Mindtree Ltd :Q1FY18 result

DSIJ Intelligence / 19 Jul 2017

Mindtree Ltd :Q1FY18 result

The company's total sales for Q1FY18 came in at Rs 1289.5 crore, which represents a 2.17 per cent sequential decline and 2.87 per cent YoY decline.

The company's total sales for Q1FY18 came in at Rs 1289.5 crore, which represents a 2.17 per cent sequential decline and 2.87 per cent YoY decline.

The company's revenue by geography for Q1FY18 was US - 69.6%, Europe - 21.1%, and India and rest of world - 9.3% of total revenue.

Its operating profit (EBIT) for the quarter amounted to Rs 97.6 crore and its EBIT margin stood at 7.57 per cent.

The company reported PAT of Rs 121.7 crore, which represents a sequential QoQ increase of 25.21 per cent and a YoY decline of 1.46 per cent. During the quarter, the company added 20 new clients