{"id":134662,"date":"2022-10-13T11:41:40","date_gmt":"2022-10-13T15:41:40","guid":{"rendered":"https:\/\/44.250.171.167\/?p=134662"},"modified":"2022-10-13T11:41:41","modified_gmt":"2022-10-13T15:41:41","slug":"mindtree-limited-q2fy23-28-growth-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/mindtree-limited-q2fy23-28-growth-in-profits\/","title":{"rendered":"MindTree Limited Q2FY23; 28% Growth in Profits"},"content":{"rendered":"\n

MindTree<\/a>‘s revenue for Q2 FY23 has increased by 32% YoY to \u20b9 34,004 millions. Profits fell by 28% YoY to \u20b9 5,087 millions. Communications, Media and Technology Segment Revenue rose by 23.3% YoY to \u20b9 14,790 millions for Q2 FY 2023. Total Expenses rose by 31% YoY to \u20b9 27,823 millions in Q2FY23.<\/p>\n\n\n\n

\"\"<\/a><\/figure><\/div>\n\n\n\n

Total Contract Value signed grew 61.1% YoY to $ 518 millions. EBIT grew by 27% YoY. In this quarter\u2019s\u00a0press release<\/a>, management suggested that consistent growth was earned on the backs off revenue maximization and cost optimization.<\/p>\n\n\n\n

To further compare this quarter\u2019s results to the past, check out this\u00a0link<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

MindTree‘s revenue for Q2 FY23 has increased by 32% YoY to \u20b9 34,004 millions. Profits fell by 28% YoY to \u20b9 5,087 millions. Communications, Media and Technology Segment Revenue rose by 23.3% YoY to \u20b9 14,790 millions for Q2 FY 2023. Total Expenses rose by 31% YoY to \u20b9 27,823 millions in Q2FY23. Total Contract […]<\/p>\n","protected":false},"author":1885,"featured_media":134663,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,8],"tags":[9050],"class_list":["post-134662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-technology-stocks","tag-technology-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/MINDTREE-Q2FY23.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":135881,"url":"https:\/\/alphastreet.com\/india\/bosch-ltd-q2fy23-26-growth-in-revenue\/","url_meta":{"origin":134662,"position":0},"title":"Bosch Ltd. 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In this quarter\u2019s\u00a0investor presentation, the reports suggested that the firm's stangnant profitability was due to 348% YoY increase in total expense.\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/Q2FY23-BOSCHLTD.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/Q2FY23-BOSCHLTD.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/Q2FY23-BOSCHLTD.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/Q2FY23-BOSCHLTD.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/Q2FY23-BOSCHLTD.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":135076,"url":"https:\/\/alphastreet.com\/india\/kotak-mahindra-bank-ltd-q2fy23-27-growth-in-profits\/","url_meta":{"origin":134662,"position":1},"title":"Kotak Mahindra Bank Ltd. Q2FY23; 27% Growth in Profits","author":"Karan_Singh","date":"October 24, 2022","format":false,"excerpt":"Kotak Mahindra Bank Ltd.\u2018s Net Interest Income for Q2 FY23 has increased by 27% YoY to \u20b9 5,099 crores. Profit After Tax rose by 27% YoY to \u20b9 2,581 crores. Operating Expenditure grew by 28% YoY for Q2 FY 2023. Net Non Performing Assets (NNPA) fell to 0.55%. 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