Q1 Results: Mindtree’s Profit Halves, Margin Narrows On Wage Hike
L&T was recently categorised as a promoter of Mindtree, after it executed a hostile takeover to acquire a 60.06 percent stake in the company. (Photo: BloombergQuint)

Q1 Results: Mindtree’s Profit Halves, Margin Narrows On Wage Hike

Mindtree Ltd.’s profit for the June quarter halved and results missed estimates as its margin narrowed owing to increased employee costs.Net profit in the June quarter fell 53 percent sequentially ...
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