MindTree Q2 cons PAT up 56% QoQ at Rs 54.5 crore, To pay Rs 2.50 dividend per share.
MindTree has announced its second quarter results. The company's Q2 consolidated net profit was up 56% at Rs 54.5 crore, versus Rs 34.5 crore, quarter-on-quarter, QoQ. Its net profit higher due to higher forex gain, other income, QoQ.
Its consolidated net sales in July-September were up 11% at Rs 457 crore, versus Rs 413.1 crore, in the first quarter.
Second quarter margin was at 12.87%, versus 11.1%, in April-June.
It had a forex gain of Rs 16.9 crore in the second quarter, versus Rs 9.14 crore, QoQ.
MindTree Ltd’s board of directors on October 17 recommended an interim dividend of 15 per cent (Rs 1.50 per equity share of Rs 10 each) for the six months ended September 30, 2011.
It has also declared a special dividend of 10 per cent (Re 1 per equity share) on the occasion of crossing $100 million in revenues and 10,000 MindsTree minds in this quarter.
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MindTree has announced its second quarter results. The company's Q2 consolidated net profit was up 56% at Rs 54.5 crore, versus Rs 34.5 crore, quarter-on-quarter, QoQ. Its net profit higher due to higher forex gain, other income, QoQ.
Its consolidated net sales in July-September were up 11% at Rs 457 crore, versus Rs 413.1 crore, in the first quarter.
Second quarter margin was at 12.87%, versus 11.1%, in April-June.
It had a forex gain of Rs 16.9 crore in the second quarter, versus Rs 9.14 crore, QoQ.
MindTree Ltd’s board of directors on October 17 recommended an interim dividend of 15 per cent (Rs 1.50 per equity share of Rs 10 each) for the six months ended September 30, 2011.
It has also declared a special dividend of 10 per cent (Re 1 per equity share) on the occasion of crossing $100 million in revenues and 10,000 MindsTree minds in this quarter.
TO CHECK THE LATEST STOCK PRICE
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