Mindtree Q4
PAT at Rs 97.2 cr vs Rs 103.1 cr, down 5.7% QoQ.
$ revenue at $195.6 mn vs $192 mn, up 1.8% QoQ.
Revenue at Rs 1,318 cr vs Rs 1,295.3 cr, up 1.8% QoQ.
EBITDA at Rs 186.9 cr vs Rs 174 cr QoQ.
EBITDA margin at 14.2% vs 13.4% QoQ.
Analysis
Good results
$ Rev and margins beat estimates, Forex loss drags profits
Technical View
Support at 437 and resistance at 458
Trend Looks positive and could touch its Resistance level of 458. Close above 548 will see more upside rally in it else could touch its support level of 437 again.
Trade with levels only.
More will update soon!!
