For fiscal year 2021, the mid-tier IT services provider reported net profit of Rs 1,110.5 crore, up 76% and revenue of Rs 7,967.8 crore, up 2.6%.
In dollar terms, Mindtree’s profits were $150 million on revenue of $1.08 billion in the year.
The company declared a final dividend of Rs 17.5 per share.
“We are proud to deliver another strong quarter, driven by significant traction in our client portfolio globally, leading to revenue growth of 5.2%, Ebitda of 21.9%, and an order book of $375 million at the end of Q4,” said Debashis Chatterjee, CEO and MD of the L&T Group company.
“For the year, we delivered…margin expansion of 680 bps, while increasing our order book by 12.3%. As we enter FY22, we are confident that continued client demand for our transformative services, a strong order book, and our strategic investments positions us well to deliver double digit growth and sustain Ebitda above 20%,” he added.
The company said it had 270 active clients as of March 31. Its total headcount was at 23,814, with an attrition rate of 12.1%. Mindtree rolled out its annual salary hikes in January, it said.
