Mindtree Ltd Q2FY18
Consolidated Results Q2FY18: (Rs. in crore)
|EBITDA Margin (%)||11.6||44|
|Net Profit (adjusted)||125||2.7|
Mindtree Ltd. consolidated revenue for the quarter came in at Rs. 1331 crores, registering 3.2% QoQ increase. This was primarily driven by 7% qoq rise in revenue from retail, CPG and manufacturing segment.
EBITDA for the quarter rose by 7.3% QoQ to Rs. 154 crores with a corresponding margin expansion of 44 bps. EBITDA margin for the quarter stood at 11.57%.
PAT for the quarter came in at Rs. 125 crores, QoQ increase of 2.7%. This was due to lower finance costs at Rs.2.5 crore vs Rs.4.5 crore in Q1FY18.
Mindtree Ltd ended at Rs. 506.95, up by 4.15 points or 0.83% from its previous closing of Rs. 502.80 on the BSE.
The scrip opened at Rs. 504.50 and touched a high and low of Rs. 509.45 and Rs. 502.45 respectively. A total of 4,72,875(NSE+BSE) shares were traded on the counter. The stock traded below its 200 DMA.
BSE 741.00 12.45 (1.71%)
NSE 740.70 14.55 (2%)
***Note: This is a NSE Chart
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