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TMCNet:  Mindtree Q3 net profit increases

[January 24, 2013]

Mindtree Q3 net profit increases

Jan 24, 2013 (Datamonitor via COMTEX) -- Mindtree Limited, an information technology solutions company, has reported net profit of INR988 million, or INR23.80 per diluted share, for the third quarter ended December 31, 2012, compared to INR606 million, or INR14.89 per diluted share, for the same quarter ended December 31, 2011.


Income from software services for the third quarter ended December 31, 2012 was INR5.90 billion, compared to INR5.2 billion for the same quarter ended December 31, 2011.

Net profit for the nine months ended December 31, 2012 was INR2.6 billion, or INR62.83 per diluted share, compared to INR1.49 billion, or INR37.16 per diluted share, for the same period ended December 31, 2011.

Income from software services for the nine months ended December 31, 2012 were INR17.49 billion, compared to INR13.89 million for the same period ended December 31, 2011.

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