Mindtree Q4 results: Score revenue jumps 3.9% YoY to Rs 206 crore; firm announces dividend of Rs 10 per fragment

The firm had reported revenue at Rs 198.4 crore within the corresponding quarter closing year.

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Final Up so some distance: Apr 24, 2020, 05.29 PM IST

Consolidated rep revenue of the firm increased 11.5 per cent on a yearly basis to Rs 2,050.5 crore.

New Delhi: Mindtree on Friday reported 3.9 per cent year-on-year (YoY) jump in consolidated rep revenue at Rs 206.2 crore for the fourth quarter ended March 31. The firm had reported revenue at Rs 198.4 crore within the corresponding quarter closing year.

Consolidated rep revenue of the firm increased 11.5 per cent on a yearly basis to Rs 2,050.5 crore.

The firm closed FY20 with the very most sensible ever deal wins of $1.2 billion. “Our relentless focal level and client-first way beget resulted in great Q4 performance on multiple dimensions – revenue boost of 1.9 per cent in fixed currency, growth of operating margin by 150 basis components and file deal wins of $393 million,” said Debashis Chatterjee, Chief Govt Officer and Managing Director, Mindtree.

The board of the firm also permitted a closing dividend of Rs 10 per fragment.

In US$ terms, the firm reported rep revenue at $28.2 million, flat YoY. The revenue for the quarter jumped 6.3 per cent to $278.4 million. The administration is asking ahead to softness in build a query to in FY21.

Chatterjee said, on the opposite hand, the firm is effectively geared as a lot as take care of the global disaster per the industrial continuity blueprint and live assured that they’ll proceed to pressure a hit boost and maximize shareholder cost.

Mindtree said it has 307 vigorous purchasers as of March 31, which accommodates 23 $10 million purchasers. Its employee depend stood at 21,991, with a trailing 12 months attrition charge at 17.4 per cent.


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