Become a Franchise Trade Now BA Connect Open an Account Reactivation Segment Activation
Hot Pursuit
Prev Next
As on Apr 16, 2021 12:00 AM Your results on : Hot Pursuit    
Mindtree Q4 PAT slips 2.8% QoQ to Rs 317.30 cr
16-Apr-2021 (17:19)

In dollar terms, the company posted a decline of 1.9% in consolidated net profit to $43.3 million on a 5.2% increase in revenues to $288.2 million in Q4 FY21 over Q3 FY21.

EBITDA in the fourth quarter fell 1.1% to Rs 462.6 crore from Rs 467.90 crore in the same period last year. EBITDA margin was at 21.9% as on 31 March 2021 compared with 23.1% as on 31 December 2020.

As compared to Q3 FY21, Mindtree has added one client in $5 million category during the quarter, but witnessed reduction of 2 clients in $1 million band and 1 client in $10 million band. The total active clients at the end of March 2021 stood at 270, down from 276 clients seen at the end of December 2020.

The midcap IT firm reported 76% jump in consolidated net profit to Rs 1,110.50 crore on 2.6% rise in revenue to Rs 7967.80 crore in the year ended on 31 March 2021 over the year ended on 31 March 2020.

Total employee headcount was at 23,814 in Q4 FY21 as against 22,195 in Q3 FY21. The attrition rate (of last twelve months) at 12.1% at the end of March quarter 2021, has fallen from 12.5% seen at December 2020.

The company has a healthy order book of $1,382 million with a growth of 12.3% for FY21.

Debashis Chatterjee, chief executive officer and managing director, Mindtree, said: 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. 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%.

The board of directors of the company have recommended a final dividend of Rs 17.5 per equity share for the financial year ended 31 March 2021, which is subject to the approval of shareholders at the annual general meeting.

MindTree is an international information technology consulting and implementation company that delivers business solutions through global software development.

The scrip rose 0.17% to Rs 2067.60 today. It traded in the range of 2047 and 2142.70 during the day.

Vivimed Labs soars on regulatory nod for three products
16-Apr-2021 (15:40)
RITES consortium emerges lowest bidder for railway project in Bangladesh
16-Apr-2021 (15:15)
Tinplate Company of India Ltd leads losers in 'A' group
16-Apr-2021 (15:00)
SBI Cards soars as Citigroup to exit retail banking in India
16-Apr-2021 (14:45)
Suvidhaa Infoserve Ltd leads losers in 'B' group
16-Apr-2021 (14:45)
GTPL Hathway soars after strong Q4 performance
16-Apr-2021 (14:29)
Volumes spurt at DCM Shriram Ltd counter
16-Apr-2021 (14:30)
Banking stocks edge lower
16-Apr-2021 (14:00)
ICRA reaffirms ratings of Aarti Drugs
16-Apr-2021 (13:51)
NALCO gains on bagging mining lease for Utkal-E coal block
16-Apr-2021 (13:29)
NTPC Ltd in demand
16-Apr-2021 (13:05)
Oil & Natural Gas Corpn Ltd rises for third consecutive session
16-Apr-2021 (13:05)
Tata Motors Ltd soars around 3%
16-Apr-2021 (13:05)
IDBI Bank trims stake in 3i Infotech
16-Apr-2021 (12:35)
G M Breweries says closure of liquor outlets may impact April sales
16-Apr-2021 (12:14)
Times Guaranty Ltd leads gainers in 'B' group
16-Apr-2021 (12:15)
Hester Biosciences Ltd leads gainers in 'A' group
16-Apr-2021 (12:00)
Info Edge (India) subsidiary to amalgamate PB Fintech with itself
16-Apr-2021 (11:50)
Apollo Hospitals gains after Sands Capital Management hikes stake
16-Apr-2021 (11:18)
Connect with us :   
About us
Our Services
Core Values
Investor Relations
Product & Services
Institutional Broking
Clearing Services
Trade & Products
Globe Connect Pro
Globe Trade Smart
Globe Connect Mobile/Tablet
Globe News Connect
Globe e-KYC Application
NSDL e-KYC Signer Application
Mobile App Demo
ODIN User Manual
Client Reactivation
Segment activation
Back Office
Back Office
KYC/KDC Status
Mutual Fund
RMS Policy
Download Forms
Useful Links
Exchange Holidays
Exchange guidelines on margin collection
Anti-Money Laundering Policy
Policies, Procedures, Rights, Obligations and RDD
Additional Policy and Procedures

Funds Payout Policy

Shortages Obligation Arising Out Of Internal Netting of Trades

Policies of Globe Commodities Limited
Guidance Note on FATCA and CRS May 2016
Right and Obligation, RDD, Guidance Note in Vernacular Language - Equity | Commodity
Additional Risk Disclosure for Trading into Commodity options
In case of any grievances pleae write to / (For Trading) (For DP) (For PMS) (For Commodities)
Equity SEBI Registration No INZ000177137, Exchange Registration Nos : NSE TM Code - 06637, Clearing No.- M50302|BSE Clearing No: 3179|MSEI TM Code - 1004 ,Clearing No.- 4| MCX TM No: 8091,Clearing No: 8090 | NCDEX TM No:1287, Clearing No: -M51085|ICEX TM ID-2084 | SEBI Registration for DP : IN-DP-NSDL-97-99, NSDL- DP ID: IN300966, CDSL DP ID: 12020600 | SEBI Research Analysts Registration No :INH100001187 | SEBI PMS Registration No:INP000002361 CMBPID NCL CM :- IN555502
* Through subsidiary Globe Commodities Ltd. --> Commodity SEBI Regn. No. - INZ000024939, Exchange Regn. Nos. - MCX CM ID: 8550 TM ID: 10735, NCDEX CM ID: M50011 TM ID: 00012, NMCE ID: CL0111, ICEX ID: 1009, NCDXSPOT-CR-07-10011,
** Through step in subsidiary Globe Comex International DMCC --> DGCX **TM Id.1064, CM Id.3064*
"We also do Pro-Account trading in Commodity Segment.."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
Attention Investors:
"Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your Stock Brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of investors"
"Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day......................issued in the interest of investors."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
© 2013 Globe Capital Market Limited. All rights reserved
Designed, Developed and Content powered by CMOTS Infotech (ISO 9001:2015 Certified) Privacy Policy Disclaimer Terms and Conditions