Mindtree reports 5.8% QoQ drop in Q4 net profit at Rs 92.70 crore

Mindtree on Thursday reported a 5.8 per cent QoQ fall in net profit for the quarter ended March 31.

For the quarter under review, the company reported a consolidated net profit of Rs 92.70 crore compared with Rs 103.10 crore in the December quarter.

Total consolidated revenue for the quarter came in at Rs 1,318.10 crore, down 1.8 per cent QoQ over Rs 1,295.30 crore in the third quarter.

The stock closed Thursday's session at Rs 442.60 on NSE, up 0.22 per cent.