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Business News/ News / Mindtree reports 31.5% YoY rise in revenue
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Mindtree reports 31.5% YoY rise in revenue

Mindtree registered a strong growth with a 31.5% year-on-year growth in its revenue from a year earlier to 3,400 crore

Major tech and finance firms will announce their Q2 earnings results today (iStock)Premium
Major tech and finance firms will announce their Q2 earnings results today (iStock)

With the arrival of the earnings season, most of the major IT firms have revealed their Q2 earnings results this week. Apart from Infosys, Investors will be keenly waiting for the Q2 results of Mindtree, Cyient, Anand Rathi, Angel One, and other firms to be announced on Thursday.

13 Oct 2022, 07:03:27 PM IST

Cyient registered nominal revenue growth in Q2

Indian multinational tech giant Cyient recorded 516.6 crore of revenue generation in the second quarter vs 508.8 crore revenue in the previous one. Its employee cost has grown sequentially by 27.9 crore to 302.20 crore in Q2 from 274.30 crore in Q1.

13 Oct 2022, 05:48:46 PM IST

Mindtree reports 7% of quarterly rise in revenue in Q2

The global technology services company, Mindtree registered a strong growth with a 7.2% sequential rise in its revenue at $422.1 million. The company has also maintained healthy EBITDA margin at 21% despite wage hikes. The company has been showing more than 5 % revenue growth in constant currency for last seven consecutive quarters.

13 Oct 2022, 10:45:33 AM IST

Cyient shows a slow start ahead of Q2 results

Cyient shares fell 1.58% at 768.30 on BSE ahead of the announcement of its Q2 earnings result.

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