Mindtree Q4 FY 2014 revenue up 17%, revenue rose 9%

Indian IT services company Mindtree today said its fourth quarter revenue in fiscal 2014 rose 17.4 percent to $132.8 million. Its net profit grew 8.9 percent to $15.9 million.

The full year revenue of Mindtree increased 15.1 percent to $501.5 million, while its net profit rose 19.3 percent to $74.6 million.

Mindtree has 207 active clients as of March 31, 2014, while $5 million clients grow to 24 and $1 million clients grow to 73.

The Bangalore-based company added 397 employees during the quarter on a gross basis to 12,926 employees as of March 31, 2014.

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