Mindtree Q4 net profit jumps 49%

Business

Bengaluru

Mindtree, owned by Larsen & Toubro, reported consolidated net income of £473.1 billion for the quarter ended March 2022, up 49% year-on-year.

The company reported a profit after tax of ₹ 317.3 million in the same period last year.

In the fourth quarter, the company’s revenue was £2,897.4 billion, up 37% from £2,109.3 billion a year earlier.

CEO and MD Debashis Chatterjee said, “Mindtree’s industry-leading growth in a year of rapid business and technology change demonstrates the relevance of our value proposition in reshaping businesses and driving digital transformation at scale.”

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