On Wednesday, MindTree announced a total dividend of Rs 27 per share. The board of directors today declared an interim dividend of Rs 3 per share on the face value of Rs 10 each. The company fixed April 27 as record date for payment of the interim dividend.
Mindtree CEO and Managing Director Rostow Ravanan said, “Mindtree has delivered exceptional performance for both the fourth quarter and the full fiscal year as we cross the historic $1 billion milestone. Over the course of two decades our strategy of being expertise-led and backed by a unique culture continues to help us attract world class people and create customer successes.”
He added the company is “well-poised to continue delivering industry leading returns for all our stakeholders, the best is yet to come.”
Mindtree’s FY19 profit increased 32.2 per cent to Rs 754.1 crore, while revenue was up 28.5 per cent to Rs 7,021.5 crore from the previous fiscal.
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