Mindtree Ltd posts consolidated of Rs. 317.3 crore in Q4FY21

MINDTREE LTD. has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.2148.2 crores during the period ended March 31, 2021 as compared to Rs.2085.3 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.317.3 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.326.5 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.19.25 for the period ended March 31, 2021 as compared to Rs.19.81 for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 2148.2 crs	₹ 2085.3 crs	3.02%
Net Profit	₹ 317.3 crs	₹ 326.5 crs	-2.82%
EPS	₹ 19.25	₹ 19.81	-2.83%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.2148.2 crores during the period ended March 31, 2021 as compared to Rs.2068.8 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.317.3 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.206.2 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.19.25 for the period ended March 31, 2021 as compared to Rs.12.52 for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 2148.2 crs	₹ 2068.8 crs	3.84%
Net Profit	₹ 317.3 crs	₹ 206.2 crs	53.88%
EPS	₹ 19.25	₹ 12.52	53.75%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.8119.5 crores during the 12 months period ended March 31, 2021 as compared to Rs.7839.9 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.1110.5 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.630.9 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.67.41 for the 12 months period ended March 31, 2021 as compared to Rs.38.33 for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 8119.5 crs	₹ 7839.9 crs	3.57%
Net Profit	₹ 1110.5 crs	₹ 630.9 crs	76.02%
EPS	₹ 67.41	₹38.33	75.87%

"We are proud to deliver another strong quarter, driven by significant traction in our client portfolio globally, leading to revenue growth of 5.2%, EBITDA of 21.9%, and an order book of $375 M at the end of Q4. Our journey of profitable growth and seamless delivery during the pandemic year has been made possible by the resilience of Mindtree Minds, the commitment of our leadership team, and above all, the continued support of our clients," said Debashis Chatterjee, Chief Executive Officer and Managing Director, Mindtree. "The final dividend of ₹17.5 per share announced today reinforces Mindtree's commitment to enhance shareholder value. For the year, we delivered revenues of $1,076.5 M and margin expansion of 680 bps, while increasing our order book by 12.3%. As we enter FY22, we are confident that continued client demand for our transformative services, a strong order book, and our strategic investments positions us well to deliver double digit growth and sustain EBITDA above 20%."

Shares of MINDTREE LTD. was last trading in BSE at Rs.2067.6 as compared to the previous close of Rs. 2064. The total number of shares traded during the day was 54914 in over 3945 trades.

The stock hit an intraday high of Rs. 2142.7 and intraday low of 2047. The net turnover during the day was Rs. 114655317.

Source : Equity Bulls

Keywords