{"id":799072,"date":"2021-10-14T11:25:44","date_gmt":"2021-10-14T11:25:44","guid":{"rendered":"https:\/\/telecomlive.in\/web\/2021\/10\/14\/mindtree-shares-zoom-nearly-12-pc-to-52-week-high-after-q2-earnings\/"},"modified":"2021-10-14T11:25:44","modified_gmt":"2021-10-14T11:25:44","slug":"mindtree-shares-zoom-nearly-12-pc-to-52-week-high-after-q2-earnings","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2021\/10\/14\/mindtree-shares-zoom-nearly-12-pc-to-52-week-high-after-q2-earnings\/","title":{"rendered":"Mindtree shares zoom nearly 12 pc to 52-week high after Q2 earnings"},"content":{"rendered":"<p>Shares of IT firm Mindtree jumped nearly 12 per cent on Thursday after the company posted a 57.2 per cent increase in net profit for the second quarter ended September 2021.<\/p>\n<p>The stock opened in the green and jumped 11.92 per cent to a 52-week high of Rs 4,883.40 on the BSE.<\/p>\n<p>At the NSE, it zoomed 11.91 per cent to its 52-week high of Rs 4,884.<\/p>\n<p>Mindtree on Wednesday posted a 57.2 per cent increase in net profit to Rs 398.9 crore for the second quarter ended September 2021.<\/p>\n<p>The company had reported a net profit of Rs 253.7 crore in the same quarter a year ago.<\/p>\n<p>Consolidated revenue from operations of Mindtree increased by 34.27 per cent to Rs 2,586.2 crore during the reported quarter from Rs 1,926 crore in the corresponding quarter of 2020-21.<\/p>\n<p>&#8220;Our revenues in the second quarter were USD 350.1 million, up 12.7 per cent sequentially and 34.1 per cent year-on-year, which was our highest YOY growth for a quarter in a decade,&#8221; Mindtree CEO and MD Debashis Chatterjee said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of IT firm Mindtree jumped nearly 12 per cent on Thursday after the company posted a 57.2 per cent increase in net profit for the second quarter ended September 2021. The stock opened in the green and jumped 11.92 per cent to a 52-week high of Rs 4,883.40 on the BSE. At the NSE, it zoomed 11.91 per cent to its 52-week high of Rs 4,884. Mindtree on Wednesday posted a 57.2 per cent increase in net profit to Rs 398.9 crore for the second quarter ended September 2021. The company had reported a net profit of Rs 253.7 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-799072","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/799072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=799072"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/799072\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=799072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=799072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=799072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}