Mindtree's Q4 net profit fell 8.6% to Rs 129 crore mainly due to forex loses.
Key financial highlights:
Quarter ended March 31, 2015
· In USD terms:
o Revenue at $147.8 million (growth of 0.1% q-o-q / 11.3% y-o-y). Constant currency revenue growth of 1.8% q-o-q
o Net profit at $20.7 million (decline of 9.2% q-o-q / growth of 30.5% y-o-y)
· In Rupee terms:
o Revenue at ₹ 9,181million (growth of 0.7% q-o-q / 11.5% y-o-y)
o Net profit at ₹ 1,287 million (decline of 8.6% q-o-q / growth of 31.1% y-o-y)
Year ended March 31, 2015
· In USD terms:
o Revenue at $583.8 million (growth of 16.4%)
o Net profit at $87.9 million (growth of 17.9%)
· In Rupee terms:
o Revenue at ₹ 35,619 million (growth of 17.5%)
o Net profit at ₹ 5,363 million (growth of 19%)
Other highlights:
· Clients:
o 217 active clients as of March 31, 2015
o $10 million clients grow to 14; $5 million clients grow to 28
· Employees:
o 14,202 employees as of March 31, 2015
o Added 1,517 employees during the quarter on a gross basis
o Trailing 12 months attrition is at 18.2%
· Awards and recognition:
o Mindtree featured as a 'Major Player' in IDC's Marketscape for Worldwide Mobile Application Development and Testing Services 2014 Vendor Assessment
o Mindtree was named the winner of the Silver Shield by ICAI Awards for Excellence for Financial Reporting for the year 2013-14
Key financial highlights:
Quarter ended March 31, 2015
· In USD terms:
o Revenue at $147.8 million (growth of 0.1% q-o-q / 11.3% y-o-y). Constant currency revenue growth of 1.8% q-o-q
o Net profit at $20.7 million (decline of 9.2% q-o-q / growth of 30.5% y-o-y)
· In Rupee terms:
o Revenue at ₹ 9,181million (growth of 0.7% q-o-q / 11.5% y-o-y)
o Net profit at ₹ 1,287 million (decline of 8.6% q-o-q / growth of 31.1% y-o-y)
Year ended March 31, 2015
· In USD terms:
o Revenue at $583.8 million (growth of 16.4%)
o Net profit at $87.9 million (growth of 17.9%)
· In Rupee terms:
o Revenue at ₹ 35,619 million (growth of 17.5%)
o Net profit at ₹ 5,363 million (growth of 19%)
Other highlights:
· Clients:
o 217 active clients as of March 31, 2015
o $10 million clients grow to 14; $5 million clients grow to 28
· Employees:
o 14,202 employees as of March 31, 2015
o Added 1,517 employees during the quarter on a gross basis
o Trailing 12 months attrition is at 18.2%
· Awards and recognition:
o Mindtree featured as a 'Major Player' in IDC's Marketscape for Worldwide Mobile Application Development and Testing Services 2014 Vendor Assessment
o Mindtree was named the winner of the Silver Shield by ICAI Awards for Excellence for Financial Reporting for the year 2013-14
