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Mindtree Ltd. reported strong revenue growth of 5.4% quarter-on-quarter and stood at Rs 2,897 crore in Q4 FY22, reporting revenue growth of 49.1% year-on-year.
The company posted operating profits of Rs 608 Cr, registering a growth of 2.7% QoQ, demonstrating the company’s superior execution and better service mix.
While its Operating Margins declined by 50 basis points QoQ to 21%, its Net profit for Q4 FY22 stood at Rs 473 crore, registering an impressive growth of 49% YoY and 8.1% QoQ.
The management communicated a positive commentary on the verticals such as BFSI, Hi-tech Media, and Life Sciences.
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