Mindtree surges on Q2 earnings

Standalone

The net profit of the company rose by 132.05% to Rs54.30 crore for the quarter ended September 2011 as against Rs23.40 crore for the previous quarter ended September 2010.

Sales rose by 18.81% to Rs456.70 crore for the quarter ended September 2011 as against Rs384.40 crore for the previous quarter ended September 2010.

The consolidated net profit of the company surged by 58% to Rs54.50 crore on 10.6% growth in revenue to Rs456.70 crore in Q2 September 2011 over Q1 June 2011.