New Delhi: IT firm Mindtree on Friday reported 3.9 per cent rise in consolidated net profit to ₹206.2 crore for March 2020 quarter, and said it anticipates softness in demand due to COVID-19 pandemic.
The company had posted a net profit of ₹198.4 crore in the same period last year, Mindtree said in a regulatory filing. The Bengaluru-based company' revenues grew 11.5 per cent to ₹2,050.5 crore in the quarter under review from ₹1,839.4 crore in the year-ago period, it added. "Looking ahead to fiscal 2021, we anticipate softness in demand due to the unprecedented COVID-19 pandemic.
However, we're well equipped to handle the global crisis based on the business continuity plan we have successfully implemented to ensure the health and safety of