Mindtree’s Q2FY23 Quarter Results

• Mindtree reported 9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended September (Q2FY23). On a year-on-year (YoY) basis, it witnessed a growth of 30%.
• Its expenses for the quarter were up by 10% QoQ and 31% YoY.
• The net profit grew 6.9% QoQ and 26% YoY.
• The earnings per share (EPS) of Mindtree stood at 30.8 during Q2FY23.

Mindtree’s Financial Statements for Q2FY23:

| (Rs, crores) |mobile_header | Q2FY22 |mobile_header | Q1FY23 |mobile_header | Q2FY23 |mobile_header | QoQ (%) |mobile_header | QoQ (%) |mobile_header | |------------------------------|------------------------|------------------------|------------------------|-----------------------|-------------------------| | Total Income | 2,661 | 3,161 | 3,449 | 9% | 30% | | Total Expenses | 2,129 | 2,535 | 2,782 | 10% | 31% | | Profit before tax | 532 | 626 | 667 | 7% | 25% | | Tax | 133 | 154 | 163 | 6% | 22% | | Profit after tax | 399 | 472 | 504 | 6.9% | 26% | | Earnings per share | 24.2 | 28.6 | 30.8 | | |

Data Source: BSE, Company announcements

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