MindTree, IT solutions and product engineering services company, announced a steady growth in consolidated net profit for the quarter ended September 2015. During the quarter, the profit of the company rose 15.14% to Rs 1,582.00 million from Rs 1,374.00 million in the same quarter last year.
Revenues for the quarter rose 31.01% to Rs 11,824.00 million, compared with Rs 9,025 million for the prior year period.
Operating margin for the quarter stood at 18.30 percent as compared to 19.45 percent for the previous year period. Operating Income for the quarter was Rs 2,164.00 million, compared with Rs 1755 million in the previous year period.
Earnings per share for the quarter stood at Rs 18.82, registering 15.04% growth over previous year period.
The company has 296 active clients at the end of September quarter.
It has added 15,582 employees as of September 30, 2015, added 1,801 employees during the quarter on a gross basis, trailing 12 months atrrition is at 17.1%.
| Quarterly Results - Consolidated (Rs in mn) |
| As at | Sep - 15 | Sep - 14 | %Change |
| Revenues | 11,824.00 | 9,025.00 | 31.01 |
| Net Profit | 1,582.00 | 1,374.00 | 15.14 |
| Diluted EPS | 18.82 | 16.36 | 15.04 |
Shares of the company declined Rs 4, or 0.28%, to settle at Rs 1,403.25. The total volume of shares traded was 42,507 at the BSE (Thursday).
