarter) increase.
In the quarter, the company posted a net profit of ₹197 crore, a 3% YoY growth. In the previous quarter, the company had posted a profit of ₹135 crore while in the year-ago period, it was ₹191.2 crore.
Mindtree posted a total revenue of ₹1,965.3 crore, over ₹1,914.3 crore, an increase of 2.7%.
Dollar revenue down
However, it reported a 7.2% decline in its dollar revenue to $251.5 million against $271 million a quarter ago.
“We continue to execute our growth strategy, proactively incubate deals by mining strategic clients and nurture a learning-led culture. The recently concluded Annual Customer Experience Survey results depict industry-leading scores, indicating our exceptional work in delivering quality services to our clients,” said Debashis Chatterjee, CEO and managing director, Mindtree.
